October 3rd, 2024
Does the Audemars Piguet Watch Have a Resale Value?
Your used luxury watch can be another man’s new treasure. If you have an Audemars Piguet lying around in your house collecting dust, you can sell your Audemars Piguet for cash.
Audemars Piguet is recognized for its outstanding reputation for quality, precision, and fine craftsmanship. Owning an Audemars Piguet is considered a rewarding investment in practical and financial terms. You enjoy wearing this highly prestigious watch and when you are ready to sell it you may enjoy a better return than on other luxury used watch brands.
This in-depth guide will explore the resale potential of your Audemars Piguet timepiece!
The Legacy of Audemars Piguet
Audemars Piguet is part of what is known as the “Holy Trinity of Swiss watches.” The company is a celebrated Swiss luxury watch manufacturer with a rich history from 1875.
This luxury watch brand is among the most sought-after brands on the secondary market. The company was established in the Vallée de Joux region of Switzerland by Jules Louis Audemars and Edward Auguste Piguet, both trained watchmakers.
Watchmaking was a popular profession in 19th-century Switzerland. Artisans practiced the skill from their homes. Jules Louis Audemars’ father was a farmer and watchmaker maintaining a workshop in a farm building.
Audemars was 23 years old, and Piquet was 21 in 1874 when they decided to go into watchmaking. In 1881, Audemars and Piquet made Audemars Piguet & Cie an official business.
The speedy growth of the brand is attributed to the technical expertise in watchmaking of Audemars and Piguet business acumen in sales and management. Audemars Piguet is known for their distinguished inventions and the many firsts in the watchmaking industry, some of which include:
- 1892. The first minute-repeating movement.
- 1899. The “Grand Complication” pocket watch has seven complications.
- 1921. The world’s first jumping –hour.
- 1934. The first skeleton watch.
- 1946. The tiniest watch (1.64-mm-thick movement).
- 1972. The first luxury sport wristwatch (Royal Oak).
- The Calibre 2870 is an ultra-thin automatic tourbillon wristwatch that is only 5.3 mm thick (including the case).
- 1995. The first automatic “Grande Complication” wristwatch (Calibre 2885)·
- 2006. The first direct-pulse escapement with inspiration from the design of watchmaker Robert Robin in the 18th century.
- 2007. The first watch with a carbon case and movement ( Royal Oak Carbon Concept).
- The first mechanical chronograph with an independent memory and three-column wheels (Royal Oak Concept Laptimer Michael Schumacher).
- 2019. The thinnest automatic perpetual calendar.
Audemars Piguet's history reflects a blend of traditional craftsmanship and a willingness to embrace innovation. These core values allow the brand to remain at the forefront of the luxury watch industry for over a century.
Understanding Resale Value
Resale value refers to the monetary worth a luxury watch retains in the secondary market. A timepiece’s high resale value often signifies a luxury watch brand's prestige and enduring appeal.
These are the factors that influence a luxury watch’s resale value.
Brand Reputation
Established and respected brands often fetch higher resale value due to their heritage, history, and perceived quality.
Rarity and Limited Editions
Timepieces with limited edition production run and rare models are inclined to have higher resale values.
Condition and Maintenance
The overall condition of the watch, including the presence of original packaging, documents, and servicing records, significantly impacts resale value.
Historical Significance
Timepieces associated with historical events, collaborations, or famous personalities may increase resale value.
Market Trends
Broader economic conditions, market trends, and shifts in consumer preferences in the luxury watch segment can influence resale values.
A watch’s resale value is a testament to a timepiece’s enduring worth and desirability.
Audemars Piguet Resale Value
Audemar Piguet watches have high resale values. While not all Audemars Piguet (AP) models increase in value, many enjoy steady appreciation.
Several factors contribute to the resale value of AP timepieces:
Brand Prestige
Audemars Piguet is a highly respected and prestigious Swiss watchmaker. The brand’s commitment to craftsmanship and innovation contributes to the desirability of its watches in the resale market.
Quality and Craftsmanship
Audemars Piguet is known for its commitment to precision and craftsmanship. The high-quality materials and meticulous attention to detail contribute to the longevity and durability of its watches, positively impacting their resale value.
Iconic Models
The Royal Oak and Royal Oak Offshore are iconic AP models. They often hold or appreciate over time.
Limited Editions and Collaborations
AP occasionally releases limited-edition models and collaborates with artists, designers, or other brands. Such exclusivity and rarity can significantly enhance the resale value of these exceptional edition watches.
Celebrity Endorsements
Celebrities such as Jay-Z, Kim Kardashian, Beyonce, and Drake have been photographed wearing Audemars Piguet watches. This helps keep the brand in the news and retain its value.
Market Demands
The market demand for Audemars Piguet watches influences their resale value. If a particular model is in high demand among collectors, it will likely command a higher price in the secondary market.
Audemars Piguet's value can vary based on specific models. Factors such as the watch's condition, the presence of original documentation, the box, and the rarity of the specific model can all affect its resale value.
Audemars Piguet Models with the Best Resale Value
Audemar Piguet released several iconic timepieces over the years. But if you want to sell an AP watch, consider selling these models because they have the best resale value.
Audemars Piguet Royal Oak Offshore
Audemars Piguet Royal Oak Concept
Audemars Piguet Royal Oak Perpetual Calendar
Audemars Piguet Royal Oak Tourbillon
Audemars Piguet Royal Oak Offshore Chronograph
Audemars Piguet Diamond Set Chronograph
Sell Us Your Jewelry.com buys all Audemars Piguet models.
Why Choose Sell Us Your Jewelry.com
Sell Us Your Jewelry.com, the buying division of Gray & Sons Jewelers has been selling, trading, and consigning pre-owned luxury watches, luxury jewelry, diamonds, and sterling silver pieces since 1980.
When you sell Audemars Piguet timepieces to Sell Us Your Jewelry.com, we will strive to get you the best value for your watch. We are the top Audemars Piguet buyer in Miami and the United States. We have master watchmakers, qualified jewelry appraisers, and expert buying specialists to provide the best value for your timepiece.
Selling your pre-owned Audemars Piguet timepiece is easy and fast.
- Request a free quote.
- Get an initial offer.
- Send your AP watch to us via registered mail for a thorough inspection.
- We will make a final offer.
- If you accept, we will send immediate payment.
Sell Us Your Jewelry.com offers a transparent, safe, and secure selling process while offering the best value for your Audemars Piguet.
See Us Last! Sell Audemars Piguet to Sell Us Your Jewelry.com and join thousands of our satisfied customers who have sold their luxury timepieces to us.
Get a free quote and start the selling process.