The biggest mistake people make when selling a Patek Philippe in Melbourne isn't the price they ask for. It's the buyer they take it to. Most retail watch dealers don't actually transact in Patek with any regularity. They'll make an offer, but the offer will be calibrated to a different...

Last month a client walked in with a 5711/1A. Worn maybe a dozen times in the eight years he'd owned it, and the only reason he was selling was that an Aquanaut allocation he'd been waiting on for three years had finally come through. That kind of conversation doesn't happen...