The Patek Philippe 4947/1A-001, a stunning example of the brand's mastery of horological complications, commands a significant price in the luxury watch market. Understanding this price requires a deeper dive into the watch's features, its place within Patek Philippe's collection, and the dynamics of the pre-owned and new market. This article will explore the factors influencing the price of the 4947/1A-001, providing a comprehensive overview of this coveted timepiece.
The Patek Philippe 4947/1A-001: A Closer Look
The reference number 4947/1A-001 designates a specific iteration of Patek Philippe's Annual Calendar Moon Phase, a watch that seamlessly blends practicality with sophisticated aesthetics. The "4947" signifies its place within the brand's extensive catalog, specifically highlighting the Annual Calendar complication. The "1A" denotes a steel case, a less common material for Patek Philippe compared to its precious metal counterparts, making this reference particularly desirable for those seeking a sportier yet luxurious option. Finally, "-001" might refer to a specific dial variation or minor internal changes within the production run, although precise details are often kept within Patek Philippe's internal documentation.
The watch itself is a testament to Patek Philippe's commitment to excellence. Its steel case, while robust, exudes an understated elegance. The blue dial, a popular choice among collectors, adds a touch of sophistication and contrasts beautifully with the applied indices and hands. The annual calendar complication, arguably the watch's centerpiece, automatically adjusts for the varying lengths of months, requiring only a single manual correction at the end of February each year. This is a significant advantage over perpetual calendars, which require adjustments far less frequently, but at a far greater cost. The integrated moon phase display adds another layer of horological sophistication, showcasing Patek Philippe's dedication to precision and detail. The automatic movement, beating at a frequency typical of high-end watches, ensures reliable timekeeping and a smooth, consistent power reserve.
Pricing the Patek Philippe 4947/1A-001: A Multifaceted Equation
Determining the precise price of a Patek Philippe 4947/1A-001 is challenging due to several factors. The listed price from an authorized dealer, often cited around $41,763 (as mentioned previously for a similar model), serves as a starting point, but this figure can vary based on regional differences, currency fluctuations, and any additional services offered by the retailer.
However, the price significantly differs when considering the pre-owned market. The condition of the watch plays a crucial role. A pristine, unworn example will command a premium, while a watch showing signs of wear, even minor ones, will see a price reduction. The presence of the original box and papers further influences value, as these accessories demonstrate authenticity and provenance. The availability of the watch in the pre-owned market also impacts its price. High demand and low supply will inevitably drive prices upwards.
Comparing the 4947/1A-001 to Similar Models:
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