Patek Philippe - "Exclusivity eats its own children" one could say here :-)!

"Exclusivity eats its own children" one could say here :-)!

Currency fluctuations is not the real reason: Patek and all other luxury item manufacturers from Switzerland simply insist on theire margin/profit.

The Pound Sterling has lost up to 25% in 2008 against the Euro, but German cars did cost the same.

No, no.

Watches have always been luxury items: a Patek, a Lange, a VC ... always!

What these companies do is simple: they have created a modern myth by using advertising companies (which was very costly) and believe still that this will keep the myth alive.

Possibly, but only for a much, much smaller group.

But it is also theire own fault: I have seen Patek advertisements in quite small airports, low budget airports ...

To give an answer to Bruno: all Pateks are far too overpriced.

Best

Moritz

💰439 Marketplace Listings for A. Lange and Söhne›

5235 regulator ... is the price acceptable

By: Bruno.M1 : July 13th, 2012-00:47

I have a question for you. Yes, we saw some huge increases the last 5 - 6 years. Some Patek watches rose with 50 % ( 5960 is an example) But on the other hand, it was not only Patek. Rolex also + 50% in 6 years, Panerai, AP, etc. When I last saw soms Brei...

The price is acceptable taking into account it's a

By: dr.kol : July 13th, 2012-03:23

Patek! However, Patek's are heavily overpriced and I'm having big problems to expand my inventory of the same. One of the topic I'm planning is to compare an Aquanaut to Aqua Lung. The watches are very similar, both are available with a rubber strap + a s...

?

By: Dje : July 13th, 2012-03:47

Bruno, It is obviously too expensive, like all watches now, since they became luxury pieces and are no longer timespieces! You're surprised that all brands seem to have increased their prices in the last years, and not just Patek Philippe? More than half ...

I agree that the CHF is part of the problem

By: Bruno.M1 : July 13th, 2012-04:04

"since they became luxury pieces and are no longer timespieces!" Wasn't that always the fact ? I'm not talking about a Rolex. A Sub was indeed a lot cheaper in 1975 ( included inflation) but the real highend or luxury pieces as you want ... I remember tha...

"Exclusivity eats its own children" one could say here :-)!

By: COUNT DE MONET : July 13th, 2012-06:20

agree with you, compared to other Patek, its under priced

By: Fricks : July 13th, 2012-04:31

considered also the number of new stuff in it, tech wise, i thought it would be much more expensive. Maybe they are trying to give it a push as its the 1st regulator

Give it a push ??...

By: dreamer8 : July 13th, 2012-05:34

I don't think that's the case. It is an application piece in Australia and fairly long waiting list. RRP is AUD $ 56,300, approximately 47,000 euros. Cheers,dreamer

maybe you are bit too far...

By: Fricks : July 13th, 2012-11:59

... jst kidding. Application piece, i guess its really market trick for such a piece. Over here its not, but the watch is being delayed, and there's demand on it, but they dont know about the success it will have until its revealed

It has an IWC Portuguese look to it... [nt]

By: palmbeachguy : July 13th, 2012-14:22

I remember when the 5035 was introduced and I felt

By: whit : July 13th, 2012-14:45

the same, I was fully prepared for the price to be $22,000+ but was introduced at $15,500 if I'm not mistaken. I really felt its price represented true value given what it does. I believe we have been conditioned to the higher prices and should be prepare...