Insights

Guides to pre-owned luxury watches, and what they are worth.

How HYPA assesses a piece, what a reference tells you, and what is moving in the market for Audemars Piguet, Richard Mille, Patek Philippe, F.P. Journe, Greubel Forsey and Vacheron Constantin.

Audemars Piguet Royal Oak Jumbo Extra-Thin 15202ST.OO.1240ST.01.A and 16202ST.OO.1240ST.02 side by side, both in steel with a blue Petite Tapisserie dial on the steel bracelet
Watches

Audemars Piguet 15202ST vs 16202ST: Which Jumbo to Choose

Two steel Royal Oak ‘Jumbo’ references share a 39 mm case and a blue dial but run on different movements. This guide sets out the calibres, the dials by year, Phillips results from 2021 to 2025, and the service and document costs.

Vacheron Constantin Overseas 4500V/110A-B128 and 4520V/210A-B128 side by side, both in steel with a blue dial on the steel bracelet
Watches

Vacheron Constantin 4500V vs 4520V: Which Overseas to Buy?

Two generations of the steel Overseas share their blue and black dial codes and are told apart by four digits. This guide sets out seven Phillips results for the 4500V in Australian dollars, its 2016 and 2020 euro launch prices, and how Vacheron Constantin’s warranty extension works.

Four A. Lange & Söhne Handwerkskunst watches and a fifth watch on a gold bracelet, laid out on a white presentation tray
Market

The luxury watch market in 2026: what the numbers say

Swiss watch exports fell in 2024 and 2025 and are edging up in 2026, while the auction rooms set records. Here is what the industry’s own figures, the groups’ results and the auction houses show, and what it means for a buyer in Australia.

Patek Philippe Nautilus 5723/112R-001 in rose gold on a rose-gold bracelet, with a ruby-set bezel and sunburst brown dial, lying on a Patek Philippe Certificate of Origin
Buying

Watch reference numbers explained: Patek, AP, RM, F.P. Journe

Patek Philippe, Audemars Piguet, Vacheron Constantin, Richard Mille, F.P. Journe and Greubel Forsey each write their references differently. Here is how to read them, where each brand puts a watch’s own numbers, and which archive services can date it.

A Richard Mille RM 11-03 McLaren in Carbon TPT and orange Quartz TPT on an orange rubber strap, held up in front of an orange McLaren car
Market

Richard Mille Prices in Australia by Collection

Richard Mille shows no retail prices on its collection pages, so a price only means something when it is tied to an exact reference and configuration. This guide explains what separates the collections, the highest auction results, how import costs change the landed price in Australia, and HYPA’s dated asking prices.

Patek Philippe Nautilus 5711/1A-010 in steel beside the 5811/1G-001 in white gold, both with blue dials and integrated bracelets, on a wooden surface
Watches

Patek Philippe 5711 vs 5811: Steel or White Gold?

The steel 5711 and the white-gold 5811 look almost identical, yet the white gold costs A$90,000 more at HYPA’s asking prices in October 2026. This guide sets out what that premium buys, what it does not, and why a dealer would choose the steel 5711.

Patek Philippe Aquanaut Luce Haute Joaillerie 5268/461G-001 in white gold, its bezel set with blue sapphires and its dial with diamonds and blue sapphires, on a blue strap
Watches

How to Buy a Pre-Owned Patek Philippe: Reference, Condition, Papers and Seller Risk

A practical guide for Australian buyers: how to establish the exact reference, read condition claims, and understand which papers can never be replaced. It also sets out what protection you actually have from the seller in front of you, and what a pre-owned Patek Philippe costs to land and to own.

A Richard Mille RM 11-03 McLaren in Carbon TPT with orange Quartz TPT, on an orange rubber strap, resting on a black carbon surface
Market

Richard Mille RM 11-03 Editions: Which Premiums Are Real?

What each RM 11-03 edition is asked on Chrono24 against the price Richard Mille launched it at: the McLaren and Jean Todt premiums are real, the Le Mans Classic’s is thinly evidenced, and the Ultimate’s and Last Black’s cannot be measured.

Three F.P. Journe Élégante watches with diamond-set tonneau cases, on white, navy and brown straps, displayed side by side
Market

The Most Sought-After F.P. Journe Watches in 2026

Which F.P. Journe watches are most sought after in 2026? Compare reported retail prices, 2025–2026 auction results and how to buy safely in Australia.

Two F.P. Journe Élégante watches with rainbow baguette-set bezels, one in titanium on a yellow rubber strap and one in Titalyt® on orange, lying on tan leather
Watches

How to Buy a Pre-Owned F.P. Journe Élégante in Australia: What to Check Before You Pay

A practical guide to references, condition, Calibre 1210, warranty, documentation, seller risk and landed cost.

Audemars Piguet Royal Oak Openworked Extra-Thin in rose gold, worn on the wrist
Watches

How to Buy a Pre-Owned Audemars Piguet Royal Oak in Australia: What to Check Before You Pay

A practical guide for Australian buyers: what to check about the reference, condition, refinishing, service history, warranty, documentation, seller and price before buying a pre-owned Audemars Piguet Royal Oak.

Richard Mille RM 17-01 Tourbillon in Carbon TPT on a black rubber strap
Watches

Buying a Richard Mille Overseas vs Australia: Costs, GST and What to Check

Is it cheaper or better to buy a Richard Mille overseas or in Australia? How to compare total landed cost, GST and import charges, foreign exchange, warranty, inspection and consumer protections before deciding.

Two Richard Mille RM 43-01 Ferrari, in titanium and Carbon TPT, on a black presentation tray
Watches

How to Buy a Pre-Owned Richard Mille in Australia

What to check before buying a pre-owned Richard Mille in Australia: the exact reference, authenticity and originality, condition and service history, box and papers, the seller, and the true landed cost of a watch bought overseas.

Patek Philippe Aquanaut Date, Sweep Seconds 5168G-001
Buying

What you receive when you buy from HYPA

Pricing, payment, documentation and inspection, as they stand for every watch HYPA offers. The short version of the terms, in plain words.

Audemars Piguet Royal Oak Offshore Selfwinding Chronograph 26238ST.OO.2000ST.01
Sourcing

How HYPA sources a reference you cannot find

The most sought-after references rarely sit in a shop window. This is how a sourcing request is defined, who is approached, and what a client hears back.

Patek Philippe Nautilus Date, Sweep Seconds 5811/1G-001
Watches

The Patek Philippe Nautilus collection, reference by reference

What Patek Philippe currently lists under Nautilus — 43 wristwatch references — by model number, metal, case size and movement, read off the brand’s own pages.

Audemars Piguet Royal Oak Selfwinding 15510ST.OO.1320ST.06
Selling

How HYPA values a watch you want to sell

What a free valuation covers, what is weighed, and what happens between the first message and payment. The process as HYPA runs it, without the mystery.

Talk to a specialist

A question about a specific watch?

Send the reference and what you want to know. HYPA answers with what it can verify, not what it would like to be true.