Frequently Asked Question
The most common questions about Patek Philippe Silver
Does Patek Philippe hold 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 a Patek worth it?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
Why Patek Philippe is so 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
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.
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.
Is Patek Philippe French?Patek Philippe SA is a Swiss luxury watch and clock manufacturer founded in 1839, which is located in the Canton of Geneva and the Vallée de Joux. Since 1932, it has been owned by the Stern family in Switzerland. ... Patek Philippe is widely considered to be one of the most prestigious watch manufacturers in the world.
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
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
Why should I buy a Patek Philippe?They aren't flashy; they don't have to be. That's because Patek Philippe's understated elegance bespeaks confidence. Simply put, Patek owners know that they have the very best in craftsmanship, heritage and design sitting on their wrists — and once you've owned a Patek Philippe, nothing else will do.Nov 23, 2020
How often do you service a Patek Philippe?A Patek Philippe watch is designed to be handed down from generation to generation. For this reason - whether your timepiece needs to be repaired, restored or entirely overhauled - servicing a Patek Philippe timepiece regularly is essential to ensure its longevity. We recommend every 3-5 years or whenever necessary.
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
What is the oldest watch brand in the world?Vacheron Constantin,1755 Jean-Marc Vacheron, another young, independent watchmaker from Geneva, Switzerland, founded Vacheron Constantin in 1755. And as it has been in continuous operation since this date, it claims the grand title of being the oldest vintage watch brand still in existence.
How accurate are Patek Philippe watches?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.
Whats the cheapest Rolex you can buy?What Is The Cheapest Rolex. The cheapest Rolex is the 36mm Oyster Perpetual which costs $5,800 MSRP. The Oyster Perpetual is a no date stainless steel sports model that is considered the most affordable or entry level men's Rolex.Nov 3, 2021
Is Seiko better than Rolex?Grand Seiko models' build quality exceeds many luxurious watchmaking Swiss brands and is at par with some of the top Swiss high-end luxury watches. Over the years, Rolex has upgraded and updated its models. They communicate even minor product changes to continue being the best at making luxurious watches.Jan 22, 2021
How long does it take to make a Patek Philippe watch?Patek production is so detailed that it takes nine months to make its most basic watches, and more than two years to produce some of the more complicated timepieces.Nov 23, 2020
Do watches appreciate over time?Only some watches retain their value over time, but this is a highly speculative environment,” he said. Chong advises watch collectors to purchase timepieces only if “you love the looks, appreciate the fine mechanics and superb finishing, or find the history and traditions of the brand to be of interest”.May 20, 2021
Are Rolex accurate?A Rolex is an amazingly accurate mechanical timepiece. ... Position worn and stored gravity has a big impact on the internal movement components of your Rolex. Some mechanical watches will exhibit different accuracy behavior depending on how the watch is worn and/or stored at night (dial up, dial down, etc.).
Why Rolex is the best?Rolex is the most recognizable luxury watch brand. The basis for Rolex's success is its extremely high product quality extending over the many years of its existence. Rolex watches show time accurately and are robust, sturdy and reliable.Sep 26, 2021