Patek Philippe | Grand Complications Ref. 5271/12P-010 Platinum (2024)

FAQs

What is the most sought after Patek Philippe model? ›

1) Patek Philippe Nautilus 5811/1G

The original Patek Philippe 5711 was a phenomenal success, resulting in a limited edition of the model with sought after “Tiffany” blue dial.

A Patek Philippe is an excellent investment as the watches demonstrate the capability to maintain and appreciate in value over the years. If you're looking out for a Patek Philippe with an eye for its future investment potential, it's a good idea to select any one of the above-listed models.

They certainly hold their value well.” If you're interested in buying a pre-owned Twenty-4 or any other Patek Philippe model, please don't hesitate to get in touch.

Diameter: 40 mm. Height: 14.3 mm. Water-resistant to 30 m. Interchangeable solid and sapphire crystal case backs.

Patek Philippe employs master jewelers who hand-set each stone, creating intricate designs that enhance the watch's beauty. This level of craftsmanship and the use of high-quality gemstones significantly contribute to the high prices of these luxurious timepieces.

Patek Philippe watches, such as the Nautilus or Grand Complications, often appreciate in value significantly, owing to their rarity and complex craftsmanship.

“Patek has been making watches for 180 years, while Rolex has only been around for 110,” notes Bob's Watches founder and renowned Rolex collector, Paul Altieri. “But in that time they've eclipsed any other luxury watchmaker. Patek may still be tops in terms of pure prestige, but Rolex is more iconic and much cooler.

A Patek Phillippe, Breguet or Vacheron on the wrist reflects a man who appreciates the mechanics of a good watch – someone who will spend a lot of money to ensure reliability and incredible quality but doesn't necessarily want the world to know the size of their bank balance.

While you certainly could wear such a watch as your everyday timepiece, a Tiffany dial version of the ref. 5164R-001 really lends itself best to being an investment piece, simply because regular wear and damage can potentially detract tens of thousands of dollars from its resale value.

Due to their extremely limited production, coupled with the high demand and high value of their watches, there are unfortunately many fake Patek Philippe watches on that market that can deceive the average buyer.

What is the cheapest Patek Philippe in dollars? ›

While Patek Philippe as a brand is renowned for timepieces that hold or even appreciate in value, it's essential to note that not all models are guaranteed to see an increase in their worth. Factors like production numbers, historical significance, and market demand can play a significant role.

Unlike brand new watches from the retail market, you can land a watch from the pre-owned market that's a little older and may likely increase in value. Patek Philippe is highly sought after, even more so than Cartier and Breitling, meaning finding a piece at retail is very difficult.

A 'complication' in watchmaking is anything a mechanical watch might do beyond telling the time and simple date. Patek Philippe upholds a tradition in complications that are useful in everyday situations, such as Annual Calendars, dual time zones and World Time displays.

The Grandmaster Chime is the most complicated Patek Philippe wristwatch ever made. It boasts twenty complications, a reversible case and two independent dials and six patented innovations.

Patek Philippe Nautilus 5711

As a full stainless steel model with a time and date window, the Nautilus 5711/1A is the closest contemporary version of the original reference. It is also the most popular Nautilus model and often considered to be the hottest luxury watch in today's market.

As of December 2022, the most expensive watch (and wristwatch) ever sold at auction is the Patek Philippe Grandmaster Chime Ref. 6300A-010, fetching US$31.19 million (31,000,000 CHF) in Geneva on 9 November 2019.