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jmlegs · 16 October 2016, 02:30 AM

I'm planning on purchasing this 3423. However, I can't find much info on the reference so I'm not sure what a fair price is. I'd appreciate some help on deciding what to offer for the watch.

Tony64 · 16 October 2016, 08:09 AM

Hard to say, but with any vintage, out of production watch it will depend on condition, metal, rarity, and completeness. It's a very nice reference, but at 34mm it's small by today's standards and it's not sufficiently "iconic" or rare to justify a premium price.

Maybe check prior auction results but if I had to guess I'd say a typical example should be in the 8-10k range? I'm not a vintage expert so maybe others will chime in.

jmlegs · 16 October 2016, 10:37 AM

https://www.chrono24.com/patekphilip...-id4913192.htm

Forgot the link

jmlegs · 16 October 2016, 10:47 AM

The exact watch was auctioned on Christie's and it went for $11,250. According to Christie's, there are only 5 rose gold 3423s and that has been the only one in the market so getting an estimate is quite hard. (Also, should that merit a significant premium?) In any case, the dealer's $17K ask is still really high right?

Thinking of getting this 2508 which is a lot more iconic than the 3423.

https://www.chrono24.com/patekphilip...-id4926504.htm

Based on my research, the price seems very reasonable but a major issue are the scratches on the dial. By how much does that devalue the watch?

watch-guy.com · 16 October 2016, 10:57 AM

Condition will determine price

variation 5-10k

Julian

gonzi · 19 October 2016, 11:18 PM

I didn't want to open a topic for a very similar question:
Could anyone identify this watch, please? Maybe a 1503? I'M not sure (not opened yet)

16 October 2016, 02:30 AM	#1
jmlegs "TRF" Member Join Date: Oct 2016 Location: Europe Posts: 4	Patek Calatrava advice I'm planning on purchasing this 3423. However, I can't find much info on the reference so I'm not sure what a fair price is. I'd appreciate some help on deciding what to offer for the watch.

16 October 2016, 10:57 AM	#5
watch-guy.com Banned Join Date: Aug 2006 Location: United States Posts: 501	manual wind, smallish Condition will determine price variation 5-10k Julian

16 October 2016, 08:09 AM	#2
Tony64 "TRF" Member Join Date: Apr 2013 Location: U.S.A. Posts: 2,796	Hard to say, but with any vintage, out of production watch it will depend on condition, metal, rarity, and completeness. It's a very nice reference, but at 34mm it's small by today's standards and it's not sufficiently "iconic" or rare to justify a premium price. Maybe check prior auction results but if I had to guess I'd say a typical example should be in the 8-10k range? I'm not a vintage expert so maybe others will chime in.

16 October 2016, 10:37 AM	#3
jmlegs "TRF" Member Join Date: Oct 2016 Location: Europe Posts: 4	https://www.chrono24.com/patekphilip...-id4913192.htm Forgot the link

16 October 2016, 10:47 AM	#4
jmlegs "TRF" Member Join Date: Oct 2016 Location: Europe Posts: 4	The exact watch was auctioned on Christie's and it went for $11,250. According to Christie's, there are only 5 rose gold 3423s and that has been the only one in the market so getting an estimate is quite hard. (Also, should that merit a significant premium?) In any case, the dealer's $17K ask is still really high right? Thinking of getting this 2508 which is a lot more iconic than the 3423. https://www.chrono24.com/patekphilip...-id4926504.htm Based on my research, the price seems very reasonable but a major issue are the scratches on the dial. By how much does that devalue the watch?

19 October 2016, 11:18 PM	#6
gonzi "TRF" Member Join Date: Dec 2015 Location: Budapest, Hungary Posts: 2	I didn't want to open a topic for a very similar question: Could anyone identify this watch, please? Maybe a 1503? I'M not sure (not opened yet)

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