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Retailers face an operational and emotional nightmare as flippers target them for watches with instant six-figure profits.
Thierry Stern says the company tries to avoid selling to people who will flip the watches, but it's not easy to control.
Monaco auctioneer will test the market for the 2021 5711/1A steel Nautilus with a reserve price of €50,000 to €150,000.
A switch from blue to a green dial for Patek Philippe's hottest 5711 steel sports watch has taken none of the heat out the market, in fact it is much, much worse.
First looks at the pictures, prices, style and features of the 2021 family of Patek Philippe Nautilus watches.
Authorised retailers will receive the replacement watch in 2021, WatchPro was told today.
Plan is for a boutique-only reference sold solely through Patek Philippe-owned showrooms in London, Geneva and Paris.
Exclusive data provided to WatchPro from Chrono24 shows the power of internet rumors in driving up prices for Patek Philippe's 5711/1A-010. The legendary unicorn watch...