Buy Patek Philippe Watch
Known for its rectangular, tonneau, or cushion-shaped cases, the first Gondolo wrist watches were introduced in the early 1920s. Since its introduction, this collection has evolved into contemporary ladies watches.
buy patek philippe watch
Patek created its first perpetual calendar pocket watch in 1864 and the first perpetual calendar wrist watch in 1925. Since then, this complication has become a staple in many of their Grand Complications models.
Patek Philippe is one of the oldest watchmaking companies in the world. Its timepieces are some of the most exclusive and coveted watches in existence. Prices have hit new and staggering highs. And Patek Philippe shows no signs of slowing down yet.
The most expensive Patek watch ever sold is a Grandmaster Chime 6300A-010, made especially for the Only Watch Charity Auction in Geneva in 2019. It sold for a staggering $31.19 million USD. Made from steel, it features 20 different complications, including an alarm, earning it the status of the most complex Patek Philippe wristwatch ever created.
The story of Patek Philippe starts with Antoni Patek. He was born in Poland but fled his country in the early 1800s, seeking asylum in Paris and then Geneva in 1833. Here, along with Czech-born watchmaker Franciszek Czapek, he began buying and fitting watch movements in his own cases under the name Patek, Czapek & Cie.
The Patek Philippe collaboration was born in 1851, and the brand quickly garnered positive attention and established a name for itself. Its accomplishments and innovations included a precision regulator, a Patek watch that could display multiple time zones, a perpetual calendar for pocket watches, and the first-ever double chronograph.
The second oldest Patek watch model, as well as the thinnest, the Patek Philippe Golden Ellipse is noteworthy for its unconventional elliptical shape, somewhere between round and rectangular, and based on the golden ratio, scientifically proven to please the human brain. Other distinguishing factors include the colorful dials, simple hour markers, and hidden lugs, showing that Patek Philippe is as much a master of form as it is of function.
The real beauty of a Patek design lies in its movements. Every individual part is hand-finished, which might seem an excessive detailconsidering that only a watchmaker can truly appreciate it. And yet even the lay admirer cannot help but be struck by its beauty.
Dial design is similarlyunrivalled. The faceted batons, the hand-polished hands and the little tells that distinguish a Patek Philippe can often go unnoticed even by the person wearingthe watch, and yet they all add up to something that looks and feels perfect on the wrist.
As expected, demand for this unobtainable Patek watch sky-rocketed and prices have soared. While the last published retail price of the Patek Philippe Nautilus 5711/1A-010 was $33,710 it is not uncommon to find them on the pre-owned market selling for well beyond six figures.
Inspired by the geometric principle of the golden ratio, the Golden Ellipse was first released in 1968. As their name implies, Golden Ellipse watches feature ultra-slim elliptical shaped cases. Furthermore, to maintain a balanced and clean aesthetic, their dials include a pair of hands pointing to slim baton hour markers.
There are some quartz-powered vintage Patek Philippe Golden Ellipse watches available on the pre-owned market. However these days, the brand only makes mechanical versions of this elegant dress watch.
In 1999, Patek Philippe introduced a new collection of modern and luxurious, yet easy-to-wear watches for women. The watch was dubbed the Twenty4 as it was positioned as a watch to be worn for all occasions.
For almost two decades, the Patek Philippe Twenty4 lineup featured rectangular quartz-powered watches with integrated bracelets. In 2018, Patek expanded the Twenty4 lineup to also include round watches with automatic movements. Today, the Patek Twenty4 is available in both iterations.
