18th October 2022 New Release Thread - here it is

[dlmypr]

Originally Posted by uniqueMR

5811 or 5990: cannot decide!!
I guess will take both ;)

=)) I wish I would also have the option to get both, I went with 5990, I was the first in my AD's list but I am sure I will not be the first one getting the watch

5811 got quite a lot of attention, the list is longer, that the info I got.
I was very surprised about the Aquanaut, had different expectations.

[LJubel328]

Originally Posted by uniqueMR

https://robbreport.com/style/watch-c...es-1234761182/

Its interesting and well done:

“I (Stern) will never be able to stop the whole process [of flipping], but we have been tracking quite a few pieces, and for the retailers, if they don’t give me the right answer, if I see that he was part of the game, too bad for him because he may lose Patek Philippe,” he said. “And I think that today they know that it will be sad to lose Patek Philippe.”

“We are buying a few hundred pieces every year from the market, from Chrono24 and all of those websites. We look at the numbers on the movements and we know who bought them and which retailers sold them. So I will go and see the retailer and say, ‘Hey, by the way, I found this watch on Chrono24. We delivered this watch two weeks ago to you. So tell me now who was the client to whom you sold this piece?’ And then we will have a discussion.”

This is probably a non-consensus question here but I wonder (as I assume other current clients "working" towards sought-after pieces are) how much of this statement is factual vs. virtue signaling.

As to the release, I love the world timer and 5204r - though I have given up any hope of being allocated any additional pieces to my collection.

[Mini2]

Originally Posted by LJubel328

This is probably a non-consensus question here but I wonder (as I assume other current clients "working" towards sought-after pieces are) how much of this statement is factual vs. virtue signaling.

As to the release, I love the world timer and 5204r - though I have given up any hope of being allocated any additional pieces to my collection.

If you have a 'IN' you have a chance. Prior spend etc but if you are average Joe just walking in the door the day of getting a Patek sports is not here.......Yet
The perks I guess with Patek is they are not heavily geared to borrowing and not under any pressures from 'shareholders' to churn out stock to put a smile on there faces by way of profit.

Markets can easily be manipulated by way of limitin/ strangling supply

[uniqueMR]

Originally Posted by dlmypr

=)) I wish I would also have the option to get both, I went with 5990, I was the first in my AD's list but I am sure I will not be the first one getting the watch

5811 got quite a lot of attention, the list is longer, that the info I got.
I was very surprised about the Aquanaut, had different expectations.

I went with 5811. ETA this year, hopefully !!!

I do have 5990 but black/gray dial. I will hold down to next year for 5990 blue :)

[Armis]

Originally Posted by uniqueMR

I went with 5811. ETA this year, hopefully !!!

I do have 5990 but black/gray dial. I will hold down to next year for 5990 blue :)

I always wondered about this, whether people with a certain Nautilus model would want to by the same piece if it came with a different dial color. The 5726a is an example, but certainly different enough given the black/grey dial is on a strap. However, both 5990 models are on bracelet. Personally, I don’t see it as redundant, but others may. On a similar note, I wonder if an AD would be willing or ’allowed’ to allocate someone two pieces that are otherwise the same. Likely depends on the AD…and how strong is the client.

[321Forever]

Originally Posted by uniqueMR

Patek did close out many ADs in states and worldwide. Especially last year. In states we are down to 59.

It’s probably a complicated decision to make. If it’s a dealer where they have no history of this kind of problem then it’s probably easy to tolerate it. For a dealer with multiple episodes, it may be easier to end the relationship. However, it might be quite challenging with a sole dealer in a particular country or with a very successful dealership with a long history.

[LJubel328]

Originally Posted by Mini2

If you have a 'IN' you have a chance. Prior spend etc but if you are average Joe just walking in the door the day of getting a Patek sports is not here.......Yet
The perks I guess with Patek is they are not heavily geared to borrowing and not under any pressures from 'shareholders' to churn out stock to put a smile on there faces by way of profit.

Markets can easily be manipulated by way of limitin/ strangling supply

It has been insinuated with my AD that if I don’t consistently spend money I will not be allocated pieces—sought after pieces or just a regular Calatrava. (This is also after a number of Patek purchases.)


