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Patek Philippe

Just to be clear...

 

... I quite like the one *without* the diamonds; my beef is with the bling version. But obviously I’m not going to get the diamondless 5711 either, because Patek decided not to build the capacity needed to supply demand. Which is a shame for me and countless others. It’s also hard to understand why Patek constrained supply as it did, because modestly increased output on this model would have been profit-maximizing for them. As it stands, the lion’s share of the profits — the delta between the retail price and the secondary market price — will go to third-party gray-market dealers. But trying to make economic sense of anything involving the 5711 is a fool’s errand ...

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