dmas
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It is entirely the equation of demand and supply in the secondary market,.....
particularly the scarcity of 5070 platinum which lasted just one year in production. Hence its high premium which the potential buyer is willing and prepared to pay. In terms of finishing the question of which movements is better is debatable but I venture to say both are equally superb. Seasoned collectors generally prefer the older and out-of production 5070s. The new Patek chronograph movement came about as a result of the production of genuine in-house movement of Lange 1815 and Datograph. Scarcity, unique and desirable Patek timepieces, rightly or wrongly, generally command high premium in secondary market. The 3700 Nautilus "Jumbo" steel is one such timepiece that is so sought-after though it housed a 3rd party movement (JLC caliber 920) which was shared with both AP Royal Oak and VC.
seems it's getting very difficult to find a 5070P for sale nowadays
In the past it wasn't that difficult to find one. You had the big well known grey market dealers, chrono24, Ebay, ... I think most of the times you were able to find 5 or 7 Patek 5070P for sale The last weeks I tried to find more cause a friend asked me t...
and even this one
when I look at the details ... it's reserved for almost 200,000 USD ?? What Am I missing ? ...
I don’t think that we should get into the specific details of price ..
It’s not the done thing on this site
Perhaps it is precisely because of the movement....
that collectors are chasing after the piece. It makes pre-5170 chronographs (5070, 5970, 5004, 3970) more desirable, though subjective, as all post-5170 chronographs will have the infinite supply of Patek own movements. Unless Patek discovers some unused ...
Patek
Does have some left, as evident by the reissue of 5070P and 5970. They were made in limited numbers but who knows how many Patek still have in stock.
Lemania is nice but quite wide spread. Similar movement is in Omega (1863). Yes, Omega has inferior finishes. 5070 for 200000 is ridiculous. Even its retail is blown up.
5170 is better. But still is a poor value for money proposition. 5270 is better than 5170. The only Patek movement worth considering is 27-525 that can be found in 5959.
It is entirely the equation of demand and supply in the secondary market,.....
particularly the scarcity of 5070 platinum which lasted just one year in production. Hence its high premium which the potential buyer is willing and prepared to pay. In terms of finishing the question of which movements is better is debatable but I ventur...
The same way a collector pays 200,000 for a Valjoux Paul Newman
Its not about the movement Its the watch
Why don’t you check 5170P?
I have been playing with 5070 & 5170P side-by-side and the smoother winding, right size of movement to the case and more sophisticated movement of 5170P really attract me. Now I just need to get a strap of the right size for my 5170P. Best Kari
Cause my friend is not interested in the 5170
And it’s not my fault 😁 I agree the 5170 is a great one but the 5070 is something different
Both are fabulous PPs ...
Very different in character 5170p is as you say the more sophisticated movement but the 5070p has a gorgeous colour dial and strap combination.
Straps you can change.
I ordered many for my 5170 among those one having the same color as the dial with black stitching. Best Kari
Awesome pictures, Bruno. I am surprised you found only one for sale.
Of course you won't find many, and I suspect you are right when you say that the few which were made are kept in the collections. But just one for sale? That comes as a big surprise. As for your pictures, superb! The last one is impressive. Just one thing...
Can you email me the links?
Cause I didn’t find any And are they really for sale or do they suggest to find you one A lot of grey market dealers claim they have it ... but when you contact them “it is just sold ( yeah right 😡) and they’ll try to find you another one”
Only a collected man
On chrono24 only 2 and not 3 One is the saatchi. For a whooping 300.000 euro The other one was indeed a 5070p for 172.000 euro but this one is reserved as I said earlier in this thread You are correct about a collected man but that is also over 155k euro ...
i can see three for sale.....of which.....
1) One is now reserved 2) One is the Saatchi watch 3) One for sale with no papers The supply of this watch has dried up....Bruno is right
These pictures are incredibly beautiful, Bruno!
I am aware of your Big love for the R. But do you own one of each metal? I somehow missed that. The colors in these pictures are just soooooo nice. Superb! Christian
Unfortunately not
This is a picture I made years ago when I saw some friend that own that reference too
that would be so cool
If you can pull it off, I believe it would be very rewarding to do!!! ...Having all four 5970, that is just amazing :-0
Many thanks for the enabling! I have a few other incomings to digest first but maybe at the end of the year.
The 5070g/r/j are relatively easy to come by so i have time.
I agree with your conclusion
they are getting harder to find (sane for 5970p which I just acquired and found only 3 for sale in the Americas at a decent price/condition). It’s been a long time coming but finally people realize how special these watches are marking the end of an era n...
Does it have to be P?
I know at least one place that has a good example of R with a white dial. It looks great and the price is similar to a used 5170R.
I occasionally look for the P...
to complete my set but the price is prohibitive. I regret not buying when they were quite a bit cheaper.... ...
I struggled in my recent search for one.
I owned one some years ago and stupidly sold it. When it came to buying one back recently (at a much higher price of course - DOH!) I really struggled to find a mint unpolished one full set. I am accordingly convinced that more and more are being locked a...