Patek Philippe

I was looking for some articles on the Patek ref. 5135P Annual Calendar. I came across a Sotheby's listing for an auction in September/October of 2025, so not too long ago. This one hammered at 25,400 Euros, or about $30,000 U.S. That seemed incredibly lo...  

There are quite a number of auction houses these days so buyers are spoiled for choice and can afford to discriminate based on condition and originality of a watch and whether it comes as a complete set. The market today is nowhere as strong as five years... 

...I guess there are bargains to be had, assuming you see the watch in person...

seeing the watch in person especially if one lives in a different city to where the auction takes place. The gamble could be deemed to risky as one has to rely on the condition report and photos.

Ie people paid these sums for these pieces at the time. For better or worse Chk

There are indeed bargains to find but also unrealistic prices for watches you can find online for a fraction of the auction result

Many sites inflate the price by at least 10-15% giving them a margin to negotiate. And when it comes to patek, unless it’s a nautilus or aquanaut, or a reference that was undervalued like a 3940 or 3970, prices are fairly flat. For example, I’ve been foll...