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Old 5 July 2022, 08:50 PM   #1
DJ4
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Help identifying 2 vintage PP watches

Hey,

I would be very much appreciating from your knowledge how to better understand the value as well as the model name, year of production of two beautiful Patek watched we own in the family.

They both work when I wound them, Never been serviced from my knowledge.

I Would also want to know your opinion if it would be smart maybe to send them to service at Patek and recieve them serviced with some documentation from Patek?

If they worth enough, I'd like to sell and buy a more modern PP :)

I have no papers, just the watches.

Thanks in advance for any advise, help.
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Old 5 July 2022, 09:18 PM   #2
ts3
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The first one looks like a ref 96 or similar assuming it is 30.5 or 31mm in size. Check Chrono24 to get an idea what people are asking for a yellow gold ref 96. Doesn't mean they will get those asking prices and I don't think selling that watch would give you much of a head start in getting a modern Patek. I'd probably keep it if you can handle the size. Personally my lower limit is more like 34mm though.

No idea as to the pocket watch.

Just to add, you can get a so called Extract from the Archives from Patek for a fee if you provide the case and movement numbers. According to their website that has become a lot more expensive than it used to be. The website also provides service cost estimates. If the watches are running properly I would not pay up for service if you want to sell.
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Old 5 July 2022, 09:45 PM   #3
jfriedkin
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An extract from the Archives is $515 USD.

If you plan on servicing these watches, they will need to go back to Geneva. I just received my estimate on Friday for my REF 2552. Service of just the movement is $1550.00. They estimate 41 weeks to complete.
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Old 6 July 2022, 10:27 AM   #4
MILGAUSS88
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Pocket watches don't really have a reference number.
They are identified by movement calibers.

I haven't seen any Pateks with reference number on the movement, so it's a matter of measuring the size and comparing to a chart that shows the different plates.
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Old 6 July 2022, 10:51 AM   #5
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Unfortunately pocket watches even by the likes of Patek sell for just a bit more than the scrap value of the gold nowadays unless there's something very special about them. In fact many are bought for the scrap metal where they melt down the case.

You may see top dealers as high prices for Patek pocket watches but they seem to be a hard sell.
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Old 6 July 2022, 02:43 PM   #6
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Quote:
Originally Posted by Incroyable12 View Post
Unfortunately pocket watches even by the likes of Patek sell for just a bit more than the scrap value of the gold nowadays unless there's something very special about them. In fact many are bought for the scrap metal where they melt down the case.

You may see top dealers as high prices for Patek pocket watches but they seem to be a hard sell.
That is not at all correct. You must think there is a lot more gold in that case, than there really is.

Scrap + $1,000-1,500 for movement + $200-$300 for the box.
Movements are selling for $1,000 by themself. Especially hunter case movements, they are easier to convert in to a wristwatch.

Hard to tell in the box, but it appears to a thinner watch, similar to a size 12.
There is maybe $1,500 worth of gold there. It would sell for $3,000 all day long. With box, I think $4,000 is with in reach.
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Old 6 July 2022, 03:29 PM   #7
Incroyable12
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Originally Posted by MILGAUSS88 View Post
That is not at all correct. You must think there is a lot more gold in that case, than there really is.

Scrap + $1,000-1,500 for movement + $200-$300 for the box.
Movements are selling for $1,000 by themself. Especially hunter case movements, they are easier to convert in to a wristwatch.

Hard to tell in the box, but it appears to a thinner watch, similar to a size 12.
There is maybe $1,500 worth of gold there. It would sell for $3,000 all day long. With box, I think $4,000 is with in reach.
Plenty of antique pocketwatches get orphaned because of the gold cases particularly lesser or obscure brands like antique English pocket watches which tended to have heavy 18kt gold cases. I guess I should have clarified I meant gold pocket watches in general are bought by many dealers for the gold scrap not Pateks specifically.

A dealer probably wouldn't pay more than $2-3k for a Patek pocket watch considering they barely sell at major auctions for around $5k.

In fact I suspect these are more valuable broken up than intact sort of like old cars or unsigned pieces of antique jewelry with large gemstones.

Indeed I've seen a lot of orphaned movements from '60s and '70s Pateks, VC, and AP dress watches. The ultrathin gold kind with integrated bracelets that are a hard sell nowadays.
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Old 6 July 2022, 07:08 PM   #8
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from reading your answers, I guess the Calatrava can be sold for around 5-7K as at c24 i saw listing for an asking price od 8-10K.

the Pocket watch from your answers is definitely a KEEP as it's too beautiful and special to sell for melt down, my heart will be broken just to think about it.
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Old 6 July 2022, 08:33 PM   #9
rolexpatek363
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I would keep both of them. The Calatrava is lovely - I really like watches with subdial seconds.
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Old 6 July 2022, 08:38 PM   #10
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I would keep both of them. The Calatrava is lovely - I really like watches with subdial seconds.

I think you are right.

Any idea for a proper modern strap for the Calatrava?

I’ll wear it as a dress watch :)
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Old 6 July 2022, 09:15 PM   #11
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I'd definitely keep them both.

I feel a suede strap would give a contemporary feel to the Patek. Does it have the original gold buckle?
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Old 6 July 2022, 09:17 PM   #12
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Quote:
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Does it have the original gold buckle?
I think so, need to check. Why?


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Old 20 September 2022, 12:12 AM   #13
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Hey, just wanted to give you a quick update.

I finally had time to go to my watchmaker with the calatrava because the crown wouldn’t wound.

He said that the “anker” and another part needs to be replaced.

He totally loved how much the watch is in perfect condition.

I approved for him to order the part and repair the watch - gonna be around $1,500 for the repair + full movement service.

For your pleasure- please see what a beautiful movement the watch has!

My wife gonna wear it :)




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Old 20 September 2022, 08:46 PM   #14
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I would NOT have your watchmaker replace any parts. I would send the watch to Patek for service. Your watch will NOT have genuine PP parts and it will destroy the value of the watch.
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Old 30 September 2022, 11:06 PM   #15
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Another vote for sending to PP for service. The communication is good and they will typically do only exactly what you ask. Occasionally you will also find in situations like this (and I did the hard way) that PP will let you know someone already serviced the watch elsewhere and used non PP parts. Never fun to learn, but definitely worthwhile to know if you’re thinking of selling in the future. Cheers.
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