Frankly, this has put a sour taste in my mouth and I have moved on to other brands where I’m don’t have to bend over backwards. This doesn’t mean I dislike Patek, quite the opposite—they produce marvelous pieces and I love the pieces I have. I’ve just come to realize I may not be their target demographic who pays to play.

Though I have noticed a shift in my AD over the past month. All of a sudden texting me quite a lot offering pre-owned inventory. It’s quite apparent they are sitting on pre-owned inventory they overpaid for and trying to offload it. My guess is a lot of their clientele are no longer buying with the hope of the. being allocated a sports model. I sense there is a reversion to the mean happening, maybe my 5226 or the new world timer will appear after all


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[samuel019]

Originally Posted by Partekular

https://robbreport.com/style/watch-c...es-1234761182/

Explains thinking of Thierry Stern re 5811 WG.

I like the part where he says “we buy a few hundred pieces” a year.

Wish Rolex and others gave a damn like this but the ratios don’t compute. Harder I guess when you make a million versus what, 60k?

[kaiserphoenix]

Originally Posted by LJubel328

It has been insinuated with my AD that if I don’t consistently spend money I will not be allocated pieces—sought after pieces or just a regular Calatrava. (This is also after a number of Patek purchases.)


Frankly, this has put a sour taste in my mouth and I have moved on to other brands where I’m don’t have to bend over backwards. This doesn’t mean I dislike Patek, quite the opposite—they produce marvelous pieces and I love the pieces I have. I’ve just come to realize I may not be their target demographic who pays to play.

Though I have noticed a shift in my AD over the past month. All of a sudden texting me quite a lot offering pre-owned inventory. It’s quite apparent they are sitting on pre-owned inventory they overpaid for and trying to offload it. My guess is a lot of their clientele are no longer buying with the hope of the. being allocated a sports model. I sense there is a reversion to the mean happening, maybe my 5226 or the new world timer will appear after all


Sent from my iPhone using Tapatalk

Yes, phase 1) was you need X$ to get desireable watches.

Now it seems we are on phase 2) where now you need to spend X$, every year or fairly consistently like a very expensive Netflix subscription in order to receive desireable watches.

In addition as it gets more and more difficult to sell watches on, I feel like watch brands are perhaps being too aggressive and too hopeful for a booming economy to last like that.

[Mini2]

Originally Posted by samuel019

I like the part where he says “we buy a few hundred pieces” a year.

Wish Rolex and others gave a damn like this but the ratios don’t compute. Harder I guess when you make a million versus what, 60k?

Id take that with a pinch of salt
60000 units made a year and buy back 1% hmmmmm

[Russell996]

Originally Posted by Mini2

Id take that with a pinch of salt
60000 units made a year and buy back 1% hmmmmm

It's actually a lot more than 1%, there are only certain models they care about and then only the ones that come to market very quickly after launch.
It's a case of carrot and stick.

[Mini2]

Originally Posted by Ichiran

I was at ION Singapore.



My pleasure J
I didn't handle the watches and I only saw them through the display case. Re the 5712/1R, I'm certain you will love it. The warm RG aesthetics and the whimsical layout on the brown dial are quite a killer combi. Hope you get yours soon

Nice that the display watches are already out for people to see
They must all be at the salons too!

[Mini2]

Originally Posted by Russell996

It's actually a lot more than 1%, there are only certain models they care about and then only the ones that come to market very quickly after launch.
It's also a case of carrot and stick.

One that's don't hold value they don't care about
Only ones where they have made a profit already but annoyed the buyer is making a far greater profit than them

[dannyp]

Originally Posted by samuel019

I like the part where he says “we buy a few hundred pieces” a year.

Wish Rolex and others gave a damn like this but the ratios don’t compute. Harder I guess when you make a million versus what, 60k?

And now we know where all the profits are going . This was my favorite line, by the way:

"Not just to make more money to be happy, but to make more money for my shareholders—of course, I don’t have shareholders"

[Russell996]

Originally Posted by Mini2

One that's don't hold value they don't care about
Only ones where they have made a profit already but annoyed the buyer is making a far greater profit than them

Well of course, who flips a piece at a loss.

