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Unemployed Charlie Sheen’s Over $700,000 Patek Philippe Ref. 2438/1 Watch

Unemployed Charlie Sheen's Over $700,000 Patek Philippe Ref. 2438/1 Watch Featured Articles

Yesterday, March 1st, 2011 Charlie Sheen joined Twitter. I don’t know if this was his first soiree on the site, but in less than 24 hours he had almost 650,000 followers. Amazing. In his third tweet Charlie wrote “The only watch that keeps Warlock time – Class of 1927 ring “Bambino U” Following this was a twitpic of his wrist wearing a watch and a ring on his ringer. But we don’t care about the ring. Actually, the ring is pretty cool. It is Babe Ruth’s 1927 World Series ring. The one he got after his season setting a home run record. And now it is on Charlie’s wrist – a good luck fortune? Doesn’t seem to be working as advertised.

Unemployed Charlie Sheen's Over $700,000 Patek Philippe Ref. 2438/1 Watch Featured Articles

“Warlock time” refers to the statement Charlie made on The Today Show on Feb. 28th, 2011. Calling himself a “warlock.” No idea what that means really, but have enough chemicals in your system and you too will be casting spells just to use the toilet properly. In all his drugged out days Sheen has never lost faith or interest in his other vice, watches – more specifically, Patek Philippe. Funny enough. Sheen later tweeted that Babe Ruth was an accomplished level 100 warlock by Sheen’s standards. While I find the concept of Babe Ruth playing table top role playing games amusing, Dungeons & Dragons or anything like it wasn’t around yet in Ruth’s time. Though at least we know Charlie is an avid gamer. No doubt he chemically enhances his experience with brain tonic. Hell, a little mescaline always makes me a better dungeon master as long as I can still recognize the dice.

A few months ago thanks to a little blow (the girl) and a little blow (the coke). Sheen was reported to have undergone a breakdown in a hotel room. As I reported here, it was because he misplaced his Ref. 5970 Patek Philippe watch. At the time he accused his ‘adult entertainment professional’ female companion he met at the bar of taking it. Not sure what came of that. Though being the collector that he is, Charlie has a few beloved Pateks laying around.

Unemployed Charlie Sheen's Over $700,000 Patek Philippe Ref. 2438/1 Watch Featured Articles

Unemployed Charlie Sheen's Over $700,000 Patek Philippe Ref. 2438/1 Watch Featured Articles

The watch on his wrist is another Patek Philippe. This time it is (I believe) a very rare vintage reference 2438/1 watch that was made from 1952 through the early 1960s. Not only is the pretty watch extremely rare, but it is very valuable. One just like it, at a Christie’s auction in 2009 sold for $707,612. The watch is 37mm wide in gold and contains a Patek Philippe made manually wound annual calendar “triple date” layout movement. There are windows for the day and month indicators, with a moonphase and date dial below them. The main dial has the time and seconds. Love those dauphine hands. One very interesting fact about this watch was that it was water resistant. By the way, another possibility is that the watch is a Patek Philippe ref. 2497 J. The differences between the two are extremely slight. There were both made around the same time and look almost identical. The only real difference (there might be proportional changes) is the placement of some lume on the hands. If it is the 2497 J, then it would only be worth closer to $500,000.

The pics on here of Charlie Sheen are from his Twitter page – so credit him for those. The more manicured image of the Patek Philippe ref. 2438/1 watch is from – and belongs to them. Call me a sucker, but I am hooked on Charlie’s new publicity scheme be it calculated or not. In the end, with his good taste and passion for watches, I think Patek Philippe owes him a call as their newest brand ambassador. Win-win situation?


See Patek Philippe watches on eBay here.Unemployed Charlie Sheen's Over $700,000 Patek Philippe Ref. 2438/1 Watch Featured Articles

See Patek Philippe watches on Amazon here.Unemployed Charlie Sheen's Over $700,000 Patek Philippe Ref. 2438/1 Watch Featured Articles

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  • kris c

    He’s just not going to wake up one day, and it’ll be a shame. He’s always been a good actor, or at least I’ve always enjoyed stuff he’s been in – from serious roles like Cadence and Platoon, to the ridiculous like Hot Shots! and Two and a Half Men, which is a really funny show. He’s not the highest paid actor on TV because people want to see if he’ll screw up, it’s because he’s funny. He make an easy target of himself, and so people bash him. I can’t say I’m totally envious of him – yes, I’d like to own $5.5mm in watches, make almost $2mm and episode, and party with A-listers and porn stars on a regular basis – but when I hear him talk about “bangin’ 7 gram rocks and finishing them”, I certainly don’t want any part of it. Regardless, he’s living how he wants to and probably could care less about the opinions of all the armchair guideance counsellors.

    Is it wierd that he never wears watches like this on the show? Maybe this one is too rare, but I only ever see him wearing the Rolex YM. Is that his “beater”?

  • Rich B

    He also did an interview with TMZ. He was wearing a Patek world timer and mentioned he only has 7 watches in his collection. With the collection he has 7 is all he needs.

  • LBJ

    Perhaps this was the only Sheen story that didn’t have me screaming from the painful ennui that comes along with a self-destructing b-list celebrity.

    He has decent taste in watches…I wonder if he would put me in his will? No, probably not.

  • Hoby Cook

    Ariel – very funny stuff!
    Off topic, but I had lunch yesterday with some old friends of yours, Aniceto Pita and Danny Pastor of Pita Barcelona. They are going to be doing a new promotion of the Oceana in titanium simultaneously with Basel in a few weeks. Hopefully you’ll give them a plug! Aniceto really deserves recognition for taking the dive watch to a new level.

  • I like the watch, Charlie Sheen have surprisingly good taste in watches !

  • funkright

    there was a watch in that last picture? didn’t notice it.. there are things I appreciate more than watches..

  • Opa John

    I’ll use the alarm for keeping appointments.(always late).

  • Thanks so much for this!! I really want to find out exactly which Philippe Patek he’s wearing in that twitpic 🙂

    Much Appreciation,
    Vintage Jewelry, Timepieces and Fashion

  • MarkWinship

    I have my grandfather’s 1912 Waltham wristwatch that was given a thorough cleaning about 2 years ago.  It’s resting right now.  It’s in “mint” condition.  About how much would it be worth right now on the “open market”?

  • TomasinaCovell

    MarkWinship If it was really that “minty”, over 15 grand to start?

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