Patek Philippe

I find myself in a situation......I have been offered a 5970p at list price from my AD....But I already own what I think is the most beautiful 5970. For me the 5970rg is just perfect....The warmth of the Pink gold is just fantastic....I have held all the other models apart from the 5970p and think that so far I made the best choice......All we hear is about the 5970wg and 5970yg but believe me the Rg is stunning......Here is my dilemma ( a nice one is must add)...I have always had a rule when putting my collection together which is, Never have two of the same reference No's.....I have found that this rule has helped me put together a varied, colourful collection....So what to do??? I love my 5970Rg and will take great pleasure in giving it to one of my sons at some stage knowing that I have given him something very special..... Would you keep the 5970rg and buy the 5970p having 2 5970's in my collection or would you skip on the 5970p??? Or sell the 5970Rg and have just the 5970p??? Recently I have seen where people being offered a 5970p are passing on them whilst others would kill to be given the chance to buy one....This for me is not a investment dilemma as both watches would be going to my sons....What do you guys think I should do? Will I regret not going for the 5970p? I do however agree with some that the dial is not the easiest to read.....
Your thoughts would be very much appreciated.
I will also have to sell some watches to help pay towards the 5970p which will also be painful...
Regards
Miles.

A few observations

1. You love your 5970Rg

2. You are ambivalent about the platinum model

3. You feel that the plat model is possibly more deirable than the rg but

4. you would either have to break your one model rule or

5.sell some of your watches. Both of which is less than desirable..

 

Why the rush to buy the plat. I suspect that they will always be available for a few dollar more or less than retail Look at the yellow gold and Rg model , bith available on the net in "plentiful"  supply.

Not sure what I would do in your situation but I would sure like to have your problems!! LOL

 

Listen to your heart. You have built up a spectacular collection up to now. Trust your taste

 

Julian

But can I trust them this time????
M.

to buy just because it is tempting, NICE but NOT nice enough to push you over the edge to buy, to buy just because it is something we can give to our sons, I say walk away. Regret over not getting something can be resolved with the passage of time and infusion of money towards the pursuit of it whereas buyer's remorse can usually only be resolved by either taking a loss in the money we put in or using unnecessary effort to forget about said purchase. Just my own two cents...

M.

... IMO, the 5970R is one of the nicest Patek, in the nicest metal... Basically its my grail watch. Closest as possible to perfection. You seem to agree with me on the warmth of the RG, and how this watch is a step above the YG and the WG. Point is : How to let go such a beauty, in favor of another, while ur so convinced of it?
I would compare the Platinum to the WG... and even then i find the WG a notch above, nicer , more readable dial, that allows u to switch different colours of strap ( thanks to the white dial ).
Personally, i wouldn't go for it even if i jst like. I would ask myself, why to go for it? Is it jst because i got kind of used to my RG and i am tempted by something "new" that is also nice but has something , i don't know what, that jst don't feel as right as what i have?? You might need to ask urself, how will u feel after owning it for a while?
Another important thing, how did u feel better getting ur RG?
When u will be sitting in front of ur AD, with ur 5970R on the table, and u will have to leave it behind along with a big check... how would u feel?
If its an investment issue, and u really like the platinum, and of course if u can afford it, i would take it and keep the RG, as they still look different
Still, nice dilemma, even if i wouldn't take too long to decide
Thanks for sharing

Karim

You make a good case
Cheers
M.
This message has been edited by Miles151 on 2009-05-31 04:02:11

".....I have found that this rule has helped me put together a varied, colourful collection....So what to do???  "

You break your rule Miles. 

I can promise you, there won't be any crying about the presence of an extra 5970 in the patchwork of your collection in a few years time.

Conversely, you can provide the name and number to your AD.

 

If you have the 5970R and think this is the best looking 5970, keep the 5970R ! If you need to sell other watches before you can buy the 5970P it depends on how much you like those others.

If money isn't a problem and you could buy it without any problem , you can go for it . But when you have to sacrifce other watches you like ... don't do it

Go to your AD with your 5970 RG on your wrist, and then have a look in real on the 5970P.

Then follow your heart, you will know if the 5970P is worth sacrificing your 5970 RG and some other watches you obviously love a lot.

Best,

Nicolas

I would just add that you do this trip about three or four times just to be certin about your decision
Cheers

for me, i'll take both.  that's a great collection in my opinion, and sell the others.  but, it may not be for you or others as posted.  I think it's a personal decision that nobody can answer for you.

Dear Miles

If you don't buy it, you will have another dilemma:

Which one of your sons - you seem to have more than one - gets the 5970R?? If you have two sons, each of them will get a 5970, if you bought the 5970P. Then, they will have to decide on the metal only ...

If you can afford it, buy it.

Best regards

Eric01

 

So then give the 5070p to the son with the Rg 5970 and the 5960p to the one who wants the 5970p.....
Great idea.....I can see some arguments in the future 
M.

You definitely want to keep the 5970R.

