Why This Patek Philippe Watch Is Worth $285K

Can this expert tell the difference between a $260,000 Patek Philippe and a $60 replica?

Ask the average person what the most luxurious watch company is and he or she might answer, “Rolex.”

But there is a different brand making its way into the mainstream because of its record-setting resale prices and rising influence among culture-setting celebrities and hip-hop artists: Swiss watch brand Patek Philippe.

According to music lyric site Genius, a third of Billboard’s Hot 100 songs in 2017 included a reference to Patek Philippe. That number outpaced both Rolex and Jay-Z’s frequently mentioned Audemars Piguet, and continues to grow, with 13 chart-toppers mentioning the brand so far in 2018.

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Why This Patek Philippe Watch Is Worth $285K | CNBC Make It.

Comments

edwong3 says:

I don’t know but I have had fantastic luck with cheap watches (Not replicas) in that they have lasted me and tell time very accurately. These are from a micro brand called “Yazole” and they can bought off eBay starting at $5.00 to around $12.00. The quartz movement in them are dependable and very accurate. Of course the finishing and build quality is not there even compared to say an $85 Seiko but still look good on the wrist. To each his own I guess;-)

Investing Book Summaries says:

I don’t think I could justify putting that much money into a watch when I could just put it into stocks, lol.

FlyBoy The Fab says:

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