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20 August 2020, 12:41 PM | #91 |
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2014-2016 when they were sitting in AD display cases. Here’s how things have changed. 5980 was hard for an AD to move. I got both 41K each. Sealed. MSRP was 51K. In 2016 I saw a 5711R in two different AD’s and there was very little interest in a gold nautilus. People used to say a nautilus should be steel. The white 5711 was made fun of. The dial looked like a garage door they said.
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20 August 2020, 12:47 PM | #92 |
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My AD doesn’t laugh people out of his store either. Even now. What would the point of doing that be?
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20 August 2020, 01:31 PM | #93 |
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Econ 101 Supply and Demand
5711 not enough supply....Demand is through the roof! If someone asks to buy TWO 5711 from the same AD today, let’s see what he says about that?!? I’m sure they will think the person is �� Different times call for different measures... There are a lot more people interested in Patek sports watches and the supply has not caught up with demand. Even Thierry said himself that he will not increase production of Patek sports watches. They will not increase even with demand outpacing supply. This notion that one should be free to flip their purchases because they OWN the watch and it’s theirs to do what they will with it is utterly ridiculous when looking at sports watches from Patek. If an AD sells you a sports Patek, usually it is due to your GOOD relationship with the AD. They will definitely NOT SELL to any Joe coming off the street even with thousands of dollar bills hanging out of their pockets. And most ADs will recognize that you have good intentions on keeping this “favor” and not flip it for profit. I’ve heard of some ADs keeping “certificates” in order to prevent the buyer from flipping watches! |
20 August 2020, 01:48 PM | #94 | |
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A privilege and not a right? That's comes off pretty snobbish.... Personally, I would of offered to sell it back to my AD in return for another piece I might want from them. If a watch doesn't get wrist time it's time to go for me. I'm not going to let an AD or a brand dictate how long I need to keep a piece. I will offer it back to them only in return for another hard to get piece. At the end of the day, its his right to do what he wishes with his property. And yes, watches are a commodity that people buy and sell.
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PP 5205G-013/ PP 5212A / AP 15416CE / AP 26574st QP/ AP 50th 16202st /AP 15500st Black / AP 26331.or/ AP 26405CE / AP 77350CE / AP 15551st / AP 67540sk /Daytona C White/Rolex SS BLRO / Rolex Sub Green / Rolex Explorer II/ Rolex DJ Blue |
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20 August 2020, 02:11 PM | #95 | |
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20 August 2020, 02:15 PM | #96 |
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The AD made a bad mistake selling this guy the 5711.
This is EXACTLY why dealers behave the way they do with client lists and bundling. The reason is that the 5711 is clearly an extremely limited and desirable reference, even back in 2018. Selling it to a dude who is not a previous customer and would more than likely NOT be a future customer (which he didn't buy another watch from the AD, proving that outcome) is a total waste of valuable resources. You never want to sell product like the 5711 into a DEAD END. There very well may have been an opportunity cost to selling the 5711 to this DEAD END in that the watch would not be available to a large customer because it was completely wasted on this guy, then that BIG SPEND customer gets mad because he isn't being prioritized and off he goes with his HEAVY future spending. Sure the guy in the video can sell it all he wants...but I think the wrong here was selling him the watch in the first place....it was = to throwing it away. That's why when you pop in off the street with no purchase history and want the hot stuff, the answer will be NO. |
20 August 2020, 02:16 PM | #97 |
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Yup. Precisely my point as long as the AD gets me another hard to get piece i want at retail. I'm not in this hobby to make money, so that's fine with me. I just want what I want, just not willing to pay premiums for them.
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PP 5205G-013/ PP 5212A / AP 15416CE / AP 26574st QP/ AP 50th 16202st /AP 15500st Black / AP 26331.or/ AP 26405CE / AP 77350CE / AP 15551st / AP 67540sk /Daytona C White/Rolex SS BLRO / Rolex Sub Green / Rolex Explorer II/ Rolex DJ Blue |
20 August 2020, 02:21 PM | #98 | |
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20 August 2020, 03:21 PM | #99 |
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There is something about this guys story I just don’t believe.
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20 August 2020, 03:31 PM | #100 |
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20 August 2020, 03:34 PM | #101 | |
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Quote:
Then again...wearing one may attract thieves to come and break your arm off as well... |
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20 August 2020, 03:37 PM | #102 | |
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Long story short it’s fine what he did and I can see both positions here but I feel these days the investment is more dominant part of the watch discussion than the actual watch itself ( we all know this of course) |
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20 August 2020, 03:49 PM | #103 |
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