Mostel
4360
While no on e really 'knows' anything
it is a great strategy on Patek's part--to sell the yellow (least desirable, by today's tastes) 5970 for the shortest time... thereby elevating yellow to new heights! Brilliant!
It does make perfect sense to only make the 5070P for one year.
But in other (related) news, a dealer friend of mine said the market is softening quite a bit... and Swatch has released an article predicting a slowdown in watches overall...
How this will affect Patek... no one knows. My guess is, the BIG Pateks remain un-gettable, and the medium Pateks and little Pateks (which ones are little? Not sure, but they aren't chrono-perpetuals) will probably get very get-able.
Have a nice weekend.
5970j/5070P
By: ImranLondon : June 7th, 2008-04:19
It is actually with some dgree of regret that I can confirm that both pieces will be made for only one year. I have just returned from a visit to Patek where this was confirmed to me. I say with regret because a lot of collectors will be dissapointed. C'e...
Don't be depressive, Imran
By: amanico : June 7th, 2008-05:08
If we can't get this PP 5070P, I may have another solution to get another appealing watch... Even if I'm a bit sad to hear that, there are so many exciting watches, to be bought much easier, and at less cost. We'll sepak about thatwhen we mmet in London, ...
market softening
By: jonrus : June 7th, 2008-10:12
I agree... I know of a few collectors who have passed up current deliveries with AD.. I think this is multifactorial.. price increases twice in the US, weakening economy and outlook, inflation with food, energy, overall cost of living. Anybody else have t...