How Much Is A Patek Philippe
The cost of a Patek Philippe ranges anywhere between $21,000 and $485,000. The vastly wide range in pricing between Patek Philippe watches vary based on materials, complications, popularity, and complexity.
Patek Philippe watches are made by hand which means two things. The first is that it is very time consuming to produce a single watch. The second is that the quality of a handmade watch, especially from Patek, will be exceptional. Both reasons are factors that play the biggest role in why a Patek is an expensive watch.
How Much Is A Patek Philippe Worth
Patek Philippe watches are in a special class when it comes to luxury watches. Although many Swiss watches are considered luxury goods, only a few brands appreciate in value after purchase, most notably Rolex and Patek. Between those two brands Patek owners benefit the most. All Patek Philippe watches are worth more pre-owned vs when bought new. Patek simply doesn’t produce enough watches to meet demand which is the main cause of the increase in worth of Patek watches.
The Patek Philippe Nautilus is a great example of a watch that increases in worth. The reference 5711 costs roughly $35,000 MSRP but sells as high as $175,000 on sites like Chrono24. The estimated $140,000 increase in value for the Patek Philippe Nautilus 5711 demonstrates the investment potential of buying a Patek.
2022 Patek Philippe Pricing For All Models & References
In this article we’ve compiled all the current Patek Philippe watches in production, organized them by collection, and sorted them by price. This organized 2022 Patek Philippe price list is the most up to date.
Each reference’s link will take you to the Patek website where you can learn more about each of these individual watches.
How Much Is A Patek Philippe Nautilus
The Patek Philippe Nautilus pricing starts at $34,890 MSRP for the stainless steel 5711 reference and costs as much as $134,840 MSRP for the 5740/1G reference. The average Nautilus price is roughly $60,000 MSRP.
Often considered the most popular sports watch, the value of a Nautilus is in a league of it’s own. On the used market these watches are priced 3x-4x of new ones at MSRP.
Recently a Patek Philippe Nautilus 5711 Tiffany Blue dial watch sold at auction for $6.5 million. There were only 170 Tiffany Blue dial Nautilus watches made and it commemorated the 170th anniversary between the Patek and Tiffany collaboration.
Interested in the Nautilus, check out our comprehensive review and why it might be the best sports & value watch.
How Much Is A Patek Philippe Calatrava
The Patek Philippe Calatrava is considered by many to be the dress watch of choice. For many decades, the simple Calatrava has been a symbol of success, elegance, and grace. It’s the quality and extreme attention to detail which has made this dress watch stand out in a crowd.
A Patek Philippe Calatrava can be purchased new from $24,600 MSRP to as much as $40,810 MSRP. At these price points, the Calatrava is the most entry level Patek Philippe.
Don’t expect a Calatrava to shoot up in value once you’ve purchased one. Pre-owned pricing doesn’t fare as well for the Calatrava as it does for other collections. The Patek Philippe Calatrava holds it value well compared to other brands but it doesn’t experience the same growth as others in the Patek family.
How Much Is A Patek Philippe Complications
The Complications collection by Patek Philippe starts out at $35,480 MSRP on the low end and cost as much as $163,230 MSRP. The average price of a watch in the Patek Philippe Complications collection is roughly $55,000.
The vast difference in pricing is due to the complication/functions of each reference. Patek watch movement can be quite complex. More complex movements take longer to manufacture since most everything is done by hand, which is a large reason why these watches cost more.
How Much Is A Patek Philippe Grand Complications
The most expensive of all the Patek Philippe collections is the Grand Complications. The entry level price point for the Patek Philippe Grand Complication collection is $92,260 MSRP for the reference 5327J and the most expensive is the reference 5372P at $485,000 MSRP. The average price of a Grand Complication is roughly $300,000 MSRP.
Easily the most prestigious of all the collections, the Grand Complication watches produced by Patek are modern marvels when it comes to watchmaking. You’re more likely to see these watches getting passed down to the next generation instead of hitting the pre-owned market. If you do see one on the used marketplace, expect to see a hefty price tag.
How Much Is A Patek Philippe Aquanaut
The Aquanaut is the most affordable Patek Philippe collection. This collection has the reference 5167A starting at $21,650 MSRP. Of course there are precious metal references like the 5968G that top the collection out at $69,190 MSRP.
The average price of an Aquanaut at MSRP is roughly $43,000 making this collection one of the most attainable from Patek.
How Much Is A Patek Philippe Gold Ellipse
The Gold Ellipse collection is the most subtle of all the Patek Philippe watches. This simple and yet vintage dress watch only has three references with each costing $34,070 MSRP, $55,830 MSRP, and $72,150.
Although this watch isn’t designed for the masses, this elegant and sophisticated look attracts horological purists who have a taste for high end dress watches.
Commonly Asked Questions
What Is A Patek Philippe Watch Price?
Pricing ranges from $20k all the way up to $485k for new Patek Philippe watches. On the pre-owned market at auction, we’ve seen Patek Philippe watches, the Nautilus Tiffany Blue, sell for $6.5 million.
Why Is Patek Philippe So Expensive?
There are two factors to why Patek Philippe watches are so expensive. The first is that the watchmakers at Patek complete most the work by hand. This highly skilled labor is time intensive which translates to immediate higher prices for their watches. The second is that there is a tremendous amount of demand for Patek Philippe. The brand makes arguably the best watches in the world so between them having a high quality product plus a loyal following, they can charge top dollar for their product.
How Long Will A Patek Philippe Last?
If properly maintained and cared for, a Patek Philippe should last a lifetime and more. Patek brags about their customers never actually owning a Patek, they are just taking care of it for the next generation. This catch phrase is entirely true.
Do Patek Philippe Watches Sell More Used Than New?
Most Patek Philippe watches that have been properly cared for sell more pre-owned than new at MSRP. Exceptions to this are older vintage watches or ones that haven’t been poorly cared for.
Are Patek Watches Considered An Investment?
Patek Philippe watches can certainly be considered as an investment. The best strategy to get the most monetary value when owning a Patek Philippe watch is to buy it new.
How Difficult Is It To Buy A Patek Philippe?
It is extremely difficult to buy a Patek Philippe new at authorized dealers. Almost all their watches command a waitlist and that list is usually reserved for preferred clients of the dealer. What that means is that if you’re not a significantly large spender at that store, chances of you buying one of these watches new are slim.
Where To Buy A Patek Philippe?
Patek Philippe has a considered dealer network considering their production capacity. You can visit their website to find the closest Patek Philippe authorized dealer near you.
Is Patek Philippe The Most Expensive Watch?
Although Patek Philippe manufactures and sells very expensive watches, they do not sell the most expensive watch.
Is Patek Philippe The Best Watch?
Who makes the best watch is debatable and there are many different opinions. What everyone can agree on is that Patek is universally accepted as a top tier watch manufacture.