Why Patek Philippe is so beloved by watch collectors¶
Collectors of Patek Philippe watches differ from other watch enthusiasts. They don’t need to be dazzling; therefore, they aren’t. This is due to the fact that Patek Philippe’s subtle elegance exudes self-assurance. Simply stated, Patek owners are aware that they are wearing the pinnacle of workmanship, legacy, and design; after owning a Patek Philippe, nothing else will do.
Lack of Patek Philippe watches¶
Fewer than one million Patek Philippe timepieces are believed to have been produced since 1839. Fewer than what some extremely expensive Swiss manufacturers make in a year, in fact. The simplest straightforward watches made by Patek need nine months to complete, while some of the most intricate timepieces require more than two years. Worldwide demand is rising in the meanwhile.
Some Patek Philippe timepieces are so coveted that purchasers are required to go through an application procedure to prove they are qualified high-caliber collectors.
The style of Patek Philippe¶
A Patek watch’s movements are what give it its true beauty. The fact that every component is hand-finished may seem like an unnecessary detail, but only a watchmaker can properly appreciate it. Even a lay admirer, though, cannot but be moved by its beauty.
Dial design is also unparalleled. Even the wearer of a Patek Philippe watch often overlooks the faceted batons, hand-polished hands, and other subtle details that set it apart, but together they create a timepiece that feels and looks ideal on the wrist.
Value of a Patek Philippe investment¶
Vintage or contemporary, Patek Philippe outperforms all other watchmakers in terms of resale value. Completed watches for Patek’s 175th anniversary line is already selling for astronomical sums on the secondary market. Items like the 5131 Cloisonné Enamel were bought at retail and sold at auction for nearly twice as much.
In a larger, more historical context, a Calatrava might have been purchased for $300 in the 1950s; nowadays, they may for more than $20,000. There are perpetual chronographs that sold for less than $20,000 in the 1980s but now go for much over $400,000, such as the 2499/100 fourth series. Additionally, a vintage Nautilus from the 1970s that formerly sold for less than $3,000 is now worth more than $50,000. But you can find the Patek Philippe first copy watches even cheaper.
Archived Patek Philippe watches¶
The Patek Philippe archives provide a searchable “extract” of every watch the company has ever produced. Knowing that every Patek Philippe produced since 1839 can be traced back to its original manufacturing date and selling date inspires immense trust.
It’s a sure guarantee that anybody you meet who wears a Patek watch has accomplished something remarkable in their lives. The excerpts, which precisely describe each watch’s past, conjure specific times in people’s lives when they acquired a Patek Philippe.
Although Patek does not include the identities of past owners on its extracts, these archives contain the majority of the members of every royal family as well as several leaders of state and famous people. It provides excellent inspiration for the mind.
Perhaps the former owner was commemorating the conclusion of a war, the start of a new relationship, or the birth of a child with your watch. Some of the most exquisite timepieces we encounter have never been put up for sale.