brax
Distinguished Member
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- Apr 2, 2008
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I am traveling through Mandalay, Myanmar and came across an intriguing find: a beat-up watch that purports to be a Patek Philippe. My first unanswerable question is whether it is genuine. Surrounding circumstances support its legitimacy. I saw few western goods and no other purports to be luxury item. It was in the back of the store with no prominence so it was not a hook to bait people in. The watch was heavy enough to be a real Patek. The face was done in great detail. There was a "swiss made" sign on either side of the numeral six. It said Geneve not Geneva. The back was scratched and the crystal was chipped so I doubt that anyone would go through the trouble of faking the watch and then beating it up. The back also has number "5052" etched on it (the reference number?) But is there a sine qua non that I may be missing concerning its authenticity?
My second question has to do with value. How much would an old, beat-up Patek 5052 that needs the crystal replaced and a complete refurbishing go for? Would I be undertaking a refurbishing project that would eclipse the value of the watch? If it helps, the date placement was unusual. It was between the 4 and 5.
Thanks.
My second question has to do with value. How much would an old, beat-up Patek 5052 that needs the crystal replaced and a complete refurbishing go for? Would I be undertaking a refurbishing project that would eclipse the value of the watch? If it helps, the date placement was unusual. It was between the 4 and 5.
Thanks.