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Henry (joenghenry) shares a fascinating observation from his Authorized Dealer regarding the Patek Philippe Ref. 5270P, sparking a community-wide discussion on its production numbers and market perception. His initial surprise at the perceived scarcity of this grand complication in Hong Kong prompts collectors to weigh in on global supply, demand, and the reference's long-term collectibility. This thread offers valuable insights into the nuanced world of high-end Patek Philippe distribution and collector sentiment.
The Complications reference 5236P-001, introduced in 2021, is notable for its in-line perpetual calendar display. This configuration presents all calendar indications – day, date, month, and leap year – in a single, elongated aperture below 12 o'clock. This design choice offers a distinct aesthetic and legibility compared to traditional perpetual calendars with multiple subdials or apertures. The reference was a significant addition to Patek Philippe's Complications collection, showcasing a novel approach to a classic grand complication. Its platinum case and blue dial further underscore its position within the brand's high-end offerings.
The watch is housed in a platinum case measuring 41.3mm in diameter, with a thickness of 11.07mm. It is powered by the self-winding caliber 31-260 PS QL, a movement specifically developed for this in-line perpetual calendar display. This movement incorporates several technical advancements to achieve its unique calendar presentation and offers a power reserve of 38 to 48 hours. The watch features a sapphire crystal on both the front and the case back, allowing for a view of the meticulously finished movement.
As a relatively recent introduction that was subsequently discontinued, the 5236P-001 holds particular interest for collectors who appreciate innovative calendar displays and limited production periods. Its technical sophistication and unique aesthetic appeal to those seeking a distinct perpetual calendar from Patek Philippe. The discontinuation of a model introduced in 2021, while not uncommon for certain high-end references, adds to its potential collectibility, distinguishing it from longer-running production pieces.
For example, an AD here in Frankfurt currently has one on display in their shopping windows (and not for the first time). “Normal” ADs usually get one piece of such a model per year (sometimes none). Given that there are approximately 400 dealers worldwide, they seem to have already produced more than 1,000 pieces which I always thought is the threshold for discontinuation of a (platinum) grand complication model. So 2021 is probably the final production year of 5270P. Best, V.
And in my opinion the 5270p with Salmon dial was an attempt to lift the popularity of a model which received a Luke warm reception so close to the 5970. In a similar way the 5170 did after the 5070. I for one would have left the hands and dial alone in line with the other 5270’s I personally don’t like the blackened effect at all and think if they had not done this it would be a whole different story. I’m sure in the years to come we might well see different dial and hand versions come to light.
However, I find the rounded and 3 dimensional hands of 5970 more desirable. Needless to say, the Lemania movement is aesthetically more appealing…. Though the activation of chronograph hands may be smoother in the new CH-29 caliber. Regarding new version/ combination of dials and hands, I do hope the 5270J will be the last one and the whole 5270 series will soon retire. Looking forward to the 6th generation of Patek PCC. Best, Henry
M.
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