As I mentioned in another thread, I now have more money than sense, should I invest a little bit of last year's bonus on the Patek 5004 in platinum.
I personally have an affinity towards vintage, which as far as the pricing of the 5004 goes, it can buy a rather nice vintage, possibly investment piece.
The saleslady said the price for the 5004 platinum was $180000, waiting list 2 years.
But I'm still keen on that watch, since I'm more of a watch collector.
The Patek watches I believe are the best watches in the world ,if you have the money buy it .If you want I have a in at Patek .I like the 5002 model .
For that price, I would much rather buy a special vintage piece, which will hold its value better.
I suggest saving up for the Caliber 89, which was $3 million last time.
Last edited by Incroyable (2006-04-20 21:03:38)
Joke:
Man walk into a five star hotel bar and sees a beautiful women sitting at the bar and walks up to her
man: "Hi, what is your name?"
women: "Patek"
man: "You mean Patek like Patek Philippe the watch"
woman: "Yes, same price, different movement"
If you really want a Patek 5004 drop me a line and you can get it before the two year waiting list. Yes Rolex is a great watch but Rolex now has started to buy some of its movements from outside sources . Like the Rolex SS Daytona men are waiting up to two years and paying up to $20,000 for it, and yes it is a great watch also, but it does not have the look of a Patek.
Any of the complicated Pateks are worthwhile watches to own, if you can afford the entry ticket. Petek Philippe is the one of the most respected names in watchmaking.
That being said, the classical Patek complicated wristwatch is probably the 3970, now replaced as the 5970. Both are perpetual calendar chronographs - the former based on the Lemania ebauche, and the latter on an new cluch type chronograph developed inhouse by Patek Philippe. The 5004 is a tad thick for my own tastes, and still based on the Lemania ebauche. If one has more to spend on a watch, the Patek repeaters are the best for investment value - the 5016 or 3939 are very rare, and have done well in auctions. And so have the Patek tourbillons. The latest being the 5101 tourbillon, which I believe is still available from your authorized dealer or their store in Geneva, is sublime.
But for a moment, perhaps you may want to also consider the watches offered by A Lange & Sohne. The Double Split is a great piece for less than the 5004. They also offer the Datograph Perpetual as an option to the 5970. But the newly released Tourbograph (yes, ugly name, but truly beautiful watch) is amazing, and sans competition.
Forget Rolex...in the world of high horology, I would liken it to a Church's shoe, for want of a better analogy - reasonably well made, but built for toughness, no handwork, decidedly mid-market. In the high end are houses like Patek and Lange and would be similar to Edward Green, John Lobb Paris RTW shoes - finished very well, but still semi-mass produced by qualified and skillful workers. And highly desirable.