Question: Do Patek Philippe Watches Hold Value?

How long will a Patek Philippe last?

And, while no one will specify, the wait is said to be as long as eight years.

“Why is the Nautilus so popular,” Thierry Stern, president of Patek Philippe, asked rhetorically in an interview last October in Milan during one of the family-owned house’s promotional events..

Is Patek worth the money?

Is it worth it? In simple monetary terms, it stands to reason that anything with so much heritage, innovation, high-quality craftsmanship and exclusivity is going to be worth a great deal of money, and yes, it will hold its value for when your grateful child takes ownership.

What is the least expensive Patek Philippe?

5067 / 68 / 72 / 62 Ladies Aquanauts. Quartz, small, and styled for a traditionally feminine look, these smaller Aquanauts run on quartz. These also have the distinction of being some of the most affordable Patek Philippe watches, despite the diamonds, and start at $16,900.

What’s more expensive Patek vs Rolex?

Rolex is more of an iconic, brand-making company known for being an original tool and Patek Philippe is known for being an extremely elegant dress watch made for the elite. With a simple search you will see that Patek’s base prices are more expensive, however, that doesn’t mean they are superior overall.

Can anyone buy a Patek Philippe?

There are three major avenues people use to buy Patek Philippe watches. … The next option to acquire your Patek Philippe is from a third party owned jewelry store or a stand-alone boutique that is authorized by Patek Philippe to sell its watches. The non-Patek Philippe affiliated option is the secondary market.

What are the best watches to collect?

10 Watches you Should Own, According to CollectorsCasio G-Shock.Tag Heuer Monaco.Patek Philippe Calatrava.Breguet Type XX or XXI.MB&F Horological Machine.Jaeger-LeCoultre Reverso.Audemars Piguet Royal Oak.Breitling Navitimer.More items…

Without further ado, we present the five most iconic references introduced by Patek Philippe in the 21st century:Nautilus, Ref. 5711/1A.Perpetual Calendar Chronograph, Ref. 5970P.Sky Moon Celestial, Ref. 6102P.First Ladies Chronograph, Ref. 7071.Grandmaster Chime, Ref. 6300A.

What are the top brands of mens watches?

The Top 25 Watch Brands To Know Now1 Jaeger-LeCoultre. Jaeger-LeCoultre. … 2 A. Lange & Söhne. … 3 Audemars Piguet. Audemars Piguet. … 4 Piaget. Piaget. … 5 Cartier. Cartier. … 6 Harry Winston. Harry Winston. … 7 Benson. Benson by Marcel. … 8 Longines. Longines.More items…•

How can you tell a fake Patek Philippe watch?

Authentic Patek Philippe watches will be have crisp and evenly spaced printing, free from misspellings. Apart from skeletonized models, real Patek Philippe watches do not have a visible tourbillon or balance wheels on the dial. All modern Patek Philippe watches use sapphire crystals.

How do I sell a Patek Philippe watch?

The Ultimate Guide to Selling Pre-Owned Patek Philippe WatchesStep 1 – Find Out the Reference, Case, and Movement Numbers of your Pre-Owned Patek Philippe Watch. … Step 2 – Gather All Boxes, Papers, and If Necessary, Order From Patek’s “Extract from our Archives” … Step 3 – Research Approximate Market Value for Your Pre-Owned Patek Philippe Watch.More items…•

Which watches hold their value?

Watches That Hold their ValueRolex Submariner 16610 F601388 auctioned at Worthy for $4,252.Jaeger-LeCoultre Master Memovox. … Patek Philippe Aquanaut 5167A-001 4703392 auctioned at Worthy for $14,478.Omega Seamaster Planet Ocean Casino Royale Limited Edition recently sold at Worthy.TAG Heuer Carrera WV2413.BA0793 Ewu3352.More items…

Is Patek Philippe better than Rolex?

But at the end of the day, Patek is much more focused on luxurious, complicated dress watches, whereas Rolex has a much sharper eye for luxury sports watches. The two brands have entirely different expertise (and price points), making it quite hard to say that one is “better” than the other.

What is the best luxury watch for the money?

The best luxury watch brands of 2020Rolex. If there’s one watch brand out there that everybody knows, it’s Rolex. … Patek Philippe. Switzerland has become synonymous with luxury watches and one of the top Swiss watch brands of all time is Patek Philippe. … Audemars Piguet. … A. … Omega. … Blancpain. … IWC Schaffhausen. … Jaeger-LeCoultre.More items…

Should I buy Rolex or Omega?

In terms of overall accuracy, Omega wins, since they not only make mechanical watches but also quite a few quartz watches. Quartz watches, as we all know, are more accurate than their mechanical counterparts. Rolex, on the other hand, doesn’t manufacture quartz watches anymore.

Why are Patek Philippe watches so valuable?

Quality is the most precious resource at Patek Philippe. The entire company is designed to support it. With the introduction of the Patek Philippe Seal in 2008 the company imposed rigid standards that often exceed normal industry standards. But the commitment to quality does not just apply to the watches themselves.

Who buys Patek Philippe watches?

Harold Freeman buys both modern and vintage Patek Philippe watches. For over 30 years, we have been purchasing fine Swiss watches from satisfied customers throughout the United States. We pay more for your Patek Philippe watch!

Why Patek is so expensive?

Only 50,000 watches from Patek Philippe are produced a year. Compared to other watch brands that produce around 1 million per year, this is a limited amount. The detailed production process of the Patek watch is the reason for this low number. Making some of its most basic watches would take about nine months.

How much is an entry level Patek Philippe?

Most first-time Patek Philippe buyers will gravitate towards entry-level models priced at between US$19,000 and US$30,000. Within this price range buyers have several options to choose from: the Calatrava, Nautilus and Aquanaut families.