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I completely agree with this. The behavior of a group of grey market dealers and buyers doesn't demonstrate cause or establish proof of a problem.
If a buyer prefers to receive his/her watch sealed, whether for the pleasure of placing first fingerprints, for later unveiling, or for permanent storage, that decision is his/hers alone. The "problem" is being mis-attributed to some silly plastic wrap or ugly purple box, as if eliminating one or both is going to end or alter the purchase patterns of buyers willing to pay a premium for certain pieces. I suggest the "problem" isn't a problem at all. This buying and selling isn't going anywhere. Demand exceeds supply, short supply pieces command higher resale prices, collectors and "flippers" to varying degrees capitalize.
Participation isn't mandatory. I've never sold a watch and I've never paid above retail in the aftermarket for a piece. My choice. Sure, I've missed out on references here and there that may have landed in flippers hands, but I can live with that. The free, semi-liquid market they help establish and maintain is of value to all of us: a current market wherein perceived value is determined by two parties in agreement. A market without plastic wrap and cardboard boxes won't behave any differently. Nor will opportunistic flippers, collectors-turned-sellers, or buyers with the resources and desire to purchase sought after pieces at above-retail prices.
Looks like times of sealed and double sealed PP is over
News or rumor is that after 1st of July PP ordered firmly to all retailers to open brown box and cut plastic when selling watches and not give any more brown cardboard boxes to customers. No more double or single sealed PP! I just took few random shots fr...
This is not a rumor.
This is what ADs are obliged to do, i.e. to unwrap any watch when it is handed over to the customer. The problem is that not all ADs comply with these rules, and I guess this will continue.
Maybe but info is that Patek said
“All pieces found in a cardboard box or plastic bag after July 1st, 2017 will be view as a fault.” So maybe it will not continue? Cheers D
Absolutely the right decision.
Whether dealers will comply or now time will tell. But it will be very easy to trace down who is not complying and selling sealed pieces.... so question is what the consequences will be for those. Fewer allocations perhaps? Slap on the wrist? Or just a si...
A PP rape 😱 (which is almost an anagram of wrap 😉).
Without joking, I think PP collectors should be angry about this decision. Best wishes Alkiro
Like me, you know that some PP collectors own the same model in different metals. One to wear and the other ones to keep in the safe and speculate ☹️
So such a decision could have an impact may be for them and few others. From my side I don't care... I prefer to wear my watches 😁 Best wishes Alkiro
I'm torn on that
on the one hand I feel sorry for every PP that needs to live a life in a plastic bag. on the other hand, I don't like the potential arrogance behind this move.
I think it's a good move.
It's definitely better, than the decision to put the name and address of the buyer into the papers. This new rule is reglementing the dealers, not the buyers. You could of course argument, that this also has an effect on buyers, but only on those gambling...
I actually wonder, why there's not more people having a problem with their address on the certificate.
It's definitely holding me back from buying new PP at the moment. Buying a watch to wear it does not mean, that you'll keep it for your whole life and would you want to have your name and address floating around, basically telling people: there's money to...
People forget it's a transport case. Intended to transport the watch from manufacture to authorized dealer where it should be opened and transferred to the presentation case upon sale.
In the world of internet many dealers sold without the client even coming to the store and hence they shipped the watch to them in the transport case. It was never intended to be a symbol of s "mint" watch like an investment. Now what does it mean regarde...
Buying a watch to wear that's it.
As for internet maybe they start use bubble wraps to ship PP
glad that patek is putting an end to this horrific practice...
I hope that the AD that keeps doing this will be punished accordingly!
It is certainly true
My AD has told me that and the beauty is that I can actually see a watch in the metal instead of trying to imagine it on my wrist while it is wrapped in plastic and in a box!
The whole story about "sealed" and "double sealed" is pi...ng me off!
These boxes were not supposed to be any kind of seal - just plain transportation packages. It was speculators and grey dealers who created the myth of "sealed". For me there are unused and used watches. If one is not bling, it's easy to see if the watch i...
It has been my understanding for a few years now that AD's were supposed to cut the seal.
