Registration of second hand Patek...

[locutus49]

Does this sound right to you all?

As some of you know, I bought a 5167 on the grey market since it is unavailable from the AD for the foreseeable future.

I visited the AD - CJ Charles - today to change the name of registration to mine. They were very helpful but said that the registration of Pateks remains in the name of the original owner. They said this is no way hinders my ability to service it through them; they know I'm the owner.

I bought the last rubber strap they had, just to keep.

The people at this AD were both knowledgeable and helpful even though I never bought a watch from them (yet).

[Fat_ninja]

I think that’s right in terms of the papers...but I think u are able to register ur name on their website tho...

[ct.matt]

I have registered two Pateks that I picked up from the first owners. It takes them a while but they consolidated both into the same subscriber ID for the magazine. I don't know of any other benefit beyond the owners lounge, please enlighten me if I'm missing out on additional benefits by having the watches registered to me.

[Fat_ninja]

Originally Posted by ct.matt

I have registered two Pateks that I picked up from the first owners. It takes them a while but they consolidated both into the same subscriber ID for the magazine. I don't know of any other benefit beyond the owners lounge, please enlighten me if I'm missing out on additional benefits by having the watches registered to me.

No benefits...some big collectors don’t even like having new watches registered. U register enough of them and there’s a profile of ur history that’s shared amongst the AD’s

So they know ur preferences...kind of like profiling. Lol

[MadSpaniard]

I believe there are 4 distinct concepts for a Patek watch: (1) Certificate of Origin, (2) registration, (3) warranty, (4) archive papers. I think it goes something like this:

The Certificate of Origin is issued by Patek in the name of the original customer, and it is non-changeable and non-replaceable. Even if you are the original customer and purchased at AD, if you lose your Certificate of Origin there's no way to get a replacement copy. (While visiting Henry Stern Agency recently, they emphasized that point to me, "please don't ever lose this document - make a copy and keep the original somewhere safe!")

Registration can be done on the Patek website, and associates the current owner with the particular unit. It does not replace the name on the certificate of origin. You can register a watch that that you did not originally purchase.

Warranty has to do with the physical unit itself. A new unit has a warranty against defects etc for a certain period of time, etc. If that watch is brought in for service for a defect, it gets serviced if under warranty else it's a paid repair (note that the proper geographic jurisdiction may be needed for service under warranty, although I'm not sure.)

Archive papers can be purchased on the Patek site, and simply are a copy of the unit's archival papers that Patek maintains on every watch they've ever made. It's not the same as the certificate of original, but often times it's "the next best thing" to show that the particular unit is recognized by Patek as "a watch that they made".

Hope that helps.

[GGGMT]

Originally Posted by ct.matt

I have registered two Pateks that I picked up from the first owners. It takes them a while but they consolidated both into the same subscriber ID for the magazine. I don't know of any other benefit beyond the owners lounge, please enlighten me if I'm missing out on additional benefits by having the watches registered to me.

What’s the “owners lounge”?


Sent from my iPhone using Tapatalk

[Calatrava r]

Registering the watch is simply filling out the from that comes with the watch and mailing it in. If the original owner has already done it, I do not believe you can change anything. The CO is filled out at purchase and is never changed. I have always been told if a watch is not registered by the owner, PP tracks the date of sale but the purchaser to protect the privacy of their customers.

With all the watch commerce now, that may have changed to identify flippers.

[MichaelFlash]

Originally Posted by MadSpaniard

I believe there are 4 distinct concepts for a Patek watch: (1) Certificate of Origin, (2) registration, (3) warranty, (4) archive papers. I think it goes something like this:

The Certificate of Origin is issued by Patek in the name of the original customer, and it is non-changeable and non-replaceable. Even if you are the original customer and purchased at AD, if you lose your Certificate of Origin there's no way to get a replacement copy. (While visiting Henry Stern Agency recently, they emphasized that point to me, "please don't ever lose this document - make a copy and keep the original somewhere safe!")

Registration can be done on the Patek website, and associates the current owner with the particular unit. It does not replace the name on the certificate of origin. You can register a watch that that you did not originally purchase.

