The vintage Patek market is certainly booming, with the ref. 2523 hammering at $10,247,000 at Phillips Geneva a couple of weeks ago, the latest indication. On that note, Mr. Stern was candid about the secondary market: Patek follows auction results closely, tracks secondary prices, and isn’t shy about it. He even mentions the Patek Philippe Museum actively buying back vintage pieces. It’s one more example of how involved he remains in every aspect of what the brand does—not just the design, but what happens to each watch long after it leaves Geneva.
Hodinkee
2026-05-19 15:00:00