Question 1

How do I verify authenticity when buying online?

Accepted Answer

Always purchase from verified dealers with established reputations. Request detailed photos, serial numbers, and documentation. Consider using authentication services for high-value pieces. Check the dealer's credentials and reviews before making a purchase.

Question 2

What does "full set" mean and why does it matter?

Accepted Answer

A "full set" includes the original box, warranty card, instruction manual, and any additional accessories that came with the watch. Full sets typically command higher prices and are easier to resell, as they provide complete provenance and documentation.

Question 3

What impacts price the most: year, condition, or rarity?

Accepted Answer

All three factors significantly impact price. Rarity often has the biggest influence on high-end pieces, while condition is crucial for maintaining value. Year can affect price due to model changes, discontinuation, or historical significance. The combination of all three determines market value.

Question 4

How should I compare listings fairly?

Accepted Answer

Compare watches with similar specifications: same reference number, year range, condition grade, and set completeness. Consider location, dealer reputation, and included services (warranty, authentication). Price differences often reflect these variables rather than just the watch itself.

Question 5

Are service history and polishing important?

Accepted Answer

Yes, both matter significantly. Service history from authorized dealers or reputable watchmakers adds value and ensures proper maintenance. Polishing can reduce value if done excessively, as it removes metal and can alter the watch's original appearance. Light polishing is acceptable, but heavy polishing should be reflected in pricing.

Question 6

What paperwork should I expect with a modern watch?

Accepted Answer

Modern watches should include warranty card (often dated), instruction manual, and original box. Some brands include additional certificates of authenticity. The warranty card should match the watch's serial number and show the original purchase date and dealer.

Question 7

How do holds, deposits, and reservations work?

Accepted Answer

Dealers may offer to hold a watch for a short period (typically 24-48 hours) with a deposit. Deposits are usually non-refundable if you back out, but may be refundable if the watch doesn't meet described condition. Always clarify terms in writing before paying a deposit.

Question 8

What are common red flags in listings?

Accepted Answer

Red flags include prices significantly below market value, refusal to provide detailed photos, pressure to buy immediately, unclear return policies, missing documentation, and dealers unwilling to provide references or credentials. Trust your instincts and do thorough research.

Patek Philippe Watches

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