Warranty has to do with the physical unit itself. A new unit has a warranty against defects etc for a certain period of time, etc. If that watch is brought in for service for a defect, it gets serviced if under warranty else it's a paid repair (note that the proper geographic jurisdiction may be needed for service under warranty, although I'm not sure.)

Archive papers can be purchased on the Patek site, and simply are a copy of the unit's archival papers that Patek maintains on every watch they've ever made. It's not the same as the certificate of original, but often times it's "the next best thing" to show that the particular unit is recognized by Patek as "a watch that they made".

Hope that helps.

Thanks for the info!

[jon_jon]

A watch passing through several hands can be re-registered to the new owner at each step. It is as simple as completing an online registration form.

Most flippers are not going to bother registering as they don't want to keep a trail of them buying and selling (i.e. flipping) watches constantly. However if you are going to be a long-term owner, many if not most owners will register their watches.

For collectors registering their watches, Patek knows your history of ownership and know that you are not a flipper. When they decide to approve or disapprove an application piece, they can look at your list of registered watches to see what kind of collector you are and how serious you are about collecting Patek watches.

[locutus49]

That is hugely helpful and answers my question. Thank You.

Originally Posted by MadSpaniard

I believe there are 4 distinct concepts for a Patek watch: (1) Certificate of Origin, (2) registration, (3) warranty, (4) archive papers. I think it goes something like this:

The Certificate of Origin is issued by Patek in the name of the original customer, and it is non-changeable and non-replaceable. Even if you are the original customer and purchased at AD, if you lose your Certificate of Origin there's no way to get a replacement copy. (While visiting Henry Stern Agency recently, they emphasized that point to me, "please don't ever lose this document - make a copy and keep the original somewhere safe!")

Registration can be done on the Patek website, and associates the current owner with the particular unit. It does not replace the name on the certificate of origin. You can register a watch that that you did not originally purchase.

Warranty has to do with the physical unit itself. A new unit has a warranty against defects etc for a certain period of time, etc. If that watch is brought in for service for a defect, it gets serviced if under warranty else it's a paid repair (note that the proper geographic jurisdiction may be needed for service under warranty, although I'm not sure.)

Archive papers can be purchased on the Patek site, and simply are a copy of the unit's archival papers that Patek maintains on every watch they've ever made. It's not the same as the certificate of original, but often times it's "the next best thing" to show that the particular unit is recognized by Patek as "a watch that they made".

Hope that helps.

[locutus49]

Awesome. Thanks.

Originally Posted by jon_jon

A watch passing through several hands can be re-registered to the new owner at each step. It is as simple as completing an online registration form.

Most flippers are not going to bother registering as they don't want to keep a trail of them buying and selling (i.e. flipping) watches constantly. However if you are going to be a long-term owner, many if not most owners will register their watches.

For collectors registering their watches, Patek knows your history of ownership and know that you are not a flipper. When they decide to approve or disapprove an application piece, they can look at your list of registered watches to see what kind of collector you are and how serious you are about collecting Patek watches.

[d11n]

Originally Posted by MadSpaniard

I believe there are 4 distinct concepts for a Patek watch: (1) Certificate of Origin, (2) registration, (3) warranty, (4) archive papers. I think it goes something like this:

The Certificate of Origin is issued by Patek in the name of the original customer, and it is non-changeable and non-replaceable. Even if you are the original customer and purchased at AD, if you lose your Certificate of Origin there's no way to get a replacement copy. (While visiting Henry Stern Agency recently, they emphasized that point to me, "please don't ever lose this document - make a copy and keep the original somewhere safe!")

Registration can be done on the Patek website, and associates the current owner with the particular unit. It does not replace the name on the certificate of origin. You can register a watch that that you did not originally purchase.

Warranty has to do with the physical unit itself. A new unit has a warranty against defects etc for a certain period of time, etc. If that watch is brought in for service for a defect, it gets serviced if under warranty else it's a paid repair (note that the proper geographic jurisdiction may be needed for service under warranty, although I'm not sure.)

Archive papers can be purchased on the Patek site, and simply are a copy of the unit's archival papers that Patek maintains on every watch they've ever made. It's not the same as the certificate of original, but often times it's "the next best thing" to show that the particular unit is recognized by Patek as "a watch that they made".

Hope that helps.

great post...thank you.

