WatchProSite|Market|Digest

Patek Philippe

It’s all relative....

 

The 2499 belonged to an era that Patek was at the forefront of innovation in horology, very few brands could compete. Even during its time, it stood out as a champion of that era despite its imperfections. It was rare practice for any brand to make such complicated in-house movements, so outsourcing was a necessity for survival. This fact coupled with auction manipulation of prices by the PP museum has catapulted the 2499 into the hall of fame. I agree it has the X-factor.

Fast forward to modern horology, despite the fact I own one, I find the 5970 a nostalgic attempt to cling onto what made Patek great. It exists in a time when small independents are making in-house movements and doing it with more flair and ingenuity. If Patek claims to be an elite horological brand and expects us to pay a hefty premium for it, I am going to hold them accountable and not just follow the 🐑.

Please don’t get me wrong, I love the aesthetics of the 5970, it is no doubt a beautiful timepiece. Step back for one minute and look at it in a different way, one can argue it is lazy! The aesthetics are a subtle evolution of past models and the mechanism is predominantly built by a 3rd party. Whilst the finishing is good, it is not outstanding. Is it really worth above $100k+? Perception clearly indicates so at the moment similar to the 5131 and 5711/12, but only time will tell. It isn’t helped with the aesthetics of the 5270, but at least the 5270 contends with its peers, it holds its head up high and breaks the mould, therefore truly earning its place amongst the elite brands.

In conclusion, had the 5970 existed in the era of the 2499, I would be singing it praise, but it didn’t, it existed during a period of history that saw smaller players producing far better and innovative timepieces. This may seem contentious, but if I was a Stern, I would be ashamed of that period of the companies history. To be number one, a brand needs to be the best they can be at all times and not rest on their laurels.

  login to reply
💰1729 Marketplace Listings for Patek Philippe