Visit a Specialized Purchase Store Otakaraya to Sell Your Patek Philippe.
Visit a Specialized Purchase Store Otakaraya to Sell Your Patek Philippe.
Patek Philippe, founded in 1839 by Antoni Patek and Adrien Philippe, is a Swiss luxury watch brand renowned worldwide. Praised by watch enthusiasts as the "ultimate timepiece," iconic models such as the "Calatrava," the sports models "Nautilus," and "Aquanaut" are highly regarded classics. At Otakaraya, we offer high-price purchases for Patek Philippe watches. Rare models and limited editions are also accurately appraised by our expert team.
Patek Philippe Models Available for Purchasing
Patek Philippe Nautilus
Patek Philippe Aquanaut
Patek Philippe Calatrava
Patek Philippe Twenty-4
Patek Philippe Complications
Patek Philippe Gondolo
Patek Philippe Golden Ellipse
Patek Philippe Grande Complication
Reference Purchase Prices for Branded Watches
nautilus
aquanaut
calatrava
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*The reference purchase prices are for items that come with the guarantee (warranty) and accessories.
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*The reference purchase prices are for items that come with the guarantee (warranty) and accessories.
view more
*The reference purchase prices are for items that come with the guarantee (warranty) and accessories.
The Latest Patek Philippe Purchase Market Information
The reason why Patek Philippe is considered to be at the best time to sell
Patek Philippe, combining quality, prestige, and status, boasts unparalleled asset value. Due to its high demand, even purchasing from authorized dealers is challenging, and the pre-owned market remains in short supply. As a result, Patek Philippe's resale value continues to stay high. Factors such as the recent yen depreciation and the brand's rarity contribute to its elevated market price. For those seeking to sell at the highest price, now is the ideal time, before a potential yen appreciation. If you're considering selling, consult Otakaraya, a company with extensive purchase experience.
Why Patek Philippe can be sold at a high price?
The prestige referred to as "the pinnacle of the world's top three watch brands".
Patek Philippe is counted among the world's top three luxury watch brands, alongside Vacheron Constantin and Audemars Piguet, while reigning supreme at the pinnacle. Renowned for its exceptional craftsmanship and outstanding design, it has established an unparalleled status. As the epitome of a luxury watch brand, it is cherished by watch enthusiasts worldwide.
Its high-quality movements are highly acclaimed.
While typical watch manufacturers often use generic movements from other companies, Patek Philippe develops, designs, and manufactures its movements entirely from scratch. Movements, being the heart of a watch that determines its functionality and performance, require advanced technology and a stringent quality control system for in-house production. Patek Philippe's timepieces feature high-quality movements, combining practicality, decorative artistry, and originality.
The number of productions is low since it is handcrafted.
Patek Philippe watches are primarily crafted by hand, with only certain processes utilizing specialized machinery. As a result, it takes several months to complete a single timepiece. This meticulous craftsmanship limits the annual production capacity to a maximum of 60,000 pieces. Some models are so rare that even authorized dealers may not receive a single unit in a year. This scarcity underscores the exceptional rarity of Patek Philippe watches.
The History of Patek Philippe
The history of Patek Philippe began in 1839, when Antoine Patek from Poland and François Czapek established a watch company in Geneva, Switzerland. In 1851, the company changed its name to "Patek Philippe." Among the notable individuals who have cherished Patek Philippe watches are Queen Victoria, Albert Einstein, Leo Tolstoy, Richard Wagner, Pyotr Ilyich Tchaikovsky, and Madame Curie, to name a few.
Why luxury watch prices are soaring
High Demand Even for Used Items (Sell Even If Broken)
Because luxury brand watches are expensive, many people seek out pre-owned items. The more popular the brand, the higher the demand, making it easier to achieve high buyback prices. Furthermore, at OTAKARAYA, we can even purchase broken watches or watches that are only parts. Some of these items can still result in a high buyback price.
Because luxury brand watches are expensive, many people seek out pre-owned items. The more popular the brand, the higher the demand, making it easier to achieve high buyback prices. Furthermore, at OTAKARAYA, we can even purchase broken watches or watches that are only parts. Some of these items can still result in a high buyback price.
Value as a Tangible Asset
Luxury brand watches possess value as "tangible assets." Demand is stable because circulation and production volumes are often limited, and the brand value tends not to decrease. In recent years, an increasing number of people are using brand watches for investment purposes, and purchase prices have been trending upward.
