The used wristwatch market is growing exponentially. There is an overwhelming return of collectors on old coveted models that acquire in value every year. In this article we will talk about some models of the Patek Philippe house. Three grandfather’s watches that are worth a fortune and that may even have been abandoned in some drawer.
The values of vintage watches from the most sought-after brands soar
It is not impossible that old objects inherited from grandparents are abandoned in a drawer. They can be old coins, antiques, maybe watches, which are not valued, but which instead are worth a lot. This applies to vintage watches. There is a thriving market of old used models, which are bought by collectors, but also by investors because every year they increase in value.
A market that does not only concern the famous Rolexes, but also other brands, less known but which are furious among specialists. Like for example i Patek Philippe, models we talk about in this article. Three grandfather’s watches that are worth a fortune and that may even have been abandoned in some drawer. So, after reading the article, let’s check if that wristwatch in that box in the cellar is one of them.
The three collectible and investment chronographs
The Patek Philippe Chronograph 5170G is one of the most beautiful chronographs in the house. Classic 1940s design, simple and clean. It can be found with a black dial and a white dial. Despite being a chronograph and therefore considered a sports model, it still maintains a certain formal elegance.
Another Patek Philippe jewel is the Nautilus 5980 model. This is also a chronograph, therefore considered a sporty but luxury model. The first model of the Nautilus line was put on the market in 1976. After 30 years, in 2006, the 5980 model was created to celebrate the previous one.
Another splendid chronograph is the 5070 model. It was created in 1998 and is highly coveted because it is the first sports model by Patek Philippe after 40 years from the creation of the last chronograph. In fact, the house stopped producing these models in 1960. Of the three models presented here, this is the most sought after.
Mind-boggling values for these watches
Despite the fairly recent age of these three watches, the prices they have achieved are very high. Their valuation starts at 40,000 euros. So let’s check if you have these three grandfather’s watches that are worth a fortune and could be found abandoned in some drawer. In fact, not only are they worth a lot, but their prices are destined to rise.
Deepening
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