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26 May 2018, 12:56 AM | #1 |
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Some examples of horrifying thoughts for a potential 1st time Patek owner
When I imagine myself becoming a Patek owner, I foresee myself possessing the following horrifying thoughts.
- "The weight to cost ratio is the lowest of any watch I have ever purchased." - "Wow, this watch is much lower in magnitude in both size and and heft than Rolex." - "I now have a piece that is much more difficult to sell in the secondary market than a Rolex sports model." - "Nobody aside from fellow WISes has ever heard of this brand, let alone can quickly recognize it." - "For the same $, I can purchase 2x ceramic SS Daytona." - "I can purchase another watch with the money it would cost me to service this piece." - "This piece has much lower utility than my Submariner, GMT, or Daytona. I wouldn't feel comfortable showering or swimming with this Patek." Current Patek owners, how did you rationalize these concerns when you took the plunge? |
26 May 2018, 01:00 AM | #2 | |
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Quote:
At the end of the day you buy a Patek for you. A lot of times people buy other brands as much as for other people as they do for themselves. Even a nautilus isnt going to turn any heads on the street. Im reminded of that every time i go back home. Its the Rolex everyone notices, so generally its the watch i don't wear if im trying to avoid an awkward conversation since im basically from the middle of nowhere.
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26 May 2018, 01:07 AM | #3 | |
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Right, and the utility is also far lower than let's say a Submariner or GMT. I wouldn't feel comfortable taking a Nautilus into a swimming pool or shower. Brand aside, looks and design-wise, is a Nautilus really more attractive than a Daytona or Submariner? I'm still trying to wrap my head around the appeal of Patek.
Let's say someone purchases a perpetual calendar chrono for $100k, which is arguably Patek's most classic best-looking model. Now, they have $100k invested in a watch that is not easy to liquidate. Sure, some folks are so wealthy they can afford to purchase and keep a watch forever, but the point is, Pateks lack the general broad-market demand that Rolex has always possessed. Quote:
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26 May 2018, 01:10 AM | #4 | |
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I prefer non professional bezels personally. Put a ceramic bezel on a nautilus and i would never buy one. Ill always have a Rolex professional model though as they serve a specific function within my collection but based on looks ill always prefer the non ceramic bezel.
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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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26 May 2018, 01:13 AM | #5 |
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I guess I'm not really grasping Patek's role in the spectrum. Based on tangible criteria, I'm not seeing the advantage of owning a Patek other than the self-awareness of knowing I've spent a large sum of money on a watch.
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26 May 2018, 01:22 AM | #6 |
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try explaining why you need a Rolex to someone who wears a g shock based on tangible criteria. You are trying to justify Patek, but there is plenty of justification already required to own a Rolex
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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) |
26 May 2018, 01:27 AM | #7 |
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It has no point of comparison, you can not compare a Rolex with a Patek ... it's like comparing a Tag Heuer F1 with a Rolex Daytona .... two markets and different types of buyers. If you are thinking of buying a Patek to use it for two months, a year and then sell it that watch is not for you ..... I also do not wear my watch to let my friends know what it is, I put it for myself , because I like the design and it can be a Patek, a vacheron, a Rolex or a Sinn ..... Patek is a traditional house made of watches and in my taste the Nautilus is one of the most beautiful watches I saw.
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26 May 2018, 01:43 AM | #8 | |
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Quote:
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26 May 2018, 01:43 AM | #9 |
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Making a luxury purchase is rarely rational, but mostly emotional, whether it is a watch, car or an experience.
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26 May 2018, 01:49 AM | #10 |
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If you take the 5711 or 5167 then many of your concerns don't apply as they are easily sellable, and have fine water resistance. As for their thinness well that is one of the prized features of Haute watches as is the fact that they are only known to WIS. All of these are plus points really. If the last two are still a concern, plus the size issue, then you might be better looking at an AP RO or ROO which are more like an upmarket Rolex.
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26 May 2018, 01:51 AM | #11 | |
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Quote:
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26 May 2018, 01:53 AM | #12 | |
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Quote:
Even if they are getting more name dropped in hip hop lyrics and so more rich kid instas buy them, the average fan has no chance of buying one and so it will just be an internet search thing for them, they won't ever go and actually see one, not when they have all these Balenciagas that look like socks and Supreme this and thats to buy that they actually can afford. |
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26 May 2018, 02:07 AM | #13 |
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A Rolex is wonderful, but I enjoy brand diversity. My Aquanaut pretty much does everything a Rolex can anyways.
