Its a strange old world, Patek Phillippe has always been a luxury watch brand , but for decades was never in demand second hand, so values were quite constant. Then there was an auction of Patek watches were astronomic prices were paid ( by the Patek museum) and all of a sudden overnight the ''investment potential'' for Patek watches was created, second hand prices skyrocketed and on the back of that new watch prices increased dramatically as demand outstripped supply and continue to rise on the back of created demand. It also helps that watches are portable assets, helped by a bit of strategic market intervention.
Last edited by JohnHarris; 19/11/22 10:26 AM.
