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21 March 2017, 06:57 AM | #1 |
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What's In A Name
Curious what others think, though it's ultimately an individual decision. I'm considering one more major Patek purchase for the year (5270). I have the option to buy new with my name on the papers or one version sealed with someone else's name or a third mint (obviously, again, with someone else's name).
Essentially, the privilege of being the named owner will run me about $20k. Part of me thinks that's an absurd vanity, but part of me believes this will be an heirloom piece I'll someday hand down to my son or grandson (unborn as of yet), and I'd like to avoid the awkwardness of explaining why the family name isn't on the papers and also can't imagine missing the money that far down the road. What do people here feel? |
21 March 2017, 07:08 AM | #2 |
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Everything else being equal, I'd save the $20k and have someone else's name on the papers. Put the money aside for your son.
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21 March 2017, 07:11 AM | #3 |
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Kids are expensive! Save the cash!
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21 March 2017, 07:13 AM | #4 |
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I wouldn't worry not having your name on papers especially saving 20k. Best to enjoy your watch for years to come and im sure in that time you wont even look at the papers... Great watch the 5720 :-)))
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21 March 2017, 07:19 AM | #5 |
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I would save the 20K and go pre-owned; as long as it is mint and complete with box/papers.
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21 March 2017, 07:25 AM | #6 |
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Pocket the 20K and change your name the original owner. Problem solved.
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21 March 2017, 07:30 AM | #7 |
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21 March 2017, 07:35 AM | #8 |
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21 March 2017, 07:37 AM | #9 |
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spend the 20k....don't be cheap
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21 March 2017, 07:48 AM | #10 |
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If you just lose the papers any of your 3 choices will be equal some 20-30 years from now. And without papers would your heir lose any sentimental value?
I agree with your sentiment that "missing the money that far down the road" may gall you later on. Sent from my iPhone using Tapatalk
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Does anyone really know what time it is? |
21 March 2017, 07:49 AM | #11 |
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21 March 2017, 07:51 AM | #12 |
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NYC private school's are pricey!
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21 March 2017, 07:55 AM | #13 |
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21 March 2017, 08:00 AM | #14 |
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Save the cash grandpa
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21 March 2017, 08:10 AM | #15 |
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21 March 2017, 08:46 AM | #16 |
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I would buy and my name on all the paperwork
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21 March 2017, 10:15 AM | #17 |
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Head says save the cash, heart says name on a legacy piece; these days I go with my heart.
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21 March 2017, 10:21 AM | #18 |
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Save it. 20K is a lot of chickens.
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21 March 2017, 10:26 AM | #19 |
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For me, it's not worth it. That said, if it's not a stretch for you and you don't think the $20k could be better spent elsewhere (for the benefit of your son/grandson) then why not?
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21 March 2017, 10:32 AM | #20 |
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Just to clarify. I have no kids, much less grandkids. I've also never kept a watch for more than 2-3 years. All of this is very aspirational.
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21 March 2017, 10:51 AM | #21 |
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Out of curiosity, is it the 5270r?
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21 March 2017, 10:59 AM | #22 |
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21 March 2017, 12:09 PM | #23 |
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Preowned and pocket the 20k. Let's get real you likely won't keep this thing 10 years let alone until your demise.
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21 March 2017, 12:22 PM | #24 |
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21 March 2017, 12:49 PM | #25 |
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21 March 2017, 01:06 PM | #26 | |
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Quote:
If it's a watch that you know you'll keep then you need your name on the papers and not someone elses. Whatever money you would have saved today is long forgotten 20 years from now. How many times have we read posts where folks are more than willing to spend extra for boxes and papers. Meaningless to those governed by logic and reason, but as AK797 points out - this is a matter for the heart, not for the head. Buy new with your name on the papers, unless you can afford the lifetime of regret seeing a stranger's name on your grandson's watch. |
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21 March 2017, 01:10 PM | #27 |
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21 March 2017, 01:13 PM | #28 |
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21 March 2017, 01:47 PM | #29 | |
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Quote:
The 5270R is a nice watch though. |
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21 March 2017, 01:55 PM | #30 |
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If you think you want your name on the papers personally I'd spend the 20k. As for heart versus head, nobody needs a 5270 it's an expensive piece of art.
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