Patek Philippe Pocket Watch, ca. 1914
Appraised Value: $250,000
IMAGE: 1 of 1
Appraisal Video: (2:44)
Clocks & Watches
GUEST: This watch was handed down from my great-grandfather. He was the owner of the St. Paul Pioneer Press and Dispatch back in 1914 when he received this watch, and it was handed down from him to my father, and then he gave it to me.
APPRAISER: It's a beautiful watch. It's manufactured by the Patek Philippe Company of Geneva, Switzerland. This is a photocopy of the original warrantee depicting some of the complications of this watch. As you can see on the front of the watch, the front has the hour and minute hand and the second hand. It also has a split chronograph, so you can time two things consecutively. It also has a minute register for the chronograph. Off to the side is a slide for chiming the watch. It's called a minute repeater, where you lift up the slide and it'll chime the time to the minute.
APPRAISER: When we flip the watch over, you have the day, the date and the month along with the moon phase. It's also a perpetual calendar which adjusts for leap year.
GUEST: I'll be darned.
APPRAISER: It's a very complicated watch in excellent, excellent condition with the original box. It also has two extra mainsprings and an extra crystal underneath. It has the original crystals and original 18-karat-gold engine-turned case. Have you had any appraisals or do you have any information on it?
GUEST: I had an appraisal done... oh, many years ago, probably 15 years ago, and they told me at that time it was probably worth about $6,000.
APPRAISER: They were a little low.
GUEST: They were?
APPRAISER: Yes. Patek Philippe is now purchasing those watches for their museum. They're actively purchasing them at auction. This watch, at auction, I suspect, would bring close to a quarter-million dollars.
GUEST: A quarter-million?
APPRAISER: This is one incredible watch. I've never held a watch like this in my hands.
GUEST: What? You're kidding.
APPRAISER: That is one incredible watch.
GUEST: It can't be.
GUEST: No way.
APPRAISER: That is an incredible watch.
GUEST: Oh, my... I can't believe it.
APPRAISER: It's the finest watch I've ever held in my hands.
GUEST: Are you serious?
APPRAISER: I've never seen anything like it other than photos.
GUEST: Oh, my gosh. How do I get it home?
APPRAISER: Carefully. Do not drop it.
GUEST: Oh, that is unbelievable.
APPRAISER: Keep it in a safe deposit box.
GUEST: Well, that's where I have had it all this time, but I... Oh, my gosh, that is incredible.
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