The most important step in selling a Patek Phillippe is to ensure that you’ve found a trusted and reputable buyer. Some questions you can ask the buyer are:
A trusted and reputable buyer should have no problem answering these questions, or addressing any other thoughts or concerns you might have. As soon as you feel you have found a reliable watch dealer, go in for an appraisal and offer. Check how much your Patek Philippe watch is worth on the market before going in and compare the price against the offer the buyer is willing to pay. Once you are happy with the offer, close the deal and make the cash.
In 1839, Polish watchmaker Antoni Patek began making pocket watches in Geneva. In 1845, he partnered with the inventor of the key-less winding mechanism, Adrien Philippe. Together, Patek and Phillipe created a company and brand that would later be known as one of the most prestigious watch manufacturers in the world. Patek Philippe and Co. was founded in 1851 and popularized newer watch functions such as the perpetual calendar, split second hand, chronograph, and minute repeater. Patek’s outstanding watch mechanisms, along with their sporty style, has made the company into a global success.
Patek Phillippe watches are known to be among the most expensive and distinguished watches in the world. Boasting 33 complications, the Patek Phillippe Calibre 89 was the most complicated watch in the world for over a quarter of a century! Until, a watch with 57 complications was created in 2015.
Patek Phillipe’s exquisite craftsmanship has helped the brand become recognized as one of the most high-quality watch brands in the world – even amongst royalty. In 1851, Patek Phillipe began supplying Queen Victoria with watches, and from then on Queen Victoria was seen wearing a Patek Phillipe key-wound pendant style watch regularly.
Patek Phillipe watches remain in high demand today. Watch collectors across the globe look to buy vintage Patek Phillipe watches, such as the Complication with a tourbillon or the Gondolo for competitive payouts. The first step in selling a Patek Phillipe watch, is finding the right buyer. In most cases, a private jewelry buyer will give you the best offer for your watch. Look for reputable Patek Philippe buyers with years of certified appraisal experience and memberships to top jewelry associations like The Jewelers Vigilance Committee and Jewelers of America. After you’ve found the best buyer for you, go for a watch appraisal, get an offer, and make a deal.
You can rest assured that if you are interested in selling a Patek Phillippe watch, there are definitely others interested in buying. Watch collectors treasure Patek Phillippe watches due to the exquisite design and quality of the brand. Sometimes having the watch appraised before you go in to sell can help ensure you get the best deal and put your worries to rest. If you’re looking for where to get a Patek Phillippe appraisal, make sure to find an appraiser who will test the watch and prove its authenticity right before you- it shouldn’t take more than 15 min for an experienced appraiser to do.
At Luriya, we check your watch’s functionality and performance, and prove your watch’s authenticity - all in front of you. This is what you want to look for when searching for an appraiser. You want a reputable and trusted Patek Philippe appraiser who will tell you everything there is to know about your watch, so you can make an informed decision. Whether you want a Patek Phillippe watch appraisal or are just curious about how much cash you can get for selling a Patek Phillippe watch, the appraiser should be happy to help every step of the way.
Of course! Patek Phillippe is a timeless brand that can retain its value for years to come or even dramatically increase its value. There are over a dozen different models, each as carefully crafted as the other. For this reason, watch dealers love to buy Patek Philippe watches. At Luriya, we are always happy to purchase used Patek Philippe watches whether you are looking to:
If you don’t have time to go to a local Patek Philippe buyer, you can sell your watch online with an auction site. You can either use watch and jewelry specific or general sales auction sites. However, if you decide to list your watch in an auction, be aware that the payout is risky.
Alternatively, you can request a free mail-in-kit from Patek Philippe buyers. Most jewelry buyers offer this service as a courtesy to clients who live far away. However, if you explain your reason for being unable to go in-person, the buyers may make an exception. After all, they want to do business with you.
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