Learn About Luxury Watch Market Patek Philippe Models
Patek Philippe Luxury Watch Market
All around the world, the name Patek Philippe is recognized as one of the finest luxury watch manufacturers. Throughout the years, Patek has wowed their audience with new watch models and innovations competitors would never think of.
While most of their iconic models come from circa the 2000s, the list of top 3 watches consumers idolized the most is different depending on who’s asked. Nonetheless, Collectors, retailers, watch enthusiasts, and bloggers can all agree on one thing; Patek Philippe watches are the perfect example of quality craftsmanship.
Here, we have supplied you with a list of timeless luxury watch market Patek Philippe watch models.
The Nautilus Ref. 5711/1A Luxury Watch Market Patek Philippe
Initially, the first 1976 Nautilus with reference number 3700 featured a stainless steel case originally designed by Gerald Genta in 1973. Once the Nautilus celebrated its 30th anniversary, Patek decided to release a new take on this model.
The 2006 Nautilus Ref. 5711 is recognized by watch enthusiasts everywhere as a revamped and effortlessly classic timepiece. While maintaining the simplistic beauty of the original design, reference 5711 enhanced its functionality in several ways.
This new and improved model was equipped with higher water resistance, a stronger wear-proof steel case, and an easily secured double-folding clasp. This model quickly overtook the luxury watch market; second-hand Nautilus watches continue to increase in value and now sell for far above retail price.
During a collaboration with Tiffany & Co., Patek released a limited timepiece with Tiffany’s signature on the dial. This watch was found trading for around $200,000 summer of 2020 after one had sold for $150,000 in June.
But other than retaining its value, this watch is good for many things. Patek lovers will argue that the Nautilus 5711 is the perfect everyday watch.
The Perpetual Calendar Chronograph Ref.5970 Luxury Watch Market Patek Philippe
At the pinnacle of grand complications, we have the Perpetual Calendar Chronograph reference 5970. The perfect combination of elegance and functionality, the Perpetual Calendar Chronograph is loved for its square pushers, stepped lugs, and balanced 40 mm case size. Reference 5970 was released equipped with the day, date, month, moon phase, and stopwatch mechanism (the chronograph).
Released from 2004 to 2011, ref. 5970 was the last Patek perpetual calendar chronograph watch model that used one of the most expensive internal mechanisms known to the watchmaking industry. The caliber of this watch was made entirely of 18k yellow gold, 18k white gold, 18k rose gold and platinum. When admired, this mechanism showed the intricacy and craftsmanship Patek is known for.
Scarcity applied to this model’s desirability as Patek only manufactured these models for a short period of time. This made all gold and all platinum versions of this watch all the more desirable.
The Grandmaster Chime Ref. 6300A Luxury Watch Market Patek Philippe
For their 175th anniversary, Patek Philippe wanted to release something that would leave the luxury watch world in awe. The Grandmaster Chime is to date one of the most complicated watches Patek Philipe has ever released. This model which features two dials and 20 complications is the result of eight years worth of development in Patek Philippe.
Patek is not new to the world of extremely complicated movements. At the top of the food chain, Ref. 6300A carries a grand 47.4mm case and sits 16.1 mm tall on the wrist making this one of the heftier Patek Philippe watches.
Inside this mechanism, the Grandmaster Chime contains 1,366 different parts including three gongs and three hammers. These 20 complications are all admired on two dials which are both displayed on the alternate sides of the case. This reversible case allows one to feel as if they own two completely different timepieces in one.
The Grandmaster Chime beat world records, one of them is being the most expensive watch in the world. This watch was rumored to go for over $20 million dollars prior to being auctioned. When Patek fanatics heard this they wanted to see how true this would be. Without a doubt, the Grandmaster Chime went above and beyond expectations when the auction hammer slammed at a $31 million offer in the Only Watch Auction.
Luxury Watch Market Patek Philippe
When it comes to owning a Patek Philippe watch, one should know it’s pretty much like having money in the bank. Whether you’re looking to buy a Patek Philippe, sell a Patek Philippe, repair a Patek Philippe, or trade-in a Patek Philippe, you always want to make sure you’re dealing with experts.
At Sell Us Your Jewelry, clients can rest assured they’re in good hands. For over 41 years, Gray and Sons Jewelers has been handling the needs of all Luxury watch market Patek Philippe. We know the ins and outs of all things having to do with the luxury watch market Patek Philippe. Call or visit us to learn more about how we can help you understand the Luxury watch market Patek Philippe. Luxury watch market Patek Philippe is the best place to buy, trade and sell luxury watches online. Learn more about the biggest World’s Luxury Watch Market Patek Philippe.