The people who run Patek Philippe are the biggest hypocrites on earth. 9 out of 10 clients they sale too are watch flippers. 90 percent of the watches they make are sitting on shelves at grey market dealers collecting dust. How did all these watches get there. If they really were serious about not wanting people to flip their watches they should require proof that a previous buyer is not selling the watches they previously purchased. Yeah they’ll never do that. Sly can buy any watch he wants. He has the money so it’s only a matter of price.
Hi Brendan what you got to remember patek didn't give him the watch (they could have borrowed it to him for the publicity and then he could not sell the watch) they sold it for 3 million quid so they don't have the moral right to question whether he can sell it or not. I think this hierarchy ball shit about not ever being able to sell one of pateks watches (3 million pounds) is just ridiculous just to be a member of their club that's what it is. I love watches and can appreciate and marvel at the technical engineering involved one of these pieces . But I also believe in the right to own and sell your own possessions if you want to. And if patek are so concerned about people selling their watches have the purchaser sign a contract that's they can only sell them back to the company (don't think this will be good for business) thanks John.
I believe you can do whatever you want with your watches. The minute you pay for the watch, and walk out of your AD, the watch belongs to you. If the owner of Patek Philippe gets butt hurt because you sell the watch, that's on him. I get that AD's like Patek frown on flipping watches, but Stallone doesn't need to money, isn't a watch flipper, and just got tired of the watch.
I’m sure there was a deeper reason why sly had to sell. As you said he was seen wearing an old submariner. Which means he does have watches he keeps. Either way, he has burned the bridges with patek. Also true is that he has ruined it for everyone else that has tons of money. Patek will break all stickers and packaging before the customer leaves. No more sealed Pateks, just like no more stickers on Rolex.
Sly just turned the tables on PP. Too many gatekeepers in the watch industry. Imagine you worked all your life to afford a specific timepiece only to be told you have to buy 5 other models to get on a waiting list. That's crazy so I salute you Sly.
Great video Brendan. I agree with your sentiments on PM. As for Sly, interesting you mention he never unwrapped the watch. From that I personally can only deduce it was a shrewd investment piece. PP getting annoyed ? rightly so. The way he procured the watch in the first instance was probably with extensive chats with Thierry, now Thierry most likely feels he was played for a goose and some. These special special pieces are really supposed to be kept in the family, especially a personalised piece as this. Sly cashed in on a one of one and his notoriety
He probably doesn't really like the watch, it looks like wearing a hockey puck on your wrist. I think he got it because it made him part of an exclusive group of watch collectors and he knew it would be a great investment.
Who cares what any of us think… people collect watches for whatever reason they want.. Watches are things and people are people. I would be hurt too if I would give a gift and that person would sell or gift it but sadly we know people who do this after Christmas.
He sold this Patek with about 8 other of his watches at the same auction. Maybe he needed to raise some $$$ for family reasons. Am sure he is not short of a few quid to begin with. Don't know what year he bought it but am sure he would have got a lot more of it was sold in 2022 at the top or even last year.
I'll be very honest.. about what I think.. Sly is someone who if he wears a Casio G-Shock can easily resell it for 10 times its price and if he puts a signature on it even more.. President Stern maybe bothers him they can no longer use a character loved by millions of people for free as a sponsor for their glory.. what can I say... if he bought it to resell it.. the watch is his and he does what he wants with it.. even putting it in giveaway.. is ok . Sly want to make money on it..no problem but.. that watch really disgusts me aesthetically.. (personal taste)
When someone buys a Vintage copy of the first superman comic book... its in a plastic case and it's sealed because it's been graded. The buyers almost ALWAYS are true fans who view it as a holy grail to get themselves. Yet, they leave it in the package. Because to "open it up, would reduce the "ultimate state of collectibility" .
Flip Wilson was an American comedian.
I bet he bought it as an investment and BAM he cashed in didn’t he!
Bet he never told patek he wasn't going to keep it.
