Patek Philippe Details
Code
:6064
Movement
:Manual winding
Case Material
:Yellow gold
Condition
:0 (unworn)
:New
Location
:Belgium, Antwerpen
Price
:
2,600 (= $ 3,197)
Availability
Available immediately
Caliber
Movement
:Manual winding
Case
Case Material
:Yellow gold
Thickness
:9 mm
Glass
:Mineral Glass
Dial
:White
Dial numerals
:Roman numerals


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I hate what is going on in the luxury watch market. Its happening on the PP as well as Rolex marketplace. Demand is outstripping supply. Worse than I have ever seen before.So for example I buy a 5711 at an AD for $29K, msrp, I sell it to a reseller at $35-$40K, and they mark it up to around $50K. Just crazy! Even if I love the watch, its really hard to walk away form $5K, $6K or even more as an overnight profit. I don't have a remedy, but it makes even the most ardent collectors think about flipping. It's a viscous cycle.