2+ Years in Rehab...

[Calatrava r]

Originally Posted by MILGAUSS88

Well that was just the last sentence. I understand my repair was a great deal.
Patek fixed it, the watch has a Patek service sticker on it.

$10k for a watch repair is absurd though.

The parts on such old pieces are no longer stocked. They have to make them all from scratch from old drawings on a one watch basis. No economies of scale to be realized. Its also a big reason non-working very old PP watches typically sell at big bargains, if they are not rare collectibles, as buyers know restoration could be very expensive and factor that into the cost of the watch.

[MILGAUSS88]

Originally Posted by Calatrava r

The parts on such old pieces are no longer stocked. They have to make them all from scratch from old drawings on a one watch basis. No economies of scale to be realized. Its also a big reason non-working very old PP watches typically sell at big bargains, if they are not rare collectibles, as buyers know restoration could be very expensive and factor that into the cost of the watch.

Yes, I understand.
If you read my earlier post I had some Patek parts hand made from scratch and it cost me less than $200.

I brought another Patek to my watch maker. This one owned by someone else.
It was missing a going barrel, If I remember right. I told him to charge whatever he wanted. Since it was not mine. I think he had $500 down, but bumped it to $700. This was done by hand with out the original part to look at.

Patek should be able to just copy the parts and have them cut out electronically via computer, this is the 21st century.

[martinr]

Just noticed a very similar watch for sale online by The Keystone. 11K and comes with archival certificate dating it to 1927. White gold not two tone.