Luxury brand watches possess value as "tangible assets." Demand is stable because circulation and production volumes are often limited, and the brand value tends not to decrease. In recent years, an increasing number of people are using brand watches for investment purposes, and purchase prices have been trending upward.
9 Reasons Why You Can Sell for High Value Here
Specialty Purchase Store OTAKARAYA with Over
1,450 Stores Worldwide
For 25 years since our founding, we,
"OTAKARAYA", the industry's largest leader, are
proud to present 9 reasons why we offer
high-value purchases.
Professional Appraisals with Expertise
Our 25 years of history have allowed us to accumulate unparalleled know-how!
Specialized Purchasing Stores
By being deeply rooted in local communities, we achieve high-value purchases!
Over 1,450 Stores Worldwide
Worldwide Purchasing Expertise Centralized at Each Store!
Trading Experience with 44 Countries Worldwide
With OTAKARAYA's Global Partnerships, We Offer World-Class Purchase Prices!
Wide Range of Items Accepted
With trade partners in multiple countries, we provide purchase prices that meet global standards!
Top-Tier Appraisal Environment
We discern the true value of your items and present purchase prices with confidence!
Free Appraisal, No Service Fee
We will cover all expenses!
High-Price Purchase Campaign
We strive to offer high-value purchases to ensure customer satisfaction!
Cost Reduction Through In-House Auctions
By minimizing sales costs, we can set higher purchase prices!
How to Get a Higher Price for Your Watch
Clean Your Watch
No matter how high-end the model or good the brand, the buyback price isn't fixed. Dirt, scratches, etc., can negatively impact the appraisal. While some scratches are somewhat unavoidable, don't just rely on the watch's inherent quality; please clean off dirt as much as possible using a dry cloth, cotton swabs, etc. However, be aware that depending on the watch's materials and the cleaning supplies used, you could potentially cause scratches or strip coatings, making the condition worse. Therefore, only clean within a range you are comfortable with.
Gather All Accessories from the Time of Purchase
When you bought the watch new, it likely came with various accessories such as the case, warranty card, extra links (koma), etc. Even simple paperwork can increase your watch's value and is often more important than you might imagine. Having all the original items is ideal. This is often overlooked, but having everything tends to increase the appraisal amount.
Should You Have it Repaired or Overhauled?
It's true that getting a non-working watch running again can lead to a higher buyback price. However, spending, for example, S$1,000 on repairs does not guarantee a S$1,000 increase in the appraisal value. Furthermore, for antique watches, replacing parts can actually significantly decrease their value as antiques. Even if your watch is broken or seems to need repairs, please consult us at Otaakaraya first.
Search from OTAKARAYA's Purchase Items
Types of Watch Items We Can Purchase at Otakaraya
Frequently Asked Questions About Patek Philippe Purchases
- Why do luxury watches retain their value and sell for high prices?
- This is because the supply cannot keep up with the demand. While luxury watches have a considerable circulation compared to other types of watches, the demand is so high that they often become difficult to obtain. As a result, the price naturally rises, which significantly impacts the valuation.
- When is the best time to sell a luxury watch?
- The best time to sell a luxury watch can vary. Sometimes, the right moment comes quickly, while other times, waiting longer can increase the value. There is no definite answer as to when it’s best. If you plan to store the watch for a longer period before selling, it’s important to keep it in good condition. For vintage watches, we recommend proper storage and regular maintenance to ensure they retain their value.
- How much can a luxury watch be sold for?
- The price can vary depending on the latest market trends, but luxury watches generally have a high asset value, which means their prices tend to hold steady or even increase over time.
- Can a watch with a worn-out strap be purchased?
- Yes, it is possible. Even if the strap is worn out or torn, we are happy to assess and purchase it in any condition.
- Can a watch with a cracked glass be purchased?
- Yes, we are happy to assess and purchase watches in any condition. However, since there is a risk of injury from broken glass, please be careful when bringing it in for assessment.
- Is it okay to sell a watch that still works but is quite old?
- Absolutely, no problem at all. It might even have appreciated in value as an antique if production has since ceased. We are happy to assess watches in any condition.
- Can I sell a watch that no longer works?
- We would be delighted to appraise it for you. In many cases, bringing us the watch in its non-functional state may result in a higher net amount for you than paying for repairs yourself before selling it.
