Page 43 - Doerr Dallas Sample
P. 43
Another great name in the horology industry (arguably the greatest name) is Patek Phillipe and the phenomenon of watches rising in value exponentially is nothing new to their models either...The Nautilus is in some ways similar to the Rolex Submariner as it is a stainless steel sports watch which holds style and functionality high within its remit....
A brand new 5711 thirtieth anniversary watch in 2006 would have cost - £15,000
Now discontinued
Purchase price in 2006, £15,000 Replacement today on the Secondary market - £100,000+
The modern equivalent retail price would be £25,690 but again however you would need to be placed in a queue for up to 8 years to get one.....If you wanted one today you would pay close to £100,000
This is only the tip of the iceberg when it comes to increasing watch values...brands such as Audemars Piguet, Richard Mille, Laurent Ferrier, Piaget and many others have seen huge growth in the market since the start of the 21st century.
The question is, are you insuring your for the correct value?
You can watch all our video’s and find our articles on our website
www.doerrvaluations.co.uk
We are offering our clients the opportunity to have their watches valued by one of our specialists as a desktop.
See below for what you need to do!