Patek Philippe

Dear all; It was very interesting to note that at the recently held Sotheby's auction in Hong Kong, a Patek 5575 doubled its pre-sale estimate and sold at a whopping US$129,000!! any thoughts? I am not even sure what the retail price was at introduction. ... 

I sell mine and with a kiss

arouses much interest, regarding its legacy or its image etc... This brings unavoidably speculation too. When considering such events as the 175th anniversary, the brand can't do much to protect itself and other collectors who could not purchase such watc... 

Sometimes, PP will bid and buy them back, just to know who it is that's reselling. I got that from a PP higher up on a dinner conversation.

I don't think so. While it is true Patek may buy a watch on the secondary market for the reason stated, there is absolutely no need to do this at auction. All they need to do is examine the watch/Certificate for the movement # and they have all the inform... 

Regardless whether the person who had the successful bid was Patek themselves or a private collector: the 175th anniversary marketing piece has delivered. What amazes me is that public production figures of 1.200 can attract such a craze about this piece.... 

Based on your interest in the 5975, there should be another mission - the successful auction of a 5975 after you have gotten your allocation :-) Cheers, Gordon

I am not sure as how your comment is to be taken but if you are saying that I would auction my 5975 than you are mistaken. It is a kind of sporty challenge for me to get this limited edition from Patek, a trophy, my personal "precious" :-) as Gollum is sa... 

you would auction off your 5975 Rather, it was meant to 1) wish you luck in getting an allocation of the 5975, and 2) thereafter there would be an auction in which a 5975 (not yours) was sold successfully like the 5575. Hope this post clarifies for you (a... 

my AD informed me, mine is on its way. I don't know if I will/can still get it. Benz

Unfortunately the 175th was always gouing to be a problem. Many AD's did not get any and teh1300, were over subscribed. BUT, I can assure you of one thing, the first owner and possibly the AD of that client, will never get another Patek limited edition. A... 

It is quite obvious the AD and the collector who originally received the 175th anniversary watch both knew the watch was going to be re-sold. The fact it was still double sealed increased the auction sale price of the watch that much more. I am sure this ...