Patek Philippe 5170P Discontinuation & Value
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Patek Philippe 5170P Discontinuation & Value

By GreatPilot@me.com · Jan 10, 2019 · 31 replies
GreatPilot@me.com
WPS member · Patek Philippe forum
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GreatPilot@me.com initiates a crucial discussion about the discontinuation of the Patek Philippe Ref. 5170P, seeking community insights on its future perception. This post delves into the nuances of collector sentiment regarding limited production runs, diamond markers, and comparisons with other high-horology chronographs.

Good morning fellow purists, the last time I posted a question regarding a discontinued watch I was lambasted for asking so I hesitate posting that the 5170P is discontinued. I have it from two very reliable sources that is the case.  

Please give me the benefit of the doubt and assume I am right. Now, I would like to ask your thoughts on how the 5170P will be viewed moving forward with it’s limited one year production run and diamond our markers?  The 5170 model, which has been in production about 10 years, has not been popular like the 5070 which we all know is now very sought after with rising prices.  My personal opinion is the 5170P will soon be sought after despite the naysayers lamenting the diamond our markers, high price and comparisons (Especially on the movement) between it and the A Lange Chronographs.  I would appreciate you thoughts albeit I know none of has a crystal ball.  Pictures credit PP web site and from a Quill and Pad article...Jim






About the Patek Philippe Ref. 5070

The Patek Philippe reference 5070, part of the Complications collection, marked a significant return for the brand to large-format chronographs. Introduced in 1998, it was the first non-perpetual calendar chronograph produced by Patek Philippe since the reference 1463, which ceased production in the early 1960s. Its design drew inspiration from a unique Patek Philippe aviator's watch from the 1940s, characterized by its prominent case and dial layout, yet reinterpreted for a contemporary audience. This reference established a new aesthetic direction for the brand's chronographs, moving towards more substantial case dimensions.

The watch features a 42mm case, initially offered in 18k yellow gold, housing the manual-winding Caliber CH 27-70. This movement, based on a Nouvelle Lémania ébauche, was extensively finished and modified by Patek Philippe, meeting the brand's stringent quality standards. It provides a power reserve of approximately 55 hours. The dial, in this specific configuration, is black, protected by a sapphire crystal, and the watch is water-resistant to 30 meters. The fixed bezel frames the dial, and the watch is typically fitted with a leather strap.

Reference 5070 appeals to collectors interested in modern Patek Philippe chronographs that combine traditional movement architecture with a more contemporary case size. Its limited production run and the subsequent introduction of variants in other precious metals contribute to its collectibility. The reference represents a distinct period in Patek Philippe's chronograph history, bridging vintage inspirations with a new era of larger watch designs.

Specifications

Caliber
Cal.CH 27-70
Case
18k yellow gold
Diameter
42mm
Dial
black
Water Resist.
30m
Crystal
Sapphire

Key Points from the Discussion

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The Discussion
PA
Passionata_george
Jan 10, 2019

wish list and i think it s a fantastic piece ,TBH no clue why PP ceased production (if they did)but i m sure it will be sought after very soon ,the whole concept crowned with the diamond makers is sublime .Did your source mentioned any particular reason ?

NO
NoH
Jan 10, 2019

And really loved it. If you do, and have the opportunity, then one must not deny the callings of their heart Likely this is a model that will slowly come to grow on people, though I appreciate the diamonds make the otherwise subtle P a little less so, and for some that is a negative. Generally I do not like anything adorned with diamonds - a friend’s diamond encrusted Hublot holds absolutely no appeal for me whatsoever - though my (all too brief, unfortunately) experience of the 5170P showed tha

GR
GreatPilot@me.com
Jan 10, 2019

Two AD’s have told me Patek informed them they will not be shipping any more of 5170P out to them. No official announcement form PP I know of but probably will happen during SHII with other sources. I love the watch and it will go nicely with my 5740/1G

GR
GreatPilot@me.com
Jan 10, 2019

What’s not to love! Thank you for your comments, I’m working on getting one now but the prices are not half of a 5070G really about the same on the secondary market depending on the metal and dial, they are half the price f a 5070P which would be more comparable to the 5170P. I know value is taboo on this site and why I did not ask that question albeit an obvious path to explore ...Jim

RU
russell996
Jan 10, 2019

Only time will tell.

PO
Pour le Mérite
Jan 10, 2019

...take the obvious like Datograph, 5370P, etc. aside. Unfortunately I couldn't afford it and probably won't anytime in future with this crazy market. Actually it had a 2 year production if I remember correctly.

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