Sorry old thread but would like to revive

Apr 29, 2020,07:37 AM
 

Hey Baron !
We've talked on Instagram a few times, after reading through the thread I'm quite curious as to whether the numbers fro 5970P still stand today in your opinion. I thought it was generally accepted 5970P was made in approx. 600 examples ?
Would also love to revive the discussion on the 5131/5231, what do you expect for the next 5231 ? Will they be continued ? Will the dials copy the 5131 maps ? Would be a shame but they've already started with the J - but then again the quality of the enamel on the 5131J was rather terrible.
Cheers,
M.


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Can we have a thread about the 5131 production numbers ?

 
 By: Bruno.M1 : March 11th, 2017-02:33
I know this site doesn't like speculation and unofficial facts ... and I applaud that But can we have a respectable discussion? The thing is, I'm having a discussion with some other watch enthusiasts about the 5131. Let's say one thinks they make about 30... 

sure

 
 By: Bruno.M1 : March 11th, 2017-06:50
I do know quite a few AD and asked many times info about the enamel dial Mosts of these that I know get one every 2 till 4 years; so an average of 1 every 3 years Real BIG AD get 1 every 1 - 2 years Tere are about 400 AD in the world So this would mean ab... 

Its not as simple....

 
 By: Fricks : March 12th, 2017-16:03
A lot of AD's don't even see it, so the arithmetic doesn't really work here. Talking about AD's, from what i know, most of them are not well informed even if they act as they are. Only patek headquarters knows. About Chrono24, most pieces there are not av... 

A guess estimate: Circa 50 per gold. So, around 100 per year.

 
 By: amanico : March 11th, 2017-03:13
For how long they are in production? 10 years, something like that? 1000 pieces, total? Best, Nicolas

+ 1 and I would "guess" even more since Patek's 700 pieces limited pieces of a Nautilus model

 
 By: COUNT DE MONET : March 11th, 2017-03:31
There are some, very, limited capacity production models instead but people are not interested that much in them or can not reach them.

Production run for enamel 5131? Seriously?

 
 By: Baron - Mr Red : March 11th, 2017-03:41
You think there are 1000 5131 enamels? In my view, way way less.

Uhm...

 
 By: Baron - Mr Red : March 11th, 2017-04:15
....yellow gold was introduced in 2008 and white gold in 2009. Both were in production for 5-6 years only, I believe before production stopped and switched to rose. Rose has been in production for 3-4 years now...I think. On average, seems production is a... 

You can't beat Joe

 
 By: Ares501 - Mr Green : March 11th, 2017-04:24
when it comes to numbers

He he... ;) [nt]

 
 By: amanico : March 11th, 2017-04:35

Yes Joe, i believe the same...

 
 By: Fricks : March 12th, 2017-16:23
... sounds right. My guess is 300 in each metal... 900. And 100 of the futur P should logically be done. Making a total of 1000 pieces overall.

sorry got mixed up with figures...

 
 By: Fricks : March 13th, 2017-02:52
... told you that my infos are also 50 pieces per year, that's 500 pieces in total

From today‘s perspective (2020)...

 
 By: lascases : May 1st, 2020-05:51
... more than 70 in J and R offered (5131) on chrono (I am excluding the white metals, even). That would typically imply a total production of at least 2,000 pieces. Maybe even heading towards 3,000 units in total.

if you look at other low production models from the recent past that are on the secondary market

 
 By: COUNT DE MONET : March 11th, 2017-04:09
the 5131 is more available than a 5970 or a 5070. And the production is still running with p model in the pipe, most likely. However, the 5131 is a wonderful collector's item and a gem in any collection.

Depends...

 
 By: Baron - Mr Red : March 11th, 2017-04:21
.....5970 was a very low production watch. I would say just 100-150 made in P in total and just for one year. The other 5970 metals also low production. 5070P similarly was very low production as only produced for a year...supposedly 150-200 made. There a... 

1000 rg/wg each 300plat 100 yg [nt] 5970

 
 By: Miranda : March 11th, 2017-05:02
No message body

Here is the answer for the 5070, except the P.

