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Old 31 July 2022, 08:26 AM   #1
watchnerdofficial
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5% official Patek price increase from 1st September

Confirmed in UK, thoughts?
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Old 31 July 2022, 08:49 AM   #2
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It’s going to hurt slightly, but if the AD calls, doubt anybody would turn down the offer to buy one despite the price increase.
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Old 31 July 2022, 08:50 AM   #3
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Itís going to hurt slightly, but if the AD calls, doubt anybody would turn down the offer to buy one despite the price increase.
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Old 31 July 2022, 02:19 PM   #4
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Isnt this the 2nd set of increases this year?
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Old 31 July 2022, 02:41 PM   #5
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sighs... another increase... just UK or internationally?
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Old 31 July 2022, 02:54 PM   #6
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Oh dear, that 5270 just got more expensive.
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Old 31 July 2022, 03:43 PM   #7
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Deleted. Double post.
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Old 31 July 2022, 03:43 PM   #8
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Meanwhile Iím still here waiting for them to start discounting Calatravas and 24s once again 😂
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Old 31 July 2022, 11:16 PM   #9
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Damn I guess Patek isn't feeling the burn from this recession yet.
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Old 31 July 2022, 11:22 PM   #10
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Damn I guess Patek isn't feeling the burn from this recession yet.
Recession only hurts mostly lower middle class. Donít get me wrong it does hit the middle middle class and the upper middle class as well but mostly the lower middle class. The extremely wealthy or .1% of income earners donít get hurt by the recession. They are the idiots that cause it. Or better put they support the policies that cause it. Mostly I suspect because they donít get affected by it. Patek will do just fine during the coming worldwide recession.
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Old 1 August 2022, 01:33 AM   #11
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If this has come from WOS id probably say this is BS
But I might be wrong
We will see in 31 days
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Old 1 August 2022, 01:33 AM   #12
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If this has come from WOS id probably say this is BS
But I might be wrong
We will see in 31 days
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Old 1 August 2022, 01:39 AM   #13
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Confirmed in UK, thoughts?


By whom? Source? Link?
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Old 1 August 2022, 02:18 AM   #14
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It is probably the inflation factor. I doubt the recessionary trends are much of a factor to lessening demand at the moment.
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Old 1 August 2022, 02:45 AM   #15
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Confirmed in UK, thoughts?
Direct source please?
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Old 1 August 2022, 04:22 AM   #16
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Direct source please?
Patek AD
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Old 1 August 2022, 04:55 AM   #17
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Patek AD
WOS

IMO it would be bad to put up prices, The business is not adhering to shareholders and already making large sums of money, im sure they can stomach some of there extra costs.
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Old 1 August 2022, 05:22 AM   #18
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WOS

IMO it would be bad to put up prices, The business is not adhering to shareholders and already making large sums of money, im sure they can stomach some of there extra costs.

Shareholders? So the Stern family. They can do whatever their hearts desire


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Old 1 August 2022, 06:36 AM   #19
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Shareholders? So the Stern family. They can do whatever their hearts desire


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They can but with the slowdown of watches stuff that was hard (not aquanaut/nautilus) to move 2 years ago will be even harder to move with prices up over 15% in 9 months.
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Old 1 August 2022, 08:25 AM   #20
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They can but with the slowdown of watches stuff that was hard (not aquanaut/nautilus) to move 2 years ago will be even harder to move with prices up over 15% in 9 months.

Weíre in agreement, I donít think it would be wise either. I was simply stating they do not have to answer to shareholders as Patek are not public.


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Old 1 August 2022, 08:27 PM   #21
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well at least this further tightens the spread between AD price and grey price, isn't this what majority of this board wants, ie. make it harder for the flippers...?
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Old 1 August 2022, 09:00 PM   #22
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Patek is never going to be anything short of eye-watering painful when it comes to price. It has to be. It's part of the DNA, for better or for worse. Simply put, there is no other brand with the history and provenance of Patek, and as such, that is always going to be reflected.

In a world of easy money, it is no surprise to me that Patek is moving up prices aggressively. AP is doing the same. If any manufacturers should be doing this, it is these two.
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Old 1 August 2022, 09:30 PM   #23
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Patek is never going to be anything short of eye-watering painful when it comes to price. It has to be. It's part of the DNA, for better or for worse. Simply put, there is no other brand with the history and provenance of Patek, and as such, that is always going to be reflected.

In a world of easy money, it is no surprise to me that Patek is moving up prices aggressively. AP is doing the same. If any manufacturers should be doing this, it is these two.
AP are being greedy, Trying to control everything. As mentioned before in times of demand amazing but when times get uncertain I would rather have a retail network which would have to take X amount of stock every month guaranteed
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Old 1 August 2022, 09:39 PM   #24
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AP are being greedy, Trying to control everything. As mentioned before in times of demand amazing but when times get uncertain I would rather have a retail network which would have to take X amount of stock every month guaranteed

How are AP being "greedy" please?
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Old 1 August 2022, 10:52 PM   #25
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AP are being greedy, Trying to control everything. As mentioned before in times of demand amazing but when times get uncertain I would rather have a retail network which would have to take X amount of stock every month guaranteed
Terrible, salty, opinion.

What AP is doing is no different than any other manufacturer. They have wild demand. It is real. They're no greedier than you are for wanting only their hot models, or Patek or Rolex for wanting to run the best business that they can.
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Old 1 August 2022, 11:23 PM   #26
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Sadly doesn’t much matter to me , since I can no longer buy from an ad since mine was flagged. Kinda a moot point to me, after buying 8 PP’s and being loyal to the brand - not flipping. :-((
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Old 1 August 2022, 11:36 PM   #27
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Sadly doesnít much matter to me , since I can no longer buy from an ad since mine was flagged. Kinda a moot point to me, after buying 8 PPís and being loyal to the brand - not flipping. :-((
That sucks - have you considered reaching out to PP to see if they can refer you to someone new to work with? Your AD doing the wrong thing shouldn't reflect on you as a good, loyal, customer.
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Old 2 August 2022, 05:26 AM   #28
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AP are being greedy, Trying to control everything. As mentioned before in times of demand amazing but when times get uncertain I would rather have a retail network which would have to take X amount of stock every month guaranteed
So are Vacheron being Ďgreedyí by making most of their desirable models boutique only then?
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Old 2 August 2022, 07:48 AM   #29
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I’d like them to increase prices perhaps 10-50% depending on model. Take a significant step closer to market pricing, recognizing they can’t go all the way to allow for market changes.
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Old 2 August 2022, 08:19 PM   #30
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How are AP being "greedy" please?
Stick to what they** know and that's creating beautiful watches. Leave the retail side of things to people who specialise in retail.

Mr stern has a similar opinion too! Just saying
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