WatchProSite|Market|Digest
WatchProSite|Market|Digest

Patek Philippe

We can all understand !

 

In tough economic times, luxury watches' sales is sluggish.  Cause we all know we do not need a luxury watch to tell the time.  And I do think nowadays, not only Patek but a lot of the fine Swiss watch companies are charging too much for their products.  We cannot blame the Chinese who now has lot of money to buy luxury goods.  It is mainly the decisions of watch companies that they think they can charge whatever consider reasonable as long as their is someone willing to pay.

I bought a SS Daytona with black dial last year with a bit of discount since I purchase mostly from that particularly AD for the last 10 years.  A friend of mine called yesterday that he dropped by that AD the other day thinking of buying a SS Daytona, but the AD refused to give any discount.  He said he wanted to wait.  But my advice to him was, if he could wait, wait.  However, in the long run, all fine Swiss watches prices always go up.  So if he really want the Daytona badly, buy it and reward himself for the hard work that he's done.

I do not think prices will go down, all we can hope is it will stay stable so more of us can afford finer pieces. 

 

Best regards,

 

Baxter

 

  login to reply
12 Comments view entire thread 

Nautilus 5712/1a on display at AD (London)

 
By: simmy93 : August 25th, 2011-13:21
I never thought I would see the day that a 5712/1a would be on display at an AD, which is probably indicative of the tough market conditions.

Some saw the Virgin, too. :)

 
By: amanico : August 25th, 2011-13:27
Back to serious, I saw some 5712 A in some window shops, in Paris... or in London, it is not too rare. Best, Nicolas.

further North

 
By: 41northpole : August 25th, 2011-13:38
Elsewhere in the UK you can find all the steel Nautilus models in windows. It's been like that for most of this year. Continuous price rises are turning people away I think. It certainly gets my goat that every time you walk past an AD of any description,... 

On my visit to Patek's Salon in Geneva

 
By: dr.kol : August 25th, 2011-13:56
both 5711 and 5712 were absent last winter. Now both were readily available. Best, Kari

Patek have eben disappointing

 
By: cosincourt : August 26th, 2011-08:38
And are risking the Brand Nö doubt tHere are currency pressures but given the enormous Margins they could certainly have absorber a good Portion of the increase and kept the good will If China sneezes they are boing to feeling it My Little Money is g... 

We can all understand !

 
By: Watchlover78 : August 26th, 2011-09:29
In tough economic times, luxury watches' sales is sluggish. Cause we all know we do not need a luxury watch to tell the time. And I do think nowadays, not only Patek but a lot of the fine Swiss watch companies are charging too much for their products. We ... 

Available

 
By: simmy93 : August 26th, 2011-15:05
day 2 and still on display, so my guess is that its still available...........

It's all relative

 
By: simmy93 : August 26th, 2011-15:02
.....as during the pre Lehman/credit crunch period when the world economy was riding the giant credit wave, one would be hard pressed to locate the 5712/1a as it would be pre-sold in double sealed boxes, which was far from any state of "normality". I've w... 

And here.....................

 
By: DP1 : August 27th, 2011-12:47
Saw one in the window at Hamilton & Inches in Edinburgh. Thought I would never ever see one in the flesh, now I've had it on my wrist, all I can saw is awesome!!!!!! Also tried on the 5140P that was on display, need to win the lottery!! Now will I eve...