Patek Philippe

Patek Philippe | Men & Ladies Watches | Watches World

“You never actually own a Patek Philippe. You merely look after it for the next generation” 

This slogan is reminiscent of the brand’s iconic status and unrivaled exclusiveness. In 1839, Antoni Patek and Adrien Philippe founded Patek Philippe. The brand is known for its great inventions like the minute repeater, split-seconds chronograph, and the perpetual calendar in mechanical watches. The Grandmaster Chime ref. 6300A-010 sold for $31.19 million in 2019 Christie’s auction which is the current record for the most expensive timepiece. In short, nine out of the top ten most expensive watches ever sold at an auction are Patek Philippe watches. This shows you how prestigious they are. The brand is one of the big 3 watchmakers in the world famously known as the Holy Trinity – the other two being Audemars Piguet and Vacheron Constantin.

Do Patek Philippe watches hold their value?

Whether a luxury watch holds its value is a common concern for watch collectors. They prefer to buy a watch that will appreciate over the years. If you own or plan to own a Patek Philippe timepiece, you are likely to get a higher return on your investment over time. They will double or triple in price after a couple of years, especially the rare, limited editions.

What is the cheapest Patek Philippe watch?

As a high-class luxury brand, cheap is not a word you will most likely find associated with Patek Philippe. It prides itself as a powerful brand made for people who don’t mind throwing a lump sum fortune for a timepiece. But if you want to enjoy the affluence of adorning a Patek Philippe on your wrist without having to wait in line or break the bank, there are a few affordable models you can consider.  For instance, the Aquanaut 5167A starts at around $21,000. Other models to consider are the Patek Philippe Calatrava, Gondolo, Twenty Complications, and Nautilus.

How to buy a Patek Philippe watch?

Buying a highly sought-after watch like Patek Philippe is not as easy as walking into a store and purchasing off the shelf. With about 60,000 watches  produced annually, all Patek Philippe models from the Calatrava to the Nautilus are exclusive and worth the noise. To own a Patek Philippe timepiece, you must visit an authorized dealer. A downside of these authorized dealers is that they have a limited number of watches and getting one would require you to build a relationship with them. This leaves the pre-owned market as the fastest way to get clean, used Patek Philippe watches. You’ll get some rare, classic timepieces that are no longer produced.