The Watch Appreciation Thread - Part two (Rolex, Patek Philippe, Audemars Piguet, Jaeger LeCoultre,

[Omega Male]

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.

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?

 

[te0o]

What's the general opinion on the Longines Conquest Heritage? Looks very stylish with an alligator strap (and also quite affordable) as a more dressy option.

 

[an draoi]

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.

This story has set my tinnitus off again.

 

[dauster]

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.

I would reach out to patek (if you have a solid purchase history) - I have heard that some people got help when they lost their relationship due to AD losing status. I assume it needs to be more than a few pieces. But terrible situation - curious which AD it was - PM me please.

 

[double00]

so the AD did their job and sold a watch and patek didn't like what that customer did with their property? ok!

 

[dauster]

so the AD did their job and sold a watch and patek didn't like what that customer did with their property? ok!

well I think it's good that PP does something, even though not enough. the watches should go to someone who appreciates them and wants to wear them and no to flip - just my opinion your point of view is somewhat valid of course but in the crazy world of watches I dont want that to happen.

 

[George Red]

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?

Exactly. Losing Patek as an AD - any AD - is a tremendously consequential loss. These people are going to struggle to make that revenue up elsewhere. Guess I’m going to have to buy a lot more Jaeger.

 

[George Red]

I would reach out to patek (if you have a solid purchase history) - I have heard that some people got help when they lost their relationship due to AD losing status. I assume it needs to be more than a few pieces. But terrible situation - curious which AD it was - PM me please.

I may reach out to Patek. That’s not a bad idea.

 

[double00]

well I think it's good that PP does something, even though not enough. the watches should go to someone who appreciates them and wants to wear them and no to flip - just my opinion your point of view is somewhat valid of course but in the crazy world of watches I dont want that to happen.

haha ok well what if instead the customer mothballed that piece in a safe for 40 years? not to argue just trying to corner the notion

 

[dauster]

haha ok well what if instead the customer mothballed that piece in a safe for 40 years?

nobody can control that of course. but to be fair everyone knows there is a high chance of getting backlisted and Ad might lose status if people flip hot models, especially the hottest watch on the planet 5711. I wish the would do way more about flippers but I feel this debate has been discussed so often that I dont want to repeat it.

In the real world I agree with you

 

[George Red]

nobody can control that of course. but to be fair everyone knows there is a high chance of getting backlisted and Ad might lose status if people flip hot models, especially the hottest watch on the planet 5711. I wish the would do way more about flippers but I feel this debate has been discussed so often that I dont want to repeat it.

In the real world I agree with you

I have a solution. Implant tracking devices and explosive micro-chips on all AD cards. The moment Patek spots a 5711 floating around a secondary market ONE DAY AFTER THE AD POINT OF SALE, they can detonate the watch. Whoever dies, dies.

 

[dauster]

I have a solution. Implant tracking devices and explosive micro-chips on all AD cards. The moment Patek spots a 5711 floating around a secondary market ONE DAY AFTER THE AD POINT OF SALE, they can detonate the watch. Whoever dies, dies.

seems reasonable I like it hahahahahhah

 

[Texasmade]

seems reasonable I like it hahahahahhah

So does this guy

 

[George Red]

View attachment 1539615
So does this guy

That’s exactly what I had in mind. The punishment for flipping is death. Not negotiable.

 

[Phileas Fogg]

They probably didn’t screen the client well enough. Who knows. I’ll confess I don’t understand the ins and outs of the AD/brand relationship that well.