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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.so the AD did their job and sold a watch and patek didn't like what that customer did with their property? ok!
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.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?
I may reach out to Patek. That’s not a bad idea.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.
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.
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.haha ok well what if instead the customer mothballed that piece in a safe for 40 years?
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.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
seems reasonable I like it hahahahahhahI 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.
That’s exactly what I had in mind. The punishment for flipping is death. Not negotiable.View attachment 1539615
So does this guy
Probably don’t want to bother tracking and enforcing it.Dumb question - why don’t ADs or even Patek make sales contracts with a first right to purchase the watch back?
I know some dog breeders that do something similar where you need to surrender the dog to the breeder rather than a shelter or give to someone else
Probably don’t want to bother tracking and enforcing it.