It's really up to you - by the math, you can have 2-3 Rolex or one PP. There's no wrong way to build a collection. |
26 May 2018, 02:15 AM | #14 |
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And if utility is a concern in your eyes, you may find a travel time or a chrono interesting. But I too, enjoy wearing my Nautilus without attention and find my Rolex struggles to get wrist time.
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26 May 2018, 03:03 AM | #15 | |
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Quote:
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26 May 2018, 04:02 AM | #16 |
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If you like Rolex more than Patek you should spend your $$$ on Rolex. I’ve found that Patek is more to my liking. Still own a few Rolex but Patek gets 95% wrist time.
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26 May 2018, 04:50 AM | #17 |
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26 May 2018, 05:14 AM | #18 |
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I honestly feel that the moment you buy something for the recognition or to impress someone else... you've lost ALL YOUR MONEY! Buy things for you because YOU enjoy them... who cares if people know how many $$$ are on your wrist... I wear long sleeve button ups and most of the time my watch is under my cuff, until I want to see its beauty of course or i'm reaching for something and my sleeve runs up a bit... :) But what do I know!
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26 May 2018, 07:03 AM | #19 |
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I think if you have these thoughts...you're probably not ready for Patek. It takes a different kind of appreciation than Rolex. Just being truthful not trying to be mean...you should always enjoy looking at the watch on your wrist without these sort of thoughts.
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26 May 2018, 07:09 AM | #20 |
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Totally agree, though i might not term it as ‘ready’ vs ‘maybe patek just isnt for you right now’
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26 May 2018, 07:49 AM | #21 | |
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Quote:
Two, was never an issue for me and I wear down to 36mm with my 5116 and up to a PAM 372 47mm. Third one not even true depending on the models. Brand recognition I care more about WIS than people on the street. Besides if you can afford Patek you can likely get whatever you want and have more than one watch. Ceramic Daytona? Why not 2000 Timex? Service costs didn’t bother me. The under the radar gives then utility you might not have with Rolex. |
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26 May 2018, 08:04 AM | #22 | |
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Some examples of horrifying thoughts for a potential 1st time Patek owner
Quote:
I actually think you are fully able to grasp Patek’s role in the spectrum. It’s in your profile. For you, money buys you Rolex, not happiness. For many money buys them Patek. It just happens to cost more. There are many reasons why... the finishing... the quality... the scarcity (50,000 watches produced per year compared to millions), the name brand. That is all tangible criteria. But truly none of that matters. If Patek doesn’t speak to you then don’t buy one. Ultimately you’re judging Rolex vs. Patek from a monetary perspective and that’s just not going to work. Otherwise as another poster said, why buy Rolex? Why buy Tag? Why buy Seiko? Just grab a $30 Casio digital watch or better yet just use your cell phone (flip phone because a smartphone is more expensive and not worth it). Sent from my iPhone using Tapatalk
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26 May 2018, 09:20 AM | #23 |
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Then don’t buy one. Pick something more logical. There’s nothing to “grasp”. Either it sings to you or it don’t.
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26 May 2018, 09:56 AM | #24 |
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Buy a Rolex to impress others.
Buy a Patek to impress yourself. |
26 May 2018, 11:07 AM | #25 |
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I don't have any horrifying thoughts before I bought my first Patek (a 5296G calatrava).
On the contrary, I felt excited before the purchase, and downright happy after the purchase Why would people feel horrified buying Patek watches? |
26 May 2018, 11:34 AM | #26 |
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No rational justification for buying any luxury item other than liking and wanting it. That's the end of my thought process.
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26 May 2018, 11:37 AM | #27 |
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As an owner, I disagree with most of those thoughts, but it’s ok.
Keep buying Rolex.
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26 May 2018, 11:41 AM | #28 |
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26 May 2018, 11:51 AM | #29 | |
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Quote:
PP and AP are much more out there in recent years then I’ve ever seen before be it from the like of Ed Sheeran to them being in rap/grime lyrics but we are still no where near the Rolex league of placement. Like you say it’s still brand recognition I have friends make comments after I’ve mentioned Patek, AP and even Goyard and gone ‘I’ve heard that in this or that song’ etc but they weren’t aware of what they were, well I know for a fact all my friends know the brand Rolex. OP Watches are a passion and sometimes logic doesn’t prevail, and if you tried to rationalise this you wouldn’t even be wearing a Rolex! My dip into Patek was brief but can comment on AP, I paid a £20k premium to have an SS Royal Oak like the basic models but for my money the dial was missing and I could see the movement but I’ll tell you now that was £20k well spent as I love the thing |
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26 May 2018, 02:44 PM | #30 |
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If you think Patek is tough to comprehend wait till you ponder the AP watches--now that's a real mind bender.
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