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#1 |
"TRF" Member
Join Date: Aug 2013
Location: Bkk
Posts: 314
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Price increase on 1 Feb
I was told since early January but I did 't see anyone mention it. It's going up 6-7% this time.
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#2 |
"TRF" Member
Join Date: Aug 2022
Location: Switzerland
Posts: 490
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Globally?
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#3 |
"TRF" Member
Join Date: Jul 2023
Location: Yorkshire
Posts: 49
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Around 5% I was told in the UK
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#4 |
"TRF" Member
Join Date: Aug 2015
Location: UK
Posts: 298
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HS closes down my AD, and on his way out of the room turns around and says ... "One more thing, price of the brick is going up!"
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#5 |
"TRF" Member
Join Date: Jan 2019
Location: U.S.
Posts: 845
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Again? Any insight into whether it'll be across the whole line or select pieces?
At this rate, I wouldn't be surprised if AD cases start filling back up. |
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#6 |
"TRF" Member
Join Date: Aug 2022
Location: Switzerland
Posts: 490
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Price increase in Switzerland seems quite moderate, cannot speak for all references though. 5167A went from CHF 20'500 to CHF 20'750
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#7 |
2024 Pledge Member
Join Date: Apr 2013
Location: USA
Posts: 1,060
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New prices are on the US Patek site. I spot-checked a few against the WoS site and the price differences are minimal, for example:
5811/1G $69,785 to $70,110 (+0.5%) 5320G $97,581 to $98,160 (+0.6%) |
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#8 |
"TRF" Member
Join Date: Oct 2019
Real Name: HM
Location: 🇲🇾
Posts: 2,441
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I think those who live in the UK will be pretty shock when they check the new prices….
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#9 |
"TRF" Member
Join Date: Jun 2023
Location: UK
Posts: 36
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New prices are up on the uk website with some hefty increases - 5990/1R now £101,930. The 5980s have disappeared so seems that rumour was accurate.
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#10 |
"TRF" Member
Join Date: Jun 2023
Location: UK
Posts: 36
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#11 |
"TRF" Member
Join Date: Oct 2021
Location: UK
Posts: 376
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Pretty significant increase I feel for the UK!
__________________
Rolex Datejust / Rolex Day-Date Olive / Rolex OP36 Turquoise / AP Royal Oak Grey 15510ST/ Patek 5205-R Olive/ Patek 5167R / Patek 5212a |
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#12 |
"TRF" Member
Join Date: Jun 2020
Location: London, UK
Posts: 78
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#13 |
"TRF" Member
Join Date: Sep 2020
Location: Scotland
Posts: 466
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Presumably PP are trying to capture some of the Grey flipper market margins….
Just when PP Grey prices are falling…. There again the shrinking number of stores and the pressure on those remaining to upgrade their interiors (see shrunken number London outlets - and eg WofS Regent Street improvements) and the sheer cost of the PP Bond Street Boutique enlargement - all have to be paid for. PP might also be trying to reduce the number of people on their “wait list” by driving them away. It will be interesting to see how Chrono 24 and Watch Charts prices move. |
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#14 |
"TRF" Member
Join Date: Nov 2018
Location: Europe
Posts: 3,375
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Minor adjustments of mostly less than 1% in Germany. In light of the FX developments last year I am even more surprised by the UK increase. Clearly they must feel their UK customers continue to be well off compared to the Germans.
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#15 |
"TRF" Member
Join Date: Feb 2017
Location: Hong Kong
Posts: 574
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It seems pretty crazy and grey is certainly the way to go for me.
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#16 |
"TRF" Member
Join Date: Jan 2023
Location: US
Posts: 60
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#17 |
"TRF" Member
Join Date: Dec 2021
Location: Asia
Posts: 810
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Singapore also saw some hefty increases... 5326G went up by almost $10K (~9%).
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#18 |
"TRF" Member
Join Date: Feb 2017
Location: Hong Kong
Posts: 574
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Yeah. 46500 for a 6119g ouch. The 5226 is 58500 sgd too..
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#19 |
"TRF" Member
Join Date: Nov 2017
Real Name: John
Location: Australia
Watch: WG BLRO, Sub C, WG
Posts: 1,618
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Over 6% increase in Australia
Sent from my iPhone using Tapatalk |
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#20 |
"TRF" Member
Join Date: Oct 2019
Real Name: HM
Location: 🇲🇾
Posts: 2,441
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Honestly, with the current market conditions, and most likely it will get worse, Patek are shooting themselves in the foot with such steep hike. A lot of the dress watches are already going for massive discounts on the grey market.
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#21 |
"TRF" Member
Join Date: Sep 2020
Location: Scotland
Posts: 466
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looking at a few prices - UK price hike just under 7%
5811 56,190 > 60,050 5224 46,190 > 49,350 |
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#22 |
"TRF" Member
Join Date: Nov 2018
Location: Europe
Posts: 3,375
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At current FX the old GBP prices above were quite a bit lower than the EUR prices in Germany. The massive UK price hike (and the absence of a similar hike in the EUR prices) may well have been implemented to eliminate that imbalance.
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#23 |
Banned
Join Date: Feb 2023
Location: USA
Posts: 375
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100% spot on. Only a Handful of models are commanding premiums, the market correction is still under way.
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#24 |
"TRF" Member
Join Date: Jul 2019
Location: Dubai
Posts: 753
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#25 |
"TRF" Member
Join Date: Feb 2018
Location: USA
Watch: 5226G & 5513(1963)
Posts: 352
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Checked the price increase for a 5226G which went from $40,220 to $40,420 so it was a pretty negligible increase.
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#26 |
"TRF" Member
Join Date: Aug 2022
Location: London
Posts: 23
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I'm after a 5205G, and the price here in the UK has increased by nearly 7% :-(
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#27 | |
"TRF" Member
Join Date: Jan 2019
Location: U.S.
Posts: 845
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Quote:
Ya, U.S. wasn't bad. I really feel for our UK customers on here. |
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#28 |
"TRF" Member
Join Date: May 2017
Location: cambridge
Posts: 2,276
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