100% Box and Papers mean a ton. The main reason behind that is when you are selling a watch it is the first question from buyers / resellers like Analogshift, Crown&Caliber, European Watch Company and the list goes on. If I was never planning on trading up or sideways for a new time piece I would toss them but even John Mayer says not to throw them out.
@bjoernaltmann
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If someone can afford several Pateks, then they usually don’t have a space issue for storing the boxes. Omega boxes are probably best in class in the price category. They are made to last. Sustainability is another angle of course. Breitling used to give a leather travel case inside a cardboard box. That was a great approach, but now they’ve gone too far with the recycled bottle flat pack box. It does not feel premium at all and I wouldn’t want to get that when spending £7k on a watch. Other brands have boxes for presentation only, ie they will fall apart if you touch them too often.
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