After much anticipation and rumour it was confirmed at Basel that Patek Philippe will be releasing the 5070P this year.
The 5070 is a manually-wound chronograph from the Patek Philippe portfolio. Until now, it has only been made in 18ct white and rose gold but this year it will be made in platinum also.
Prices are expected to be in the region of £45,000 when the watch is launched later in the year, but only for those lucky enough to get hold of one. An immediate collectors’ piece, this watch is generating huge demand around the globe, especially in view of recent auction sales where Grand Complication Patek Philippe watches have been making huge premiums over their list price.
As you might anticipate, supply of this watch will be extremely limited and it will be made for just one year. I would suggest that you are very nice to your local Patek Philippe retailer, although he probably has a queue of people outside his door.
Other watches that you should keep an eye out for later in the year include the new Rolex Day-date II, the Jaeger-LeCoultre Polaris limited edition and the Omega Seamaster, James Bond limited edition, amongst many others.
For more information about the brands mentioned above email karl.irwin@davidmrobinson.co.uk