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yessir69 · 12 April 2017, 12:04 AM

I really hate to see this. They've had the account for almost a hundred years. Apparently they're making deals. Call Joe McNaught at 405-232-8806. I've bought three from him. He's a great guy and easy to deal with.

Sent from my SM-G935T using Tapatalk

texex91 · 12 April 2017, 12:08 AM

Another PP AD bites the dust.

The new way of the world in the coming years unfortunately for many brands.

They probably have a few 5131's (w/ snow) in the safe :-)

thomaspp · 12 April 2017, 12:21 AM

Wonder what they have in stock! Vulture..... lol

JorgeCCW · 12 April 2017, 12:23 AM

Now all grey Dealers are calling like crazy BC Clark

KarlS · 12 April 2017, 12:40 AM

Small stock of 10 watches....already emailed lol

texex91 · 12 April 2017, 12:55 AM

Quote:

Originally Posted by KarlS

Small stock of 10 watches....already emailed lol

They have like 20--but not much.

Couple of 5960's, 5170 G, 5205R, 5146G and other misc things...

KarlS · 12 April 2017, 12:58 AM

Quote:

Originally Posted by texex91

They have like 20--but not much.

Couple of 5960's, 5170 G, 5205R and other misc things...

Yeah I ignored ladies....5170G white and 5940G caught my eye if bargain basement price. Let's see...

Jamie has a 5170G....so quite a toss up

texex91 · 12 April 2017, 01:01 AM

Quote:

Originally Posted by KarlS

Yeah I ignored ladies....5170G white and 5940G caught my eye if bargain basement price. Let's see...

Jamie has a 5170G....so quite a toss up

I bet Jamie isn't selling at $62,750.

BUT, you get 'free' leather goods...so there is always a trade off :-)

Passionata · 12 April 2017, 01:25 AM

do you think they lost the licence or just return it ?

texex91 · 12 April 2017, 01:29 AM

Quote:

Originally Posted by Passionata

do you think they lost the licence or just return it ?

Think based upon the letter (and trend in US with PP), that they lost it. PP is trimming down the AD's.

pp5575 · 12 April 2017, 02:07 AM

Quote:

Originally Posted by texex91

I bet Jamie isn't selling at $62,750.

BUT, you get 'free' leather goods...so there is always a trade off :-)

Are you talking about my Ad when you mention Jamie?

texex91 · 12 April 2017, 02:09 AM

Quote:

Originally Posted by pp5575

Are you talking about my Ad when you mention Jamie?

I don't know your AD. Is his name Jamie?

I was referring to Karl's AD.

thomaspp · 12 April 2017, 02:15 AM

It's sad to hear of ADs closing, but frankly in today's market where Pateks regularly sell for 20-40% off BNIB and 50% and more off pre-owned, it may not be a bad thing to shutter a few doors here and there.

AP has opened a bunch of locations here in South Florida as of late, and it seems they are now everywhere.... doesn't bode well in my opinion when the illusion of limited supply goes bust

pp5575 · 12 April 2017, 02:18 AM

Quote:

Originally Posted by texex91

I don't know your AD. Is his name Jamie?

I was referring to Karl's AD.

My Ad is Jamie too.

Jetkopite · 12 April 2017, 02:19 AM

Quote:

Originally Posted by pp5575

My Ad is Jamie too.

My AD is Jamie too

texex91 · 12 April 2017, 02:20 AM

Quote:

Originally Posted by pp5575

My Ad is Jamie too.

What a coincidence

pp5575 · 12 April 2017, 02:33 AM

Quote:

Originally Posted by Jetkopite

My AD is Jamie too

Jamie is a so popular name for Patek AD.

KarlS · 12 April 2017, 03:04 AM

Quote:

Originally Posted by pp5575

Jamie is a so popular name for Patek AD.

Brian I think your Jamie needs to replace my Jamie! I get coffee, you get swag! Boodles Sloane has a 5170G in the window

pp5575 · 12 April 2017, 04:28 AM

Quote:

Originally Posted by KarlS

Brian I think your Jamie needs to replace my Jamie! I get coffee, you get swag! Boodles Sloane has a 5170G in the window

Karls: Do you go to London very often? You can visit my Jamie and see how you like my Jamie.

codecow · 12 April 2017, 06:27 AM

Just for the tally my AD is not Jamie.

de66 · 12 April 2017, 07:11 AM

Quote:

Originally Posted by codecow

Just for the tally my AD is not Jamie.

Mine isnt even in London

AK797 · 12 April 2017, 08:02 AM

Mine in Boodles Royal Exchange hates that Sloane Ranger.

texex91 · 12 April 2017, 08:03 AM

Quote:

Originally Posted by AK797

Mine in Boodles Royal Exchange hates that Sloane Ranger.

jon_jon · 12 April 2017, 08:26 AM

Somewhat sad but not surprised that Patek is consolidating the number of ADs and the smaller ones are being cut. It is probably difficult to sell some of the higher end Pateks in small/mid sized cities.

pp5575 · 12 April 2017, 08:31 AM

Quote:

Originally Posted by jon_jon

Somewhat sad but not surprised that Patek is consolidating the number of ADs and the smaller ones are being cut. It is probably difficult to sell some of the higher end Pateks in small/mid sized cities.

It is true. It is hard to sell higher end Pateks in small cities.

Lordofrolex · 12 April 2017, 08:35 AM

Is PP cutting ties with these smaller dealers or are the dealers cutting ties with them. Due to the high price to keep the authrozied distribution rights and not enough inventory being sent to the AD to sell or not enough of a market to sell enough.

pp5575 · 12 April 2017, 08:36 AM

Quote:

Originally Posted by AK797

Mine in Boodles Royal Exchange hates that Sloane Ranger.

