LP
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Unacceptable
My AD, who is the top PP dealer in Hongkong, will never charge a premium for ANY watch. I vividly remembered being offered the even more rare 5050 couple of years back, and he had to apologize he could only only a notional discount.
My understanding is that rare timepieces are "reserved" for most valued clients, not intended to be traded for a premium. After all, it is PP aim to ensure special items should make it into true collectors' hands, not for speculation. May I suggest you visit another AD.
I've been offered a 5980 from my AD
He is asking a MAJOR premium, but it is still a LOT less than the asking prices of the gray market. On the one hand, it is exciting to be offered the watch. It's a weird and unique Patek, which will IMHO, go only up in value, etc, etc. But in the final an...
No No No
Patek Philippe would be appaled that profiteering is being suggested by an authorised dealer. That premium will NOT be seen by Patek Philippe because they already received his 'appropriate' low cost of goods through the normal distributor channels. Patek ...
AD
You know, PP may well be appalled but I have seen a 5980 recently with August 07 papers from one of the PP boutiques and in December I saw a 5004P with November 06 papers from another PP boutique. If their own boutiques which they own and in theory can sc...
NOT RIGHT !!!!!
Mostel, I do not think it is right for an AD to charge a premium . ARE THEY CRAZY. Keep in mind that the AD pays the cost and clears a good margin of profit. Making double profit is uncalled for. I know a couple AD that will make you buy a PP of equal val...
This is eye opening
Thanks to everyone who responded. You know, not long ago, a different AD asked me for above list on a 5970, which I thought was totally outrageous. He then asked me to BUY A 2nd watch if I did not want to pay above list for the 5970. Repeat: this is a dif...
A minor dissent
If you are a big enough and loyal enough customer (in your mind), certainly I can understand your frustration and disappointment. If you are not a big enough or loyal enough customer (in the AD's mind), then I can partly understand the high price since ra...
My Experience
I posted a similar situation on another Patek board. I was quickly shot down by other posters for not having finalized the details before ordering. Now the AD I purchased from has seen my business for the past ten years and I have purchased MANY watches f...
Agreed
It's a racket in some ways... but the AD's side is not fully understood either. In my conversation with him, I continued to learn his side of it, which was not entirely BS, IMHO. At this time in Patek history, the price is more important than the watch. H...