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20 July 2019, 09:38 PM | #31 |
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I don't think there is actually such a thing as a list. At least, I won't have high hopes on the very hot models. My PP AD in Singapore said she has put me on the "interest list" for 5726/1a and 5231J but I am not expecting any phone calls.
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20 July 2019, 09:41 PM | #32 |
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20 July 2019, 10:34 PM | #33 |
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I'd like to have an honest conversation with ad where they level with you on chances of getting desirable pieces ie is buying a chrono and calatrava going to cut it or how much are we talking about to get a nautilus, aqua.. Otherwise waste of time trying. So many are going out the back door these days.
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20 July 2019, 10:43 PM | #34 | |
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20 July 2019, 10:47 PM | #35 |
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Ha they are too but I already have them.. but I've moved around a lot. So what do you have to do to get on the list for example 5740g? I guess buy a perpetual and hope they take your business card :) I'm not local here so bottom of list.
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20 July 2019, 10:54 PM | #36 |
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Thanks!
The question gets the answer it deserves
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20 July 2019, 11:03 PM | #37 |
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Exactly my situation. The HK VIPs get them all or out the backdoor. Sorry to be so cynical but that's the way it is :)
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20 July 2019, 11:12 PM | #38 |
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I tell you that this is not always the case. Many ADs do not sell to greys and many look to sell pieces to people who show true passion for the brand / watch.
Last summer I walked into an AD in the UK and picked up a 5711 White dial. Yes thats right I walked into the store and they decided after some discussion to tell me they had one. The same AD called me out of the blue recently and offered me the 5712 (I had expressed interest in the watch a few months earlier but didn't expect the call). So many ADs play by the book, look to please passionate customers and are genuinely concerned about how frustrated customers are getting with ridiculous wait times. I would hate to work in one of those showrooms right now. I sympathise with AD staff in many ways. |
20 July 2019, 11:19 PM | #39 | |
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20 July 2019, 11:21 PM | #40 |
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There might be some upgrades to a new but very similar type watch as the Nautilus line has been around for decades. I doubt they will ever discontinue the line but there may be new refence numbers on the new models.
I heard they are actually delivering more SS models but demand is so high, they are all still unobtainable at retail without a long history. |
20 July 2019, 11:27 PM | #41 | |
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20 July 2019, 11:33 PM | #42 | |
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Perhaps in US re Patek dealers, not the case in Asia. Why do I see so many Patek "new" for sale in HK and mainland China with Grey's if that's the case and why aren't they doing anything about it. I can walk down Grey's and see nautilus aqua with June and July 2019 papers. These aren't real customers they are going to. I saw a blue 5726 with May papers from local AD for 1m HKD. Who sells that same week they get it? |
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20 July 2019, 11:41 PM | #43 |
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A really important one for some industries I’ll add.
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20 July 2019, 11:50 PM | #44 |
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21 July 2019, 01:15 AM | #45 | |
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21 July 2019, 01:33 AM | #46 |
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As much as I loathe some AD tactics I wouldn’t want to have to sort through buyers vs professional flippers. Tough to tell who is an excellent customer and who is a profiteer these days and at the end of the day you are there for one reason only. To sell watches.
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21 July 2019, 01:34 AM | #47 | |
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To be honest Im about done with Patek ADs. I'll get one or two pieces used then moving on to a nice Breguet and some other vintage stuff. |
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21 July 2019, 01:44 AM | #48 |
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This isn't correct. My AD is constantly concerned with customers flipping watches, because he doesn't want Patek to yank his franchise if they suspect he's doing exactly what you think is happening. That's why people with no or little history with an AD have zero chance of getting these watches, it's too much of a risk. The other major reason this isn't happening is they want to keep inventory around for whales, they make up the lost margins on dress pieces and jewelry.
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21 July 2019, 01:48 AM | #49 |
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This can be easily tracked with owner registration or re registration via Patek site among other methods.
