So when historians rank tanks, they typically do so along 4 axes: speed, armor, armament and production value.
The Panzer V usually does well in these rankings, but never wins due to that 4th metric. However, if you remove that metric, a case can be made that it’s the best overall tank in the war.
Finally, it is the cousin if my personal favorite tank, the Jagdpanzer V
Joshing aside it is and impressive find, not just any tank a Panther V arguably the best tank of the war. I also like the Jadgpanzer as well, glad they didn’t have these two tanks in bulk at the beginning of the war.
Basically, cost, technical difficulty of production, and numbers produced. The Mk V was very intricate, and required special tooling and all that.
As a result, about 6,000 were produced. The Soviet answer was the Soviet T-34/85, and about 55,000 were built.
So even though the Panther was a better tank in armor and armament (the T34/85 was faster), the T34 wins because they absolutely swamped the Germans.
Incidentally, there were about 50k M4 Sherman’s produced. And while this tank was mediocre in all regards except production value, it tends to place fairly high because it was cheap and easy to produce. Plus it served in every theater of the war.
Yep they overwhelmed them with numbers with a good enough tank. I think the kill ratio for the Tiger tanks alone on the eastern front was 10 to 1. But as you point out it doesn’t matter if the other side pumps out 55,000 tanks and Germany only managed to build 1,347 Tigers throughout the war and probably less Panthers.
Some argue that Germany should have just kept the panzer iv and upgraded the gun and armor because the price of the bigger tanks were so expensive and not to mention between the panzer iv and the stug III (Both highly successful) they were both way more reliable, suffering way fewer losses due to equipment malfunctions.
I adore Tigers though. It was state of the art for its time. Yes it was needlessly complicated like all German AFVs but the engineering that went into it was second to none.