parunach
35
Interesting news about 5159
I found from one seller that Pateks are completely selling out now. Apparently, in the past only people like me who were watch collectors were buying them. Now, they are seen as investment opportunity and everyone is jumping into them. This was made worse by the 5102 which became worth 325k when its original value is only 192k once it was discontinued in WG. He expected it to become worth at least 500k before stabilizing.
Apparently, Patek does not make too many of the grand complication watches any more. Due to this, they sell off before they hit the store, so it is a supply-demand issue. Some of them quote 92k for this now for the WG. It almost seems to be getting out of hand. Any thoughts on this please?
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Interesting news about 5159
I found from one seller that Pateks are completely selling out now. Apparently, in the past only people like me who were watch collectors were buying them. Now, they are seen as investment opportunity and everyone is jumping into them. This was made worse...
In fact they quite probably make more complicated watches than ever but
Hi, The world market is expanding for PP like for many watch brands! And the speculators are buying what they can, hoping to make money. As ever some will do and some will loose! A few PP models have indeed a rising value, but many others loose value as t...
Patek makes a lot of complicated watches but
for each type they make a small number of watches. They are becoming more limited in their releases now compared to the past. This is due to some of their models in the past not being received well by the market. I was suggested that the 5159 might also b...