Price comparison: Patek Philippe watch
Based in Geneva Switzerland, Patek Philippe is a luxury watch manufacture formed in 1851 whose watches have long been favored by the world’s movers and shakers. In fact, it was in 1851 that the firm began supplying its watches to Queen Victoria and Prince Albert along with the other royal courts of Europe. In addition, Patek Philippe has the distinction of holding the world record for selling the most expensive modern wristwatch at Hong Kong Sotheby's for HK$11.75 million (US$1.49 million) in 2008.
Hence, the Asian Wall Street Journal’s weekly Arbitrage column has recently conducted a survey of prices for a Patek Philippe watch in various cities in Asia and around the world. The survey found that prices were all over the place – that is, highest in Shanghai and New York, consistently low across Europe and lowest in Sydney.
Price Comparison*
| Shanghai | 225,000 Yen | US$32,958 |
| New York | US$26,753 | US$26,753 |
| Singapore | S$36,600 | US$26,256 |
| Manila | 1.19 Million Pesos | US$25,597 |
| Kuala Lumpur | 82,100 Ringgit | US$24,826 |
| Hong Kong | HK$187,500 | US$24,158 |
| Tokyo | 2.14 Million Yen | US$23,653 |
| Bangkok | 765,000 Baht | US$23,621 |
| Brussels | €16,650 | US$22,941 |
| Rome | €16,550 | US$22,803 |
| Paris | €16,490 | US$22,721 |
| Frankfurt | €16,410 | US$22,611 |
| London | 14,700 Pounds | US$22,388 |
| Sydney | A$22,000 | US$20,214 |
* Calatrava 6000G in white gold. Prices are based upon foreign exchange rates as of March 17, 2010.
Labels: Price Survey, Useful Travel Tips
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9 Comments:
Patek Philippe wristwatch prices comparison is fun. I love Patek Philippe watches. They're all lovely, in-style and finely made
Thanks for the price comparison list. My friend is looking for a list of prices on Patek Philippe to save some money. I will recommend your post to him.
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If you compare the price in the U.S. with other countries, you can see that the product is much expensive in the United States. I hope this data is accurate because I have no idea about their prices in other countries.
gold buyers
It's much expensive in the U.S. compared to some countries. I'm glad you shared that comparison. At least now I have an idea where to buy it.
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Thank you very much for clearing the fine print.
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These are the types of investments that I like. Thanks.
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Who would have thought that Patek Philippe watches cost that much. Its even more expensive than most cars.
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I hope you can make a comparison for investment property in perth too.
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