Patek Philippe

tlwood99
20

• Show profile
• Show other posts

5970

From what I have gleened from reading far too many of these websites:

5960 was first offered for sale in 2006, featuring a revolutionary in-house movement with the latest in technology.  I would expect Patek to offer the 5960 for many years, however the fact that the 5960 is Patek's first in-house chrono should secure its place in history and looks to be a good bet to retain value over the long run.  Oh yea, and people love the watch. 

5970 was first offered for sale in 2005 as a continuation of the discontinued 3970, itself a continuation of the 2499.  It has the same beautiful Lemania movement as its predecessors over the previous 50 years, which is far more labor intensive to manufacture and adjust.  Because Lemania is now owned by a competitor many believe this fact portends the end of 5970 production, and recently it has been reported by "highly reliable sources" inside and outside of Patek that production will end as early as 2009--but who really knows?   Resale prices of the 3970 shot up after 18 years of production when it was discontinued.  Most would agree that the 5970 is Patek's current "iconic" watch offering.  Oh yea, and people love the watch. 

I believe the 5970 offers the more conservative purchase (i.e., least likely that you lose much if anything on resale--to me anything beyond that is all gravy).