- May 30, 2013
- Reaction score
That seems very harsh if it's a first strike for the AD. Are they now expected to due diligence every buyer? And how do you reliably screen out potential flippers anyway?Interesting and tragic story:
Stopped by my AD today to put my name down on the “list” for the 6711 (unconfirmed reference number). Sadly, they’re losing Patek and now I’ll likely not get one - ever - unless I want to drop $100,000 or more with another Patek dealer or pay close to that for a secondary market Nautilus (will do neither).
Now... How’d they lose the account? That’s the real story. While monitoring secondary markets, as Patek and Rolex always do, Patek spotted a desirable Nautilus reference on a grey market dealer’a website. They traced the certificate and found out that my AD sold it to a customer days before. In other words, they caught a fucking flipper loser fuck, and now my AD is fucked, and my Patek expansion dreams along with it. I fucking hate flippers.