[SL BRABUS]

Originally Posted by MadSpaniard

I believe there are 4 distinct concepts for a Patek watch: (1) Certificate of Origin, (2) registration, (3) warranty, (4) archive papers. I think it goes something like this:

The Certificate of Origin is issued by Patek in the name of the original customer, and it is non-changeable and non-replaceable. Even if you are the original customer and purchased at AD, if you lose your Certificate of Origin there's no way to get a replacement copy. (While visiting Henry Stern Agency recently, they emphasized that point to me, "please don't ever lose this document - make a copy and keep the original somewhere safe!")

Registration can be done on the Patek website, and associates the current owner with the particular unit. It does not replace the name on the certificate of origin. You can register a watch that that you did not originally purchase.

Warranty has to do with the physical unit itself. A new unit has a warranty against defects etc for a certain period of time, etc. If that watch is brought in for service for a defect, it gets serviced if under warranty else it's a paid repair (note that the proper geographic jurisdiction may be needed for service under warranty, although I'm not sure.)

Archive papers can be purchased on the Patek site, and simply are a copy of the unit's archival papers that Patek maintains on every watch they've ever made. It's not the same as the certificate of original, but often times it's "the next best thing" to show that the particular unit is recognized by Patek as "a watch that they made".

Hope that helps.

Originally Posted by Calatrava r

Registering the watch is simply filling out the from that comes with the watch and mailing it in. If the original owner has already done it, I do not believe you can change anything. The CO is filled out at purchase and is never changed. I have always been told if a watch is not registered by the owner, PP tracks the date of sale but the purchaser to protect the privacy of their customers.

With all the watch commerce now, that may have changed to identify flippers.

Originally Posted by jon_jon

A watch passing through several hands can be re-registered to the new owner at each step. It is as simple as completing an online registration form.

Most flippers are not going to bother registering as they don't want to keep a trail of them buying and selling (i.e. flipping) watches constantly. However if you are going to be a long-term owner, many if not most owners will register their watches.

For collectors registering their watches, Patek knows your history of ownership and know that you are not a flipper. When they decide to approve or disapprove an application piece, they can look at your list of registered watches to see what kind of collector you are and how serious you are about collecting Patek watches.

This.....^^^......

https://www.patek.com/en/retail-serv...r-registration

John, here the link where you could registering your 5167....^^^..... If you have not done yet......

[tp.]

Originally Posted by GGGMT

What’s the “owners lounge”?


Sent from my iPhone using Tapatalk

It subscribes you to the Patek Philippe magazine as well as gives you snippets of past magazines in pdf format.

[irish john]

Originally Posted by ct.matt

I have registered two Pateks that I picked up from the first owners. It takes them a while but they consolidated both into the same subscriber ID for the magazine. I don't know of any other benefit beyond the owners lounge, please enlighten me if I'm missing out on additional benefits by having the watches registered to me.

owners lounge ??? would someone please enlighten me

[Flex368]

It´s the password protected section of PP´s website containing little additional content.

[GGGMT]

Originally Posted by Flex368

It´s the password protected section of PP´s website containing little additional content.

Thank you. And here I was thinking an amazing salon in Geneva, filled with Fine wine, cigars, and red velvet lounge chairs


Sent from my iPhone using Tapatalk

[Fat_ninja]

Originally Posted by GGGMT

Thank you. And here I was thinking an amazing salon in Geneva, filled with Fine wine, cigars, and red velvet lounge chairs


Sent from my iPhone using Tapatalk

For $50k I’ll fly u out there five u fine wine, cigar and a velvet chair :)

[ct.matt]

Originally Posted by Fat_ninja

For $50k I’ll fly u out there five u fine wine, cigar and a velvet chair :)

Better deal than the Hodinkee trip. And you'd be surrounded by Apple Watches

[Fat_ninja]

Originally Posted by ct.matt

Better deal than the Hodinkee trip. And you'd be surrounded by Apple Watches

Lol

[Passionata]

Originally Posted by fat_ninja

i think that’s right in terms of the papers...but i think u are able to register ur name on their website tho...

+1

[Fat_ninja]

Originally Posted by ct.matt

Better deal than the Hodinkee trip. And you'd be surrounded by Apple Watches

I’ll even give u a Rolex instead of a Mont Blanc watch...