Chronographs are a popular complication and Patek Philippe vintage chronos can bring big dollars. Take, for example, a Patek Philippe Ref. 130 in pink gold. It can go from anywhere between $30,000-60,000 and up depending upon dial and condition. Obviously, that’s a significant chunk of change.
In contrast, a beautiful Vacheron Constantin pink gold Ref. 4178, which is beautifully designed and finished to the highest standards, is in the $18,000-24,000 range. The fluted claw lugs on this model are particularly interesting and attractive, differentiating it from a Patek Philippe 130. Now, we’re not saying the price of the Vacheron Constantin is by any means an inexpensive purchase, but it is a less pricey alternative to a Patek Philippe Ref. 130 and an equally good collector’s choice. Some place Vacheron Constantin in the same league as Patek Philippe.
So why the difference in price? The quality is there for the Vacheron Constantin; however, the Patek Philippe brings a premium because of the maker and the maker is one of the 4 Q’s (qualities) we examine when determining value.
Today, December 14, 2012 at Christie’s a lovely Vacheron Constantin Ref. 4178 is going on the block. See the lot here.