When it comes to luxury watches, some unbelievably high price tags have been reached just to own them. Among these most noteworthy decadent prices are some of the Patek Philippe most expensive watches. Here is a list of the 7 Patek Philippe most expensive watches that make a firm investment.
Are Patek Philippe Watches a Good Investment?
Patek Philippe timepieces represent the pinnacle of watchmaking investment. Their limited production of just 50,000 pieces annually creates natural scarcity. Every piece is hand-finished with exceptional attention to detail. It takes months or even years to complete a real masterpiece. Each timepiece features a luxury strap for Patek Philippe made of leather, fabric, or metal.
The brand’s prestigious history since 1839 and its innovative complications command respect among collectors. Models like the Nautilus and Calatrava have shown remarkable appreciation, often doubling or tripling in value. The secondary market continues to show strong demand, especially for rare references and complicated pieces.
Here are a few examples of the most valuable PP watches to get inspired.
7. Patek Philippe Ref. 5004T Titanium – $3.9 Million
The Reference 5004T was a revival of the previously discontinued 5004 by Patek Philippe. This completely new, unique, and final 5004 was made specifically for the 2013 Only Watch auction. This made it one of the most unique and intriguing watches ever made by Patek Philippe purely for its exclusivity and story.
6. Patek Philippe Ref 2458 Observatory Chronometer for J.B. Champion – $4.1 Million
This was a custom-made Reference 2458 Observatory Chronometer made for world-class defense attorney J.B Champion. Patek Philippe was commissioned to design this striking COCS-certified timepiece and was among one of 700 of Patek Philipe’s Observatory Precision Contest winners. It’s considered to be one of the most accurate timepieces ever made by the watchmaker.
5. Patek Philippe Caliber 89 Grand Complication Pocket Watch – $4.9 Million
Caliber Pocket Watch was first released for the 150th anniversary of the watchmaker’s existence. Since being released, this timepiece remains to this day the most complex watch ever made by Patek Philippe. With a staggering 1,728 handcrafted movement parts, 33 complications, and 126 jewels, this watch is truly the magnum opus of a master. Today, there are only 4 iterations of this watch ever made, each one unique.?
Declared by PP as “the most complicated watch in the world” at the time of creation, the gear boasts 33 complications, weighs 1.1 kg, comes with 24 hands, and has 1,728 components in total, including a star chart and a thermometer.
4. Patek Philippe Ref 1527 Perpetual Calendar 18k Rose Gold – $5.7 Million
The PP Perpetual Calendar 18k in rose gold is among the most mysterious watches to ever appear at auction. This classic Patek Philippe timepiece showed up on auction in 2010, and baffled archivists upon first seeing it. Made during the height of the Second World War, this one-of-a-kind timepiece was once the most valuable watch ever sold at auction by Patek Philippe.
3. Patek Philippe Henry Graves Jr. Supercomplication – $23.9 Million
This custom Patek Philippe Supercomplication watch once held the title of the most complex timepiece for over 60 years. Until it was overtaken by the previously mentioned Patek Philippe pocket watch, this piece was hailed as the standard for complexity and perfection. Made for millionaire banker Henry Graves Jr., this piece holds a special place in the hearts of many luxury watch enthusiasts.
2. The Patek Philippe Grandmaster Chime 6300A-010 – $31 Million
Until recently, this Patek Philippe Grandmaster Chime was the single most expensive watch in the world. This unique Grandmaster Chime 6300A-010 was the first, and only, Grandmaster Chime made of steel. The sheer rarity of this unique piece sparked a bidding war at auction that resulted in the staggering price it has become famous for. That paired with the 20 complications and 1,366 pieces, make this one of the most marvelous timepieces ever made.
1. The Patek Philippe Grandmaster Chime 5175R-001 – $50 Million
As of 2020, this breathtaking Grandmaster Chime now holds the record for the priciest timepiece in the world. This 20-complication dual-dial watch is the most complex chiming wristwatch ever manufactured. First released in 2014 to honor the 175th anniversary of Patek Philippe, this watch was recently listed on Chrono24 by a seller in Shanghai. The sheer value of the watch is in its unique design and unobtainable complexity. This truly is a watch without a peer.