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21 July 2019, 03:22 AM | #50 | |
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Go to the nearest Patek AD. Speak with them and make them understand you aren’t a flipper, you are a watch lover. On today’s crazy market about Nautilus for any AD this is the more important thing they want to know: that you aren’t a flipper and try to reach one only to earn money. Believe me if they are convinced of this you will reach one soon. |
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21 July 2019, 03:28 AM | #51 |
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For those of you living in Hong Kong, now may be a good time to "strengthen" your relationship with your AD / or to start a relationship.
A recent chat with my AD - with the recent protests in HK, business is suffering, fewer tourists from China, locals aren't buying much either .... I have not seen so many watches on display at my AD. Visits to other ADs in HK show the same picture, with lots of unsold inventory in the cabinets. (Compared to say the period around May, when my AD only had one or two watches on display in the whole shop as everything was sold out!) My AD was so quiet and empty during my 1.5 hour visit a few days ago - apart from tourists coming in and asking for the 5711/5712. I just put my name down for a perpetual for my birthday. She asks me to re-re-re-consider the 5711 blue but I decline again - the blue really isn't the shade of blue that I like (I much prefer 5740's blue). I told her I might get the 5164 now that I have the blue 5650 strap ... but I am in no hurry. I chat with a friend that I introduced to my AD and he told me the same persuasion by my salesperson to get the 5711, which she almost guaranteed he could get in a few months. My friend's first purchase was a perpetual and then followed up by the 5270 salmon. But again my friend has no interest in the 5711which he finds too boring - "wasted real estate" in his words - he likes busy dials, the busier the better. My takeaway is that ADs are scared of selling 5711 and hot pieces to unfamiliar clients for the fear of flipping and damaging the AD's reputation with Patek. That's even with the business card vetting by Libertas here in HK (the local equivalent of Rhone / HSWA). [EDIT: Please do not contact me asking me to help you get the 5711 or other watches. Thanks!] Last edited by qrc36; 21 July 2019 at 03:37 AM.. Reason: Adding the friendly reminder on the last line. |
21 July 2019, 04:04 AM | #52 | |
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21 July 2019, 05:29 AM | #53 |
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21 July 2019, 08:13 AM | #54 |
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There are certainly some veterans here on this subject but my limited experience is that there is a waitlist. But, like anything in life, there are those that can jump the line. I am no VIP and my first Patek is the 5168g. It was hard getting it and it took a lot of polite convincing of an AD that finally wanted my business. I had gone to three others that flat out ignored me. I’ll be sticking with this AD for the long run. I remain on their waitlist for a blue 5711 and the new blue 5726. Let’s see if I actually get a call one day. I remain hopeful.
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21 July 2019, 08:15 AM | #55 |
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So with all the talk about how ADs would never sell to greys at risk of losing their Patek (or Rolex) relationship... And if ADs only sell these sport models to their VIP customers whom they trust...
Why do some greys have 5 or 6 of the same "rare" Nautilus, brand new, stamped within the past couple months? Riddle me this. :) |
21 July 2019, 08:25 AM | #56 |
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They really need to discontinue the 5711 in steel. It no longer makes any sense for Patek to have this watch as an “entry level” given the demand for it and the bizarre pricing it commands. They should force people to buy complications if they want a steel Nautilus; and if they don’t want a complication then force them into a PM 5711.
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21 July 2019, 08:47 AM | #57 | |
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Why do you assume VIPs don’t flip? Even “honest” and “trustworthy” VIPs are going to be tempted by the insane prices today and the possibility of flipping for double what they paid..... in the words of Mulder, trust noone Sent from my iPhone using Tapatalk Pro |
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21 July 2019, 10:58 AM | #58 |
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21 July 2019, 12:53 PM | #59 | |
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21 July 2019, 01:52 PM | #60 |
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There is no list. If you spend a bunch of money on low demand models then magically you're at the top of the "list". Greys are definitely getting it from ADs somehow indirectly, which is making everything worse.
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