The people who run Patek Philippe are the biggest hypocrites on earth. 9 out of 10 clients they sale too are watch flippers. 90 percent of the watches they make are sitting on shelves at grey market dealers collecting dust. How did all these watches get there. If they really were serious about not wanting people to flip their watches they should require proof that a previous buyer is not selling the watches they previously purchased. Yeah they’ll never do that. Sly can buy any watch he wants. He has the money so it’s only a matter of price.
Hi Brendan what you got to remember patek didn't give him the watch (they could have borrowed it to him for the publicity and then he could not sell the watch) they sold it for 3 million quid so they don't have the moral right to question whether he can sell it or not. I think this hierarchy ball shit about not ever being able to sell one of pateks watches (3 million pounds) is just ridiculous just to be a member of their club that's what it is. I love watches and can appreciate and marvel at the technical engineering involved one of these pieces . But I also believe in the right to own and sell your own possessions if you want to. And if patek are so concerned about people selling their watches have the purchaser sign a contract that's they can only sell them back to the company (don't think this will be good for business) thanks John.
As soon as I saw the adviser was 'The Hood' from thunderbirds. That did it for me...
I believe you can do whatever you want with your watches. The minute you pay for the watch, and walk out of your AD, the watch belongs to you. If the owner of Patek Philippe gets butt hurt because you sell the watch, that's on him. I get that AD's like Patek frown on flipping watches, but Stallone doesn't need to money, isn't a watch flipper, and just got tired of the watch.
He is going through a divorce.
I’m sure there was a deeper reason why sly had to sell. As you said he was seen wearing an old submariner. Which means he does have watches he keeps. Either way, he has burned the bridges with patek. Also true is that he has ruined it for everyone else that has tons of money. Patek will break all stickers and packaging before the customer leaves. No more sealed Pateks, just like no more stickers on Rolex.
Sly just turned the tables on PP. Too many gatekeepers in the watch industry. Imagine you worked all your life to afford a specific timepiece only to be told you have to buy 5 other models to get on a waiting list. That's crazy so I salute you Sly.
Good Luck in never getting that serviced... EVER 😂😂😂😂
Great video Brendan. I agree with your sentiments on PM. As for Sly, interesting you mention he never unwrapped the watch. From that I personally can only deduce it was a shrewd investment piece. PP getting annoyed ? rightly so. The way he procured the watch in the first instance was probably with extensive chats with Thierry, now Thierry most likely feels he was played for a goose and some. These special special pieces are really supposed to be kept in the family, especially a personalised piece as this. Sly cashed in on a one of one and his notoriety
As above, it’s his watch, he can of course sell it if he likes.
He probably doesn't really like the watch, it looks like wearing a hockey puck on your wrist. I think he got it because it made him part of an exclusive group of watch collectors and he knew it would be a great investment.
Who cares what any of us think… people collect watches for whatever reason they want.. Watches are things and people are people. I would be hurt too if I would give a gift and that person would sell or gift it but sadly we know people who do this after Christmas.
He sold this Patek with about 8 other of his watches at the same auction. Maybe he needed to raise some $$$ for family reasons. Am sure he is not short of a few quid to begin with. Don't know what year he bought it but am sure he would have got a lot more of it was sold in 2022 at the top or even last year.
Agreed, Stallone selling the watch was a “SLY” move! Such a shame!
I'll be very honest.. about what I think.. Sly is someone who if he wears a Casio G-Shock can easily resell it for 10 times its price and if he puts a signature on it even more.. President Stern maybe bothers him they can no longer use a character loved by millions of people for free as a sponsor for their glory.. what can I say... if he bought it to resell it.. the watch is his and he does what he wants with it.. even putting it in giveaway.. is ok . Sly want to make money on it..no problem but.. that watch really disgusts me aesthetically.. (personal taste)
When someone buys a Vintage copy of the first superman comic book... its in a plastic case and it's sealed because it's been graded. The buyers almost ALWAYS are true fans who view it as a holy grail to get themselves. Yet, they leave it in the package. Because to "open it up, would reduce the "ultimate state of collectibility" .
If you could have only one of the watches you own at present. Which would you pick if you really had to