Patek Phillipe pocket watch 111107 from 1901
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Thread: Patek Phillipe pocket watch 111107 from 1901

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  1. #1
    Member plastique999's Avatar
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    Patek Phillipe pocket watch 111107 from 1901

    Gentleman, I request assistance in regards to this time piece. I am a collector of watches and have never owned a pocket watch let alone a vintage one.
    So I walk into my local jeweler to have my wife's Daytona adjusted, and he asks if I want to see a Patek pocket watch from 1901, all original.
    I was simply mesmerized!!! I have never been in such awe of such a beautiful work of art. The ticking of the watch was hypnotic. The enamel dial was pristine. The gold engravings on the edge were so artistically done. The case back did have an engraving of the original owner and who it was gifted by as well as the city, "Chelsea, Mich."
    In the movement there was an engraving of the store "Wright and Co".
    Does anyone have more info on this watch, #111107?
    He is asking $8500. What is a fair price?
    Thank you in advance!





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  2. #2
    Zenith Forum Co-moderator
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    Re: Patek Phillipe pocket watch 111107 from 1901

    That looks extremely nice! And in good condition by the looks of it. Unfortunately, it's a little out of my league (even with reagrd to just giving a valuation - which is a good opportunity to point out that we don't give valuations here). However, my gut feeling says that unless it's a very special Patek model, 8500K is a little too much. For that sort of cash, it ought to be immaculate and come with a certificate from Patek, plus all the original paperwork, box, etc.

    At the same time, watches like this in particular are subject to the ups and downs of the market. The same watch may fetch only half of what it did five years ago if the market for it (and watches in general) is currently at rock bottom. My advice would be to scour the web for similar Pateks in similar condition, sold under similar conditions (and the emphasis is on "sold"! - auctioned watches always go for more) and you will get a better idea.

    Good luck!

    Hartmut Richter
    busmatt, plastique999 and aditya like this.

  3. #3
    Member plastique999's Avatar
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    Patek Phillipe pocket watch 111107 from 1901

    Thanks Hartmut, I just did a cursory search on eBay for PP pocket watches and most ranged from $3000-$5000. So the above watch does seem overpriced. Oh well


    Sent from my 16M
    Last edited by plastique999; November 26th, 2014 at 00:28.
    JLC Duometre a Chronographe
    JLC Reverso Squadra Hometime
    JLC Reverso Squadra Lady's Duetto (wife)
    JLC AMVOX 1 Aston Martin Lim. Edit.
    Vacheron Constantin Overseas Dual Time
    Vacheron Constantin Toledo 1952
    Vacheron Constantin Patrimony 31 day Retrograde
    Breitling Navitimer (wife gift)
    Heuer Calculator (1977)
    Heuer Silverstone "Clay Regazzoni"
    Heuer Monaco 1133b "Steve McQueen"
    Rolex Daytona 116505 (wife)
    Roger Dubuis Sympathie Biretrograde S37

    Linde Werdelin
    Oktopus 2 Titanium Red


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  5. #4
    Member HOROLOGIST007's Avatar
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    Re: Patek Phillipe pocket watch 111107 from 1901

    Quote Originally Posted by plastique999 View Post
    Thanks Hartmut, I just did a cursory search on eBay for PP pocket watches and most ranged from $300-$5000. So the above watch does seem overpriced. Oh well


    Sent from my 16M
    Really?
    You searched Patek Philippe?
    I suspect $8500 is maybe not so incorrect.
    Would I apy that for this watch? No, but Pateks sell at that level.
    Search Antiquorum Patek sales
    NEVER ARGUE WITH AN IDIOT. FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL. THEN, THEY WILL BEAT YOU WITH EXPERIENCE.

    "Failure is not an option" - Gene Kranz
    "Owning a vintage watch is great, understanding where it sits in Horology is magnificent"
    and
    "By Teaching Others, We Teach Ourselves"
    Adam

  6. #5
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    Re: Patek Phillipe pocket watch 111107 from 1901

    I am a newbie but i saw same type of PP (1915) sold in auction for 3.400 € on 11/15/14

    Name:  43_1.jpg
Views: 146
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    U need to call an expert imo.

    Be careful.

    My 2 cts

  7. #6
    Member HOROLOGIST007's Avatar
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    Re: Patek Phillipe pocket watch 111107 from 1901

    Quote Originally Posted by FrenchKiss View Post
    I am a newbie but i saw same type of PP (1915) sold in auction for 3.400 € on 11/15/14

    Name:  43_1.jpg
Views: 146
Size:  26.1 KB

    U need to call an expert imo.

    Be careful.

    My 2 cts
    "newbie" maybe but talking sense with research like a proper horologist.
    Good to you
    thanks
    adam
    FrenchKiss likes this.
    NEVER ARGUE WITH AN IDIOT. FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL. THEN, THEY WILL BEAT YOU WITH EXPERIENCE.

    "Failure is not an option" - Gene Kranz
    "Owning a vintage watch is great, understanding where it sits in Horology is magnificent"
    and
    "By Teaching Others, We Teach Ourselves"
    Adam

  8. #7
    Member FrenchKiss's Avatar
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    Re: Patek Phillipe pocket watch 111107 from 1901

    Ty Adam

    I was present to that sale.

    (Sry for my english)
    Last edited by FrenchKiss; November 25th, 2014 at 23:42.

  9. #8
    Member plastique999's Avatar
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    Re: Patek Phillipe pocket watch 111107 from 1901

    Quote Originally Posted by HOROLOGIST007 View Post
    Really?
    You searched Patek Philippe?
    I suspect $8500 is maybe not so incorrect.
    Would I apy that for this watch? No, but Pateks sell at that level.
    Search Antiquorum Patek sales
    Sorry there was a typo in my original post...I did a search for "Patek Phillipe pocket watch" on eBay and many were asking around $4000. Of course it depended on what model (and if it was even real).


    Sent from my 16M
    JLC Duometre a Chronographe
    JLC Reverso Squadra Hometime
    JLC Reverso Squadra Lady's Duetto (wife)
    JLC AMVOX 1 Aston Martin Lim. Edit.
    Vacheron Constantin Overseas Dual Time
    Vacheron Constantin Toledo 1952
    Vacheron Constantin Patrimony 31 day Retrograde
    Breitling Navitimer (wife gift)
    Heuer Calculator (1977)
    Heuer Silverstone "Clay Regazzoni"
    Heuer Monaco 1133b "Steve McQueen"
    Rolex Daytona 116505 (wife)
    Roger Dubuis Sympathie Biretrograde S37

    Linde Werdelin
    Oktopus 2 Titanium Red


  10. #9
    Member AbslomRob's Avatar
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    Re: Patek Phillipe pocket watch 111107 from 1901

    I find it a bit unusual that the movement would have a jewelers name on it (suggesting a private label watch) but the dial doesn't.
    My growing collection of "affordable" vintages: http://www.abslomrob.com

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