Patek Philippe

Hi All,

My dad is looking to buy me a Patek Philippe for my graduation present and for work experience that I have done.

He has given me budget of $30,000 to purchase Patek Philipe. Should i buy it from auction like antiquorum? Anyone had experience buying watch from them?

 

Thanks

wrong question.

Why? Just so impersonal.

What do you like, love, have, prefer, ...? And please, don´t buy a watch just for to please anybody else than you. Not your friends, not your your boss, not your ... - just YOU.

Maybe I got the wrong impression, but it was my first impression when I was reading your post.

Cheers

Oliver

IMHO, i think considering it's your first Patek, you shouldn't think of getting a 2nd hand, or from a grey mkt dealer. Maybe it's just me, but i have and am a firm believer that you should buy from an authorizd dealer (no matter how ruthless/bas****s they can get!). That said, 30k wouldn't get you far buying a patek, but it also dosen't mean it won't get you anywhere!

i guess it's really up to you, find out which Patek suits you best? If you have to do loads of black tie events, maybe something more classy, a calatrava? but if you've got a job which is quite in the sun/hard hitting, a nautilus? a banker or someone who has to liason with international markets? a world timer no doubt. but what i can say is wearing a patek to work when you boss is just wearing an omega isn't something i recommend! :P

Well, considering it's a first patek, you should really cherish it, think carefully of what you want? it's really a milestone in my opinion! something like once you get it, you'd forever look back and not regret! you want the first one to be perfect! don't be too 'miser' or 'cheap' yet regret later on!

all said, i wish you the best, and really hope you let us know what you settle for!

For a memorial/milestone related gift like that I would always buy something representative of "your time" .. now.  So that means a new/current model.  Best watch under 30k?..  I'd suggest the 5127. Perfect embodiment of the brand, everyday wearer, timeless interpretation of a classic model, in your era.

get a 5712 new from AD, some have them sitting now....

that is IF you like it.. sounds like your just being handed 30k and that in return will not make you look as deeply as one might should..

if im spending 30k of my money i dont ask opinions i spend weeks looking for what i want and criticizing every single detail... but seems like ur like eh, what to get?

you should think about maybe going half and half with your dad and that way you will be more decisive and appreciate the item more so...

also... BUY NEW... with a patek your going to call your own for (hopefully) decades to come... wouldnt you want the peace of mind that its only been abused by you and know that your name is registered to the piece and that you know its entire history?

A 5167/1A and have change to buy a Rolex or if you could manage another 10k go for a 5711 as well.....you have 2 top watches...

Why have something for the sake of it? Graduated - check. Got BMW - check. Got Patek - check. Got fiancee - check. Live life with passion. and if no Patek inspires you, then respectfully pass on the gift: it's not worth it.

Hi,

Get the current catalog or go to their website!

See what models you like, you can get nearly any Calatrava or Gondolo model (except platinum models), or a stainless steel Nautilus or Aquanaut.

Just forget the chronographs and other complicated models.

Try to think what you want to do with the watch, wear it or not, when, ....

When you have options you can share them here and then we may be able to help you with comments and personnal opinions, or toher suggestions.

In the end buy a watch you really like.

Nice question though (for oneself)! 

Cheers

Dje

What do you mean by "good Patek"?

A good watch needs to go to a good home.

Make sure you have done your homework before you make your decision.

Good luck.

...its also the 1st step into being a man Don't take it wrong, but its never a good buy to get something jst for its tag. Easier to tell him, that you will take a tour at a shop that sells several high end brands, and see what watch you really like, and it might cost less then 30,000$. My advice, don't buy it jst cuz its a patek. If u do, and then with time, u start hating looking at ur wrist, u will regret listening to your father.

Criterias should be : Which one makes your heart beat faster, looks good on your writs, and what you are really looking for that watch to deliever ( fashion, flashy, status statement, etc...)

My personal experience with Patek, is that i never like those watches. I started appreciating them as i was getting more and more interested in watches. The process came slowly, took time. Now, i fully appreciate them, and i think i still have a good margin into discovering them still. I think that you cannot appreciate a watch such as a Patek, without having a background in your stories with watches.

Basically, if you were wearing all your life a seiko, and won the lottery, and can afford a Patek, you cannot enjoy it and appreciate it at its just value anyway.
I like your question though and good luck in your search.

Karim

"pretentious"

The whole tone is a little too strange for me!

 

Just my 2c( I don't have $30k)

 

Julian

I am looking for dress watch, since most of my current watch are all sporty. I curentlly own Panerai Pam 232, 26 (comming hopefully this December), Breitling Chronomat, Corum Bubble Bat and Jaeger Le coultre Reverso Sun and Day.  Im curentlly eying for either 5196 , 5296 or the 6000. What are your thought on those pieces? However I like the 5130 very much, how much is the RRP for the 5130 in Rose Gold? I might sell some of my watch to top up so i can get the 5130R.

 

Thanks

I would not sell any of the watches I have been given as a present, especially so soon after I got them.

My advice would be that you keep your other gifts and work until you have a spare 30k to really top up your dad's.

5130R is a wonderful watch. Congratulations on your excellent choice.

if it is truly to be an heirloom would be the classic lines of the 5124G. Its got the new movement and its really a fine watch, and truly will become classic. Have your Dad put the rest in a beaten down basket of bonds for your future 

 

I may get flamed but here goes with my view. You are wasting your time on a new Calatrava and any of the Annual Calender range, their value retention is not good in these times, and their prices too "reachable". With your modest hierloom piece and when finances permit , you will aspire to own a Perpetual Calender , Lemania Chrono or eventually a Minute Repeater. Those are much more than 30k but they retain their value because of exclusivity.

 

The reason I say this, is I would hate for your Dad to shell out 30k only to have it depreciate by 1/2. Better to take baby steps with a 16k patek that in my view is really well recieved and in demand.

Very wise words. 5124 is one of the nicest watches you can buy at the moment. Beautiful design, interesting movement, and the white gold version with Breguet numerals is imo sure to become sought after.

They are classic, discontinued models, and IMHO, much better versions of the 5712.

 

Just my 2 cents,

 

Larry