Patek Philippe

Hello all, I was looking for a little input. This appears to be a 1940s Patek Philippe rose gold wrist watch with an alligator band. Obviously in need of cosmetics however it seems to keep time well. Not sure what it could be worth and if it should be restored. Anyway do you guys think it is savable or junk? Thanks for your input!

Cost will be high but personally I think worth it

 

Dial will need to be refinished or at the least cleaned up. There does appear to be enamelling on the letters.

Needs new hand and crystal

 

need to see movement as well

PP can definitely do this but get a quote first

 

Good luck

 

Julian

How much would it be worth restored? I don't want to put too much money in it and be upside down.

Tarry

Hi,

We don't discuss value of watches here, but I think I'm not wrong if I say that the restored watch will be valued more than the cost of the restoration by Patek Philippe.

Maybe some will confirm my opinion.

Cheers

Dje

... the closest I could match, but without finding the real reference, is to reference 1480 and 1488, assuming the caliber used is 9-90.

 

If the watch keeps quite well time than it should not be too costly to service it.

 

Without parts exchange it should not be an argument, not to give it to service.

 

The overhaul of the case should be also not too costly, but the dial is most likely the most expensive part, if

 

it shall be the original one like.

 

Overall: it should (!) be o.k. to give this piece to repair after an estimate (!) from Patek.

 

To the owner now: financially it should make sence to repair it, but it does not mean that you will be rich after selling.

 

Hope it was helpful

 

Regards

 

Moritz

I did not intend to break the forums rules or edict. I do not understand what you are saying in the following quote. “could be right Dje the closest I could match, but without finding the real reference, is to reference 1480 and 1488, assuming the caliber used is 9-90.” Assuming 1480 and 1488 are model numbers what does 9-90 mean?

... and 9-90 is the movements "name".

Caliber is the technical term and horological lingo for the movement.

It is engraved into the movement, if you carefully open it you will see. But mostlikely, due to the production year, it is a 9-90.

Regarding the rule about value discusions: Fair enough not to speak about discounts at the AD (sorry, another lingo= authorized dealer ) ! 

BUT here are MAYOR POSTS about auction results,like the one that reports how much the Sterns have paid at an auction recently to get a time piece into there own museum back ???

Do not know why this is accepted ???

Back to your lovely beauty: it is  a rose ! No doubt, as it is quite decently functioning.

Ask Patek for a quote, but I believe it makes financially sence ...

Regards

 Moritz

 

 

This message has been edited by COUNT DE MONET on 2010-07-29 13:22:59

Watch is a thorny rose now, after alot of TLC you will be happy with the finished product. The dial will be most expensive to replace but the overall value should far exceed the costs.

... has its dawn.

Just like every cowboy sings a sad, sad song: Every rose has its thorn."

Poison 1988

Yes, it is a rose, the more I think about it...


Regards

Moritz

This message has been edited by COUNT DE MONET on 2010-08-04 10:59:56

there is no such thing as Patek junk, imho.

Hi,

IMO it is not worth having it restored at Patek Philippe as it is too costly compared to the value of this particular watch...

Let me explain:

These very small rectangular watches from the 40ies are not valued on the recent market and specially this shape.

Now these kind of watches are a little bit out of fashion and this is reflected in the low prices paid for them.

Would be a different situation with a "Banana", "Pagoda" or an "Hourglass" - then it would make sense to spend $2000 or even more...

I would have the watch cleaned and lubricated, give the case a light cosmetic treatment - only smooth hand detailing - NO BUFFING WHEEL!!!!

and keep it!

 When tastes and fashion will change some day in the future it may be good to have it in the drawer  

Just my 2 cents

Erich