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FrançoisCzapek · 9 June 2024, 05:55 AM

I saw a stray comment in another post to be wary of Patek frankenwatches on the gray market. It seems the person meant frankenwatches of modern Pateks, particularly Nautiluses. He pointed to Singapore's gray market and said Far East Plaza in Orchard Road, with gray dealers who have in house watchmakers, is a source of concern.

Is this possible and how would one guard against this? Are there specific dealers more reputable than others, and is having proof of servicing by Patek (or even an actual authentication by the service center) important in a gray purchase?

Tools · 9 June 2024, 09:16 AM

The "Grey Market" is a legitimate market selling new products, it is not the used or secondary market.

If you are getting faked, modified, or false products you are in the Black Market, which is criminal.

Use well known, responsible, Dealers and you will get an honest shake.

Partekular · 9 June 2024, 07:03 PM

Well, that’s certainly a Grey Marketeer's view.

There have been many reports of excellent Patek fakes on You Tube which even the experts have trouble identifying unless they take them apart.

One doesn’t know if the trader is reputable, Grey, Black or a victim in ignorance, by accident or design

Buying a stolen watch must be a nightmare once it’s caught by a service department as there is no refund available, just confiscation and total loss.

You sound a bit complacent for my taste but I feel sure you mean well. During the bubble period flippers ‘Grey Dealers’, popped up like mushrooms.

Buyer beware! Is the best approach and then some. Buying a modern PP model without papers is highly risky, another £2.8 million pounds worth of luxury watches stolen in London recently from 247 Kettles… Where will they be sold?

FrançoisCzapek · 9 June 2024, 07:31 PM

don’t think we are talking about the same things here

Bazil · 9 June 2024, 07:37 PM

Trotters are grey - I wouldn’t buy a plastic bag off them …
Try hardest to go through an AD .. sorry it’s old news but the safest way ..

FrançoisCzapek · 10 June 2024, 12:48 AM

How would I get a discontinued model from an AD?

9 June 2024, 05:55 AM	#1
FrançoisCzapek "TRF" Member Join Date: Aug 2022 Location: Singapore Watch: Classic Pateks Posts: 282	How to guard against modern Patek frankenwatches? I saw a stray comment in another post to be wary of Patek frankenwatches on the gray market. It seems the person meant frankenwatches of modern Pateks, particularly Nautiluses. He pointed to Singapore's gray market and said Far East Plaza in Orchard Road, with gray dealers who have in house watchmakers, is a source of concern. Is this possible and how would one guard against this? Are there specific dealers more reputable than others, and is having proof of servicing by Patek (or even an actual authentication by the service center) important in a gray purchase?

9 June 2024, 09:16 AM	#2
Tools TRF Moderator & 2025 Patron Join Date: May 2007 Real Name: Larry Location: Mojave Desert Watch: GMT's Posts: 43,593	The "Grey Market" is a legitimate market selling new products, it is not the used or secondary market. If you are getting faked, modified, or false products you are in the Black Market, which is criminal. Use well known, responsible, Dealers and you will get an honest shake. __________________ (Chill ... It's just a watch Forum.....) NAWCC Member

9 June 2024, 07:37 PM	#5
Bazil 2025 Pledge Member Join Date: Apr 2022 Real Name: Bazil Brush Location: Star Gazing Watch: Any Daytona Posts: 4,103	Trotters are grey - I wouldn’t buy a plastic bag off them … Try hardest to go through an AD .. sorry it’s old news but the safest way .. __________________ *One day, it just stops ticking, so enjoy every second* If you have no enemies, you have no character. Taking a stand always creates opposition. Paul Newman *“A life spent making mistakes is not only more honorable, but more useful than a life spent doing nothing.”*

9 June 2024, 07:03 PM	#3
Partekular "TRF" Member Join Date: Sep 2020 Location: Scotland Posts: 527	Well, that’s certainly a Grey Marketeer's view. There have been many reports of excellent Patek fakes on You Tube which even the experts have trouble identifying unless they take them apart. One doesn’t know if the trader is reputable, Grey, Black or a victim in ignorance, by accident or design Buying a stolen watch must be a nightmare once it’s caught by a service department as there is no refund available, just confiscation and total loss. You sound a bit complacent for my taste but I feel sure you mean well. During the bubble period flippers ‘Grey Dealers’, popped up like mushrooms. Buyer beware! Is the best approach and then some. Buying a modern PP model without papers is highly risky, another £2.8 million pounds worth of luxury watches stolen in London recently from 247 Kettles… Where will they be sold?

9 June 2024, 07:31 PM	#4
FrançoisCzapek "TRF" Member Join Date: Aug 2022 Location: Singapore Watch: Classic Pateks Posts: 282	don’t think we are talking about the same things here

10 June 2024, 12:48 AM	#6
FrançoisCzapek "TRF" Member Join Date: Aug 2022 Location: Singapore Watch: Classic Pateks Posts: 282	How would I get a discontinued model from an AD?

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