 
 By: amanico : March 11th, 2017-05:42
250 watches per year. According to Patek. ...  

less 5070's

 
 By: Bruno.M1 : March 11th, 2017-07:01
"There are plenty of other metal 5070s though.....probably around 400-500 per annum made through the multi-year production" nope, more or less 250 per year were made that is not speculation but something they once told us in their own Magazine for those t...  

but this is where it becomes somewhat cloudier....

 
 By: Baron - Mr Red : March 11th, 2017-07:20
it is odd that the secondary market pricing on the 5131 is so much stronger than the 5070. Without doubt, both references are seen as highly desirable and in demand....yet the market is telling us something quite clear....either demand for the 5131 is so ... 

Interesting perspective !

 
 By: GLau : March 11th, 2017-08:16
How much is the general premium over retail for 5070 ?

hard question because....

 
 By: Baron - Mr Red : March 11th, 2017-08:21
.....5070 has been out of production for a long time now and varies by metal.

the same .... that's why I don't agree with Baron here

 
 By: Bruno.M1 : March 11th, 2017-08:39
secundair market pricing is not stronger, it is about the same 5131R today is I believe euro 60K, secondhand around 110 5070 was about 35 at the end, today it's between 60 and 70 for a G or R ... J starts at 55 but back in 2000 list was 28 Only difference... 

Bruno...you miss one important issue....

 
 By: Baron - Mr Red : March 11th, 2017-09:20
.....the 5070 is out of production....and has been for many years The price appreciation in 5070s has developed unevenly over the period where it has been out of production. But, supply has been fixed now for many years. With the 5131, it is still a refer... 

Time will tell :-)

 
 By: Bruno.M1 : March 11th, 2017-11:08
But I think they are already too expensive so I don't see much potential even when they are discontinued Like the worldtimer moonphase I presume all 1300 are delivered. Psecond hand value is high right from the start, also here I don't think they will be ... 

Sorry old thread but would like to revive

 
 By: unekual : April 29th, 2020-07:37
Hey Baron ! We've talked on Instagram a few times, after reading through the thread I'm quite curious as to whether the numbers fro 5970P still stand today in your opinion. I thought it was generally accepted 5970P was made in approx. 600 examples ? Would... 

Wow. Hadn't seen that before. [nt]

 
 By: Baron - Mr Red : March 11th, 2017-07:08

5970P...

 
 By: lascases : April 29th, 2020-12:34
... provably about 700 made in P. Otherwise, not so many would have shown up in secondary market/auction. Not so rare...

Here lies the paradox. The reference is rare, but many are seen on the different collectors markets. Compared to other " rare " watches.

 
 By: amanico : March 11th, 2017-04:35
For example, the JLC Geophysic ( vintage ) were made in circa 1300 pieces, or the Deep Sea Alarm ( 1100 ). I see how many? 5? 10 per year ( Geophysic ) and 1 or 2 DSA... The 5131? Just do a search, and you can get one immediately if you want to pay that a... 

Another factor.....

 
 By: Baron - Mr Red : March 11th, 2017-04:40
Supply may be very dependent on nature of original owner.

Yes! [nt]

 
 By: amanico : March 11th, 2017-05:39

...or you can go to auction ;) [nt]

 
 By: Ares501 - Mr Green : March 11th, 2017-06:56

The Darko's way. ;) [nt]

 
 By: amanico : March 12th, 2017-00:21

Worth noting

 
 By: sham1 : March 11th, 2017-18:35
That the main reason that there are more 5131s in the secondary market compared to the 5970 and 5070 is due to the fact that the 5131 has appreciated more than double its retail price and that makes it more lucrative to sell. The 5970 for example is a lot... 

300 each colour [nt] thats total production

 
 By: Miranda : March 11th, 2017-05:01
No message body

Lots of guesses

 
 By: Patekphilippecollector : March 11th, 2017-04:33
surely somebody has inside knowledge on how many people are employed full time to actually make the dial (I was told 4 but was shouted down and advised only 2) and the. Someone should know how many dials a person can make a day...it is only a process that... 

