How we should buy a Patek Philippe Nautilus with SRP!?

The auction route isn’t much easier. Patek Philippe easily beats all other fine watchmakers when it comes to record-setting hammer prices, and pieces continue to appreciate in value, as much as 100 times the original price. It’s estimated that less than one million watches have been produced since the company was founded over 175 years ago, whereas Rolex makes close to one millions watch within the years 2006. Even Rolex has reduced their production volume. Rolex still produces as many as 700,000 watches in 2017.

This making Patek Philippe watches among the rarest timepieces on the market. 

Of course, with all the hoop-jumping required to buy the real thing, there is some fake stuff in the market. We will cover this topics in next post. 

Buying a Patek Philippe is a life time investment. I must take it seriously..

Buying a Patek Philippe watch isn’t simple as just you have the money or a black diamond credit card.  

Of course if you are those super rich persons, you don’t have to read this article as you can buy anywhere with you money paying at the market price. 

I am talking about buying those hot model at SRP (suggested retail price).

Hot Model is Nautilus or Aquanaut such as Ref 5711/1A-001, 5712/1A-001, 5990/1A-001, 5986A… stainless steel models. 

The market situation is so hot that we normally have to wait for years to get one of these watches at the Patek Philippe Boutique.  

Last year yesterday this time I went to Geneve Patek Philippe, the senior sales executives told me that a local Swiss had to wait for 7 years for a Patek Ref 5712/1A-001.

It is time to line up for a Patek for your Son!! LOL. 

Patek steel sport watches is somewhat similar to Rolex Daytona Steel model. Market price is over 2X of the SRP! 

So for example a Rolex Daytona Ceramic Ref 116500LN SRP is $97,600 but normally you can only get one at the market with HK$188,000 or more for the white *1. 

Patek most sought after steel model like Ref 5712 SRP is HK$298,740, but market price is about $500,000-$700,000. 

For the most intricate styles, called Grand Complications, or the popular Nautilus and Aquanaut sport models, potential buyers must submit to an application process. The Stern family, which has owned the company since 1932, reviews each application to judge whether a prospective owner has a proven track record with the company and appreciates the fine craftsmanship of each timepiece. 

In Hong Kong, only known few of my friends had successfully bought a Nautilus Ref 5712 and Ref 5711 with SRP. 

These are the list of the preferred name that Patek would give the watch with higher priority. 

University professor

Doctors

Movie Star

Successful Business man

Banker

Political Figures

Scientist

Senior Position in a Public listed company

Successful individuals

*2 

Hints

No need to be acting as a Patek Expert in front of the sales to please them.Some of us may know more than they on the watches, but they are the one to write up some points to send to the head office for recommendation. Just act normal, purpose is to buy a Patek Watch! 

The name card is the key, but you cannot borrow your CEO’s name card to go as when they call, they will call the number on the card. When you buy, you must be the real card holder. 

You leave your name card at one Boutique will do, no need to go to other boutique. 

My suggestion is really make up a touching story to influence the salesman to tell this is your watch intented to buy, use and pass to your son in future… 

They hate Dealer, if they smell you are the dealer, there is no more offer for you. 

I know one Patek Collectors who has over 100 Pateks and every time he gets the watch he wants at Boutique as everyone knows him he buys and he appreciates the watch, and never sell out… So these are the people Patek likes to do business with. 

The process is to leave you name card at any Patek Philippe shop written the model you want, our suggestion is to put maximum three models. 

They will submit to the general Manager in the Hong Kong head office to evaluate if they would sell it to you. 

Normally you should get a call from the Boutique within three weeks. 

Patek Philippe is still family-owned company. The independence for unlimited freedom and passion on design. Highly tradition and retaining good values.

Start to do your research and purchase a Patek for you and your family members now! 

All Patek Philippe timepieces are always a classic! 

This is an article that I think it may be helpful for you to get a Patek hot model at SRP, there are already three persons we know get the watch they want by leaving his name card at Patek Boutique within the last 5 months in Hong Kong. 

Everyone is happily bringing his holy grail home… !

Special Reminder, Nautilus Ref 5712-1A is really quite thin and if your wrist is big you might find that watch is too thin for you, at that time, call me and I buy from you.
Remarks

*1 Price of Today 14 April, 2019.

*2 Patek Never have announced that there is a list of preferred customer officially. 

Price listed here is HKD  

HK Snob  

PS
Address The Hour Glass Landmark - Patek Philippe Hong Kong Official Retailer

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the Landmark, G/F Shop.G64, 14 Des Voeux,Central

10:00- 19:30
Tel:  ： 2522 0262 

The Patek Philippe (Hour Glass)  (on the right side of Holiday Inn Golden Miles Hotel
63, Nathan Road,
10:00-21:30

Tel :2723 2181