New patek philippe ref.6007A-001

[liljctl]

Originally Posted by Ichiran

Not really a lot IMO. There are approximately 400 AD and each AD will only receive 2 to 3 max. I reckon those owners of 5740 will be able to get it. It will be a bloodbath, figuratively of course.

It was close to bring literally.

As I walked out of my AD wearing mine, a client spotted it and was not happy.

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[sxdcfv]

and here it is already on the gray market...

https://www.chrono24.com/patekphilip...id15714579.htm

[EmilA]

Originally Posted by jamestucker

I can't compete with them either. Is your AD Rudells?

Good guess! Indeed it is :)

[jamestucker]

Originally Posted by jamestucker

https://www.chrono24.co.uk/patekphil...id15714579.htm

The photos are not press photos released by Patek.

Originally Posted by sxdcfv

and here it is already on the gray market...

https://www.chrono24.com/patekphilip...id15714579.htm

It is the same seller and he has the watch in stock. He is asking for 62000 Euros

[dauster]

Originally Posted by jamestucker

It is the same seller and he has the watch in stock. He is asking for 62000 Euros

if they would actually care like so many always claim they could easily track down the grey sellers of this piece - it's a thousand pieces. should be so easy.

[jamestucker]

Originally Posted by dauster

if they would actually care like so many always claim they could easily track down the grey sellers of this piece - it's a thousand pieces. should be so easy.

I don't think they cares and many of us knows that

[Russell996]

Originally Posted by dauster

if they would actually care like so many always claim they could easily track down the grey sellers of this piece - it's a thousand pieces. should be so easy.

Originally Posted by jamestucker

I don't think they cares and many of us knows that

Patek are already on it and taking action against 6007 flippers.

[dauster]

Originally Posted by Russell996

Patek are already on it and taking action against 6007 flippers.

really? how do you know or are you being sarcastic?

[Russell996]

Originally Posted by dauster

really? how do you know or are you being sarcastic?

No, it is a fact.

[jamestucker]

Originally Posted by Russell996

Patek are already on it and taking action against 6007 flippers.

Originally Posted by Russell996

No, it is a fact.

What type of action are they taking? Can you please elaborate a bit more. Thanks

[Ichiran]

Originally Posted by dauster

if they would actually care like so many always claim they could easily track down the grey sellers of this piece - it's a thousand pieces. should be so easy.

Originally Posted by jamestucker

I don't think they cares and many of us knows that

They do. For the Singapore red Aquanaut, Patek bought back used pieces randomly from the market at a premium, and blacklisted those sellers consequently. I'm sorry this happened, but it happened.

[jamestucker]

Originally Posted by Ichiran

They do. For the Singapore red Aquanaut, Patek bought back used pieces randomly from the market at a premium, and blacklisted those sellers consequently. I'm sorry this happened, but it happened.

How do you know that happened? It is good if that happened because the pieces will go to some one who appreciate those and keep it for a long time

[Ichiran]

Originally Posted by jamestucker

How do you know that happened? It is good if that happened because the pieces will go to some one who appreciate those and keep it for a long time

I did not witness the actual buy-back personally, but I also could not share how I knew that happened - sorry. I agree with you on those who appreciate this piece and will keep it.

[jamestucker]

Originally Posted by EmilA

Good guess! Indeed it is :)

I know Glenn and he is a good lad

[aproo]

So what does Patek do with the used Singapore Aquanaut they bought back? Refurbish and re-allocate or it goes into their vault? I think Patek would have also considered the time of ownership before it was being sold before blacklisting any client.

Originally Posted by Ichiran

I did not witness the actual buy-back personally, but I also could not share how I knew that happened - sorry. I agree with you on those who appreciate this piece and will keep it.

[dauster]

Originally Posted by Ichiran

I did not witness the actual buy-back personally, but I also could not share how I knew that happened - sorry. I agree with you on those who appreciate this piece and will keep it.

we need pics of Mr Stern personally buying the watch back plus receipts or it did not happen :)

[GreenLantern]

It's a known fact that Patek buys flipped hot items on the secondary market. They've been doing this for years.

