Patek Philippe

Following the discontinuation of ref 5236, we can notice that all recent "simple" perpetual calendars are offered at a huge discount on the secondary market: the 5236 itself, the 5320, the 5159, even the 5140. It seems that only 5740 is appreciated, but t... 

The main difference IMHO is size and dial layout out. The 3940-esque watches are usually smaller in size and offer what some would call a classic perpetual layout. Of these I personally still find the 3940 the most beautiful but smallest in size and most ... 

I personally love center seconds. I have a 5050 and I am so tempted by 5320 with salmon dial...

trade below MSRPs. IMO, the collectors have evolved their tastes with more focus on sports and larger watches over the past decade or so, especially given IG influencer and younger collectors coming in. Now smaller watches are coming back to be more fashi... 

Gordon, I really hope you are right. I do love "right size" cases: I have a 33mm calatrava and the 5050. I love the 5320 salmon dial. I grew up with the feeling that everything bigger than 40mm should have been considered sporty, so I'd be more than happy... 

Maybe 1.3-1.4x MSRP while a 5811 is like 2x MSRP.