Why Patek Philippe Watches Are So Valuable

Patek Philippe is a maker of fine, luxury watches. There products carry very high values, with some bring as much as 11 million USD at auction. This leaves many average people wondering what makes Patek Philippe watches so valuable.

The answer lies in two parts. First, these watches are extremely rare. Generally, no more than 500 and as few as four watches of any particular design are actually manufactured. This quality of rareness is enough to give one of these watches a very high value on its own.

The second part lies in the workmanship that goes into the manufacture of these watches. Many are made using large quantities of precious metals, such as gold, but that is not the key point. Every single watch produced by this company is created and crafted by hand by one of their master watchmakers.

Even as they follow the traditions passed down by those who came before, these craftsmen are also able to incorporate the newest innovations in watch making technology into each piece they create. With the level of quality control that is maintained, it is not uncommon for one of these watches to run perfectly for generations. It is the combination of rarity and craftsmanship that makes Patek Philippe watches so valuable.