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Weir and Son sell out 25 €90,500 Pateks

Comments

  • #2
    893bet
    Registered Users, Registered Users 2 Posts: 9,163 ✭✭✭893bet


    Us peasants can’t view with out an account...


  • #3
    Spanish Eyes
    Registered Users, Registered Users 2 Posts: 16,004 ✭✭✭✭Spanish Eyes


    Does AML apply to luxury goods like this I wonder. Not saying that was the case by the way.


  • #4
    Wibbs
    Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 60,170 Mod ✭✭✭✭Wibbs


    The boom is back folks. :)

    Rejoice in the awareness of feeling stupid, for that’s how you end up learning new things. If you’re not aware you’re stupid, you probably are.



  • #5
    893bet
    Registered Users, Registered Users 2 Posts: 9,163 ✭✭✭893bet


    I would believe it! There is a lot of €€€ around.

    I remember trying to source a watch in Keanes last year and the salesman tried to sell me other stuff and finally admitted they next one was going to some one who had dropped 100k on a watch earlier that year. No competing with that.


  • #6
    Homer
    Registered Users, Registered Users 2 Posts: 4,330 ✭✭✭Homer


    Having just come back from the Far East I wouldn’t be surprised if a chunk of those were Chinese customers. I know Sheerans have employed a mandarin speaker so would be shocked if Weirs haven’t done the same. The Chinese seem to have money to burn and love their luxury brands.


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  • #7
    thomasm
    Registered Users, Registered Users 2 Posts: 1,503 ✭✭✭thomasm


    893bet wrote: »
    Us peasants can’t view with out an account...

    Old school me, I buy the paper 😄


  • #8
    thomasm
    Registered Users, Registered Users 2 Posts: 1,503 ✭✭✭thomasm


    Never in the shop but surprising to see they have 105 staff


  • #9
    Thirdfox
    Registered Users, Registered Users 2 Posts: 7,110 ✭✭✭Thirdfox


    The shop is a few floors in height - there's a basement and 2(?) floors up too - so they have plenty of backroom staff not out on the counters.

    Good on them I say - if they can make those sales then I definitely won't begrudge them that.

    Mrs and I got our wedding rings there so always a nice reminder whenever we walk by on Grafton Street - you know you've made it reputation-wise when burglars even stole the weirs boxes from our house when it was broken into last time :D

    Wibbs will be sad to learn that these discerning burglars didn't take any of the quartz watches from the watch box :pac:


  • #10
    aaakev
    Registered Users, Registered Users 2 Posts: 3,088 ✭✭✭aaakev


    Spanish Eyes wrote: »
    Does AML apply to luxury goods like this I wonder. Not saying that was the case by the way.
    It does indeed, I was at a conference in the law society recently about it, jewellers, motor dealers and estate agents in attendance


  • #11
    Marcusm
    Registered Users, Registered Users 2 Posts: 10,447 ✭✭✭✭Marcusm


    A special Weirs edition PP? That sounds like a pretty obscure item. Surprised that it would have significant international appeal.

    https://weirandsons.ie/blog/weir-sons-150-years-patek-philippe-collaboration/


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  • #12
    barrier86
    Registered Users, Registered Users 2 Posts: 254 ✭✭barrier86


    Homer wrote: »
    Having just come back from the Far East I wouldn’t be surprised if a chunk of those were Chinese customers. I know Sheerans have employed a mandarin speaker so would be shocked if Weirs haven’t done the same. The Chinese seem to have money to burn and love their luxury brands.

    They definitely had a mandarin speaker there last year. The customers were in the Rolex area of the shop looking like they were happy to drop a fortune.


  • #13
    893bet
    Registered Users, Registered Users 2 Posts: 9,163 ✭✭✭893bet


    Marcusm wrote: »
    A special Weirs edition PP? That sounds like a pretty obscure item. Surprised that it would have significant international appeal.

    https://weirandsons.ie/blog/weir-sons-150-years-patek-philippe-collaboration/

    It’s a limited edition. It’s patek. People want rarity, want to be part of an exclusive club.


    **** me it’s ugly! Why did they do it green. Does everything Irish have to be green!!


  • #14
    Marcusm
    Registered Users, Registered Users 2 Posts: 10,447 ✭✭✭✭Marcusm


    893bet wrote: »
    It’s a limited edition. It’s patek. People want rarity, want to be part of an exclusive club.


    **** me it’s ugly! Why did they do it green. Does everything Irish have to be green!!

    Absolutely rare special editions can be very collectible. However.....

    The green face is not bad. The strap takes away from rather than enhancing it. At least Weirs is not on the face, unlike say corporate or military branded special editions. Still have difficulty seeing it as a premium purchase.


