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Old 14 December 2018, 07:56 AM   #31
Humble michael
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Don’t really understand why it’s the Ad’s business whether I flip a watch I buy, lock in my safe , or eat it or bury it in my back yard . Give me a break !
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Old 14 December 2018, 08:09 AM   #32
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Here’s to hoping two tone comes back in force and I am rewarded for my choice of 3700 AJ over the 5711r
u flipped ur 5711R...again??!
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Old 14 December 2018, 08:21 AM   #33
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Ha! Tell me another fairy tale from the AD :-)


Seriously. These dealers are out of their freakin minds and it's only a matter of time before this crap settles down and they lose all this "power" they seem to want to throw down. Absolute garbage and I would never play this game.

I have bought a 5164a and 5711-1a as a first time PP buyer at two separate AD's, those are the ones who will continue to get my business. Not these others who pull bundles and "lists" on me. But the sheep will follow.....


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Old 14 December 2018, 08:29 AM   #34
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Ha! Tell me another fairy tale from the AD :-)
No fairytale, centrally controlled list is the way to help stop flippers.
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Old 14 December 2018, 08:37 AM   #35
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Man, I’m glad I have an honest, no BS AD. I’d never consider buying a Patek from another AD, never.
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Old 14 December 2018, 09:10 AM   #36
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Here’s to hoping two tone comes back in force and I am rewarded for my choice of 3700 AJ over the 5711r




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You know how I feel! ;)


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Old 14 December 2018, 09:32 AM   #37
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Some ADs "register" a Patek watch purchased for the customer. So Patek can track flippers if the watch is re-registered soon after it is purchased from an AD.

Whether it is right for an AD to "register" the watch is a different discussion topic. Most flippers will abhor this, but true collectors may applaud this.
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Old 14 December 2018, 09:32 AM   #38
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Seriously. These dealers are out of their freakin minds and it's only a matter of time before this crap settles down and they lose all this "power" they seem to want to throw down. Absolute garbage and I would never play this game.

I have bought a 5164a and 5711-1a as a first time PP buyer at two separate AD's, those are the ones who will continue to get my business. Not these others who pull bundles and "lists" on me. But the sheep will follow.....


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Old 14 December 2018, 09:56 AM   #39
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Bahhhh. Bahhhhbb.






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Old 14 December 2018, 10:12 AM   #40
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Seems like this is a great opportunity to spend lots of money and buy lots of watches one may or may not be interested in. Sign me up!



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Old 14 December 2018, 10:17 AM   #41
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This truly is a thread which is perfect for memes. Let's meme it up.




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Old 14 December 2018, 11:58 AM   #42
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I heard that there are AD ‘s perusing EBay and Chrono to catch any flippers so they can scratch them off their buyers list and report them to Geneva- watch out !
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Old 14 December 2018, 11:59 AM   #43
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I heard that there are AD ‘s perusing EBay and Chrono to catch any flippers so they can scratch them off their buyers list and report them to Geneva- watch out !






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Old 14 December 2018, 12:09 PM   #44
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I would do it, if they have a return policy ...
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Old 14 December 2018, 12:26 PM   #45
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u flipped ur 5711R...again??!
I was offered more cash than I paid and the 3700 became available. It was a hard choice but there are only 600 3700s :o

You can blame Thomaspp
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Old 14 December 2018, 01:03 PM   #46
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The difference on the loss of sale for the Annual Calendar is your premium that you paid for your Nautilus.
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Old 14 December 2018, 01:08 PM   #47
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I don't think anyone should buy another watch that one doesn't want in order to get an in-demand Nautilus. Better off just paying a premium to buy from grey dealers if that's the case. I also believe this is actually against the policy of the brands.
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Old 14 December 2018, 01:43 PM   #48
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Old 14 December 2018, 01:57 PM   #49
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Old 14 December 2018, 02:13 PM   #50
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Wow I am amazed at the amount of reactions here, it seems like this is happening all around the world as well? Although the whole consensus is quite fairly rated at 50-50 with both sides agreeing and disagreeing with the current situation.
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Old 14 December 2018, 02:21 PM   #51
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1. Demand for steel sports nautilus is so much higher than anything else in the catalog and many of the other things in the catalog are becoming very hard/impossible to sell

2. ADs are businesses and want to maximize how much money they can make, and i'd venture to say that with the uneven demand for certain watches, they are probably not exactly making a killing nowadays

3. Why would it not be legal? lol

I think if they tell you up front what the package deal is and you can do your own math and decide if its worth it to you or not, that is a win win for all parties involved
1. This is true because the Nautilus has a very iconic design and combined with their entry level price point they are basically designed to be the best sellers in the catalogue.

