PATEK PHILIPPE AQUANAUT: RETAIL PRICE INCREASE 2023 FEBURARY
Just as Rolex has ushered in the new year with a retail price increase, Patek Phillipe has ushered in the Chinese New Year with a retail price increase on the 1st Feb 2023. All watch prices are compared with the retail price after the increase of 8% GST.
Next, we will be covering the Aquanaut range, the increase ranges from 0.07 to 5.21%. The largest increase is the ever classic 5167A with a whopping 5.21% increase.
The lowest being again the 2022 new release i.e., the 7968-300R-001 with a 0.07% increase.
Overall, we could see that just like Rolex, the increase is not a giant price increase we’ve seen last year of 8 to 10%, could this be a realistic view of the current market now? Do check out our previous post on the Nautilus line if you haven’t.
What do you guys think of the price increase? Would it push up the price in the secondary market?