  • #15
    scwazrh
    Registered Users, Registered Users 2 Posts: 2,735 ✭✭✭scwazrh


    I’m pretty sure that all non eu visitors to Ireland benefit from vat rebates once they go home within 3 months of purchase dated . The 23% refund on a limited edition patek will give to a tidy profit on resale


  • #16
    GrumpyMe
    Registered Users, Registered Users 2 Posts: 1,195 ✭✭✭GrumpyMe


    thomasm wrote: »
    Interesting article here. Weir and Sons have sold 25 Patek Phillipe limited edition watches priced at €90,500 !!!

    https://www.businesspost.ie/business/watch-weirs-e90500-commemorative-timepiece-446733


    Sure wait for the price drop at the next CAB disposal of forfeited assets sale.


  • #17
    4068ac1elhodqr
    Closed Accounts Posts: 9,586 ✭✭✭4068ac1elhodqr


    Casio is yer only man, and saves you €90,450.


  • #18
    Marcusm
    Registered Users, Registered Users 2 Posts: 10,447 ✭✭✭✭Marcusm


    scwazrh wrote: »
    I’m pretty sure that all non eu visitors to Ireland benefit from vat rebates once they go home within 3 months of purchase dated . The 23% refund on a limited edition patek will give to a tidy profit on resale

    Only if there’s a secondary market enhancement from the specialness of the edition!


  • #19
    fourmations
    Registered Users, Registered Users 2 Posts: 1,360 ✭✭✭fourmations


    893bet wrote: »
    Us peasants can’t view with out an account...

    Copy/paste the text for us peasants perhaps?
    or is that naughty?


  • #20
    Cienciano
    Registered Users, Registered Users 2 Posts: 14,312 ✭✭✭✭Cienciano


    893bet wrote: »
    It’s a limited edition. It’s patek. People want rarity, want to be part of an exclusive club.


    **** me it’s ugly! Why did they do it green. Does everything Irish have to be green!!

    I'd imagine Irish Americans bought them. They'd get a shamrock on them if they could.

    On green though, look at how popular the hulk is. Personally green on watches isn't for me at all, but plenty of people are into horrible looking watches. Look at everything Richard Mille makes.


  • #21
    [Deleted User]
    Posts: 2,799 ✭✭✭ [Deleted User]


    Homer wrote: »
    Having just come back from the Far East I wouldn’t be surprised if a chunk of those were Chinese customers. I know Sheerans have employed a mandarin speaker so would be shocked if Weirs haven’t done the same. The Chinese seem to have money to burn and love their luxury brands.

    I wouldn't be surprised if they were sold to residents of Drimnagh, or Rathkeale..............


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  • #22
    Cienciano
    Registered Users, Registered Users 2 Posts: 14,312 ✭✭✭✭Cienciano


    Deleted User wrote: »
    I wouldn't be surprised if they were sold to residents of Drimnagh, or Rathkeale..............

    I think gold banded rolex are the pinnacle for them


  • #23
    893bet
    Registered Users, Registered Users 2 Posts: 9,163 ✭✭✭893bet


    Cienciano wrote: »
    I'd imagine Irish Americans bought them. They'd get a shamrock on them if they could.

    On green though, look at how popular the hulk is. Personally green on watches isn't for me at all, but plenty of people are into horrible looking watches. Look at everything Richard Mille makes.

    I think green is very nice in general. It’s just very stereotypical to do green as of the Irish connection. The strap is horrid in my opinion. Dial was plenty to nod to the connection. That mess is what I would have expected Omega to come up with.


  • #24
    Cienciano
    Registered Users, Registered Users 2 Posts: 14,312 ✭✭✭✭Cienciano


    893bet wrote: »
    I think green is very nice in general. It’s just very stereotypical to do green as of the Irish connection. The strap is horrid in my opinion. Dial was plenty to nod to the connection. That mess is what I would have expected Omega to come up with.

    It needs a shamrock on the dial and little pints of Guinness as hour markers.


  • #25
    893bet
    Registered Users, Registered Users 2 Posts: 9,163 ✭✭✭893bet


    Cienciano wrote: »
    It needs a shamrock on the dial and little pints of Guinness as hour markers.

    And a pot of gold on the clasp.


  • #26
    2shea
    Registered Users Posts: 651 ✭✭✭2shea


    Homer wrote: »
    Having just come back from the Far East I wouldn’t be surprised if a chunk of those were Chinese customers. I know Sheerans have employed a mandarin speaker so would be shocked if Weirs haven’t done the same. The Chinese seem to have money to burn and love their luxury brands.
    Yes very true.


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