Forgive my poor English. What does this means?

Defiancekofb · 12 April 2017, 08:58 AM

Hmmmmm smells like Patek is going to start creating their own boutiques a la Audemars Piguet, A. Lange & Sohne, etc.

And yet every small town Patek AD that I have called for a 5711 has stated they only sell it to their premiere/big spending customers.

jon_jon · 12 April 2017, 10:09 AM

Quote:

Originally Posted by Lordofrolex

Is PP cutting ties with these smaller dealers or are the dealers cutting ties with them. Due to the high price to keep the authrozied distribution rights and not enough inventory being sent to the AD to sell or not enough of a market to sell enough.

It is probably Patek cutting the ties. For smaller family-owned watch stores, having a Patek or a Rolex dealership is like having a crown jewel. It raises their prestige and they will do what they can do keep the authorized dealership. They are often asked to renovate their stores and build a special section dedicated to Patek or Rolex. If the smaller AD do not have a large base of clients with disposable income, they will struggle to sell the higher-end watches and may even struggle with paying the bills. This is certainly a generalization, but was definitely true with many watch and jewelry stores closing shop during the Great Recession.

jon_jon · 12 April 2017, 10:12 AM

Quote:

Originally Posted by AK797

Mine in Boodles Royal Exchange hates that Sloane Ranger.

Quote:

Originally Posted by pp5575

Forgive my poor English. What does this means?

He is probably saying Boodles employees working at the Royal Exchange location do not get along well with the Boodles employees working at the Sloan Street location. Even though salespeople work for the same organization, they will often have rivalry between store locations.

12 April 2017, 12:04 AM	#1
yessir69 2025 Pledge Member Join Date: May 2011 Real Name: Kevin Location: Tornado Alley Posts: 3,307	My local AD just lost Patek I really hate to see this. They've had the account for almost a hundred years. Apparently they're making deals. Call Joe McNaught at 405-232-8806. I've bought three from him. He's a great guy and easy to deal with. Sent from my SM-G935T using Tapatalk

12 April 2017, 12:21 AM	#3
thomaspp "TRF" Member Join Date: Dec 2010 Location: N/A Posts: 11,137	Wonder what they have in stock! Vulture..... lol __________________ Instagram: @watches_anonymous

12 April 2017, 12:23 AM	#4
JorgeCCW "TRF" Member Join Date: Jul 2013 Real Name: Jorge Location: Ohio, USA Watch: Rolex,Patek and AP Posts: 4,717	Now all grey Dealers are calling like crazy BC Clark __________________ -------------------------------------------------------------------------------------------------------------------------------- "Nothing happens until something moves " Albert Einstein

12 April 2017, 01:25 AM	#9
Passionata "TRF" Member Join Date: Mar 2011 Location: N/A Watch: the girls Posts: 7,095	do you think they lost the licence or just return it ? __________________ Best George "Also remember that feet don't get fat and a watch will always speak volumes." Robert Johnston --------------------- newhttps://youtu.be/EljAF-uddhE new http://youtu.be/ZmpLoO1Q8eQ IG @passionata1

12 April 2017, 02:15 AM	#13
thomaspp "TRF" Member Join Date: Dec 2010 Location: N/A Posts: 11,137	It's sad to hear of ADs closing, but frankly in today's market where Pateks regularly sell for 20-40% off BNIB and 50% and more off pre-owned, it may not be a bad thing to shutter a few doors here and there. AP has opened a bunch of locations here in South Florida as of late, and it seems they are now everywhere.... doesn't bode well in my opinion when the illusion of limited supply goes bust __________________ Instagram: @watches_anonymous

12 April 2017, 12:08 AM	#2
texex91 "TRF" Member Join Date: May 2007 Location: . Posts: 17,898	Another PP AD bites the dust. The new way of the world in the coming years unfortunately for many brands. They probably have a few 5131's (w/ snow) in the safe :-)

12 April 2017, 12:40 AM	#5
KarlS Banned Join Date: Nov 2015 Real Name: Karl Location: Kuwait Posts: 5,228	Small stock of 10 watches....already emailed lol

12 April 2017, 06:27 AM	#20
codecow 2025 Pledge Member Join Date: Feb 2013 Real Name: Louis Location: Bay Area, CA Watch: Le Mans Posts: 5,473	Just for the tally my AD is not Jamie.

12 April 2017, 08:02 AM	#22
AK797 "TRF" Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,369	Mine in Boodles Royal Exchange hates that Sloane Ranger.

12 April 2017, 08:26 AM	#24
jon_jon "TRF" Member Join Date: Mar 2009 Location: USA Posts: 4,366	Somewhat sad but not surprised that Patek is consolidating the number of ADs and the smaller ones are being cut. It is probably difficult to sell some of the higher end Pateks in small/mid sized cities.

12 April 2017, 08:35 AM	#26
Lordofrolex "TRF" Member Join Date: Sep 2015 Real Name: Brandon Location: Los Angeles, CA Watch: Yes Please! Posts: 6,691	Is PP cutting ties with these smaller dealers or are the dealers cutting ties with them. Due to the high price to keep the authrozied distribution rights and not enough inventory being sent to the AD to sell or not enough of a market to sell enough. __________________ Rolex GMT Master II 116710LN Panerai PAM 359 Audemars Piguet RO 15300OR Follow me on Instagram: @b_jakobovich

12 April 2017, 08:58 AM	#28
Defiancekofb "TRF" Member Join Date: Dec 2007 Location: US Posts: 1,999	Hmmmmm smells like Patek is going to start creating their own boutiques a la Audemars Piguet, A. Lange & Sohne, etc. And yet every small town Patek AD that I have called for a 5711 has stated they only sell it to their premiere/big spending customers.

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