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Top Quality Patek Philippe Silver Watches (140) Items
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Top Quality Patek Philippe Silver Watches (140) Items
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Replica Patek Philippe Silver Watches Latest Reviews

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  • Auctions - Christie's Geneva May watch sales results

    On 11 May, the Important Watches sale totalled SFr. 15,492,975/ $16,447,342 / €14,738,467, selling 99% by value and 95% by lot. The top lot of the sale was a Patek Philippe, platinum double-dial Sky Moon Tourbillon wristwatch with twelve complications, Ref. 5002P, manufactured in 2006, which sold comfortably within its estimate for SFr.1,085,000 /$1,151,836 (lot 136).

    The Christie's Geneva saleroom welcomed a total of 566 registrants in the room, on the telephone and via the internet.


    Top Five lots 
    Patek Philippe
    A platinum double dial Sky Moon Tourbillon
    Ref. 5002P / manufactured 2006
    Estimate: SFr. 800,000-1,300,000
    Sold for SFR. 1,085,000
    Patek Philippe
    A platinum and diamond automatic wristwatch
    Ref. 3700/031 / manufactured 1982
    Estimate: SFr. 200,000-400,000
    Sold for SFR. 845,000
    Patek Philippe
    A gold perpetual calendar wristwatch
    Ref. 2499/100 / manufactured 1980
    Estimate: SFr. 400,000-800.000
    Sold for SFR. 650,600
    Audemars Piguet
    A large 18k gold minute repeating wristwatch
    Ref. 5528 / sold in 1951
    Estimate: SFr.150,000-250,000
    Sold for: SFR. 605,000
    PATEK PHILIPPE
    Platinum perpetual calendar automatic wristwatch
    Ref. 3448 / manufactured 1971
    Estimate: SFr. 450,000-1,000,000
    SOLD FOR: SFR. 545,000

  • Patek Philippe - Chiming Jump Hour Ref. 5275

    The watch pays tribute to the Ref. 3969 with a jumping digital hour which was launched in 1989 on the occasion of Patek Philippe's 150th anniversary. It also illustrates how much the manufacture's technical prowess and expertise have progressed during the past 25 years.
    A closer look at the Chiming Jump Hour reveals that the seconds hand jumps from one scale marker to the next in one-second steps. As soon as the seconds hand reaches the 60, the minute hand also jumps from one minute marker to the next. And finally, once an hour, the digital display in the aperture at 12 o'clock jumps to the new hour precisely at the same moment when the seconds and minute hands advance. A soft tone can be heard at this moment: the Chiming Jump Hour indicates the top of each hour acoustically as well.

    Jumping time indications are complications characterized by a high level of mechanical complexity. In conventional mechanical watches, the hands move continuously in step with the balance. In most watches, it beats at 6 or 8 oscillations per second. With every semi-oscillation, the balance allows the escape wheel to rotate by one tooth, and this motion is transferred to the hands by the going train. The hands move forward incrementally. The seconds hand makes this cadence apparent, but the stepwise motion of the minute and hour hands is barely discernible.

    The Chiming Jump Hour also has a balance, and it performs 8 semi-oscillations per second. However, the energy is not directly transferred to the seconds hand. Instead, it is accumulated in a storage mechanism that only releases it to the fourth wheel when the eighth semi-oscillation takes place. Analogously, the power stored during a time interval of 60 seconds must be delivered to the minute hand instantaneously, and the same process occurs after 60 minutes when the digital hour display needs to be advanced as well.


    The watch houses the new manually wound caliber 32-650 HGS PS movement. During a period of four years, the in-house ateliers developed mechanisms that could not only store the energy needed for the jumping indications but would also synchronize the jumps of the seconds, minutes, and hours with extreme accuracy. Three patent applications were filed for these solutions. The most conspicuous part is the seconds lever made of Silinvar®, a derivative of silicon. It is connected to a spring which stores the energy of the eight semi-oscillations of the balance that make up one second. With a beak, the lever engages with a wolf-tooth Silinvar® wheel which in turn meshes with the fourth wheel. After every sequence of eight semi-oscillations, the lever is lifted. The wolf-tooth wheel advances by one tooth and moves the fourth wheel by 6 degrees, which causes the seconds hand to jump forward by one second.

    The top of every hour is automatically announced with a gentle tone. A slide in the case flank at 10 o'clock can be used to isolate the hammer and disable the automatic hour strike. The mechanism is the subject of the fourth patent application.

    The substantial effort invested in these attractive complications is manifested by the 438 meticulously finished parts contained in the refined caliber 32-650 HGS PS movement.

    The Chiming Jump Hour is accommodated in a tonneau-shaped platinum case that is also crafted in the manufacture's own ateliers. Like the periphery and the minute circle of the dial, its flanks are decorated with intricate engravings of floral motifs. The small slide for enabling and disabling the hour strike is located at 10 o'clock. The watch has a solid platinum case back with the engraving "PATEK PHILIPPE GENEVE 175e Anniversaire 1839 - 2014".

    At 12 o'clock, the gold dial features an aperture for the digital hour indication. The minute hand revolves in the off-center minute circle that dominates the top half of the dial while the prominent seconds subdial appears at 6 o'clock.


    The Patek Philippe Chiming Jump Hour Ref. 5275 is worn on a shiny black alligator strap secured with a platinum fold-over clasp. It bears the engraved inscription "PATEK PHILIPPE 1839 - 2014" as well as an engraved Calatrava cross in the middle.
    The watch comes in a limited anniversary edition of 175 pieces.

