The Patek Philippe Calatrava 5196P, crafted in platinum, represents the pinnacle of understated elegance in the world of haute horlogerie. This timepiece, a testament to Patek Philippe's commitment to refined simplicity and impeccable craftsmanship, commands significant attention from collectors and enthusiasts alike. Understanding its retail and market price, model specifications, and historical trends requires delving into the rich history and enduring appeal of this iconic watch.
Retail and Market Price: A Shifting Landscape
Determining the exact retail price of a Patek Philippe 5196P is challenging due to the brand's exclusive distribution network and fluctuating market dynamics. Officially, Patek Philippe doesn't publicly list prices, preferring a more personalized approach with authorized dealers. However, historical data and current market trends suggest that the original retail price of the 5196P was significantly higher than many other Calatrava models, reflecting the prestige of the platinum case material.
The secondary market, where pre-owned watches are traded, offers a more dynamic picture. The price of a pre-owned 5196P is influenced by several factors, including condition, box and papers (original packaging and documentation), and overall market demand. Generally, expect to pay a substantial premium above the original retail price, often exceeding it by several tens of thousands of dollars. This premium reflects the watch's inherent value, its limited production numbers, and the strong demand within the collector community. Variations in condition and accompanying documentation can further impact the final price. A pristine example with complete documentation will command the highest price, while watches with signs of wear or missing papers will fetch a lower value.
Model Specifications: A Study in Minimalism
The Patek Philippe Calatrava 5196P is defined by its minimalist aesthetic, reflecting the brand's commitment to classic design principles. Key specifications include:
* Case Material: Platinum 950
* Case Diameter: 37mm – a size that strikes a balance between classic proportions and modern wearability.
* Movement: Caliber 215 PS – a manually wound movement renowned for its precision and reliability. This movement showcases Patek Philippe's dedication to traditional watchmaking techniques, with intricate finishing visible through the sapphire crystal caseback.
* Power Reserve: Approximately 48 hours – sufficient for comfortable daily wear.
* Dial: Typically a simple, uncluttered dial in white or silver, often with applied baton hour markers and dauphine hands. This minimalist design emphasizes readability and timeless elegance.
* Crystal: Sapphire crystal, known for its scratch resistance and clarity.
* Water Resistance: Generally, water resistance is limited to everyday splashes, not suitable for swimming or submersion.
These specifications highlight the 5196P's focus on understated elegance and refined mechanics. The choice of platinum elevates the watch to a level of luxury, while the manual-winding movement underscores the connection to traditional watchmaking.
Historical Trends: A Legacy of Elegance
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