The Patek Philippe 5960P-001 represents a pinnacle of horological achievement, a sophisticated chronograph housed in a refined platinum case. This article will delve into the intricacies of this highly sought-after timepiece, examining its retail and market price, model specifications, historical trends, and its potential as an investment. We will also explore related models within the 5960 family, providing a comprehensive overview for collectors and enthusiasts.
Retail and Market Price: A Volatile Landscape
Determining the exact retail price of the 5960P-001 is difficult due to its limited production and fluctuating market conditions. When originally released, the retail price was significantly lower than its current market value. However, pre-owned examples now command a substantial premium, often exceeding the original retail price by a considerable margin. Several factors contribute to this price appreciation: exclusivity (limited production runs), the inherent value of a Patek Philippe, the complication of a chronograph, the prestigious platinum case, and increasing demand from collectors.
The market price for a pre-owned 5960P-001 fluctuates based on condition, provenance (original box and papers), and market sentiment. Reputable auction houses and pre-owned luxury watch dealers provide the most reliable price indicators. Expect to see prices well into the six-figure range, with exceptional examples fetching significantly higher amounts. It's crucial to conduct thorough research and seek expert advice before making a purchase. The watch market is dynamic; therefore, consulting several sources for current pricing is essential.
Model Specifications: A Masterpiece of Engineering
The 5960P-001 boasts a compelling combination of technical prowess and elegant design. Let's examine its key specifications:
* Case: Platinum, 40.5mm diameter, water-resistant to 30 meters. The platinum case lends a refined and substantial feel, reflecting the watch's high-end status.
* Movement: Caliber CH 28-520 PS, a self-winding chronograph movement entirely manufactured in-house by Patek Philippe. This movement is a testament to Patek's commitment to haute horlogerie, renowned for its precision, reliability, and intricate finishing.
* Functions: Hours, minutes, seconds, chronograph (seconds, minutes, and hours), date. The chronograph function adds a layer of practicality and sporty appeal to this otherwise elegant dress watch.
* Dial: Typically a black or dark grey dial with applied luminous markers and hands. The design is understated yet sophisticated, emphasizing legibility and classic aesthetics.
* Strap: Usually a black alligator leather strap, perfectly complementing the platinum case and adding to the watch's overall elegance.
The CH 28-520 PS movement is a masterpiece in itself. Its intricate finishing, visible through the sapphire crystal caseback, showcases the meticulous craftsmanship that defines Patek Philippe. The column-wheel chronograph mechanism is particularly noteworthy, contributing to the smooth and precise operation of the chronograph function.
Historical Trends: A Rising Star in the Collector's World
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