What is the cost of a Patek Philippe watch?

What is the cost of a Patek Philippe watch?

How much is a Patek Philippe Watch?

Model Price (approximate)
Patek Philippe Grand Complications $580,000 USD
Patek Philippe World Time $150,000 USD
Patek Philippe Gondolo $116,000 USD
Patek Philippe Nautilus Chronograph $70,000 USD

Are Patek Philippe watches worth the money?

VALUE. Unlike other watchmakers, Patek Philippe watches have a good resale value. It can make a good investment because the value of the watch will most likely increase over time. You can find modern or vintage Patek Philippe watches on the secondary market trading for outstanding prices.

How much does a Patek and Phillip watch cost?

It is a very rare watch and starts at around $265,000 . In 2018, Patek Philippe introduced a chronograph model in the collection, the Aquanaut Chronograph, Ref. 5968. This watch mounts the same…

Why are Patek Phillipe watches so expensive?

One of the reasons Patek Philippe watches are so expensive is the amount of research, development and design that has gone into the initial conception of the watch. For example, a new movement can take several years and millions of dollars to develop.

How much is a Patek Philippe watch?

In June 2019, at Christie’s An Evening of Exceptional Watches, the top lot was none other than a Patek Philippe. The Reference 3448 sold for a record-breaking $1,155,000 . In addition to special models like this, models like the Nautilus have reached cult status. So much so, Patek Philippe can’t keep up with the demand.

How many watches does Patek Philippe produce annually?

This leads us to the question: How many watches does Patek Philippe make annually? In 2018, Patek Philippe made 62,000 timepieces. To make this possible, the company employs more than 2000 employees. Note, however, that far from everyone works with the manufacturing part.

What is the cost of a Patek Philippe watch? How much is a Patek Philippe Watch? Model Price (approximate) Patek Philippe Grand Complications $580,000 USD Patek Philippe World Time $150,000 USD Patek Philippe Gondolo $116,000 USD Patek Philippe Nautilus Chronograph $70,000 USD Are Patek Philippe watches worth the money? VALUE. Unlike other watchmakers, Patek Philippe…