On the contrary, they like pieces making huge profits on the secondary - that's what drives the AD demand.

[Mattt]

I've been daydreaming of a 5980 re-release in steel to use as a weekend warrior. I wasn't that far off...

I already have a 5960 in steel but the Chrono pushers are too hard and I'm not much of a fan of them.

Great release overall and seems like everyone is happy. On the darker side of the moon, AP released some skittle-looking royal oaks. What were they thinking?

[slim]

I wish an AD would put me on a list, I don't mind waiting 1-5 years for a 5712r/5811 or 5980. =(

[Wazen]

I.ve been on the wishlist for the 5740 for 2 years. Do i have any interest to request my AD to shift to the 5811 or better to wait for the pc? Thanks for your advice.

[macrowatch]

Originally Posted by Wazen

I.ve been on the wishlist for the 5740 for 2 years. Do i have any interest to request my AD to shift to the 5811 or better to wait for the pc? Thanks for your advice.

Of course you would know your AD better than me, but personally I'd get 5740 over 5811 especially now since in same metal anyways. But I also love complication for the sake of complications so...heavily biased!

[dmash]

Any word on the 96 replacement? It's all I ask for over here.

[Ichiran]

Video of the new 5935A, a new favorite of some members here

[Mini2]

Wonder why its a 41mm and not 39.5

[Vasco]

Originally Posted by Mini2

Wonder why its a 41mm and not 39.5

They changed the proportions. Before it was a rather unusual small but thick watch proportions while now it's a more standard look. +1.5mm in width and (very slightly) thinner (12.75 vs 12.86 mm). Hence the change in reference number. I believe it is dedicated to larger wrists and many clients who prefer bigger watches than 39.5 for a thick watch.

[Nicof]

Originally Posted by Ichiran

Video of the new 5935A, a new favorite of some members here

Damn so lug to lug is around 50mm. Not sure I can pull that off, definitely still want to try it on though.


Sent from my iPhone using Tapatalk

[HJZS2K]

Originally Posted by Ichiran

Video of the new 5935A, a new favorite of some members here

I love this new reference. That dial is amazing. Debated over the 5930 literally a few weeks ago and this one just fuels that desire.

[bobernet]

Originally Posted by HJZS2K

I love this new reference. That dial is amazing. Debated over the 5930 literally a few weeks ago and this one just fuels that desire.

I say, “go for it!” The 5930 is a fantastic travel watch, and a fun set of complications at home, too. Easy to wear casually.

[raclaims]

I love my blue one but always wished it was a little bigger so I’m thrilled to see the larger footprint

[QuelleHeureEstIl]

Originally Posted by bobernet

I say, “go for it!” The 5930 is a fantastic travel watch, and a fun set of complications at home, too. Easy to wear casually.

You have such an incredible collection and taste. Félicitations!

[Ichiran]

AD informed that there is a display 5811 in store and I brought along my 5711 for a comparison. The blue of the 5811 is more bluish compared to the 5711. I have attached side-by-side pics below and I'm sure you can tell which one is the 5811. The 1mm diameter difference is not noticeable to me on the wrist.

IMG_20221022_124137_(1080_x_800_pixel).jpg

IMG_20221022_124143_(1080_x_800_pixel).jpg

Wrist shot of 5811
IMG_20221022_124151_(1080_x_800_pixel).jpg

5712
IMG_20221022_124159_(1080_x_800_pixel).jpg

Group shot
IMG_20221022_124230_(900_x_700_pixel).jpg

[Ichiran]

The dial colour of the 5935A is beautiful. However my phone can't capture the hue that my eyes see. This is the closest shade I can get.

IMG_20221022_125425_(1080_x_800_pixel).jpg

I thought the 5990 is quite underwhelming.

IMG_20221022_125435_(1080_x_800_pixel).jpg

There is neither 5204, 5373 nor rainbow Aquanaut in store. If I can only choose 1 out of this group of new releases, it will be the 5811. The AD said the 5712 is more popular though but I like the 5811 more.