lol Nice one!

The gabbagooooool

Betty boop

I always thought that about this appraiser, but was afraid to say it. Is it the New York accent? I love his appraisals anyway.

Now run home and get your shine box!

Ben 🤦🏾‍♀️🤣🤣

Right 😂😂😂

@Florida Man. It's nice but I've seen much better. She didn't have to say it's not going, he didn't even ask her if she was going to sell it. She was kind of acting like it was the Hope diamond🙄

@@danacaro-herman3530 you have zero clue on watches.

Real value of this is 6 figures. Not the piss poor price he said.

@@OffGridInvestor well perhaps not, you're correct. The appraiser knows what he's doing though, he's a professional with alot of experience.

Crashing as of today… $1760 from $2900 high!

Spoliers!

@@sideshowmulhern Bruh, you're the one reading comments before watching the video..

If it was a wrist watch, yes.

Especially after reading the words " Patek Philippe " I expected over 100.000 from the best watchmaker in the world.

It's BS.... anything made by Patek Phillip in that era is minimum 6 figures. Often 7 figures.

true.

I would wear it, it’s a beautiful elegant piece!

12.50

Anthony You’re not cool.

It is not that the actual watch has lost its value it is that society has lost its value. That piece should be near to $50000.

So maybe the first appraiser did a good job then

Not to mention the desirable size that the movement can potentially be recased as a men’s wristwatch...not that I would

Yes, he's just a third generation jewelry expert who has his own business and also works for a big New York auction house as an appraiser/consultant, but what does he know?

@@janepoultney5207 obviously not very much seeing as hes undervaluing stuff and clearly has no idea what oriental means, he just pulled that description out his arse

Jennie Wright well tbf according to Webster’s dictionary when talking about pearls it DOES actually mean a natural marine pearl...

Unique pieces like this are hard to appraise and are rarely the sum of the appraisal of the elements they are made of... this is why you will always see them sell at wildly different prices at auction than appraisal, and value will come from the history of the piece rather than what it is made of... Whats more, they will wildly vary from one auction to another depending on who is bidding at the time .. that being said, i think he was generous in his appraisal of this one, because it has no particular historical significance (i.e. owned by someone important, or was made for special edition or occasion, or was one of a kind, etc). Also if you estimate the amount of gold, platinum in it, its not much, so that shouldn't factor in big, its not particularly a heavy piece...so now we come to the diamonds and pearls...this will depend on the size and quality...and no one here can tell by just looking at the video...and finally, a pre-owned Patek can be had for as low as $2500, so that also shouldn't bump up the price unless it has an iconic movement or something... overall there isn't one thing standing out of extremely high value, but overall a good quality jewellery that's antique and is probably worth 8-10 grands

Daniel D'Angelo He's Armenian.

I knew he looked familiar.

Try buying anything made by Patek Philippe today at 1960's prices or even a Tiffany anything! Good luck.

The appraiser low balled that watch! Maybe six figures today!

He was! It’s Billy Batts.

@@mikethebeginner lol I don’t think so

It certainly is now. This was eight years ago.

Demand plays heavily into the value, and jewelry is tied to the fashion industry. This watch is beautiful, but it’s old fashioned and that’s going to limit the market. It is what it is.

chefaaron77 $13.5k

More of a Dennis Ferina

or that it was accurately assessed initially :) thou, truth to be told, it's is very difficult to say how much money that would be today. i wouldn't say it lost value, more like it kept value well -the nature of the things is that in general (almost) everything looses value (heck, it's old!). I like when people say how much they paid initially (if they paid) and how much was that back then-in real money. (there was an example of soldier saying his rolex cost him about 20% more than his monthly wage in 1960s, which roughly give-or-take is what you would pay for rolex now.

In ~1960 a new Rolex Submariner or GMT Master would run you around ~$100USD, today that amount is equal to ~$870USD. (I think a Submariner would have been 5 - 10 bucks cheaper, so my estimate is the mean between the two) A new Submariner or GMT Master in SS today would be ~$10,000 USD (GMT Master is more expensive than Subby).

1250 dollars from the 60's is still worth 1250 dollars today.

Zoltrix, do you not know what inflation is?

Yes, it means that 1,250 dollars in the sixties had the equivalent buying power of 10,000 dollars today. Yet you still have only 1,250 dollars.

I agree.

He said in an auction environment. If the people that would pay $30k for it don't attend the auction, the market value is just that since even those brands combined to make that particular piece is appealing only to a much smaller market

Douglas Thompson if it's valuable to the owner that's all that mattered

I'm sure they weren't purchasing it as an investment.

I have noticed that a lot of the Tiffany appraisals have been low.

Its not a poor investment though. If they kept that $1,000 and did nothing with it, then they would only have $1,000. Its better they bought this than to have just put the money under a mattress.

@Brian Novak. I don't think so.

Or Steve Martin

a pre-owned Patek can be had at $8k or less.

@Obama Oh Yeah Yeah although besides the point but I actually have, quite a few.. that being said, i don't see how my factual comment, which you can look up yourself, led you to be an expert on my lifestyle ... so you really don't believe that certain patek models go for 8k or less pre-owned?

@Obama Oh Yeah Yeah you can get a great condition calatrava at almost any reputable classic/vintage watch dealer for 6 and 7k ... and it is a timeless dress watch and a very sought after model... DavidSW has at the moment an unworn patek twenty-4 with the works "box/papers/warranty" for 10.5k ..crown&caliber have several for 8k or under.. i am just puzzled, given the research you have done, that you think 8k can only get you a broken in pieces patek, when almost every reputable dealer has few listed in excellent condition at the price range i mentioned give or take...

no way in 1968 you can purchse a house for $1250