The Watch Thread - Part 7

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a562140

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lemania-speedmaster

t_04488d0n2OQSNqanDqoYB5l8UJFrlRCqpFSQBeTv6e=w764-h1207-no
 

arctuates

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How much is this device? Quite cool for no pinhole lugs

200-250ish SGD iirc? I wanted to buy it but the price put me off, ended up with the regular bergeon springbar tool. But I now regret not purchasing as it's fantastic for installing bracelets...
 

Thai_Rak_Thai

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Patek Philippe Reduces Prices in Americas, Raises Prices in Europe - Bloomberg Business

Patek Philippe has reduced the prices of its watches by 7 percent in the Americas, effective Feb. 10, in reaction to recent currency fluctuations in Europe and Switzerland. In addition to the Americas price decrease, Patek Philippe is lowering prices by 7 percent in Hong Kong, 5 percent in Switzerland, and 3 percent in Asia-Pacific markets. And it is raising prices by 5 percent in Japan and 7 percent in the rest of Europe, minus Great Britain, where they'll remain unchanged.

Since the Swiss National Bank lifted the currency cap on Jan. 15, the exchange rate between the euro and Swiss franc has plummeted to 1.048, well below the 1.20 rate defended by the former policy. This has caused the franc to surge double-digits against some currencies, swiftly making luxury watches from brands such as Patek Philippe significantly more expensive.

This is good news and bad news for watch collectors.

If you don't already own a Patek, getting into the game just became a little easier. If you're already a collector, your watches depreciated overnight. Many collectors buy a fine watch in the assumption that it's a good investment that will, at the very least, hold its value over time. If these price reductions have a negative impact on secondary market values over the long term, it could hurt Patek Philippe's reputation amongst collectors.

Swiss Franc Shockwaves

The newly announced price changes cover all main collection watches from Patek Philippe but will not affect the special edition 175th anniversary collection (including the $2.6 million Grande Master Chime) and ultra-high-end pieces such as minute repeaters and split-seconds chronographs. Current price changes are valid through June 2015, barring further currency changes. This was communicated to retailers in a letter from Patek Philippe Chief Executive Officer Thierry Stern dated Feb. 9.

In an official statement, Patek Philippe USA President Larry Pettinelli said: "Based on the unexpected decision of the SNB on January 15th not to defend the Euro at the 1.2 level, Patek Philippe was forced to make some difficult decisions regarding worldwide pricing. Pricing adjustments were made in an effort to protect retailers and our clients, and ensure there is less of a disparity between the global markets.” Patek Philippe declined to comment further.

During an interview at the 2015 SIHH tradeshow just a few weeks ago, A. Lange & Söhne CEO Wilhelm Schmid touched on the sensitive nature of moves like this. Said Schmid: "VIPs, of course, they're always concerned if we would consider, for example, a price decrease, because you damage their assets."
A. Lange & Söhne is a major competitor to Patek Philippe. Here, it holds the advantage of being based in Germany instead of Switzerland.
 

rachdanon

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this is so true.

one anomaly of the watch world is that we pay the same premium for watches globally, but the guys in europe get the best watchmakers and service value. e.g. detailed service reports, returned replaced parts, and very often free cleaning and polishing.

my policy is to keep rotating your watches, and don't send it in until you have to.

I'ved heard from accounts in WUS forums where the watch can be keeping time but the insides are grinding against each other and wearing out. ETA ok but in-house parts replacements may be more costly. I'd say send for servicing between 5 to 7 years? of course if one dives then the gaskets need to be checked more often. Thats all not from personal experience but from others.
 

rachdanon

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Not only rsc, swatch, richemont, melchers, lvmh all the same.

Basically all authorized service centres are crap,

My IWC went in to richmont but end up with a mark on the corner of the dial. Ask me to pay 950 bucks for the dial replacement. I refused n choose to live with it.

My omega po was screwed up by swatch after warranty servicing with a scratch in minute hand and dirt in dial. end up paying 100 to ship my watch to Beinne for repair . Still waiting for outcome.

