The Patek Philippe Calatrava 5116 is a watch that embodies understated elegance and timeless sophistication. Its clean lines, classic design, and impeccable craftsmanship have cemented its place as a coveted piece among watch enthusiasts and collectors. However, the question on many minds, particularly those considering purchasing one, is: what does a Patek Philippe 5116 cost? The answer, unfortunately, isn't a simple number. The price depends heavily on several factors, including the specific reference (e.g., 5116R, 5116G), condition, and the market's current appetite for this particular model.
Patek Philippe Calatrava 5116: Specs and Market Overview
The Patek Philippe Calatrava 5116 is a testament to the brand's commitment to horological excellence. Its heart beats with a meticulously crafted automatic movement, typically the Caliber 30-400/40-21, renowned for its precision and reliability. This movement, visible through a sapphire crystal caseback on some versions, offers a power reserve of approximately 48 hours. The dial, depending on the reference, features a clean and uncluttered design, often showcasing simple baton or Roman numeral hour markers, elegantly framed by a slim bezel. The case itself is typically crafted from precious metals like rose gold (5116R) or white gold (5116G), adding to the watch's luxurious appeal. The size, generally around 39mm, makes it a versatile option suitable for a range of wrist sizes.
The market for pre-owned Patek Philippe watches, including the 5116, is dynamic and influenced by several factors. These factors include:
* Supply and Demand: The limited production numbers of Patek Philippe watches, combined with consistently high demand, contribute to their value appreciation. The rarity of specific references or dial variations can further inflate prices.
* Condition: The condition of the watch significantly impacts its price. A pristine, unworn example with original box and papers will command a significantly higher price than one showing signs of wear.
* Market Trends: The overall luxury watch market's performance plays a role. Periods of economic growth often see increased demand and higher prices, while economic downturns can lead to price stabilization or even slight decreases.
* Authenticity: Given the high value of Patek Philippe watches, verifying authenticity is crucial. Purchasing from reputable dealers or auction houses helps ensure you're acquiring a genuine piece.
Patek Philippe Calatrava 5116R Price
The Patek Philippe Calatrava 5116R, with its rose gold case, is a particularly sought-after variation. As mentioned earlier, the last known retail price was approximately $28,000. However, the pre-owned market tells a different story. While a pristine example might fetch close to the original retail price, the average price on the pre-owned market is considerably lower. Expect to pay anywhere between $17,772 and $25,000, depending on the condition and the seller. Factors such as the presence of the original box and papers, the condition of the bracelet or strap, and any signs of wear will influence the final price. Remember that these are estimates, and prices can fluctuate based on market conditions and individual sales.
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