They do this to find out which ADs and which customers are flipping.

[qrc36]

Originally Posted by GreenLantern

It's a known fact that Patek buys flipped hot items on the secondary market. They've been doing this for years.

They do this to find out which ADs and which customers are flipping.

https://www.nytimes.com/2020/01/12/s...rry-stern.html

Quoting Thierry Stern: “Maybe sometimes the retailers are part of it,” he said, but he does not lay all the blame at their doors. “We buy back a lot of watches every year from the secondary market, because we want to know why a watch is for sale.”

However, he said that if the company learned that a retailer is selling watches to customers involved in such resales, and the retailer did not prevent such activity, the company would end the retailer’s Patek account. “If I have the proof, then I act,” Mr. Stern said.

[GreenLantern]

Originally Posted by qrc36

https://www.nytimes.com/2020/01/12/s...rry-stern.html

Quoting Thierry Stern: “Maybe sometimes the retailers are part of it,” he said, but he does not lay all the blame at their doors. “We buy back a lot of watches every year from the secondary market, because we want to know why a watch is for sale.”

However, he said that if the company learned that a retailer is selling watches to customers involved in such resales, and the retailer did not prevent such activity, the company would end the retailer’s Patek account. “If I have the proof, then I act,” Mr. Stern said.

Indeed!

Thanks for digging that up. It's evidence.

Many of us have known this for years, but I was glad to see when Mr. Stern acknowledged it in public.

I wish it worked as a deterrent, though. :(

Still hasn't had an impact even though I've been griping about this nonsense for over half a decade now.

[jamestucker]

Originally Posted by qrc36

https://www.nytimes.com/2020/01/12/s...rry-stern.html

Quoting Thierry Stern: “Maybe sometimes the retailers are part of it,” he said, but he does not lay all the blame at their doors. “We buy back a lot of watches every year from the secondary market, because we want to know why a watch is for sale.”

However, he said that if the company learned that a retailer is selling watches to customers involved in such resales, and the retailer did not prevent such activity, the company would end the retailer’s Patek account. “If I have the proof, then I act,” Mr. Stern said.

[EmilA]

Originally Posted by jamestucker

I know Glenn and he is a good lad

He is indeed. You must have heard the story or be the customer he is referring :)

[Russell996]

Originally Posted by EmilA

He is indeed. You must have heard the story or be the customer he is referring :)

We all love a good story

[EmilA]

Originally Posted by Russell996

We all love a good story

Just saw your IG. Lovely collection of watches & an amazing choice car wise. Another U.K. member too. Maybe you got this one from Rudells haha

If that owner is on here, congratulations on securing the watch!

[Russell996]

Originally Posted by EmilA

Just saw your IG. Lovely collection of watches & an amazing choice car wise. Another U.K. member too. Maybe you got this one from Rudells haha

If that owner is on here, congratulations on securing the watch!

I'm down South.

[liljctl]

Originally Posted by Russell996

I'm down South.

https://instagram.com/_russell996?igshid=1gtmd3vq84v82

Is this you Russell? :)

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[sxdcfv]

I think secondary market prices will settle around $45K.

Any other thoughts?


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[Pim]

Originally Posted by sxdcfv

I think secondary market prices will settle around $45K.

Any other thoughts?


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It is a complete guess of course but I would say that you are right. Around that price seem legit

[Russell996]

Originally Posted by liljctl

https://instagram.com/_russell996?igshid=1gtmd3vq84v82

Is this you Russell? :)

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Good grief No!

[Hermann]

Originally Posted by sxdcfv

I think secondary market prices will settle around $45K.

Any other thoughts?


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45k
its much better than any other limited piece which is not called nautilus and aquanaut.... i would say min. double list price

The 5522A was sold for 22k.... now around 50k
but against the 6007 the 5522 is


on the other side.. why you are talking about the price... you love the watch or the price ?
i love both for 27k a very very nice and special patek.

[jamestucker]

Originally Posted by Russell996

We all love a good story

Originally Posted by EmilA

He is indeed. You must have heard the story or be the customer he is referring :)

As Russell996 mentioned we all love a good story. What is the story?