With all my watches this is certainly the case. I think it should be the case as anyone who does not wear a Patek and won't open it does not deserve one. I have also heard rumours that on "special application" watches the AD will be keeping the paper work...
Plastic is worhtless
A watch in plastic in a box is utterly useless except as to flippers as a poster here said. Shame on Patek ADs for not complying with Patek's long standing rules of delivery. PP has only itself to blame for the flipping of watches sealed and in boxes unop...
Errr..
You know my views on this as a matter of principle. But there is another reason too: anyone taking delivery of something expensive & hand made wrapped in plastic and then in a box with a tiny window HAS MORE INTEREST IN THE BOX THAN THE CONTENTS. How on e...
Here is a Rebus for all watch experts...
how are watches from other brands e.g. Rolex, JLC, AP transported to the AD ? Do they have a similar sealed status ?
Easy Answer to the box/plastic problem
1-Put a barcode on the box ( possibly extend to the second plastic seal) 2-Upon purchase return the box to Patek headquarter in Geneva (AD is responsible for it) 3- Upon receipt Patek enable the warranty, only done if come with an AD ID tag/ declaration, ...
or the distributors could open the boxes
and ditch the junk in NY or where else they are located just sending ADs the watch in the presentation box as the AD is suppose to ship to customers. Why didn't they think of that. A big reason for the shipping boxes is lots of watch can be stored in a re...
There are very legitimate reasons why a collector who is buying a brand new Patek solely for his/her personal use would want it to come factory single sealed inside the shipping box.
1) Since the watch is factory sealed, there is zero chance of it getting scratched because of being handled by others. I once once bought a 5070 and the AD insisted on unsealing the watch. I instructed the sales person to ship it flat in a long box so it ...
I completely agree with this. The behavior of a group of grey market dealers and buyers doesn't demonstrate cause or establish proof of a problem.
If a buyer prefers to receive his/her watch sealed, whether for the pleasure of placing first fingerprints, for later unveiling, or for permanent storage, that decision is his/hers alone. The "problem" is being mis-attributed to some silly plastic wrap or...
You as I don't have
much fate in humanity my friend Seriously some truly valid points you made Thanks for joining the discussion Cheers D
Ha. Just been around the collection circuit - watches, cars, etc - a few times.
I'll wrap myself in plastic wrap when I see the solution which creates a perfect, liquid market for "true" collectors only, free of the bastard flippers 😉
All your points are spot on!
We live in a free market World without borders. It's not going away and there are many benefits overall, including for Patek. The relative ease of selling or trading a watch for whatever reason generally leads to more purchases of Pateks.
What about other brands then?
Do collectors of other brands just care less than PP collectors? Although I can completely understand your reasoning Cheers D
Had they never
let the watches go sealed you would not even know or care about the boxes. A PP created problem. I agree with you, as you have done so ably, a compelling argument can be made to let the sealed watches continue to go out. A further point, also that if the ...
Watches delivered without the transport boxes
I like the transport boxes and the plastic wrapper for protecting the watch when I am not wearing it. It is easy to store them in a bank safety deposit box that way. However I can understand Patek Philippe's concern over the single sealed and double seale...
How much is the air from
Plan les Ouates worth? I suspect as much as hen's teeth or unicorn hair?
I tend to think it is good news
but no sure of the strong impact in the end for me. Personally, I wouldn't pay a premium for a sealed one and would buy a standard excellent condition version for instance (I know other people might feel otherwise of course). I'm not sure that such carboa...
Agreed Patek deserves nice wooden box
for each and every reference. We are here to help and support each other no need to thank me...sharing is caring Cheers D
Excellent thread Damian.....
I agree with many points and decided that I would not mind my name on a car purchase from a dealership, why it would be different with a luxury watch certificate ? For security reasons as well as warranty purposes if nothing else. I also think a paying cu...
Sealed watches and shipping boxes.
Never in my life could I have imagined so much conversation about this. The watch, itself is seemingly lost in this myriad of controversy. The shipping boxes are a wonderful idea and having the watches sealed is as well, serving their intended purpose to ...