In 2004, the year the reference entered the catalog with an $89,600 MSRP, NY Magazine ran a story asking, "can a watch really be worth $89,600?" Ten years later in Hodinkee's first-ever Reference Points, Ben Clymer quoted a $145,000 secondary market price for a 5970G, the same watch featured in NY Mag, and claimed, "5970s are as good as (if not better than) gold." A lot has changed in the past nine years, and there are more watches selling for crazy prices than even Ben could have imagined back in 2014. For seven years this was among the most complicated wristwatches available from the brand. This duo notably featured the more standard baton markers, differentiating the 5970G salmon dial from the 2010 set piece.Īll this is to say, yes, price has been and will continue to be a major consideration in examining Patek, even more so for a perpetual calendar chronograph like the 5970. The watches offered were a 5970G with salmon dial, an example is shown by Ahmed Rahman in his Talking Watches, and a 5970R with a deep bronze dial tone. Furthermore, in 2015, at Patek's Grand Exhibition in London, certain Patek clients were offered access to two more special 5970s – four years after the reference was officially discontinued. Beyond the unique-to-this-set dial colors, each feature a Roman numeral marker at 12 o'clock and spherical markers at one, two, four, eight, ten, and eleven rather than batons. The set is as follows: a 5970G with salmon dial, a 5970P with a salmon dial, a 5970J with champagne dial, and a 5970R with a black dial. At the end of the run, in roughly 2010, Patek offered clients the opportunity to purchase a set of four "new" variants – one in each of the standard production metals. There are a couple special editions to call out for the 5970.
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