Frequently Asked Question
The most common questions about Patek Philippe
How much does a Patek Philippe cost?With over 173 models available, a brand new Patek Philippe watch is going to cost you anywhere from $12,500 to $2 million and up. However, you should be aware that not every dealer offers every model.
Why Patek Philippe is expensive?The manufacturer only uses stainless steel for a small selection of watches. ... The way Patek Philippe watches are created means their production takes longer, resulting in lower inventories than most other luxury brands. This makes Patek Philippe watches highly exclusive and, thus, expensive.May 27, 2021
Is Patek Philippe the best watch?Patek Philippe watches are considered to be the world's best: full stop. Of course, there are other impeccable Swiss watch manufacturers with distinguished pedigrees and refined watches, but Patek Philippe has lodged itself in the conscience of watch lovers as the best brand of them all.Jul 9, 2015
Is a Patek Philippe 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.Dec 7, 2018
Who is the owner of Patek Philippe?The Swiss Stern family has owned Patek Philippe since 1932 when Charles Stern and Jean Stern acquired the company during the Great Depression. The Stern brothers' company, Fabrique de Cadrans Sterns Frères, had been a business partner of Patek Philippe as its supplier of watch dials.
How much was the Patek Philippe in succession?A supposedly box-fresh, roughly $15,000 Patek Philippe watch that was featured in the pilot of HBO's “Succession” was actually a duplicate.Jan 10, 2022
Can you buy Patek Philippe online?Luxury watch brand Patek Philippe is allowing its authorized dealers to sell its timepieces online. The ultra-exclusive watches were previously only available for purchase at one of its boutiques or through its selective group of partners.Apr 1, 2020
How much is the average Rolex?The cost of a Rolex can range anywhere between $6,500 all the way up to $75,000 MSRP. Factors that affect pricing are materials, new movements, collection popularity, and complications. The average price for most Rolex watches falls between $7,000 – $12,000 MSRP.
Are watches a Good Investment?Vintage watches can make great investments as they're usually more rare and unique than a new or used timepiece. ... Modern watches like the Patek Philippe Nautilus, Audemars Piguet Royal Oak, or almost any modern Rolex are so difficult to obtain at retail that they're instantly worth more after you buy them new.Sep 15, 2021
Do Chopard watches hold value?Their sales figures are still estimated at up there near the billion per year range which is quite impressive for a privately held business. Regarding the resale value, they will in most cases have a lower resale value than a Cartier watch.
What is the most popular Patek Philippe?In many respects, the Nautilus 5711/1A was a victim of its own commercial success. It is arguably the most popular Patek Philippe watch of the 21st century, and potentially the most sought-after Patek Philippe watch of all time.May 14, 2021
What does Patek mean?Jewish (from Poland): from Polish patek 'godfather', hence, as a Jewish name, perhaps a nickname for a person bringing a child in for circumcision.
How much does a Richard Mille cost?Richard Mille retail prices range between $60,000 – $1,300,000 MSRP. The average Richard Mille watch costs approximately $200,000 at retail MSRP. Complications, materials, and limited edition collections are all factors that contribute to how much a Richard Mille watch costs.Dec 24, 2021
How do I find my Patek Philippe model number?Patek Philippe is another tough brand because many people assume the number on the case back is the watch model number, but that is actually the watch serial number. A Patek Philippe watch model number or reference number is located on the inside of the case back.