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Patek Philippe

Yes the thread got locked because....

 

Hi,

Yes the thread got locked because I'm overly tired of such interested discussions.

Let me state it:  Patek Philippe is a commerical company producing and selling watches to make money. It has never been differently. They manage their business and they do it quite well. There is no reason to be uncomfortable with that.

It happens that watches are a subject of passion (at least supposedly for those attending here) and Patek Philippe watches are among the most exhilarating watches.

We do not tolerate discussions about value here (as I've always understood it) because money is not the reason for the passion of the creators of the site, because money definitely detracts from passion.

We also do not tolerate discussions about value because quite often those wishing these disucssions have been coming here with an agenda.

It is very easy to manipulate opinions with false informations, or "un-informations". For instance the recent discussion with Bruno about the production runs of the 5070. I don't see Bruno having an agenda on this subject but I see many people with an agenda on this reference as it has been the hottest PP reference in the last decade. All figures given are necessarily unfounded as they are estimates without sound base. What if you learn in 5 years that 20 000 5070pieces were produced. Why would do you think that's not possible? Why would you think more easily that they made only 3 or 4000 pieces?

Do you see were I'm going?  All discussions about value are generally based on impressions, speculations, manipulation......

If you're a watch fan, love a piece, can afford it and buy it, do you really bother if it will loose 20%, keep its value or make 20%? Does that make such a difference for you? If yes, maybe you should not put your money into watches because if you think they're an investment you've been misleaded!

Do you seriously think that Patek Philippe watches make money? Second hand prices are nearly always below list price, except for a very little few modern references and for some vintage rare and looked after pieces.

As written I'm tired. To some extent I find this aspect of Patek Philippe as repulsive.

Now let's be clear. As of now all discussions about value will be immediately and totally deleted without further notice nor warning.

If you want to discuss value, open your watch investment forum.

Thank you for reading.

Dje















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