$1 Million Patek Philippe Century-Old Gold Pocket Watch?!?

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I finally received a family heirloom of my grandfather's, perhaps 100 years old, supposedly made by the famous "Patek" of Patek-Philippe before they partnered... at least that's what I was told. Indeed, I do have what appears to be a 14K pocket watch with a beautifully engraved design. However, it is labelled a "Pateck Geneve, Ancre 15 rubis, Remontoir". It is also missing the hands and doesn't appear functional even mechanically (something wrong inside). Given all the likelihood I won't be able to retire by selling this watch, the big question is, do I bother even trying to fix it back to working condition? Yes it probably has some value even as a well-made period piece, but is it worth the cost of repair or is this "totalled" in the sense that I am better off melting it down for the value of the gold? Most likely I will keep it for sentimental value and do neither. What do you think? Let me know in the comments!

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Опубликовано:

18 ноя 2023

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Комментарии : 9

@Michel-7.7.7 8 месяцев назад

That's a 100% solid Pateck Fill Lip

@828_Nate 8 месяцев назад

Good luck! I hope it's real but I doubt it. Even if it's not it's still a cool watch!

@umargulkhan593 7 месяцев назад

Sir. I don't understand that this is patek Philippe or pateck geneve and deference.

@devhackmod 7 месяцев назад

I don't either, I wish I knew. It is probably 14K gold and probably old, and most likely was a decent quality watch but the name is suggesting is it not a real Patek Philippe but someone who made a good quality watch that wanted to impress people more by giving it a more recognisable name.

@robkoning6019 8 месяцев назад

Pateck was a name used for forgeries of the real deal. Still these were of a good qualities. Sometimes even better than the real ones. K14 is strange. It is 14K gold, so It might be not real gold or just plated. Normally there are other markings most forgeries came from Armand Schwob & frere, La Chaux de Fonds in Switzerland but after several law suits the name was forbidden to use in final appeal at 1891. So it is pre that date. The A an F are the French short for faster and slower. On this way you could crude regulate the timing of the balance sping of the watch. You are missing the glas and bezel and also the hands. The clicking leads me to expect that the windingspring is broken. This is hidden in the movement. In mink condition this can do something between 500 and a 1000 euros if the quality is very good. You have to take it to a real watchmaker to let it be judged. That is not a jeweler or local watchseller!

@devhackmod 8 месяцев назад

Thanks for the info. I'm hoping to shed more light on this watch and to make an update video. If it will cost me the same or more to fix than it's worth, I'll need to consider whether to just keep it as-is for sentimental reasons or make it functional again to use on special occasions.

@robkoning6019 8 месяцев назад

@@devhackmod I'm not sure where you are, but online you could find a few good watchrepairers who let you see all faces of watch repair. Also the oldies. If parts are necessary it will be hard to get those for watches of this age. often the parts have to be made. Try to find an honest one that is realistic. I myself have a good one not far from me in the netherlands that I visit.

@patrickmccartney8832 8 месяцев назад

Sorry, but I am used to watching ... interesting assessments of various items, including watches on videos and programs like Antiques Roadshow. Since this is Pure speculation on the owners part.... it hasn't enough verifiable information to hold my interest. Too bad there wasn't an authoritative and knowledgeable person included in the video.

@devhackmod 8 месяцев назад

Thanks for watching. I'm sorry to disappoint, there is not much information on it yet... I was hoping to get some knowledgeable commentators to provide some leads while I also reach out to watch repairers that have experience with these types of antiques (yes, I like watching Antique Roadshow as well). Hopefully once I get some more background info and expert comments I can include them in a follow up video!