Patek Philippe Aquanaut: Navigating the October 2020 Price Updates

FabR · 2020-09-30T18:38:38Z

Patek Philippe updated its official website with new MSRPs effective October 1st. FabR details price changes for Aquanaut models and discusses market access for collectors.

FabR

WPS member · Patek Philippe forum

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FabR, a respected member of the WatchProSite community, alerted enthusiasts to a significant update from Patek Philippe: the release of new MSRPs on their official website, effective October 1st. His post provides crucial guidance on navigating these price changes, noting that availability and VAT inclusion vary by region. This timely information is invaluable for collectors tracking the market and considering future acquisitions.

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Dear Friends,

earlier today Patek's official website has been updated to feature the new MSRPs, effective October 1st, for most of the models in the regular catalog. (For select grand complications such as minute repeaters, or for special/limited editions, including most rare handcrafts, a price will be available upon request at any AD.)

So before rushing to your favorite retailer...you should be able to consult the new official values here from most regions of the world, in your local currency:

www.patek.com

They might or might not be inclusive of VAT, depending on location (e.g., in many European countries they represent the final price; in others, like the US, they do *not* include state taxes).

Cheers.

Key Points from the Discussion

Patek Philippe's official website now displays updated MSRPs for most regular catalog models, with prices for grand complications and special editions available upon request at authorized dealers.
The 5167A Aquanaut's MSRP was updated to $21,650, the 5167/1A to $24,840, and the 5167R to $40,810, reflecting the October 1st price adjustments.
Patek Philippe now requires a purchase history for highly sought-after steel models like the Aquanaut, with new clients or those with limited history being denied immediate access.
A strong prior history with a specific Authorized Dealer significantly increases a collector's chances of acquiring desirable Patek Philippe models, a reality for many high-demand brands.
The political situation in regions like Hong Kong might influence Patek Philippe's pricing strategy, potentially leading to lower price increases compared to other markets.
Patek Philippe's pricing strategy can vary significantly across different global markets, contrary to the assumption that list prices are similar worldwide.

The Discussion

GLau

Sep 30, 2020

>US$33k ??!! 😳 More than 10% increase ?? Wonder if watch sites have grey dealers hiking prices.

Tyo

Sep 30, 2020

I’m missing something? Could you tell me, the new price 5167

FabR

Sep 30, 2020

The 5167A MSRP has been updated to $21,650, the 5167/1A to $24,840, and the 5167R to $40,810. Cheers ;-)

Bruno.M1

Sep 30, 2020

can't see any price in Belgium

Bruno.M1

Sep 30, 2020

Never understood why a big important country like France has only 1(?) AD ( Wempe I believe) and 1 boutique at place Vendôme. Countries like Germany and the U.K. have rather close to 40 AD

joenghenry

Oct 1, 2020

I thought the list price is similar across the globe.

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Patek Philippe Aquanaut: Navigating the October 2020 Price Updates

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