Most luxury watch brands don’t like swimming upstream or going against the popularity, as they only focus on selling as many watches as possible. But Patek Philippe has a different set of ambitions. With the onset of 2022, Patek Philippe has already set the deadline for some of its most coveted models, which shall officially discontinue soon. Most recently, the news circulating in the watch world is that Patek will put down two of its most desirable models, 5711R and 5990A, in 2022. Surprisingly the secondary market has not reacted sharply to the news.
On the one hand, the retail quantity of the 5711R and 5990A models has become limited. On the other hand, the watches sell at an abnormal price in the pre-owned market. After all, why not! So, if you own any of the above-stated models, you can sell Patek Philippe watches to a reliable watch buyer in London to fetch an exceedingly impressive price. This is the time, my friend!
Well, let’s get back to the point.
Will these 6 Patek timepieces significantly impact the watch landscape if they retire?
How do you feel about the list? Let us know in the comments.
The watches are still available on the official website, but it’s only a matter of time.
Did you know 5711R and 5990A, the two top Nautilus watches, were once called the ‘Steel King’? The actual prices of both watches surpass a million. Given the current scenario, it is unlikely that people will willingly spend such a hefty amount. Moreover, the waiting time to bag one 5711R is almost 8 years!
The 5990A, the travel time chronograph, is not a very popular reference. But the scarcity game has led this watch to attract crazy pricing in the pre-owned market. If you were looking for ‘sell my Patek Philippe’ watch, you would be blown by what the secondary market has to offer!
The Patek 5930G is a relatively new timepiece from the brand, which came out in 2016. The 5930 combines two important functions under one roof: chronograph and universal time. Both the points are closely related to Patek’s brand essence.
The 5930G features vintage-style lugs and has two different types of pusher finishing. Honestly, it is not a much-hyped model compared to the others, so there is a high possibility that it might go extinct soon.
We are putting them together because both are popular Patek Philippe models. The 5905P offers excellent annual calendar timing, and the 5196P is an affordable entry-level model. The 5905 only comes in Rose gold and not in gold, and the 5905P and 5196P in platinum are costlier than the other gold models, making it more likely to discontinue in 2022.
The Patek Philippe Perpetual Calendar Chronograph 5270P is a costly premium model. The platinum cased 5270P is a perfect combination of colour and complex functions. The watch has a salmon-coloured plate surface. If you own a worthy model like this, don’t be disheartened if it gets down from the collection. Instead, consider yourself lucky! Imagine the kind of traction you will have in the secondary market if you decide to sell Patek Philippe in London.
Though we are only predicting the ‘run out’ of all these Patek Philippe models shortly, the buzz around the watches and the brand makes it feel pretty much final. Will Patek surprise everyone with more exciting watches in 2022 or take a drastic step by discontinuing some of its most popular models? Let time unfold that. But for now, we can only hope for the best!
© Copyright 2021 The Luxury hut, All Rights Reserved.