Frequently Asked Question
The most common questions about Patek Philippe Pre-owned
Is buying a Patek Philippe a good investment?Yes, absolutely some Patek Philippe watches can be a good investment but a luxury watch is not the sort of purchase you should make lightly. You should do plenty of research before committing to a particular model or brand. There are lots of reasons why people purchase luxury watches, too.Oct 1, 2021
Does Patek Philippe have resale value?RESALE VALUE: Patek Philippe's watches are known to either hold their value or even appreciate over time. Patek Philippe has one of the highest resell values among its competitors with the exception of Rolex. So there is much truth to their campaign slogan, it's an accurate description of their products.
Is it hard to buy Patek Philippe?But, as with all things luxurious and exclusive, buying a Patek Philippe is not as simple as just walking into a boutique and picking one off the shelf. With such a low production number, competition for the most popular models is extremely fierce, and you will most likely have to work to get your hands on one.Jul 14, 2019
Which Patek is the best investment?The standard stainless steel Nautilus watch by Patek Philippe, therefore, is an excellent investment timepiece. The standard Nautilus 5711 is a three-handed dial with a date display, available in blue or white.
How long will a Patek Philippe last?A complicated one, we're talking about six years approximately. And a very complicated one, like a minute repeater or a tourbillon, this is about eight years.” In other words, it depends. As Stern says, the main question is the complexity of the movement.Dec 20, 2020
Why is Patek Philippe Calatrava so expensive?Precious From the Inside Out: Patek Philippe's Materials 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
How accurate is a Patek Philippe watch?For movements, the Patek Philippe Seal specifies an extreme rate accuracy with a tolerance of no more than -3/+2 seconds per day. It imposes very strict requirements on the manual finissage of movement parts in keeping with the grand Genevan traditions.
What is the most expensive wrist watch?Daytonas with “Paul Newman” dials were already trending hard in 2017 when Newman's daughter decided to put her dad's up for sale, and the combination of celebrity ownership, rarity and pure hype led to the highest price for any wristwatch ever sold at auction, an astounding $17.8 million.Jan 20, 2022