Patek Philippe 5270J-001: Grand Complication (Chronograph Perpetual Calendar)
The Patek Philippe 5270J-001 is a remarkable timepiece featuring a chronograph perpetual calendar and a manual winding movement, designed in caliber CH 29-535 PS Q and one of the iteration of the Patek Philippe Grand Complication Collection.
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Origin of Patek Philippe
Patek Philippe is a Swiss luxury watch and clock manufacturer, situated in the Canton of Geneva and the Vallée de Joux. Founded in 1839, by Antoni Patek and Andrien Philippe, it is named after the name of its founders.
Each Patek Philippe watch embodies centuries of experience and countless hours of work. Regardless, it is a highly valuable asset that will retain its value – most probably increase over time. Many of Patek Philippe’s works are pieces of art that fetch record prices in auctions.
Designing Patek Philippe 5270J-001
As the heir pf a grand Patek Philippe classic, the Patek Philippe 5270J-001 Chronograph with perpetual calendar is available in yellow gold featuring a concave bezel and fluted lugs. The watch features the Patek Philippe Caliber CH 29-535 PS Q, that combines traditional design with six of Patek Philippe’s patented innovations and an extremely slender calendar mechanism.
Model Availability and Price
With only over 70,000 watches produced every year, the Patek Philippe belongs to the higher tier even among the premium watch market. This rarity and the fact that all of Patek Philippe’s watches are made from hand with in the manufacturer itself, adds to its brand value and rarity. Owning one of Patek Philippe 5270J-001 can take from month to even years, and the prices are estimated to be at $159,110 and retail price soaring up to $225,650.
Watch Specification
Patek Philippe 5270J-001: Chronograph Perpetual Calendar
Case Material | Yellow Gold |
Case Diameter | 41 mm |
Case Width | 12.4 mm |
Water Resistant | 30 m |
Case Back | Interchangeable |
Dial | Silverly Opaline |
Hour Markers | Gold Applied |
Scale | Tachymeter |
Strap Material | Alligator leather0 |
Scales | Square |
Manufactured by | Hand |
Clasp | Fold Over |
Color | Matte Chocolate Brown |
Movement | Manual Winding |
Caliber | CH 29-535 PS Q |
Calendar | Chronograph Perpetual |
Crystal | Scratch Resistant |
Function | Hours, Minutes, Seconds |
Market Price (approx.) | $159,110 |
Retail Price (approx.) | $225,650 |
Care and Maintenance
For collectors, a Patek Philippe watch is a masterpiece of fine watchmaking and a timepiece with immense value. It is a gem to be treasured. While some prefer to keep the watches in mint condition, this timepieces are meant to be worn. And so it is necessary to take care of these watches and maintain them regularly to ensure proper functionality. Here are some tips to take care of your Patek Philippe.
- Maintain your watch regularly.
- Avoid High impact Situations when wearing your watch.
- Follow the maintenance instruction carefully.
- Avoid wearing your watch in extreme environments.
- Get your time piece insured.
How to own a Patek Philippe?
Patek Philippe operates only three exclusive stores worldwide – in Geneva, London and Paris. Outside of these salons, you can purchase a new Patek Philippe watch only from one of the 78 authorized dealers in the United States.
The current environment for Patek Philippe Watches is one of high demand and limited supply. The manufacturer only produces 50,000 watches in a year – 35,000 of which are mechanical watches which are often sold out and have a long waiting list.
Salons
So getting yourself a new Patek Philippe is extremely hard and it is even hard for rare timepieces. It is necessary that you maintain great relation with the Salons to be able to own the watches as buyers already owning the watches are prioritized in the waiting list. There are only three exclusive Patek Philippe Salons – all based in Europe.
Authorized Dealers
In the case of USA, the only authorized source for getting a Patek Philippe is through the 78 Authorized Dealers operating only withing their area and only selling the watches in their area. So you cannot buy a Patek Phillipe if you are outside of the area of service of the dealers. Despite the downside it was introduced in order to help local buyers own a Patek Philippe faster without competing with outside buyers.
Non-Authorized Dealers
Thirdly, you can also own a Patek Philippe through unofficial sources, and often sell their products online and globally. These dealers are not restricted by the Brands’ regulation and can mark up the prices very high above the actual price. This comes with a benefit of avoiding the long waiting queue and the need to compete with others.
Conclusion
The Patek Philippe 5270J-001, featuring the chronograph perpetual calendar and manual winding movement showcases the sophisticated complications of the Patek Philippe classic watches and is renowned for its exquisite design, meticulous craftsmanship, and impressive complications.
Image Source: Patek Philippe 5270J-001
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