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Patek Philippe

Need some input on the 5050

 

I have a 5050 that one of my relatives just gifted to me. I was wondering if anyone can give me some background on this piece? When was it produced? When was it discontinued? Is this model currently of interest in the collectors market? I see very few comments about the 5050 on this site and I'm interested to learn more about it. Would appreciate any opinions both critical and supportive. Is this a valuable watch now? Thanks.

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