2. I believe this has been the norm since old times? Trends change all the time and ADs would have to keep shifting their stock in order to regulate Supply/Demand curve.

3. I apologize for not being thorough, when I used the word 'legal' what I meant was does the Manufacturer (in this case, Patek Philippe SA) approve of this method?

Either way if the AD does decide in this direction it would be a whole new level of marketing. What would happen once the demand has died? Or would they keep rising instead?

I guess we live in crazy times indeed...
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Old 14 December 2018, 02:23 PM   #52
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Capitalism.

The Nautilus sell at so much of a premium over retail that it makes sense to do so.

I think the Retailers and you will want it to be win-win. They sell you a combo package that is still better than grey.
Honestly I still do not understand how they are selling for nearly double their retail price? Can't the AD just adjust the price to reflect more closely on market price?
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Old 14 December 2018, 02:27 PM   #53
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Same book I was quoting from - an excellant read. I have no doubt the 3700 is rarer than the 5711, but you can’t describe nearly 5000 as a tiny production number.
Not sure 2499 belongs in the same conversation and certainly doesn’t tell us anything about the price of 3700/5711 ongoing.
May I know which book are you & sir "ThomasPP" are reading from? Seems like an interesting weekend read.
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Old 14 December 2018, 02:54 PM   #54
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"You must bundle to purchase a Nautilus"

Quote:
Originally Posted by dsk28 View Post
1. This is true because the Nautilus has a very iconic design and combined with their entry level price point they are basically designed to be the best sellers in the catalogue.



2. I believe this has been the norm since old times? Trends change all the time and ADs would have to keep shifting their stock in order to regulate Supply/Demand curve.



3. I apologize for not being thorough, when I used the word 'legal' what I meant was does the Manufacturer (in this case, Patek Philippe SA) approve of this method?



Either way if the AD does decide in this direction it would be a whole new level of marketing. What would happen once the demand has died? Or would they keep rising instead?



I guess we live in crazy times indeed...


How long have you been collecting watches? I only ask this because of your response to 1 above. Yes the nautilus is iconic but when I started 10 years ago in this hobby people were very much into complicated pateks with people seeking out enamel, PCs and PCCs and so on which are things that go back decades before the 1976 nautilus. 5711s were popular but still attainable and would trade at a small discount off of retail in the preowned market.

All in all a far cry from today. Now the “grail” is the entry level steel sports watch! Quite ironic by all measures!


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Old 14 December 2018, 02:57 PM   #55
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May I know which book are you & sir "ThomasPP" are reading from? Seems like an interesting weekend read.


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Old 14 December 2018, 04:27 PM   #56
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May I know which book are you & sir "ThomasPP" are reading from? Seems like an interesting weekend read.




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Old 14 December 2018, 04:33 PM   #57
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I heard that there are AD ‘s perusing EBay and Chrono to catch any flippers so they can scratch them off their buyers list and report them to Geneva- watch out !
You might be surprised.
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Old 14 December 2018, 04:41 PM   #58
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1. This is true because the Nautilus has a very iconic design and combined with their entry level price point they are basically designed to be the best sellers in the catalogue.

2. I believe this has been the norm since old times? Trends change all the time and ADs would have to keep shifting their stock in order to regulate Supply/Demand curve.

3. I apologize for not being thorough, when I used the word 'legal' what I meant was does the Manufacturer (in this case, Patek Philippe SA) approve of this method?

Either way if the AD does decide in this direction it would be a whole new level of marketing. What would happen once the demand has died? Or would they keep rising instead?

I guess we live in crazy times indeed...
Nothing against the AD doing that. Patek would prefer that they sold all their inventory that they get for the year. At the end of the day the AD profits 50% on a sale of a Patek (they get the watch at cost - 50%), so it would only be logical for them to bundle a show-case piece (twenty-24 is popular) with a popular piece.
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Old 14 December 2018, 05:27 PM   #59
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Old 14 December 2018, 07:33 PM   #60
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Check out some of PP other pieces and you may skip a 5711. The 5396 is a great all purpose watch. The Nautilus is cool but the complicated watches are cooler.
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