PATEK PHILIPPE CALIBRE 89 GRAND COMPLICATION POCKET WAS NOT SOLD FOR GENEVA WATCHES
Watches, whether they are designed to be worn on the wrist or in their pockets, are incredibly complicated, irresistible and therefore very expensive. The best, and often convincing, is to obtain the highest price by selling much higher than the store’s suggested retail price, selling it on the Internet within a few hours, or acquiring stratospheric prices in an auction. However, people’s desire and perceived value lies in: cognition, and they can change quickly – as demonstrated last time, one of the four Patek Philippe Calibre 89 Grand Complication pocket watches at the time was a few days ago in Sotheby’s May. Succeeded in the 14th edition of the “Major Watch” auction in Geneva in 2017.
Usually, this is not something unusual. After all, not all watches will find buyers at the auction, but the Patek Philippe Calibre 89 is no longer an ordinary watch, but a watch that previously had countless records. Let’s get familiar with it again and discuss some details about why it may not be able to change hands.Richard Mille RM 011 FELIPE MASSA FLYBACK BLACK KITE replica watch
The Patek Philippe Calibre 89 pocket watch debuted in 1989. After nine years of research and development, the company celebrated its 150th anniversary. Patek Philippe made only four Calibre 89 watches, one for each precious metal; gold, platinum, rose gold, and platinum. At the beginning of its birth, it was the most complicated watch in the world. It was the title that lasted about 26 years before Vacheron Constantin introduced Reference 57260 in 2015.
The Patek Philippe Calibre 89 is 88.2 mm wide and 88.2 mm wide. The gold case weighs about 2 kg and weighs about 1.1 kg. It includes a total of 1,728 parts in weight, and powers 33 complications. They are distributed on the sides of two dials and some pushers and sliders. In addition to the “permanent complications” such as the perpetual calendar, moon phase display, large and small gyroscopes, tourbillons, and chronographs, Calibre 89 has more unusual complications, such as star maps. Second, Sun Hand, Date Easter (world first, patented by Patek Philippe on December 13, 1985) and even thermometer. This is of course a marvel of a very good mechanic.www.reviewbestselling.com
There is no doubt that this is an incredible watch, destined to remain in the best ever product – this is what we have established. So, how to avoid successful sales at the auction, some of which other records (ie Rolex watches records) have greatly exceeded, and what may be wrong?
Patek Philippe produces only one Calibre 89 per precious metal – obviously, this piece is gold, plus three white and rose gold and platinum. This makes tracking easier – although the auction house always provides a separate serial number. When you see a yellow Calibre 89, it is always exactly the same as what you see – unless another person is discovered miraculously, just like the other “very rare” Patek Philippe works that have happened before.
As a result, when Christie’s sold its value in 2009 to a high of 5.12 million Swiss francs, the watch exchanged. Eight years ago, Sotheby’s estimated gold price of 6.5 million Swiss francs against 10 million Swiss francs for the Patek Philippe Calibre 89 caliber may not be too ridiculous for many people. However, when the time came, Caliber 89 still did not sell, but despite this, there were many other records set on the same day. The general buying interest was there, but when the bid price was 5.9 million Swiss francs, the response was not satisfactory. The auctioneer pushed the price up by 50,000 Swiss francs, but when the price finally reached 6.45 million Swiss francs, no one appeared, which is similar to the low-end estimate of Sotheby’s 6.5 million Swiss francs.wholesale replica Rado D-Original Watches
In considering the reasons behind this sales failure, some of the factors that need to be considered are as follows. First of all, this work is no longer a record holder. Its long-term rule as the “most complicated” timepiece has ended. Second, although it is more complex than the “super-complexity” produced by Patek Philippe 60 years ago, the fact that four of them, but not one of them, eliminates some of its relative needs – supercomposition is one-off and indelible s hard work.
The third (and most important), as impressive as this 89 movement, is no doubt that it has “walked around.” As we mentioned above, the power of perception is unbelievable when this caliber has entered the market many times in ten years – yes, in these rare cases the decade is a relatively gentle time frame – it has lost A lot of its merit is that if it does not overcome it, this is especially true.HUBLOT MASTERPIECE MP 05 LAFERRARI GOLD 905.VX.0001.RX replica watch
On this paper, investors have to believe in the investment of these vehicles. Like real money, when their supply in the market increases, they may be seriously affected by inflation. Although it is estimated that there are 6.5 to 10 million Swiss francs that sounds good, and to some extent suits the pattern of record breaking for most “blue chip” products, because this Calibre 89 has already been purchased in large quantities, investors know whoever ends up if If they want it, it cannot be put on the market soon.
Patek Philippe’s super-complex technology resurfaced after 15 years of interruption from the spotlight (read this incredible story here because it shows the other side of the auction, and when someone is allowed to auction the product they want, it may In the ten years without paying a price), and in 1999 “sold” 1,002,500 dollars. Then, after reappearing in 2014, its price exceeded US$23,984,106. Now, ask yourself if the watch is now re-emerging at the auction site, then what it will do soon after its previous exchange. How does this affect its value? For more ideas on this fascinating yet extremely turbulent world, check out the 2014 Ariel feature article entitled 10 Things to Watch Auction.
So what’s left of this watch and the other three Patek Philippe Calibre 89 pocket watches? From the appearance, this is not so good for the watch and the seller. Due to the failure to publicly sell this watch for two consecutive years, this will undoubtedly affect the appeal of this watch, creating a new opportunity for opportunistic buyers, trying to obtain watchmaking history by offering quotes. However, time healing may be correct, and as we are often told, Opportunity 89 may resume recording again – just not holding your breath.nice TONINO LAMBORGHINI SPYDER 1118 replica watch