How much is a Patek Philippe Geneve 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

How can you tell a fake Patek Philippe Geneve?

Less sophisticated fake Patek Philippes have the same flaws as all other cheap imitations. Look for misspellings, fuzzy, poorly stamped or engraved lettering, unevenly spaced letters or markings, or asymmetrically-placed subdials. Also look for gold-plating, which often is used instead of real gold on replica watches.

Why is Patek Philippe Geneve so expensive?

The manufacturer only uses stainless steel for a small selection of watches. The way Patek Philippe watches are created means their production takes longer, resulting in lower inventories than most other luxury brands. This makes Patek Philippe watches highly exclusive and, thus, expensive.

How much is a new Patek Philippe?

With over 173 models available, a brand new Patek Philippe watch is going to cost you anywhere from $12,500 to $2 million and up. However, you should be aware that not every dealer offers every model.

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.

What makes this Patek Phillipe 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.

What is the Patek Philippe Seal?

The Patek Philippe Seal, recognizable with the double P. Patek’s break with the Geneva Seal is a dramatic about-face for the firm, which for years touted it as the watch industry’s highest assurance of quality. The seal was created in 1886 by the Canton of Geneva to protect the reputation of the Geneva watchmaking guild.

What is the Patek Philippe Gondolo?

The Gondolo collection was named after the famous retailer in Rio de Janeiro, Gondolo & Labouriau , with whom Patek Philippe enjoyed a strong and successful business relationship between 1872 and 1927. This bond resulted in the creation of timepieces – designed exclusively for the Brazilian retailer – named the “Chronometro Gondolo”. The collection initially consisted only of pocket watches, before the first wristwatches appeared in the 1920s.