  • Vacheron Constantin - Vacheron Constantin takes on Patek Philippe

    Unofficially, London now has a Vacheron Constantin boutique. Officially, the Bond Street store will open in the autumn, but between times it's doing business and - according to its store staff - already starting to shift watches.  For Vacheron Constantin, the boutique is a significant milestone in a strategy designed to take a chunk out of its main rivals - which in London means one thing. 'The local people here in London are stuck on Patek Philippe,' suggests Vacheron Constantin's chief executive Juan-Carlos Torres when asked why he wants a boutique here. 'But I have to change their mind.' The model for this process is New York where the brand opened a boutique in late 2011. 'I'm doing a big job in America,' Torres continues. 'I am getting more market share. People are coming from Patek Philippe to Vacheron Constantin. That process has started in London too thanks to the work the team here has done, but the brand has to grow in terms of awareness. I cannot compete with Patek Philippe in London or New York at the moment - but it will come. For now, the idea is not to have turnover here - ok, we have to pay rent and salaries - but to have a window in this country.' News London was to get a Vacheron Constantin boutique broke last year, but Britain's capital city had been on the brand's hit list for some time before then. Securing a retail space in London's West End is notoriously competitive and for brands with aspirations of dominance, getting to Bond Street is a mission, a rite of passage, you could say. The boutique itself is modest in size. Measuring little more than 600ft2 (55m2) over two floors, it's never going to host vast celeb-studded parties and, as Torres says, 'we're not expecting big buses of tourists.' But, he explains, that's not strictly the point. 'We expect to have collectors. Real British collectors. There's a bar downstairs where people can come to talk about Vacheron Constantin over a glass of champagne. In Geneva, twice a year we organize a meeting of our collectors, and we will do the same in London.' Inside, it's beautifully fitted out. Vacheron Constantin employed an English joiner to create wall-to-wall oak panelling (using English oak, naturally), watch showcases and shelving for watchmaking artefacts and publications from Vacheron Constantin's epic archive. On the floor there are burgundy rugs made in Britain - burgundy being a colour the brand believes will appeal to local clientele.  That at least is why the same colour informs the strap of the two-handed Patrimony Traditionnelle London Special Edition watch, a stunning piece that will only be sold in the boutique. Just 20 will be made initially and each features a hand-guilloche dial with a subtle unique Union Jack motif designed for the watch.  Torres's vision of cutting into Patek Philippe's share of the market won't be realised solely by boutiques. He's eager to point out that for all a boutique strategy might appear to be a threat to his existing network of third party retailers, it's actually the opposite, and that the two are intended to complement one another. 'In big cities, in the main capitals, we have to have our own boutiques,' he says. 'To have a window and to be a support for the retailers. We create partnerships, not competition. 'In Paris, we opened a boutique on Place Vendôme 50 metres across from our friend Dubail, the most important retailer in Paris. The idea is that we will help them, for example, with after sales service. And if there are pieces a customer wants and we haven't got them in the boutique, we will send those customers to Dubail. In New York, I spoke with Wempe, Tourneau and Cellini.' And then he drops the kind of statistic often used to prove the two retail strategies can work hand in hand. 'Everywhere we open a boutique,' he says, leaning forward, 'we double the turnover of the retailer. Double.' Breitling, which has also just opened a boutique in London, reports a similar impact with its New York store, incidentally. Boutiques, Torres says, give customers a place to come and go deeper into a brand. Vacheron Constantin trains its boutique staff for six months before they start work and also employs an in-house watchmaker to work on-site. 'The idea,' says Torres, 'is to catch the real customer.' The boutique will also give local customers access to Vacheron Constantin's remarkable custom-order Atelier Cabinotiers service, and to its repairs service - Vacheron Constantin pledges to repair any of its timepieces, no matter how old.  All said, the boutique is good news for Vacheron Constantin's British collectors and enthusiasts, as well as international visitors to London who Torres expects to make up a significant percentage of trade. But will it prove to be the good news the brand is looking for? If Torres's strategy works, it could be very good news indeed. 

  • Patek Philippe - The digital campaign

     
    Following the successful launch of the institutional print advertising campaign, Patek Philippe extends its institutional communication strategy into digital media. The institutional print campaign runs alongside the world-renowned corporate "Generations" product campaign and reinforces the Patek Philippe core brand values: family heritage, highest level of craftsmanship, and constant innovation. Currently, there are six active advertising themes: "Patek Philippe Seal", "Acoustics", "1200 Steps", "Restoration", and the recently released "Creation" and "Ladies First".

    The digital activity will bring to life the institutional campaign in the form of a series of themed microsites with content tailored to suit the most inquisitive palates from the watch amateur to the collector. It offers unique and engaging content about the manufacture, the family involvement, and the exceptional standards of watchmaking at Patek Philippe.

    The first chapter of the digital campaign and the microsite will start with the "Acoustics" theme and use the headline from the current print campaign: "Of course, the acoustics of all minute repeaters have to be tested. In our family-owned watch company, the President does it." The "Acoustics" microsite offers a wealth of content about minute repeaters, one of the most revered types of complications, and brings to life the extraordinary collection of Patek Philippe minute repeaters. It describes the meticulous testing process and the family involvement in the quest for the perfect sound. It also features a "real- time chiming" function and an exclusive in-depth interview with Thierry Stern, President of Patek Philippe, about the exceptional nature of these timepieces.

    The microsite will be supported with on-line advertising banners and bespoke QR codes in print with an instantaneous link to the microsite in English and German. The advertising campaign launches in December in the UK, Germany, and the USA, and on a selection of international media sites.

    The institutional "Acoustics" microsite can be found at:  www.patek.com/acoustics

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