Do Patek Philippe watches preserve their value?

Patek Philippe, founded in 1839, is a famous Swiss watch brand, ranking first among the top ten watches in the world and known as the "king of watches". It is one of the only truly independent watchmakers in Switzerland, and it is produced by itself from beginning to end. It takes about 10 years to train a Patek Philippe watchmaker.

Patek Philippe watches are certainly valuable. Patek Philippe has always been the darling of the auction, but not every Patek Philippe watch is so valuable.

On June 27th, 2020, Fuyisi Unicom and BACS &；; Russo in h? Tel La Réserve Hotel held the 1 1 Geneva Watch Auction, which is a patek Philippe ultra-complex timepiece with a model number of Ref. 15 18 and a rose gold dial. It is reported that Patek Philippe produced nine Ref. 15 18 pink rose gold watches at the beginning of * *, and this one is the only one with blue steel hands (the conventional gold hands, which were customized by the original watch owner), and the final transaction price was more than 24 million.

Today, Patek Philippe is selling ultra-complex timekeeping functions at prices ranging from hundreds of thousands to millions. Even with the extra cost of customization, this watch is excellent at today's price.

As mentioned above, not all Patek Philippe watches are so valuable, which depends on some factors: first, Patek Philippe is the top ten famous watches in the world, with exquisite watchmaking technology and a long history and culture; Second, whether the function of the watch and the materials used are precious metals, such as perpetual calendar, moon phase, chronograph, and materials such as gold, platinum, gold and rose gold; Third, is this watch a limited edition? That thing which is rare is dear. How scarce is this watch you bought and what is its background? All these decide whether this watch keeps its value.

But now there is no need to limit the quantity and do precious metal preservation. The best example is Patek Philippe's so-called Nautilus style. The basic model of this style is a watch made of stainless steel. However, the unique design has been loved by the public, and now it has a high premium in secondary shopping malls. Not long ago, Patek Philippe announced that it would stop production of blue stainless steel Nautilus, and the price soared.

Generally speaking, Patek Philippe's more collectible watches are masterpieces of some masters, or some limited editions, and some watches with more complicated functions. These are some more valuable styles, but their prices are not acceptable to ordinary people. (image cr network, invasion and deletion)

Patek Philippe watches, some of which are very precious. Look at this one below.

October 2017165438+10, one patek Philippe world timepiece, produced in 1953, model REF. 2523, 18K gold case, the auction price is as high as HK$ 22.3 million, and the contract is 18K.

At present, the official price of Patek Philippe world timepieces on sale is almost 300,000-400,000 RMB. Not counting the current price 1953, it is also excessive hedging.

Of course, not all Patek Philippe will preserve its value, which depends on two factors:

The first is whether the brand value of Patek Philippe can be as high as it is today and last forever.

Second, is the Patek Philippe furniture you bought not scarce? How scarce.

For example, the auction of ref.2523, the survey results of Fu Yisi auction house show that this watch is extremely scarce:

1) is well preserved, and the case is not polished, keeping its original appearance.

2) There are patterns carved by hand and machine in the center of the dial. Only 3 pieces of this dial decoration are known 18K gold ref.2523.

3) Double signature watch with the name of the seller, French jeweler Jean Guillermin, printed on the case. Only three known double signature watches have sellers, and the other two are Gaby and Tiffany.

You see, the last two items labeled this well-preserved watch as an "orphan", so they can shoot such a high price, which not only preserves the value, but also greatly increases the value.

Well, the premise must not be forgotten that the brand value of Patek Philippe should always be there.

So if you have a lot of money and plan to invest for a long time, you are willing to bet that Patek Philippe will be so sought after in the next few decades and have such a high brand value.

Then spend money to buy it. After obtaining the qualification, you can customize your orphan list and pass it on to your descendants, waiting for the watch to appreciate in the future.

Things are rare, and limited edition watches will definitely preserve their value. Why Patek Philippe, Vacheron Constantin, Breguet and other famous watches? Value preservation? The key point is that these famous watches are hand-made, unlike Rolex's mass production and limited global sales. This watch can't be sold even if it costs money in the future. This is rare and expensive.