No, I believe Patek/Henri Stern Agency kept it.
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The Watch Appreciation Thread (Reviews and Photos of Men's Timepieces by Rolex, Patek Philippe, Breitling, JLC etc...) - Page 2936post #44026 of 483126/4/15 at 11:13ampost #44027 of 483126/4/15 at 11:35amQuote:Originally Posted by suaviter
I am waayyyyyy behind on this thread as I've been super busy.
QUICK PSA ---
make sure your watches are appraised and your insurance is all kosher gents -- took an alarming call from a housemate last week as our place had been broken into.
They got my Pam and Speedy -- luckily I somehow had my two Rolexes with me (and they left my vintage Omega 3 hander).
Just getting started with the insurance process so let's all keep our fingers crossed.
Much love to all the TWAT fam!
that's rough. I definitely need to start thinking about putting my watches in a less obvious place. Did you have your watches scheduled on your insurance?post #44028 of 483126/4/15 at 2:13pmAll this talk about repairs, I'm wondering: to have my 3445 serviced, I should just take it to.an AD? It's not been serviced since I inherited it, but worn very sparingly. Keeps time fine, but the crystal had shattered and was replaced by acrylic years back because a family member (not a watch person) got sticker shock from the sapphire replacement cost. Will this be an issue?post #44029 of 483126/4/15 at 3:26pmpost #44030 of 483126/4/15 at 3:33pmMe too Suav… I had half my vintage watches stolen a couple years ago. Recouped about 60% through insurance but the others were a loss…. including a very nice piece that was my grandfather's … invaluable. Stealing is for pos assholes.post #44031 of 483126/4/15 at 3:51pmQuote:Originally Posted by PartagasIV
All this talk about repairs, I'm wondering: to have my 3445 serviced, I should just take it to.an AD? It's not been serviced since I inherited it, but worn very sparingly. Keeps time fine, but the crystal had shattered and was replaced by acrylic years back because a family member (not a watch person) got sticker shock from the sapphire replacement cost. Will this be an issue?
Bring it or send it to a service center. The AD is just a middle man. Most ADs are reputable and will send the watch to an official service center, but years ago there was one AD for some very high end brands (former PP, AP, VC, IWC, JLC, Rolex dealer), who used to send some pieces to a local watch maker, bill clients as though it went to a factory service center, and then he would pocket the difference. So that has made me a little less trusting of the idea of bringing a watch to a local AD to send it for a service. Also, even if it were a place that still has a certified watch maker on the premises, I want my watch going to an official service center. The official service centers generally have certain machines available that the local guy does not have, particularly if someone wants to have a watch refinished to removed scratches (Although I generally advise against refinishing unless the watch is in really rough shape).
Most companies will replace the crystal and any other non-correct to your watch parts, provided you pay for it. Companies such as Rolex refuse to work on a watch that has been modified unless the owner agrees to return it to the correct specs using Rolex parts.post #44032 of 483126/4/15 at 3:58pmpost #44033 of 483126/4/15 at 6:24pmQuote:
IIRC the "Extract from the Archives" is a separate charge, but they should be able to evaluate the watch get whatever information they need to research it when the watch goes in for a service. I'm not sure how long it takes to get the archive extract, although I imagine it takes longer to obtain if its an older watch from back in the day's before they logged things in with a computer. Good luck and keep us posted on what the details are with getting the extract.post #44034 of 483126/4/15 at 6:43pmQuote:
Obtaining the Extract from the Archives can certainly be coursed through HSWA. But you can also order it directly from the patek.com website:
But if you're going to go to HSWA anyway, might as well have them do it for you!post #44035 of 483126/5/15 at 5:31amQuote:Indeed, although there was no external shock or damage involved, there was substantial internal wear in the ultra-thin movement and it needed extensive replacement of parts. This was a surprise to the previous owner, since the watch seemed to be running normally when he brought it in for a routine service. The repair was disclosed to my friend when be bought it; in fact, it was the reason for the sale. This reminds me of the situation with your restaurant-owning friend who sold his daily-worn high-end watch due to its repair demands.Originally Posted by Dino944
I will say a repair bill of $6,000 USD, is way out of the norm for a time only/date watch even from the "Holy Trinity." To me that is something that might suggest the watch was damaged. I have heard of a repair bill something in that vicinity which involved an AP Offshore Chronograph that was damaged by the owner. The owner wore it to a beach, but did not want to get sea water/sand etc to get on it (No idea why he wore it to the beach if that was a concern). So he sort hid it in his other stuff with his towel. Apparently, he forgot about his Offshore packed his stuff up and as he got to the parking lot and shook out his towel to get rid of sand...launching his watch upward and it eventually landed on concrete, damaging the bezel, the crystal, a pusher and movement. I guess that was a bit more shock than it could handle.
I have to wonder if some buyers assume that more expensive watches are more reliable. It seems unlikely that every dealer would be eager to point out the potential expense involved in keeping horlogerie-grade movements running to prospective clients.post #44036 of 483126/5/15 at 7:41amQuote:Originally Posted by Belligero
This reminds me of the situation with your restaurant-owning friend who sold his daily-worn high-end watch due to its repair demands.
I have to wonder if some buyers assume that more expensive watches are more reliable. It seems unlikely that every dealer would be eager to point out the potential expense involved in keeping horlogerie-grade movements running to prospective clients.
Actually, the restaurant owning friend had a Nautilus. It was the rough environment of the restaurant kitchen banging it against ovens, pot/pans, and other hard objects when things were at their busiest that was just too much for it. He said it just wasn't up to the task of how often it took hard knocks against metal objects and it would have to go back for repairs once or twice a year because it would stop running.
$6,000 is still pretty extreme and well beyond normal, so its not something one would probably anticipate. However, I agree that with most buyers and dealers there is little discussion about service or service costs. I also think many owners are also a bit naive when it comes to watches or anything related to them. I've heard people complain and say Rolex is overpriced and that their 25 to 30 year Datejust (which has never been serviced) keeps terrible time, and that the service center wanted $X amount to service it. I'm guessing they aren't driving a 25-30 year old car that has never been in for an oil change or service, yet that is what some expect of a watch. I even recall being at a former Rolex AD when a client was there and was irate to discover dropping his Rolex from a counter onto a tiled floor (a height of say 4-5 feet), resulting in a cracked sapphire synthetic crystal is not covered under the warranty. If a person bought a car and accidentally hit something denting it, most people would not expect Ford, BMW or whatever car company to cover the dent under warranty. Based on the above, it seems there are plenty of unrealistic buyers/owners who think a watch should go working forever with little or no cost to own other than the purchase price.
Edited by Dino944 - 6/5/15 at 8:33ampost #44037 of 483126/5/15 at 7:57ampost #44038 of 483126/5/15 at 8:15amQuote:
Well, not sure if its any consolation, but this was years ago, before the Nautilus was a coveted offering from Patek. Back then it was considered an ugly duckling by many Patek purists and you could buy them from ADs all day long at 30% off MSRP (which was under $10K). Not sure if that makes it easier to tolerate.post #44039 of 483126/5/15 at 8:38ampost #44040 of 483126/5/15 at 8:46am
Many years ago my Dad bought one on sale at an AD for 50% off. It eventually got traded toward another watch. It may seem hard to believe, but yes there was a time no one wanted them. The renewed interest and love for them was based on speculation that Patek wasn't going to make any more steel watches...which we all know did not happen.
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