Paul Altieri is a vintage and pre-owned Rolex specialist, entrepreneur, and the founder and CEO of BobsWatches.com. - the largest and most trusted name in luxury watches. He is widely considered a pioneer in the industry for bringing transparency and innovation to a once-considered stagnant industry. His experience spans over 35 years and he has been published in numerous publications including Forbes, The NY Times, WatchPro, and Fortune Magazine. Paul is committed to staying up-to-date with the latest research and developments in the watch industry and e-commerce, and regularly engages with other professionals in the industry. He is a member of the IWJG, the AWCI and a graduate of the GIA.Alongside running the premier retailer of pre-owned Rolex watches, Paul is a prominent Rolex watch collector himself amassing one of the largest private collections of rare timepieces. In an interview with the WSJ lifestyle/fashion editor Christina Binkley, Paul opened his vault to display his extensive collection of vintage Rolex Submariners and Daytonas.Paul Altieri is a trusted and recognized authority in the watch industry with a proven track record of expertise, professionalism, and commitment to excellence.
Bob's Watches is an independent watch dealer and is not sponsored by, associated withand/oraffiliated with Rolex S.A., Rolex USA, or any other brand listed on its website.Bob'sWatchesonly sells pre-owned watches and provides its own warranties on the watches itsells.The brandnames and associated model names for Rolex, OMEGA and other manufacturers are thetrademarks oftheir respective owners.
The cost of a Patek Philippe ranges anywhere between $21,000 and $485,000. The vastly wide range in pricing between Patek Philippe watches vary based on materials, complications, popularity, and complexity.
Patek Philippe watches are made by hand which means two things. The first is that it is very time consuming to produce a single watch. The second is that the quality of a handmade watch, especially from Patek, will be exceptional. Both reasons are factors that play the biggest role in why a Patek is an expensive watch.
The Patek Philippe Nautilus is a great example of a watch that increases in worth. The reference 5711 costs roughly $35,000 MSRP but sells as high as $175,000 on sites like Chrono24. The estimated $140,000 increase in value for the Patek Philippe Nautilus 5711 demonstrates the investment potential of buying a Patek.
Recently a Patek Philippe Nautilus 5711 Tiffany Blue dial watch sold at auction for $6.5 million. There were only 170 Tiffany Blue dial Nautilus watches made and it commemorated the 170th anniversary between the Patek and Tiffany collaboration.
The Complications collection by Patek Philippe starts out at $35,480 MSRP on the low end and cost as much as $163,230 MSRP. The average price of a watch in the Patek Philippe Complications collection is roughly $55,000.
The vast difference in pricing is due to the complication/functions of each reference. Patek watch movement can be quite complex. More complex movements take longer to manufacture since most everything is done by hand, which is a large reason why these watches cost more.
The Gold Ellipse collection is the most subtle of all the Patek Philippe watches. This simple and yet vintage dress watch only has three references with each costing $34,070 MSRP, $55,830 MSRP, and $72,150.
There are two factors to why Patek Philippe watches are so expensive. The first is that the watchmakers at Patek complete most the work by hand. This highly skilled labor is time intensive which translates to immediate higher prices for their watches. The second is that there is a tremendous amount of demand for Patek Philippe. The brand makes arguably the best watches in the world so between them having a high quality product plus a loyal following, they can charge top dollar for their product.
At Wrist Advisor, we offer honest and unbiased expert watch reviews on popular and interesting watches. We pride ourselves on being the expert authority on providing accurate information and in-depth analysis on the watches that our readers enjoy.
Patek Philippe actually launched the innovative ad campaign at the same time it opened its Manufacture in Plan-les-Quates (outside Geneva), which brought together all of its free-standing ateliers under one state-of-the-art roof. At the same time, the brand inaugurated its own luxury magazine for owners of Patek Philippe watches.
The original ads were conceived of by Leagas Delaney, London advertising agency, whose team developed the idea of placing the emphasis of the ad on the owner of a Patek Philippe and what he would get (emotionally speaking) from the purchase, vs. focusing on the watch itself.
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The Gondolo collection embraces all non-round watches with rectangular, tonneau- or cushion-shaped cases. These watches present a very contemporary interpretation of the Art Deco movement, one of Patek Philippe's golden eras.
Launched in 1932, the Calatrava was hailed as the most graceful and best-organized manifestations of the round watch; it ranks among the most striking and truly quintessential examples of the Patek Philippe style. 041b061a72