5650G Advanced Research - who else regrets not ordering one

[onmyhand]

Originally Posted by jon_jon

Patek only made 500 of the 5650G. Most ADs received one piece or if lucky 2 pieces and some ADs probably received none.

It is estimated that Patek produces 1000+ 5711/1A's annually and they have been produced for 10+ years. If you do the math, there are at least 10,000 5711/1A's out there. It's still not a huge number compared to the number of SS Subs or SS GMTs produced, but still not a small number by any means.

The answer is yes and no.

Yes, assuming your assumption is correct, 10,000 pieces are a lot.

But there are about 200 countries in the world. Meaning each country would get 5 pieces per year or 50 pieces over 10 years. How many would actually come to the grey market each year?

As long as the demand is there and the production is limited, the 5711a would remain a highly coveted piece.

[jon_jon]

Originally Posted by onmyhand

The answer is yes and no.

Yes, assuming your assumption is correct, 10,000 pieces are a lot.

But there are about 200 countries in the world. Meaning each country would get 5 pieces per year or 50 pieces over 10 years. How many would actually come to the grey market each year?

As long as the demand is there and the production is limited, the 5711a would remain a highly coveted piece.

There are just under 400 Patek ADs in the world and they are concentrated in the US, Asia and Europe. I don't know how 200 countries and 5 pieces per country calculation comes into play since wealth (and purchasing power) is not distributed evenly around the world.

I would also guess that over 50% of newly sold 5711/1A today are flipped for a profit within a few months. That would mean quite a few pieces are making it to the gray market.

Now the 5650G sold for ~$160k USD equivalent at the most recent Phillips auction in HK.

[Marciano490]

Originally Posted by jon_jon

There are just under 400 Patek ADs in the world and they are concentrated in the US, Asia and Europe. I don't know how 200 countries and 5 pieces per country calculation comes into play since wealth (and purchasing power) is not distributed evenly around the world.

I would also guess that over 50% of newly sold 5711/1A today are flipped for a profit within a few months. That would mean quite a few pieces are making it to the gray market.

Now the 5650G sold for ~$160k USD equivalent at the most recent Phillips auction in HK.

Thank you. I was curious where the Patek ADs in Rwanda and Honduras and Antarctica were.

[GB-man]

deleted lol

[Vegan]

it is amazing. i am looking for one and the the best offer i get is 115k $ in chrono24 before 6 months but i passed the offer.

[jkf2112]

Originally Posted by ggencer

I do want it a lot... but as I know 500 pieces are not sold out yet. Of course they say so but if you are a good customer and if you order a 500k++ piece you still have the chance...

Where did you come by this knowledge? I believe the 5650 is long gone, at least in US Market