Patek Bundling

[Chiboy]

Originally Posted by dardeca

I'm all for giving people the benefit of the doubt, but come on...the OP has over 100 posts and is not really new to this forum. It's impossible to not know the state of watch sales be it Patek, Rolex, AP, etc. The post was more likely a troll post than anything.

If the guy just joined the forum and this was his first post, then maybe...but this guy has been on this forum for 9 years.

Seems like just yesterday that if a first-time poster asked a question like this, he would be labeled a troll and everyone would mention how all these new accounts are always troll posts...

[vitalsigns]

This post delivered. Best post I've read here in a month. Thank you to the OP.

Some levity is always welcome :)

[Eyas]

Originally Posted by codecow

I was at dinner the other night with my former AD talking about the watch business these days. Many years ago they recalled having a 5712 sitting around for a long time and working a 3-5% discount to get it out of the case.

The current situation is good for those with existing relationships and terrible for anyone coming into the market.

Couple that with the price increases over the years and it makes it fairly difficult for a young collector starting out. You’d need a lot more money to get started.

It will be interesting to see how things develop in the future.

Agreed. As I understand it Aquanauts were introduced as an entry level piece and to attract younger first time buyers to the brand, so it's now ironic they are impossible for first time buyers. Maybe the "Cubitus" will now take the entry level steel slot ... who knows!

[fsprow]

Originally Posted by codecow

I was at dinner the other night with my former AD talking about the watch business these days. Many years ago they recalled having a 5712 sitting around for a long time and working a 3-5% discount to get it out of the case.

The current situation is good for those with existing relationships and terrible for anyone coming into the market.

Couple that with the price increases over the years and it makes it fairly difficult for a young collector starting out. You’d need a lot more money to get started.

It will be interesting to see how things develop in the future.

The reality is that many young collectors have lots of liquid assets.

[Calatrava r]

Just sell me all the good stuff Mr. AD in one fell swoop so I don't need to keep coming in.

Unfortunately, it does not work that way. A bundle is when you buy stuff you really do not want at full retail just to get on a list for a watch you may never get.

I would think you would need to buy several PP strap complicated watches and maybe other stuff to even be considered as a possibility to be put on the list for a 5740.

[codecow]

Originally Posted by fsprow

The reality is that many young collectors have lots of liquid assets.

Some do, but not from my profession.

If I was starting today it would be much harder I think.

[V25V]

Originally Posted by HMHM

You have a better chance of running into a Flying Unicorn that farts rainbow than getting a bundle of 5740 and 5811/5712.

That was funny.