Introduction
Patek Philippe is renowned for producing some of the most exquisite and luxurious timepieces in the world. Among their impressive collection is the Patek Philippe 5496P-001, a stunning watch that combines classic design with modern functionality. In this article, we will delve into the retail and market prices of the Patek Philippe 5496-001, explore its model specifications, and examine the historical trends surrounding this timepiece.
Patek Philippe 5496P-001 Overview
The Patek Philippe 5496P-001 is a part of the Grand Complications collection, known for its intricate movements and high level of craftsmanship. This particular model features a platinum case with a diameter of 39.5mm, making it a substantial yet elegant timepiece. The dial of the 5496P-001 is a beautiful shade of sunburst blue, adding a touch of sophistication to the overall design.
One of the standout features of the Patek Philippe 5496P-001 is its annual calendar complication, which displays the day, date, and month, all while requiring only one manual adjustment per year. This functionality is a testament to Patek Philippe's commitment to innovation and precision in watchmaking.
Retail and Market Price
The retail price of the Patek Philippe 5496P-001 can vary depending on the condition of the watch, the availability of the model, and the retailer selling it. As of the time of writing, the retail price for a brand new Patek Philippe 5496P-001 is estimated to be around $85,000 to $100,000 USD. However, it is important to note that due to the exclusivity and high demand for Patek Philippe watches, prices can fluctuate in the secondary market.
In the secondary market, the price of a pre-owned Patek Philippe 5496P-001 can range from $60,000 to $80,000 USD, depending on factors such as the age of the watch, its condition, and any additional accessories that may come with it. Collectors and enthusiasts often seek out pre-owned Patek Philippe watches as a way to own a piece of horological history at a more accessible price point.
Model Specifications
The Patek Philippe 5496P-001 is equipped with the Caliber 324 S QA LU 24H/206 movement, which is visible through the sapphire crystal case back. This self-winding movement features a power reserve of approximately 35-45 hours and operates at a frequency of 28,800 vibrations per hour. The intricate finishing of the movement, including Geneva stripes and polished bevels, is a hallmark of Patek Philippe's attention to detail.
The annual calendar complication of the Patek Philippe 5496P-001 is displayed through three apertures on the dial, showcasing the day, date, and month. The moon phase indicator is also prominently featured at the 6 o'clock position, adding a touch of celestial elegance to the watch. The dauphine hands and applied hour markers further enhance the readability and sophistication of the dial.
Historical Trends
The Patek Philippe 5496P-001 was first introduced in the early 2000s and has since become a sought-after model among collectors and enthusiasts. Its timeless design, coupled with the practicality of the annual calendar complication, has made it a popular choice for those looking for a high-end timepiece that exudes elegance and sophistication.
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