Patek Philippe

Would be to look at what percentage of limited edition Patek are listed for sale on c24.....

5565 8 listed out of 300 or 2.7%
5275P 2 listed out of 175 or 1.1%
5975J 27 listed out of 400 or 6.8%
5975G 15 listed out of 400 or 3.8%
5975R 21 listed out of 400 or 5.3%
5975P 3 listed out of 100 or 3%
5976G 21 listed out of 1300 or 1.7%
5711P 22 listed out of 700 or 3.1%
5650G 16 listed out of 500 or 3.2%
5522A 23 listed out of 600 or 3.8%
5575G 23 listed out of 1300 or 1.8%
5230G NY edition 20 out of 300 or 15%
5130P Dubai edition 5 out of 50 or 10%
5130P Mecca edition 2 out of 175 or 1.1%

Listed 5131 total 110 and are reasonably evenly distributed across metals
J 36
G 31
R 21
P 22

Not in any ways conclusive but a thought experiment. Most limited edition pieces in the sample above appear to have a 1-5% of produced listed for sale, the exception seem to be for two world time editions that are in 10-15% range. This means the 110 listed 5131 would have production of around 1100-1500. This seem reasonable to me but fun to head I would venture to guess total is closer to 1800. Now if it is the case that owners are more fond of these and lower percentage is listed for sale then production of the 5131 has been far higher.... anyone’s guess I suppose....

That is a very systematic and i would think a bit time consuming way of trying to find a number that only Patek knows 😋 Thanks for doing this exercise.

As I don’t sell any of my watches for me the number is not that important for me. As long as I enjoy the watch I do not care if its 800, 1000, 2000 produced.

Fram

It is not so relevant to me how many were produced either... they are wonderful pieces and i enjoy mine tremendously regardless.

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the market knows exactly the numbers for LEs but not for 5131s which is a limited production reference.  It would be interesting to understand whether more or less of the limited production piece 5131 are being sold vs limited editions.

not in any ways conclusive as not all listings for sale are on c24 and some listings on c24 are duplicates or not always real. However if one takes 14 references perhaps some pattern appears for limited edition pieces. Now perhaps behavior for limited edition and limited production pieces are somewhat different. However the exception clearly is the NY edition world timer, it was supposedly only sold to US clients and production at 300 is quite reasonable it would seem. Yet so many listed for sale. I would venture to guess 5131 is around the 6% mark (like the 5975). Which would mean roughly 1700-1800 produced.... anyones guess

you have a high IQ !

My question is where are the purist owners have to be many more owning a 5131

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Given there is one for sale makes sample size a bit difficult to use reliably...there is also a 5070P London edition and that one was produced in lower quantity than the regular 5070P...

Only produced for one year and Patek are on record as stating that no more than 250 5070s per year were made. So my guess is 150-250 were made in 5070p

You are obviously a smart guy!

My daily.

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