My breitling has a scratch in the dial, second hands has oil stains after warranty servicing , sending in back soon.

My tudor black bay was send to rsc to remove dirt but end up with a even dirtier dial, crystal , one of the index is also scratched slightly. I send to a third party repair facility to remove the dirt. The scratch I live with it.

If u want I can recommend a third party repair facility to you , he does a much better job . Go google Horolab .

Sorry but I beg to differ and offer an alternative view. Its unfortunate that your experiences were bad but our individual experiences cannot statistically conclude they are all bad. For 1 bad experience voiced on online forums maybe 100 good ones are taken for granted and not reported. I'll not go into detail about mine with Swatch, LVMH and Panerai as again they are just my experiences out of thousands but they were ok. In fact one with LVMH for Tag Heuer bezel replacement back in Switzerland was beyond my expectations, I would say couldn't be better.
 

zzyzx

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How long did it take ABP from order to shipping?

this python strap take abt 3 weeks. i have another alligator strap i ordered on 28 dec till now still not shipped. that one got special custom instruction and maybe thats why.

This python strap was ordered after the alligator
 

zming0206

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Not only rsc, swatch, richemont, melchers, lvmh all the same.

Basically all authorized service centres are crap,

My IWC went in to richmont but end up with a mark on the corner of the dial. Ask me to pay 950 bucks for the dial replacement. I refused n choose to live with it.

My omega po was screwed up by swatch after warranty servicing with a scratch in minute hand and dirt in dial. end up paying 100 to ship my watch to Beinne for repair . Still waiting for outcome.

My breitling has a scratch in the dial, second hands has oil stains after warranty servicing , sending in back soon.

My tudor black bay was send to rsc to remove dirt but end up with a even dirtier dial, crystal , one of the index is also scratched slightly. I send to a third party repair facility to remove the dirt. The scratch I live with it.

If u want I can recommend a third party repair facility to you , he does a much better job . Go google Horolab .
How the fees like?
 

Spartanz.

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Sorry but I beg to differ and offer an alternative view. Its unfortunate that your experiences were bad but our individual experiences cannot statistically conclude they are all bad. For 1 bad experience voiced on online forums maybe 100 good ones are taken for granted and not reported. I'll not go into detail about mine with Swatch, LVMH and Panerai as again they are just my experiences out of thousands but they were ok. In fact one with LVMH for Tag Heuer bezel replacement back in Switzerland was beyond my expectations, I would say couldn't be better.

U did yr bezel replacement in Switzerland? I would say external replacements like bezel, bracelet etc they might be ok but internal issues I am not too sure.

But like wad many here have commented, I m too fussy :s13:, wad I see as a flaw might be ok with u guys.

Interestingly I have better experience with external party servicing . but that could be because my watches have easily serviceable movements.
 

patryn33

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Don't they have a form to record the scratches on the watch prior to the servicing? As such, we can verify against the form when we get back our watches. This is to safe guard the consumer as well as the service center.

I doubt it, maybe easier for U to document in front of them and make sure its entered into their system. Often times they issue a receipt, maybe can get them to document it on it.

I dont go to AD anyway my watchmaker outside does a better job.
 

rachdanon

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U did yr bezel replacement in Switzerland? I would say external replacements like bezel, bracelet etc they might be ok but internal issues I am not too sure.

But like wad many here have commented, I m too fussy :s13:, wad I see as a flaw might be ok with u guys.

Interestingly I have better experience with external party servicing . but that could be because my watches have easily serviceable movements.

Yes, probably because I insisted it was a quality control issue which needed HQ assessment. They replaced the bezel (quoted $500+ if I admitted to self wear and to replace in Sg), changed the crown and crown tube without me asking (apparently there was a known issue) and did routine servicing FOC within warranty. On top of that Renee the counter lady took pains to word exactly what I wanted on my statement. There was not enough space to key in and she even said she would get round it by handwriting in the extra words. Now was that stellar service or what! :s12:
 
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