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#1 |
Banned
Join Date: Feb 2023
Location: USA
Posts: 375
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Patek market is rapidly changing
what a difference 6 months makes. My local AD calls today and offers me a selection of pieces 5524r, 5524g, 6007g, 5226g. Was also told a 5205 could be had this year too.
Mind you these pieces are all going well below retail, especially the 5524 variants, but I have never purchased from them so they clearly offered these to existing customers who all decided to pass. a year ago you couldn't get any of these less desirable pieces, but evidently you can walk in and pick em up now LOL! sign of the times ![]() |
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#2 |
"TRF" Member
Join Date: Jun 2012
Location: Lakeville, MN
Watch: 126610LN Finally!
Posts: 387
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Well right or wrong, I think the softening market is a great thing
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#3 |
2024 Pledge Member
Join Date: Aug 2013
Location: Itinerant
Watch: 79010sg
Posts: 8,283
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5524 is
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#4 |
"TRF" Member
Join Date: Apr 2009
Real Name: SLF
Location: WetWestCoast
Watch: GMTs. All of them!
Posts: 200
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Now, the 5205G...
That's a watch I would gladly have on my wrist
![]() One day ![]() But, not at retail... |
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#5 |
"TRF" Member
Join Date: Feb 2024
Location: Atlanta, GA
Posts: 90
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Our new PP boutique opens here next month. I am really curious to see what they say in terms of availability and waitlists. They will have almost 30 pieces to try on as exhibitions.
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#6 |
"TRF" Member
Join Date: Jul 2011
Location: US
Posts: 3,255
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For what it’s worth was offered a 5205 at an AD I never did business with a year ago. Any of these pieces probably weren’t that hard to get even more than 6 months back
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#7 |
"TRF" Member
Join Date: Apr 2020
Location: Orange County
Posts: 1,794
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I got offered a 6119r or 5524r last November.
This was after an initial visit that left a horrible taste in my mouth. No thanks I hope they get their act together, fire the staff, or shut down.
__________________
AP 15500ST (Silver) // ♛ Rolex 126334 (Blue Roman, Fluted, Jubilee) // Ω Moonswatch (Mission to Pluto) // G-Shock GA2100-1A1 |
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#8 |
"TRF" Member
Join Date: Dec 2022
Location: Not in Colorado
Posts: 92
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#9 |
"TRF" Member
Join Date: Feb 2017
Location: Hong Kong
Posts: 574
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It’s nice to get offered pieces retail but it’s at the point where those constant year on year ~8% increases are just ridiculous and so much value at market right now. Make sure you really love these pieces if spending big money retail I reckon..
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#10 |
"TRF" Member
Join Date: Nov 2018
Location: Europe
Posts: 3,360
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At my former AD many of these and other less desirable Pateks could easily be had throughout the hype. I say former AD as they got discontinued in 2024. Over here sports watches had become hard to get earlier than in the US but the overall Patek hype that followed seems to have been less crazy.
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#11 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Nov 2010
Location: North Carolina
Watch: Rolex/Others
Posts: 46,529
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I would not buy above market value. If you could get a watch that is good through one of our Trusted Sellers and save thousands that is what I would do. If utilizing an AD then get a piece that you really want and has value at or above retail.
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#12 |
"TRF" Member
Join Date: Sep 2023
Location: UK
Posts: 217
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I understand that this is a watch forum and not an economy / investment forum. But let's just say that people interested in reading the tea leaves of the luxury goods / luxury watch markets could learn a lot from reading on what is happening to the global economy. There are also some major changes afoot.
I'd advice anyone playing in today's watch market only do so from pocket money and they should consider it expenditure on leisure interests. Fortunately I think most people on this forum already understand that perfectly well. |
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#13 | |
Banned
Join Date: Feb 2023
Location: USA
Posts: 375
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Quote:
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#14 |
Banned
Join Date: Feb 2023
Location: USA
Posts: 375
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#15 |
"TRF" Member
Join Date: Dec 2015
Location: USA
Posts: 103
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I wish my AD would offer me the 5226G. First inquired in October 2023 and still waiting. But I get the sense that my AD really wants me to buy jewelry before they offer me anything.
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#16 | |
"TRF" Member
Join Date: Jul 2019
Location: Dubai
Posts: 751
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Quote:
Amazing piece and love it . but no need for a premium . specially that it sells 7-9k below retail ATM |
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#17 |
"TRF" Member
Join Date: Dec 2015
Location: USA
Posts: 103
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Agreed 100%. I can be patient and will wait for them to offer or just buy at a discount grey like you said.
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#18 |
"TRF" Member
Join Date: Nov 2023
Location: UK
Posts: 22
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I agree with this post. I've been offered nearly every typical watch including some grand complications apart of course from Aquanauts and Nautialis.
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#19 |
2024 Pledge Member
Join Date: Mar 2024
Location: Dallas, TX
Watch: 126610LV
Posts: 72
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How did you build that relationship where the AD calls you?
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#20 |
"TRF" Member
Join Date: Nov 2023
Location: UK
Posts: 22
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#21 |
"TRF" Member
Join Date: Aug 2015
Location: UK
Posts: 298
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#22 |
"TRF" Member
Join Date: May 2017
Location: cambridge
Posts: 2,276
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currently every non-aqua non-nauti PP south of MR is available below retail from the grey. a big german chain of ADs even advertises their currently available models on their webpage and it contains references that were totally unavailable from the ADs a year ago.
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#23 | |
"TRF" Member
Join Date: Jun 2022
Location: Germany
Posts: 4
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Quote:
Thanks |
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#24 |
"TRF" Member
Join Date: Aug 2019
Location: Bangkok
Posts: 74
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Who?
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#25 |
"TRF" Member
Join Date: Nov 2018
Location: Europe
Posts: 3,360
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#26 |
"TRF" Member
Join Date: May 2018
Location: The Alps
Posts: 578
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Well, 5524 was always a slow seller. Dealers just pretended it was in demand because that’s what dealers used to do in this crazy market.
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#27 |
"TRF" Member
Join Date: Jan 2024
Location: UK
Posts: 8
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Anyone got any views on the 5212a availability in the midlands area in the UK. Saw one recently at my local AD during the PP exhibition that they had and really liked it.
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#28 | |
"TRF" Member
Join Date: Nov 2023
Location: UK
Posts: 22
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Quote:
Any ideas what you would go for? I have wrists on the smaller side so prefer sub 40mm. |
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#29 |
"TRF" Member
Join Date: Feb 2024
Location: Atlanta, GA
Posts: 90
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This is the boat I am in 36-38mm is the sweet spot for me and so little caters to that. I do think they brands are changing and acknowledging the shift back to slightly small more classic sizes. I keep going back to wanting a 3940 just for the size. I'm being patient and seeing what happens with the October drop and then W&W next Spring before going all in on some pieces. I got a subtle hint from a response from someone at Vacheron that they understand the current Overseas is too large and sounded like a 37mm non diamond option might be on the horizon.
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#30 | |
"TRF" Member
Join Date: Nov 2023
Location: UK
Posts: 22
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Quote:
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