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watchnerdofficial · 31 July 2022, 08:26 AM

Confirmed in UK, thoughts?

HMHM · 31 July 2022, 08:49 AM

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.

HMHM · 31 July 2022, 08:50 AM

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.

lbj_19 · 31 July 2022, 02:19 PM

Isnt this the 2nd set of increases this year?

TimepieceRPP · 31 July 2022, 02:41 PM

sighs... another increase... just UK or internationally?

Ichiran · 31 July 2022, 02:54 PM

Oh dear, that 5270 just got more expensive.

Emery · 31 July 2022, 03:43 PM

Deleted. Double post.

Emery · 31 July 2022, 03:43 PM

Meanwhile I’m still here waiting for them to start discounting Calatravas and 24s once again 😂

np2016 · 31 July 2022, 11:16 PM

Damn I guess Patek isn't feeling the burn from this recession yet.

Patton250 · 31 July 2022, 11:22 PM

Quote:

Originally Posted by np2016

Damn I guess Patek isn't feeling the burn from this recession yet.

Recession only hurts mostly lower middle class. Don’t 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 don’t 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 don’t get affected by it. Patek will do just fine during the coming worldwide recession.

Mini2 · 1 August 2022, 01:33 AM

If this has come from WOS id probably say this is BS
But I might be wrong
We will see in 31 days

Mini2 · 1 August 2022, 01:33 AM

If this has come from WOS id probably say this is BS
But I might be wrong
We will see in 31 days

beshannon · 1 August 2022, 01:39 AM

Quote:

Originally Posted by watchnerdofficial

Confirmed in UK, thoughts?

By whom? Source? Link?

Calatrava r · 1 August 2022, 02:18 AM

It is probably the inflation factor. I doubt the recessionary trends are much of a factor to lessening demand at the moment.

GW44 · 1 August 2022, 02:45 AM

Quote:

Originally Posted by watchnerdofficial

Confirmed in UK, thoughts?

Direct source please?

watchnerdofficial · 1 August 2022, 04:22 AM

Quote:

Originally Posted by GW44

Direct source please?

Patek AD

Mini2 · 1 August 2022, 04:55 AM

Quote:

Originally Posted by watchnerdofficial

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.

LJubel328 · 1 August 2022, 05:22 AM

Quote:

Originally Posted by Mini2

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

Sent from my iPhone using Tapatalk

Mini2 · 1 August 2022, 06:36 AM

Quote:

Originally Posted by LJubel328

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

Sent from my iPhone using Tapatalk

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.

LJubel328 · 1 August 2022, 08:25 AM

Quote:

Originally Posted by Mini2

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.

We’re in agreement, I don’t think it would be wise either. I was simply stating they do not have to answer to shareholders as Patek are not public.

Sent from my iPhone using Tapatalk

joa · 1 August 2022, 08:27 PM

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...?

mykii · 1 August 2022, 09:00 PM

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.

Mini2 · 1 August 2022, 09:30 PM

Quote:

Originally Posted by mykii

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

GW44 · 1 August 2022, 09:39 PM

Quote:

Originally Posted by Mini2

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?

mykii · 1 August 2022, 10:52 PM

Quote:

Originally Posted by Mini2

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.

Humble michael · 1 August 2022, 11:23 PM

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. :-((

mykii · 1 August 2022, 11:36 PM

Quote:

Originally Posted by Humble michael

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. :-((

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.

Rickkk · 2 August 2022, 05:26 AM

Quote:

Originally Posted by Mini2

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 ‘greedy’ by making most of their desirable models boutique only then?

fsprow · 2 August 2022, 07:48 AM

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.

Mini2 · 2 August 2022, 08:19 PM

Quote:

Originally Posted by GW44

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

31 July 2022, 08:26 AM	#1
watchnerdofficial "TRF" Member Join Date: Sep 2019 Location: London Watch: Rolex Batman Posts: 37	5% official Patek price increase from 1st September Confirmed in UK, thoughts?

1 August 2022, 08:27 PM	#21
joa 2023 Pledge Member Join Date: Jun 2021 Location: Europe Posts: 417	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...? __________________ RLX: 116520, 116710BLNR, 126710BLRO, 116400, 126610LN, 114060 \| AP: 15300ST \| PP: 5711/1A-011

1 August 2022, 09:00 PM	#22
mykii "TRF" Member Join Date: Feb 2020 Location: East Watch: AP + PP + Rolex Posts: 1,642	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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31 July 2022, 08:49 AM	#2
HMHM "TRF" Member Join Date: Oct 2019 Real Name: HM Location: MY Watch: Chronographs Posts: 1,755	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.

31 July 2022, 08:50 AM	#3
HMHM "TRF" Member Join Date: Oct 2019 Real Name: HM Location: MY Watch: Chronographs Posts: 1,755	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.

31 July 2022, 02:19 PM	#4
lbj_19 "TRF" Member Join Date: Aug 2011 Location: Philippines Posts: 87	Isnt this the 2nd set of increases this year?

31 July 2022, 02:41 PM	#5
TimepieceRPP "TRF" Member Join Date: Jun 2021 Location: UK Posts: 1,032	sighs... another increase... just UK or internationally?

31 July 2022, 02:54 PM	#6
Ichiran 2023 Pledge Member Join Date: Jan 2018 Real Name: Michael Location: Ramen queue Watch: Mostly blue dials Posts: 6,498	Oh dear, that 5270 just got more expensive.

31 July 2022, 03:43 PM	#7
Emery "TRF" Member Join Date: Oct 2020 Location: Aus Posts: 316	Deleted. Double post.

31 July 2022, 11:16 PM	#9
np2016 "TRF" Member Join Date: Apr 2016 Location: Ohio Watch: Rolex, Patek, AP, Posts: 513	Damn I guess Patek isn't feeling the burn from this recession yet.

1 August 2022, 01:33 AM	#11
Mini2 "TRF" Member Join Date: May 2009 Location: Uk Posts: 1,338	If this has come from WOS id probably say this is BS But I might be wrong We will see in 31 days

1 August 2022, 02:18 AM	#14
Calatrava r 2023 Rolex DAYTONA Pledge Member Join Date: Mar 2017 Real Name: Bob Location: United States Watch: Rolex and Patek Posts: 7,086	It is probably the inflation factor. I doubt the recessionary trends are much of a factor to lessening demand at the moment.

1 August 2022, 11:23 PM	#26
Humble michael "TRF" Member Join Date: Oct 2014 Real Name: James Cline Location: san antonio Watch: 5711 white , 5990, Posts: 1,213	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. :-((

2 August 2022, 07:48 AM	#29
fsprow "TRF" Member Join Date: Dec 2018 Real Name: Frank Location: Dallas,NY,Colo. Watch: 5164,5168,5320 Posts: 2,118	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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