Le Monde Edmond
1049
Bingo my friend
Firstly, Joe you bring up, once again a very interesting topic. I think the many answers given on this Forum have mostly
answered your question or at least made some very valid points and given us food for thought.
However I think Daytonaman really hit the nail on the head. Rolex provides a better context for sharing among collectors as it evokes a certain emotion. And this
goes across the line of Rolex watches. From GMT master to Submariner to Daytona to Killy. I think Patek also offers several lines that evoke strong emotion. Nautillus for example. But the Nautillus is still a young timer and I am not sure it qualifies as a vintage category yet despite the jumbo. And that is exactly the point. The models that colllectors dream about like the 2499 or the 1518 or the 530 and 130 or 1463 are just at a different price point than Rolex. And price is related to age. I do think Patek
collectors are older and thus not involved as actively in social media as Rolex. Also the DNA of Patek is elegance, sophistication, understatement and I think Patek collectors are exactly attracted to this DNA. Thus they are more discreet than Rolex collectors. They are connaiseurs who want to remain under the radar screen.
One last point important point even if it has been mentioned. There is HUGE difference in rarity between both brands. Patek even today with 40-45'ooo produces 30x less than Rolex does. How many of the Iconic 2499 were made? Only 350. How many 4 digit Daytona models were made by Rolex? Surely over 100'ooo. That is the big difference. And as an economist you surely must appreciate the supply demand forces at work here. They also help explain the reason why Patek is not discussed and shared as heavily as Rolex.
Best Edmond
Available on the marketplace
My question to the Patek forum members?
My collection is split between mainly Rolex, JLC and Patek. Within Rolex, 90% of my watches are vintage. Within JLC, 90% are modern. Within Patek, its now about 40% modern and 60% vintage. Up until this year, it was 100% modern. This year, I have seen the...
Patek has a rich and long history, and maybe more interesting, horologically speaking than
Rolex... There were so many complicated watches which Rolex didn't have! Hence the interest of your question...Both Rolex and Patek should have a ot of fans of their vintage watches, and it seems that Rolex has more vintage aficionados than Patek. It is c...
Yes....
.....you hit on my central point. I think vintage Patek has an extremely interesting history, and in terms of horological interest, perhaps the richest of any manufacturer....yet, as you say, it is vintage Rolex collectors who seem more passionate. And ag...
Big difference.
Make no mistake, the appreciation for vintage Patek Philippes is there and abundant, even among users on our site. But it's a much more expensive piece and thus less people in the game. Also, the people in that space are sometimes more quiet about their a...
Thats a very interesting and full answer....
......and i agree on many points. Yes, you are probably correct that the Rolex forum is somewhat the vintage outlier, though I would also say that Blancpain has become quite similar and one or two other forums seem to develop in a similar way. However, I ...
Interesting question ...
and the answer to it is with the people/PuristS we have here - members and moderators. The biggest and very serious collectors I know/met (most of them PuristS) are kind of discreet when it comes to show what they really have - at least when we talk about...
Supply and demand
... If you have to say you are the boss your not the boss. How many red subs or DRSD? How many 1518 or 2499. Supply and demand.
This doesn't make much sense to me....
......this is a forum where people share their watches and discuss them. This is THE place to talk about our watches. Sure, there are more DRSD....way more....but why does that mean that the rare treasures from Patek are not discussed more?
Agree on most...but not all....
The beauty of PuristS is that it is a place where we don't judge each other. If someone wants to share their joy in owning a watch, they are received with welcoming arms and interest from the fellow enthusiasts. The forum is here so people with wonderful ...
I think this question has been answered in parts
I am not going to debate which company PP or Rolex has the best history . Both are old established companies run as a private company for many year now with single families dominating ( or owning the company as in PP case) As to which company tends to loo...
Now that's what I am talking about.....
.....beautiful watches.....absolutely classic and pure. But again, I am picking up a similar theme.....collectors of modern Patek seem to post on the forum quite happily but the issue of discretion crops up when it comes to vintage Patek.....again raising...
Very much not the case.....
......the forum is dominated by collectors, not dealers. What makes you say that?
One other factor that stands out , is that the Rolex vintage is all OYSTER
very little other vintage Rolex is shown Why is this ? does it relate to size and wearability Does it relate to functionality - ie water proof andd tough Does it relate to value and the fact that the majority of vintage Rolex vintage that has appreacited ...
Two major reasons from my perspective.
1. Quantity in existence. Many more vintage Rolex than Patek. 2. Wearability. - Size. Most vintage Pateks are too small in today's taste thus less wearable for most modern collectors. Popular vintage Rolex are mostly sporties which are significant bigger ...
Two good points....
......but my response would be..... 1) Quantity..... there are undoubtedly fewer vintage Patek, but there are a huge number of Patek collectors.....that suggests that the demand/supply issue should only intensify the focus. OK, I think for some Patek the ...
Demographics
Pateks are not cheap. A modern Patek costs as much as a Vintage Rolex. Often much much more. I have several Patek's. All modern. Post 1990. I consider myself a "wearer" and not a collector. I own several modern Rolex watches. Again, I wear them. I don't c...
Interesting....
......not sure where that places me?? I am young enough to run a mile in under 6 minutes but old enough to have a son at university....i collect watches but do so with a 100% correlation to wearing them. I never started with modern Rolex ....i started wit...
I think it's about context and price point
Patek's have become extremely expensive and thus access to,collecting is very limited where one can pick up,a great vintage a Rolex for a fraction of either a modern or vintage Patek. There is something else though that I think is even more important. Con...
Bingo my friend
Firstly, Joe you bring up, once again a very interesting topic. I think the many answers given on this Forum have mostly answered your question or at least made some very valid points and given us food for thought. However I think Daytonaman really hit th...