The watch sale figures for Germany are immense.
Frankly not all are collectible watches that generated that sales figure but it shows that watches are still very popular.
Also, next to a car, is a watch a perfect status item.
Whether for the trained eye or the untrained: a golden Patek, or more obvious a Rolex, will be recognised as "expensive".
Best
Moritz
it is like stream of consciousness relating to watches which is great. I had to go look at the watches being discussed as I can never picture the Patek watch in my mind from the reference number given. It amazes me when you guys rattle off all the references and you know exactly which model and what metal. I also wanted to chime in on this thread because it interests me when people ask for buying advise on two watches like this. I understand asking advise on technical specs but I have never understood asking advise on design or taste. You either like it or you don't. You like one better than the other. I value the knowledge people have on this forum but I am not going to make a choice between two watches based on the taste of someone else. I guess I haven't also been too concerned with what the watch I am buying will be worth in 40 years. Maybe I am too focused on the present. Hmm...
Stewart
as I was out in your neck of the woods on vacation a few weeks ago (Yosemite, Sequoia, San Francisco) and I wanted to look at watches in SF. In my home area there are no luxury watch dealers above Rolex/Omega so if I can I like to ogle some watches when I travel. I put some search terms into my Ipad and was taken to YELP. I used it to locate stores but did not pay much attention to the reviews of the stores. I also bring this up because I am somewhat behind the times when it comes to computers, apps, etc. and I mentioned to my wife that I used this great site to help find watch dealers in the Bay area. She proceeded to laugh at me and let me know that YELP has been around for quite some time while giving me the you are a moron look. I continued by asking her about this facebook and twitter that everyone is talking about thus cementing my moron status in her eyes. On the subject of watch dealers San Fran. has a really nice Tourbillon boutique. They have a lot of nice pieces at that store, I have been to Tourbillon in NYC, Vegas, and Seattle and the SF location had the largest inventory and largest number of high end Breguet, Blancpain, and GO pieces. I enjoyed looking at what they had and talking with one of the salespeople there. I also visited a nice Montblanc boutique and dropped by the Tourneau, where I picked up my first Patek, a preowned 5035 annual calendar in yellow gold. It was kind of an impulse buy but I fricking love it! I am becoming more and more comfortable with thinner smaller watches and the size and feel of this watch is great, dial layout is great, just a really cool kind of vintage looking piece. I had wondered why people would pay the premium for Patek watches but I can kind of understand it after wearing this one for a little while. Anyway, that is what YELP will get you. Locations of watch stores leading to impulse purchases of PP watches. Thank god for the internet
Stewart
to go to the Tourbillon, the Tourneau, and the Montblanc boutique which I happened to walk by. I feel weird sometimes in Tourbillon stores because the sales people are trained to give you certain phrases or stats that imply knowledge of the watches, but they are obviously not enthusiasts or fanatics like people on this forum, i.e. me. But there is a lot of eye candy in that store in San Fran. There are a lot of high end pieces, just fun to look at. I feel sometimes I know more about the watches than the salespeople do. Are there locally owned places other than chain stores and boutiques that have good stuff to look at? I love San Francisco, much more so than southern California as far a place to travel to for vacation, but I wonder if SoCal has a larger collection of high end watches in a condensed location. I look forward to coming back to the Bay area soon.
Stewart
I think that Keks comment, "If you are getting something to wear regularly I would recommend getting something that fits your lifestyle the most.",
is very perceptive and for 95% of people extremely important to factor in. Then there is the other 5% (I include myself here), that says to hell with convention, wear what you love and be less concerned with societal lifestyle views. I think a 5970 or a 5227 or 6000 for that matter goes great with a pair of jeans. Most people would disagree. I would recommend that you buy the watch that YOU would enjoy wearing with YOUR lifestyle, even if it doesn't fit conventional views of fashion or "good taste".
As far as retaining value, watches may fall out of fashion. Patek may not always be, well Patek. 40 years ...who knows anything about that?
What your son will like in 40 years? How could he or anyone else know what will appeal to them in 40 years?
There is one certainty. Life is short. Do what will make YOU happy. Forget all the rest. IMHO you can't go wrong if you do that.
Best, patekova
... is how I understand Patek's advertising champagne.
Buy whatever pleases your eyes most and see if it will keep the value in the future.
Real investment Pateks are not for the common people to acquire.
Sounds harsh but there is social injustice in every layer of society.
Best
Moritz