A few weeks ago The Wall Street Journal published a list of 10 rules for the vintage watch buyer. The first rule is buy something you want to wear. The second rule is buy a reputable brand. So far these watches are two for two. Patek Philippe watches have some of the best resale values among collectable brands and hold many of the price records for watches sold at auction. In 2009 a Patek Philippe Caliber 89 sold at auction for just over $5,000,000.00. Vintage watch prices have been appreciating for over 20 years. Patek Philippe, Rolex and Cartier watches in particular have maintained an upward trajectory as styles and tastes have changed.
There is no such thing as a cheap Patek. No… the one you bought on Canal Street for $50 doesn’t count. New or vintage, it’s going to cost you. But a vintage Patek Philippe offers a relativity affordable way to start a collection for less than $10,000.00.
Which way is Canal Street?
Above Middle: Patek Philippe Yellow Gold Calatrava $20,800.00 From Tourneau
Above Left & Right: Patek Philippe Calatrava
Above Left To Right:
1952 Patek Philippe 18K Yellow Gold Retro Styled Dress Watch $22,500.00 From Aaron Faber
1985 Patek Philippe 18K Yellow Gold Calatrava With 32mm Case $11,950.00 From Aaron Faber
1989 Patek Philippe 18K Rose Gold Anniversary Watch $36,500.00 From Aaron Faber
Above From Left To Right:
1950’s Patek Philippe 18K Gold Dress Watch $13,950.00 From Aaron Faber
1950 Patek Philippe 18K Yellow Gold Square Dress Watch $8,950.00 Aaron Faber
1990’s Patek Philippe 18K Rose Gold Gondolo Tonneau $17,500.00 From Aaron Faber