Patek has done an excellent job of making speculation highly imprecise, but

 
 By: patekova : March 11th, 2017-04:48
that was not always so. Early on, there were widely accepted totals for certain important references E.g. 2499 - 349 pieces; 3448 - 586 and 3450 - 244. Movement numbers were used consecutively in a caliber. So let's say you wanted to guess how many red do... 

Unofficial production numbers are a bad joke!

 
 By: dom007 : March 11th, 2017-05:13
Some food for thought: How many pictures from 5131J/G/R owners have you already seen in watch forums and on Instagram? How many pictures from 5970P owners have you already seen in watch forums and on Instagram? How many pictures from 5070P owners have you... 

really difficult to know as

 
 By: patrickh : March 11th, 2017-05:29
Patek do not communicate on numbers for specific referencies. But keep in mind, Patek Philippe produced each year about 58.000 watches, not most of them with quartz movement ;-))) If very High Complications models require more time and special expertise f... 

My understanding is that there are now two teams that make the enamel dials.

 
 By: GLau : March 11th, 2017-06:42
I estimate that each week only one enamel dial can be made (due to wastage during firing from wrong colors, bubbles, etc.), hence say 50 pieces per year for each team. In the beginning when 5131J came out, there was only one team making it. When G came ou... 

I was told last January

 
 By: beejo : March 11th, 2017-07:11
That they make around 3 per month,And that was by one of the Patek team (managerial post),Not an Authorized I think around 40 a year would make sense maybe 50 but not more I guess. Best, Ahmed

Yep....your estimate is closer to mine [nt]

 
 By: Baron - Mr Red : March 11th, 2017-07:17
I think it is more likely that the number is closer to your 400 or so than 1000+.

Right you are Joe.

 
 By: beejo : March 11th, 2017-07:25
Best, Ahmed

Director.

 
 By: beejo : March 11th, 2017-07:25
Best, Ahmed

Sorry Ahmed, do you mean a director of a certain department within Patek?

 
 By: GLau : March 11th, 2017-07:39
Is there a post that you could share ? Thanks, Gordon

Sorry Gordon,I don't have a thread

 
 By: beejo : March 11th, 2017-13:03
And I am not allowed to say more than that,But Believe me he knows what he is talking about. Best, Ahmed

Semantics....many state that "it takes 1 week to make a dial"

 
 By: Patekphilippecollector : March 11th, 2017-07:49
Whilst it may take 1 week with the various firings and cooling periods...it doesn\'t mean they only do one dial.....you could very easily do a number of dials and put them all in the kiln....it will still take 5 days but nobody has said they don\'t put 10... 

dial production and 5131 production are 2 different topics

 
 By: patrickh : March 11th, 2017-23:48
Due to the hype and the preferencies for this new map and combination, PP produced 5131R-001, 010 and now 011 version, just changing the cities ring. They could produce how many Asian-Americas dials as they could, keep them in the safe and insert them in ... 

When I was visiting PP last May our group had lunch together with the CEO of Patek (forgot his name unfortunately) and we were talking about the difficulty of producing the 5131 dials.

 
 By: cayenne1200 : March 14th, 2017-06:12
CEO has mentioned during this conversation that only 1 out of 10 dials in the oven would actually make it into a watch. The other 9 dial would not fullfil the quality requirements and would be destroyed. Starting from this Information 2 workers will not b... 

i tell you what is interesting.....

 
 By: Baron - Mr Red : March 14th, 2017-07:10
.....anyone on this thread who has actually spoken directly with Patek Geneva tells exactly the same thing.

Patek is the seller...

 
 By: lascases : May 1st, 2020-06:04
... they will try their best to male it look like low numbers are available only. If you look on the vast number of 5131 in the secondary market (speaking as of Apr-2020) they certainly made quite. big number (2000-3000).

With the new 5231J I thought this thread deserved a bump

 
 By: Patekphilippecollector : April 28th, 2019-01:47
Into the present. One of the great unknowns (along with Loch Ness, Yeti and who killed Pees Kennedy)

Guess what I might ...

 
 By: GLau : April 28th, 2019-03:59
say about 5131 vs 5231 ?

Both! [nt]

 
 By: amanico : April 28th, 2019-06:21