$45K Patek Philippe Watch Is Wearable Art: Pettinelli

The video discusses the exclusivity and history of luxury watchmaking, focusing on the Stern family's resilience. It explores the features of high-end watches, including patents and pricing, and targets a younger demographic. The discussion highlights watches as heirlooms and collectibles, emphasizing their long-term value. The video concludes with personal reflections on the luxury watch market and its challenges.

What factor contributes to the exclusivity of luxury watch brands?

• Mass production

• Low-quality materials

• Short training period for watchmakers

• Family nature of the business

What is the average price of a luxury watch discussed in the video?

• $45,000

• $13,000

• $2.8 million

• $87,100

What is the primary target age group for luxury watches?

• 28 to 35 year olds

• 60 and above

• 18 to 25 year olds

• 40 to 50 year olds

How are luxury watches positioned in terms of investment?

• As heirloom pieces

• As disposable accessories

• As short-term investments

• As trendy fashion items

What aspect of luxury watches is highlighted to appeal to collectors?

• Their colorful straps

• Their internal workings

• Their lightweight design

• Their digital features