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October 2018 Summary

Logo GoodwillBuyer.com smallThe month of October this year was quite a departure from the regular browsing through the clothes racks. There were a number of changes in my expenditures that dictated a different approach to what was to show up on this web site at the end of the month. One of these directions turned to an interest in high-end watches and fountain pens, specifically those made by the Swiss manufacturers Patek Philippe and Montblanc.

A recent visit to the only Patek Philippe dealer in our metropolitan area produced an immediate fever for more information on this elusive and very expensive example of perfection. This visit created an even greater impulse to research more on the fine artistry and care taken to create what some consider to be the very best name in watches in the world. Although I was lucky enough to recently find a beautiful example of a ladies Patek Philippe wrist watch, I know the possibility of finding one show up on my own wrist is quite remote, if ever at all. Nevertheless, the nice sales lady behind the counter of the dealer of these fantastic pieces of workmanship took more than thirty minutes of her time to help educate me on the beautiful time pieces and almost had me convinced that I could afford an irresistible $37,000 Calatrava. Common sense and my thin wallet stepped in quickly to reassure me that this was not a possibility.

Patek Philippe Collections. Click to enlarge.

An opportunity presented itself later on which allowed me to affordably add to my library of used books these fine watches from Patek Philippe.  All of the books purchased, with the exception of one, were originally sold by the Patek Philippe Museum.  The list price for each of the four annual Collection Books on their website in new condition is CHF 660 which equates to $658.72. Each one of these four books is a pristine work of art in itself and I consider myself quite fortunate to have such a museum quality set to look through each evening after dinner!

Montblanc 380 ballpoint pen Click to enlarge.

The last item made the list this month of the ten items, a beautiful Montblanc type 380 ballpoint pen.  A co-worker carries a Montblanc fountain pen in his shirt pocket and it became a topic of discussion which led to learning how to distinguish a fake from the real thing. I’m still not totally convinced this one is real but it was certainly worth a two dollar bill to have a nice working pen even if it there is that slight chance it may be an imitation.

The following chart is a break down of what I purchased for the month of October 2018. My total expenditure was $147.57 which would have cost me right at thirty times as much, or $4,454.29, if full retail had been paid.

October 2018

$147 $161 $4,454 30.2x
Company Detail Paid Tagged Retail Origin
Montblanc 380 ballpoint pen 1.99 15.50 420.00 Germany
Patek Philippe Collection Catalog 2017 0.01 0.01 25.99 Switzerland
Patek Philippe Collection Catalog 2018 0.01 0.01 25.99 Switzerland
Patek Philippe Collection Book 2009-2010 12.99 12.99 658.72 Switzerland
Patek Philippe Collection Book 2010-2011 13.59 13.59 658.72 Switzerland
Patek Philippe Collection Book Volume I – 2014 18.74 18.74 658.72 Switzerland
Patek Philippe Collection Book Volume II – 2015 13.59 13.59 658.72 Switzerland
Patek Philippe Collection Book Volume III – 2016 27.95 27.95 658.72 Switzerland
Patek Philippe Collection Book Volume IV – 2017 48.72 48.72 658.72 Switzerland
Schiffer Patek Philippe: Highlights 9.98 9.98 29.99 USA

Knowing your brands, as to which command a greater return on your investment, is good business sense. Become familiar with the brands that sell well or have long lasting international respect and when you find them in good condition, they will bring you a good net satisfaction. Good luck with your Goodwill hunting.

Key words: Montblanc, Patek Philippe

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