It would be very surprising if Patek didn’t raise their prices 20-30% over the next 5 years on their core, very hard to get special editions.
There are articles all over the internet that talk about how luxury manufacturers are lowering their supply creation on the basis that people will wait longer for a quality product.
They are going for quality over quantity.
Over the past 10 years we have been in a revolution of creation.
That is over.
We are now in a revolution of quality
And a revolution of division of wealth that has been greater than we’ve ever seen in history.
Meaning there are people buying things that are 5x higher than MSRP and they don’t care.
And there are other people that can’t afford to buy the base of it.
Manufacturers have realized that competing with a product and putting out a product that isn’t exciting isn’t going to get them anywhere.
So you’re going to see this shift coming
The right watches continue to be incredible investments for wealth transfer, asset security and tax efficiency
Patek is among the best and always will be for this purpose
I know for a fact that the Patek Philippe line of watches are incredibly undervalued at $100k.
By ERICH WOLTERS
