2023 Edition: Price trends in the secondary market {Part 4} [Patek Philippe]

How much do you know about the market price of luxury watches in the secondary market? If you look at the data of various watch shops every day, you may say, "I know it all!" However, it is nearly impossible to set aside the time to do so, and I don't think there are many people like that. (Please forgive me, enthusiasts who check it every day (lol).) Furthermore, there are probably many beginners to watches who say, "I want to buy a luxury watch, but honestly, I have no idea how much it will cost."

So in this article, we would like to tell you "how much each model is selling for" = "how much you can buy it for" based on the average selling price in our store for the " last 6 months "! This is the 4th article, and this time we will focus on "Chronograph", "Annual Calendar", and "World Time" from among Patek Philippe's complication mechanisms, and "Perpetual Calendar" from among the grand complication mechanisms! Although this is only a guideline, please read to the end and use it as a reference!

The complication "chronograph" has many models that fascinate people due to the overwhelming technical ability of the "master of the chronograph". Here, we will introduce the solid gold model!

Complication "Chronograph"
Solid gold model

*Source: https://www.commit-watch.co.jp/buyer/watches/mens/patek_philippe/patek-philippe-other/complication-226438/
*The photo is "Ref.5170P-001"

The Chronograph continues to fascinate many watch lovers not only for its functionality but also for its design. In Patek Philippe's product classification, it is classified as a complication (complex) rather than a grand (super complicated), but its manufacturing method is the same as that of a grand complication. A simple three-hand model is good, but if you want another accent, why not choose a Chronograph model that also has high functionality?

The "Annual Calendar" has gained great popularity due to its functionality that does not require date adjustment and its easy-to-use design that can be used both on and off. Here, we will introduce the SS (stainless steel) model and the solid gold model according to the material!

Complication "Annual Calendar"
SS (stainless steel) model

*Source: https://www.commit-watch.co.jp/buyer/watches/mens/patek_philippe/patek-philippe-other/annual-calendar-284259/
*The photo is "Ref.5960/1A-001"

The "Annual Calendar" is also known as the "Yearly Calendar". With a normal calendar function, the date is displayed up to the 31st, so you have to adjust the date at the end of the month, but with the "Annual Calendar", you only need to adjust the date once at the end of February. The well-balanced calendar display window is an accent in the design, making this a truly versatile watch that can be used both on and off the job.

Complication "Annual Calendar"
Solid gold model

*Source: https://www.commit-watch.co.jp/buyer/watches/mens/patek_philippe/patek-philippe-other/annual-calendar-214977/
*The photo is "Ref.5205R-010"

The solid gold Annual Calendar models, which have many models that give off a glamorous and sophisticated impression, give a more elegant impression by using a leather strap instead of the bracelet used in the SS (stainless steel) models. There are also models studded with diamonds, so they are sure to be useful in dressy situations. Once you try wearing one, you will surely be captivated by its comfort and design.

The World Time is characterized by its unique dial design featuring guilloche decoration and the names of major cities around the world . Here, we will introduce the solid gold model!

Complication "World Time"
Solid gold model

*Source: https://www.commit-watch.co.jp/buyer/watches/mens/patek_philippe/patek-philippe-other/worldtime-266947/
*The photo is "Ref.5130P-001"

Today, many brands use the World Time, which allows you to instantly know the time in major cities around the world. This mechanism, created by Patek Philippe, is popular not only for its practicality, but also for its unique design with the names of cities lined up on the dial. Some people may think that the operation seems complicated, but in fact it can be operated with a single button, making it an excellent mechanism that is easy to use. There are also models that are relatively inexpensive among the same brand, so try wearing one and see for yourself how easy it is to use.

The Perpetual Calendar is one of Patek Philippe's grand complications, and continues to be highly popular due to its functionality and elegant design. Here, we will introduce the solid gold model!

Grand Complication "Perpetual Calendar"
Solid gold model

*Source: https://www.commit-watch.co.jp/buyer/watches/mens/patek_philippe/patek-philippe-other/perpetual-calendar-chronograph-262584/
*The photo is "Ref.5270P-001"

The "perpetual calendar" is also known as the "perpetual calendar". It is said to be one of the "three major complicated mechanisms" along with the "minute repeater" and "tourbillon" among many other mechanisms, and requires advanced technology to manufacture. Therefore, it can only be manufactured by a few brands, and the price often exceeds tens of millions of yen. Of course, the "perpetual calendar" has functionality, design, and status that are worthy of its value. Why not make purchasing such an extraordinary model one of your future goals?

What did you think.

The selling price of a watch varies greatly depending on various factors, such as the current trend, the balance between supply and demand, the condition of the watch, whether it has rare features, its year of manufacture, whether it has accessories, etc. In short, the selling price is determined by a combination of many factors, but by knowing the approximate selling price, you can set a goal for how much money you will need.

We hope to continue sharing information about other products in the future, so please look forward to it!

Once again, we hope this article helps you in your purchasing decision.