Patek Philippe - You entered a world ...

You entered a world ...

Dec 23, 2014,08:55 AM

which is quite special, not to say (almost) unique. You got two very nice watches in one year and that is just great, still it is nothing that special in the world of PP. There is something I also had to learn and I am absolutely sure that I am not the only one here. It doesn´t matter how much money you spent on PP´s, there is a big chance that someone spent even more in the same time. PP increased the production significantly in the last 25 years, but (quite often) it is still not enough for the market demand and especially if we talk about the highly complicated and/or rare pieces.

"Super" rare pieces are asking for superb relationships, not to speak about the cash in hand and patience. Maybe you are the most important customer (of the year) at one AD, but what is about the importance of your AD in the dealer network of PP?

What I want to say is, think about if it makes sense for you to collect rare pieces ("only"). It can be quite frustrating. Of course there are some people who manage to get amazing pieces in a very short time, but I doubt they got (all) their pieces new from AD. Quite a lot of pieces are available in the "second market", for those who pay (sometimes almost crazy) premium money. If there is a strong market, someone will sell ...

I know collectors which bought at least one PP (from simple Calatrava up to perpetual calendar chronograph) and have not been able to get anything from the 175th Anniversary pieces. We never saw so many LE pieces for an anniversary, but as I said before it is still not enough for the demand. On the other side some people already make jokes becauce of the high volume of commemorative pieces this time ...

I would recommend to talk to several AD´s (maybe even in several markets) about your (long term) goals and I would listen to their proposals. After this you have to decide which AD is the best for you.

Take your time and enjoy the journey!

Oliver

to complete my collection

By: parle73 : December 18th, 2014-15:02

This year I have acquired Patek ref 5146r-001 and ref 5160r-001. I am trying to ger ref. 5275p-001. But do noy know whether my AD will help me to get it. If that becomes impossible, I am thinking of getting5204p-011 or ref 5131-175G. Then try to get ref 5...

Wy not siply getting a 5130 or 5110 rather than runnnig after an already sold out ref?

By: amanico : December 18th, 2014-21:12

You will certainly have to hunt these refs on the second market, then have to pay a solid premium. Go for the normal references, they have a lot of charm and appeal, unless if excluvitiy is the only thing which excites you, then... be prepared to pay. A l...

Quite a wide selection of options ...

By: small-luxury-world : December 21st, 2014-09:03

you have in mind. Are they all talking to you because of beauty, complication, rarity ... if I may ask. "how realistic is that" It is hard to say in general, some are (almost) impossible to get now and for others you (just) need to be patient. On the othe...

Oliver

By: parle73 : December 22nd, 2014-11:08

Thanks. As I said before I wanted to get 5275p-001 for it's rarity because of limited numbers, the unique features and technology. I requested my AD back in November to get it for me. No response from them. So, I wonder when people say it all depends on m...

You entered a world ...

By: small-luxury-world : December 23rd, 2014-08:55