ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
11 October 2018, 01:38 AM | #1 |
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Pp 5968a
If you were lucky enough would u flip this so quickly
https://www.watchfinder.co.uk/Patek%...31/item/122399 Discuss |
11 October 2018, 01:40 AM | #2 |
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Lets not and say we did.
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11 October 2018, 01:57 AM | #3 |
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I wouldn’t buy to flip - too damaging to your relationship with your AD.
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11 October 2018, 02:00 AM | #4 |
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Someone had one for sale in FS section here with a very hefty premium, so clearly people are doing it.
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11 October 2018, 02:16 AM | #5 |
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I'm due one from my ad, and I wouldn't personally do it, as u wont get another high end pp for a good few years
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11 October 2018, 03:02 AM | #6 | |
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Quote:
The 5968 is still more or less in that area
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Instagram: tyler.watches current collection: Patek 5164A, Patek 5524G, Rolex Platinum Daytona 116506, Rolex Sea Dweller 43 126600, Rolex GMT II 116710LN, AP 15400ST (silver), Panerai 913, Omega Speedmaster moonwatch, Tudor Black Bay (Harrods Edition) |
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11 October 2018, 03:10 AM | #7 |
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maybe i shouldn't have said high end , but im sure u get my drift
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11 October 2018, 03:14 AM | #8 |
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yeah... i was commenting on the irony of what Pateks they will cut you off from
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Instagram: tyler.watches current collection: Patek 5164A, Patek 5524G, Rolex Platinum Daytona 116506, Rolex Sea Dweller 43 126600, Rolex GMT II 116710LN, AP 15400ST (silver), Panerai 913, Omega Speedmaster moonwatch, Tudor Black Bay (Harrods Edition) |
11 October 2018, 03:52 AM | #9 |
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How would they find out?
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11 October 2018, 05:55 AM | #10 |
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What a monster price, orange is the new crack.
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11 October 2018, 07:19 AM | #11 |
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These are so cool, really like them!
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12 October 2018, 02:48 AM | #12 |
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12 October 2018, 02:57 AM | #13 | |
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Quote:
This would assume PP actually cares enough, I suspect they do not. But the consensus these days is to say and believe they do. I'm not really buying it however. Sent from my iPhone using Tapatalk Pro |
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12 October 2018, 03:32 AM | #14 |
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Patek do care. They are quite obsessive about this especially where the watch is new and in very high demand
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12 October 2018, 03:37 AM | #15 |
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12 October 2018, 07:42 AM | #16 |
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I sold PP for a few years and have had several clients be bounced by PP when inquiring about purchasing pieces. They care A LOT. Even if you flipped an aquanaut 3 years ago, they’d say no to anything today.
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12 October 2018, 07:48 AM | #17 |
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I am aware of some one who flipped a 5575G and a 5131R relatively soon after obtaining the watches and he still gets special pieces from Patek.
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12 October 2018, 08:08 AM | #18 | |
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But thanks for letting me know it’s not like it was literally my job. |
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12 October 2018, 08:29 AM | #19 |
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I’ll chime in and agree they definitely care. I for one appreciate it. Gives me a chance at some cool pieces!
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12 October 2018, 08:56 AM | #20 | |
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Pp 5968a
Quote:
Gray dealers keep ending up with desirable models. So what you are saying is they are getting them from first time buyers who want to make a little money and be done with PP since they could never buy again. Or they buy from repeat buyers who have access to these models who seem to still be able to get them over and over (does not fit your theory). Or they get them direct from AD's somehow over and over? And this just continues with PP knowing about it and supposedly caring so much? Sorry, not buying it. Sent from my iPhone using Tapatalk Pro |
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12 October 2018, 11:40 AM | #21 | |
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12 October 2018, 12:35 PM | #22 | |
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Ok, so how do they get it? If poster I quoted is correct and a grey acquires one and sells it, wouldn't they then be black balled? Or if they bought from a reputable buyer, wouldn't that buyer then be black balled? So they either have a bench of people they cycle through who get these pieces (which are supposedly only available to buyers with "relationships"), they have a crap ton of one off buyers who don't give a crap and manage to get the hard to get pieces with no care for buying more (since they would supposedly be black balled after), or the greys themselves have a line to PP. No matter what you pick there, PP really giving a crap doesn't add up. Sent from my iPhone using Tapatalk Pro |
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12 October 2018, 12:44 PM | #23 | |
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-Grey dealer has shopped there and picked up dead Patek pieces. No AD will give up the grey dealer...It's a cornerstone of their business. Mr Smith isn't going to pick up all the left over stock that sits in the store for an extended amount of time. Mr Smith only wants a 5968, 5711 and 5712 (all steel)... Mr Smith can get in line like everyone else and wait for the next 10 years. Business first, relationship after. |
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12 October 2018, 12:52 PM | #24 | |
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So you are saying bad AD's are to blame for selling to greys so they can get rid of inventory? These AD's have a bank of fictitious buyers (one grey dealer) with the same legit credit card (and receipts) and if PP really cared, they couldn't audit those transactions? Again, if they really wanted to stop it, I think they could. They may care but not enough to make it stop. Sent from my iPhone using Tapatalk Pro |
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12 October 2018, 12:58 PM | #25 | |
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If PP puts a "gun" to their head and tell them to open their books or risk losing their license, I'm sure you can get forensic accountants to trace the money back to the origins. It depends how cunning the ADs are... Do they receive bankwires, cash, CC etc. and how do you prove that Mr X who purchased 3 watches in one day is a grey dealer? The point is, it is more effort and costly to do a witchhunt than to just "mind your own business" of who the AD sells to. |
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12 October 2018, 01:03 PM | #26 | |
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Pp 5968a
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To be clear, I have no beef at all with greys or how it works, I get it. I am just disagreeing with the poster above and the general idea that PP (or others) really care that much about all of this. If I'm PP/AP/Rolex, I'm loving this climate right now and I'll keep up the facade that I care about the sales process but I'm not gonna go out of my way either to screw over those who are moving my product. I just don't think they really care as much as some here wish to believe. Again, I get it. Sent from my iPhone using Tapatalk Pro |
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12 October 2018, 01:07 PM | #27 | |
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12 October 2018, 01:18 PM | #28 | |
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Not sure AP's intention is necessarily to cut out the secondary market to care about their customers. They will also make money on that, along with their no AD model they seem to be moving towards. Brilliant move to be honest, while the market is hot, will be interesting to see how that plays out. Sent from my iPhone using Tapatalk Pro |
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12 October 2018, 01:24 PM | #29 | |
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12 October 2018, 01:35 PM | #30 |
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Doubt they have enough resources to audit AD sales effectively. PP don’t have enough watchmakers to provide reasonable service times for repairs, so which army of theirs is going to be charged with stopping the flipping of their hot watches? And I cannot believe PP will punish a major buyer/collector for flipping a watch. And I’m a PP fan, albeit with a suspicious mind.
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