Doesn't seem like you like the 5970P that much, don't feel obligated to buy something just because your AD has something rare available.

then clearly, get the P. That's a no brainer. If it is about 'love', keep your R. I've bought oh so many watches because of so-called collectibility, and just about never kept them... watches are very very personal things. However, it is really hard to let such a collector's item go by. On the other hand, I believe it is a CERTAINTY that you will be able to get another P in the coming year... I believe that many will be seen in the next 18 months, then they will fall into the shadows... just my prediction. I also believe that 'list' is no bargain at this time in history... and a better offer may come down the pike. Not to discuss 'value' but I know that the urgency to grab the P comes from the belief that 'oh my god, I can get one at list!' But..... this is a real recession, and your AD is biting his nails praying you will buy it... WITH ALL THAT SAID, I like the R and G better than the P, in pictures. If it were me, I would buy the P only to throw it ion the vault and let 10 years go by, and wear the R. But remember... this watch is starting at around 140K. It will be a good long while before it hits above and beyond that. Years and years, likely... so.... why do you want it? For collectibility? Investment? Or good old love?

The preceding message has been for entertainment purposes only.

I have made my mind up that whatever happens I am keeping the Rg 5970 as for me this is the best looking 5970 ever made....And I would always regret selling this stunner......I am more in love with it's rarity and collectibility than the dial that's for sure???????
M.

I'd say 'good luck' but clearly, you are a very lucky man already!

Hello Miles,

I agree with Bruno's advise.  If you have to sell one to buy this, then think twice before making any move.  I see we both agree the 5970R is our holy grail of PP collections.  In that case, the 5970P would really have to stir my blood before I would plunk down the large change for the P version.  But then again, if it's something that stirs your blood, then I would say go for it.  This is one gorgeous PP that will become a centerpiece in your (or anyone's) collection.  So, go with your heart and instinct, and enjoy your collection.  Best wishes to you

Cheers,

Frederick

M.

Hi,

Here is my only answer: 


Cheers

Dje

Is this your only 5970?????
M.

nt

that 5970P looks stunning on the wrist!

so if you really don't know what you want, do the obvious: nothing.

Miles, unless you can afford both the 5970R and 5970P, I wouldn't

give up a watch that I love for one that might be a bit more collectible.

If you could afford both, then by all means buy both.  I think all watches

of the 5970 series will be collectible.

I remember walking into the Wynn Hotel and Casino in Las Vegas just after it opened

They had a 5970R in the showcase.  I tried it on, and I knew that I wanted

to buy one.  When I got home, I put in my order with my favorite Patek AD,

and in June 2006, I had a 5970R.  For me, the silver or white dial is more

preferable to a black dial, so even though I hope to someday own a 5970J

and then a P,  I wouldn't  sell either my R, G for a J or P.

Good Luck with your decision.  I am sure your heart will guide you.

Best Regards,

Bob Lembkey

As mentioned in one of my previous threads, I had the good fortune of looking at these 2 watches side by side at a local AD recently. BTW I was shown the watches as a courtesy and not as a potential buyer.. Following is my impression;
I did not find the Platinum's dial to be less legible compared to other metals. On the contrary, I think its simply stunning and perhaps best of the 4 versions. Its very sublime and understated. The red gold version is very warm and inviting. Both masterpieces in their own rights.
If I have to acquire a single 5970, then P will be the one. I personally would not want to have 2 or more 5970s in my collection.
I also think that price wise, the 5970P is very "reasonably" placed, being only about 10k more than the last retail of 5970J.
Would I trade up to 5970P from one of the other metals? that is the question only you can answer. It boils down to what pulls on your heart's strings.
Just my 0.02; enjoy the pics; sorry for the quality. The pictures had to be taken with the watches sealed.    

It doesn't look great in metal other than it's a 5970 PLATINUM.
I will be very blunt with you and hope it will help. If rarity is the attraction, this piece will fade very quickly in your heart as
it belongs to one that's 'very sought after' because of its rarer metal and the hype. Compare it to your 5970R, yours will seem more attractive.
When I first saw the photo, I was disappointed but I was curious when some sang high praise about it after seeing the watch in person.
So when I finally see it in person , next to my 5970G......it's really not as nice or classic.
All metals of 5970 are very handsome pieces. They all look very nice by itself but if you have to let me choose and compare all of them together , side by side......
it will not be a 5970P due to its black dial, white chrono hand and enlarged dates (3970P and 5004P with black dial looks better and more elegant dues to its smaller size). My personal preference is 5970J but I already have another yellow gold piece coming
Back to your question, if you can....get both and try it for a few months. Then you can decide which one to sell away and will not have any regret.
But if you sell away your 5970R without seeing the 5970P in metal, you may be disappointed .
Either watch is great , but you have to decide which one is the one to spend it on your wrist the lifetime.
Cheers,
CL

Hi Miles,

First off, I can see what a struggle this is for you and I empathize with your plight.  I feel that there have been many good suggestions made in this thread and it seems they have been helpful for you. 

I have often tried to make myself stick to some rules in various matters in my life and sometimes I find that while those rules served me well when they were initially crafted, times and circumstances change and it periodically made sense for me to reconsider whether or not I should continue to stick to those rules.  Sometimes the answer was yes and sometimes the answer was no. 

For me, I try not to make a final decision until I see the watch on my wrist as there is no substitute for that  view.  I suspect if you were to obtain the 5970 P now, you would probably be able to recoup most or all of the purchase price if you opted to sell it soon after your purchase, but you may not be able to buy another new one from your AD in the future.  As I understand it, the 5970 P will have the lowest production numbers of all the 5970 models.

I don't know what your financial circumstances are, but if you could afford to buy the 5970 P AND keep the 5970 R as well, then you could decide at your leisure what changes you would make in your collection after you have had a chance to reflect on the decision for an extended time. 

Just my .02.  My hope for you is that you will look back without significant regret on whatever choice you make.  Best of luck!

Cheers!

Who set the rule anyway?  Was that you yourself?