Reasonable deposit amount

[singaporepatek]

Originally Posted by martinr

Yes that’s a low price. But when you think about what you can get for 25K it would be insane to buy it. I’ve looked at them and they feel cheap and not in a good way. If it didn’t say Patek on the dial nobody would be interested.

Patek World Time is a staple of any Patek collection and one of the classics. Saying it would be insane to buy a 5230 for the unreal price of 25k shows your lack of experience with Patek Philippe.

[Fat_ninja]

Originally Posted by singaporepatek

Patek World Time is a staple of any Patek collection and one of the classics. Saying it would be insane to buy a 5230 for the unreal price of 25k shows your lack of experience with Patek Philippe.

I thought that was the annual calendar?

[dauster]

Originally Posted by PJ S

If that is true, then what they attempted was extortion, and any 1st year lawyer would’ve had a field day with them.

Yeah but you would also never get another RM ever again... just saying....

[singaporepatek]

Originally Posted by Fat_ninja

I thought that was the annual calendar?

5110 was first modern Patek World Time, then 5130, then replaced by 5230

[martinr]

Originally Posted by singaporepatek

Patek World Time is a staple of any Patek collection and one of the classics. Saying it would be insane to buy a 5230 for the unreal price of 25k shows your lack of experience with Patek Philippe.

Ok if you say so it must be true. I’m not a collector I’m a user and I’d rather have 25K in the bank than the experience of owning that watch.

[singaporepatek]

Originally Posted by martinr

Ok if you say so it must be true. I’m not a collector I’m a user and I’d rather have 25K in the bank than the experience of owning that watch.

Patek Philippe is clearly not for you, sir. I recommend you stick with Rolex.

[Humble michael]

Sorry to hear such dogmatic responses.I would not buy a 5230 G at $25k nor do I want one. Of course , I only have 8 PP in my collection but now I realize I am missing a necessary piece to have a proper collection. The 5230 is a nice timepiece but not for me and yep I would rather keep 25k in my Pocket than have a 5230 at that wholesale price . Just my opinion.
:-)

[Fat_ninja]

Originally Posted by james272

Sorry to hear such dogmatic responses.I would not buy a 5230 G at $25k nor do I want one. Of course , I only have 8 PP in my collection but now I realize I am missing a necessary piece to have a proper collection. The 5230 is a nice timepiece but not for me and yep I would rather keep 25k in my Pocket than have a 5230 at that wholesale price . Just my opinion.
:-)

Now a 5320G for 25k. I’d rush for. Lol. But it’ll never get there

[vandyologist]

Originally Posted by singaporepatek

Where did you get it for 33k?

A coin dealer in Houston. It was listed on a popular online auction site for $38k. I was able to contact them directly and get a better price. I paid sales tax so in reality I'm in for just north of $35k. One sold at the Phillips auction in November for $35,750 so I was pretty close to the market price.

[WatchLurv]

10% deposit where I've shopped.

[Fat_ninja]

Originally Posted by WatchLurv

10% deposit where I've shopped.

Look who’s back lol

[martinr]

Originally Posted by singaporepatek

Patek Philippe is clearly not for you, sir. I recommend you stick with Rolex.

You say stick to Rolex like that’s some inferior product? Look at all my previous incoming threads and educate yourself before making childish responses.

Your posts are clearly not for me and that’s why I’ve added you to my ignore list.

[golfski]

Originally Posted by martinr

I know but out of 101 that’s three and do they actually have the watch for sale? I’m not trying to argue with the guy that said 12-15 less than msrp but realistically speaking can you actually get the watch BNIB for 12-15 less than MSRP? I doubt it.

I bought my BNIB for 37k USD back in Sept, not off Chrono24 but from another TRF'er. So 12-15 off MSRP isn't a bad guesstimate for the low end.

Originally Posted by Oz33

I called a UK AD yesterday to enquire about a 5524g and was told i needed to place a 50% deposit for delivery after April - wasn’t aware that this was now a hard to get piece, especially as i tried the g and r version at another AD over CHristmas.

Wish i bought it then....hindsight is a wonderful thing.

I saw the R over Christmas in Europe (Paris and London) but both places indicated the G still had a waiting list that they expected to take them to mid-year at least. Not impossible to find but it does seem harder to find the G than the R lately.

[Ichiran]

Originally Posted by golfski

I bought my BNIB for 37k USD back in Sept, not off Chrono24 but from another TRF'er. So 12-15 off MSRP isn't a bad guesstimate for the low end.

I saw the R over Christmas in Europe (Paris and London) but both places indicated the G still had a waiting list that they expected to take them to mid-year at least. Not impossible to find but it does seem harder to find the G than the R lately.

I have occasionally seen both variants of the 5524 displayed in Singapore AD... last time was just 2 weeks ago.

[martinr]

DavidSW listed a BNIB 5524R today for a little under 40K.

[WatchLurv]

Originally Posted by Fat_ninja

Look who’s back lol

Finally got out of the SHU.

[SpeedyTuomas]

No. If the AD goes bankrupt you are in a bad situation.

[hgg43c]

I'm comfortable with giving my AD a negotiated deposit. I get a receipt which states that the deposit will be refunded.

[PJ S]

^
Only valid for as long as they remain in business and can honour it, if/when required.

[Humble michael]

Sure , that or get a firm verbal from them. Ha !

[Passionata]

Originally Posted by Fat_ninja

RM requires full deposit. :(

Time to discard them

[WatchLurv]

Originally Posted by Passionata

Time to discard them

They wont go bust since they own all their shops.

[pam66]

Originally Posted by Passionata

Time to discard them

RM is the most empty watch brand

[Passionata]

Originally Posted by pam66

RM is the most empty watch brand

i wouldn t say that ,
Renaud&Papi is definetly a great company however I m not sure how long the hype lasts around RM .I understand the concept and even appreciate the marketing job they did , but for me their whole collection seems to be variations on one theme but I m not their target group for sure.