Patek Philippe SA

Patek PhilippePatek Philippe & CoPatek Philippe with a Sky Moon TourbillionPatek Phillipe
Patek Philippe SA is a Swiss luxury watch manufacturer founded in 1839, located in Canton of Geneva and the Vallée de Joux.wikipedia
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Antoni Patek

Along with his fellow Czech-born Polish partner Franciszek Czapek, Polish watchmaker Antoni Patek formed Patek, Czapek & Cie on May 1, 1839 in Geneva and started making pocket watches.
Antoni Norbert Patek (Antoine Norbert de Patek; 14 June 1812 – 1 March 1877) was a Polish pioneer in watchmaking and a creator of the Patek Philippe & Co., one of the most famous Swiss watchmaker companies.

List of most expensive watches sold at auction

most expensive watch ever sold at auctionmost expensive watches ever sold at auctionmost expensive watches ever sold at auctions
As of 2018, among the world's top ten most expensive watches ever sold at auctions, seven are Patek Philippe watches. 2523) holds 6 spots among the 58 world's most expensive watches sold at auction (over 2 million US dollars), with the highest record of 4.027 million US dollars (6,603,500 CHF) sold at Antiquorum's Geneva auction on April 13, 2002.
Among the top 10 of these watches, 7 are Patek Philippe watches and 3 are Rolex watches.

Universal Genève

In 1935, Patek Philippe was brought to American markets by New York-based Henri Stern Watch Agency, where it was sold as a sister brand alongside Universal Genève.
Along with neighboring Geneva companies Audemars Piguet, Girard-Perregaux, Patek Philippe and Rolex, Universal is internationally regarded for its style of craftsmanship and manufacture.

Geneva

Geneva, SwitzerlandGenèveGinevra
Along with his fellow Czech-born Polish partner Franciszek Czapek, Polish watchmaker Antoni Patek formed Patek, Czapek & Cie on May 1, 1839 in Geneva and started making pocket watches. The company maintains over 400 retail locations globally and over a dozen distribution centers across Asia, Europe, North America and Oceania, and in 2001 it opened the Patek Philippe Museum in Geneva.
Many watchmakers have been based in Geneva since their foundation, such as (Baume et Mercier, Charriol, Chopard, Franck Muller, Patek Philippe, Rolex, Universal Genève, Raymond Weil, Vacheron Constantin and Frédérique Constant).

Complication (horology)

complicationscomplicationcomplicated
Patek Philippe popularized complications such as perpetual calendar, split-seconds hand, chronograph, and minute repeater in mechanical watches. On November 11, 2014, the Henry Graves Supercomplication was sold at Sotheby's Geneva Auction for a record breaking US$23.98 million (CHF 23,237,000), becoming the most expensive watch ever sold at auction. The Supercomplication was made in 1933 for the prominent banker Henry Graves Jr.. The ultra-complicated pocket watch (having 24 complications) was the result of Graves' friendly horological competition with James Ward Packard. After Graves' death, the watch was held by his daughter and then by his grandson until 1969, when it was sold to Seth G. Atwood who kept the watch in his renowned "Time Museum" in Rockford, Illinois until 1999. The watch was auctioned for the first time at Sotheby's in December 1999 for a record-breaking US$11 million to Sheikh Saud Bin Mohammed Bin Ali Al-Thani of the Qatari royal family; Prince Sheikh Saud passed away on November 9, 2014. On November 28, 2012, the Patek Philippe Star Calibre 2000 Ref. 990/1 was sold at Christie's in Hong Kong for a final price of 3.28 million US dollars (HKD 25,300,000), becoming the most expensive timepiece ever auctioned in Asia. The timepiece has 21 complications, including Westminster Chimes, minute repeating, lunar orbit and so on, and was made in 2008.
Some watchmaking companies known for making ultra-complicated watches are Breguet, Patek Philippe, and Vacheron Constantin.

Patek Philippe Henry Graves Supercomplication

the most complicated watch ever made
In particular, Patek Philippe Henry Graves Supercomplication, the world's most complicated mechanical watch until 1989, currently holds the title of the most expensive watch ever sold at auction, reaching a final price of 24 million US dollars (23,237,000 CHF) in Geneva on November 11, 2014. On November 11, 2014, the Henry Graves Supercomplication was sold at Sotheby's Geneva Auction for a record breaking US$23.98 million (CHF 23,237,000), becoming the most expensive watch ever sold at auction. The Supercomplication was made in 1933 for the prominent banker Henry Graves Jr.. The ultra-complicated pocket watch (having 24 complications) was the result of Graves' friendly horological competition with James Ward Packard. After Graves' death, the watch was held by his daughter and then by his grandson until 1969, when it was sold to Seth G. Atwood who kept the watch in his renowned "Time Museum" in Rockford, Illinois until 1999. The watch was auctioned for the first time at Sotheby's in December 1999 for a record-breaking US$11 million to Sheikh Saud Bin Mohammed Bin Ali Al-Thani of the Qatari royal family; Prince Sheikh Saud passed away on November 9, 2014.
The 18-karat gold watch has 24 complications and was assembled by Patek Philippe.

Manufacture d'horlogerie

manufacturermanufacturewatch manufacturer
Patek Philippe SA is a Swiss luxury watch manufacturer founded in 1839, located in Canton of Geneva and the Vallée de Joux.
Patek Philippe & Co.

Automatic watch

automaticself-windingself-winding watch
Like other Swiss manufacturers, the company produces mostly mechanical movements with automatic or manual winding mechanism, but has also been producing quartz watches.
The "slipping mainspring" device was patented by Adrien Philippe, one of the founders of Patek Philippe, on 16 June 1863, long before self-winding wristwatches.

Czapek & Cie

Along with his fellow Czech-born Polish partner Franciszek Czapek, Polish watchmaker Antoni Patek formed Patek, Czapek & Cie on May 1, 1839 in Geneva and started making pocket watches.
After the dissolution, Patek established Patek Philippe & Co.

Omega Electroquartz

In fact, Patek Philippe was one of the twenty Swiss watch companies that collaboratively developed the first Swiss quartz movements, including the Beta 21 movement (1969) which was used by several manufacturers in their watches such as the Omega Electroquartz watches.
Numerous Swiss manufacturers released beta 21 watches, the first Rolex Oysterquartz model used the beta 21 movement, Patek Philippe also produce a range of beta 21 models as did the International Watch Company including it in their first Davinci watch.

Audemars Piguet

Audemars Piguet Renaud & Papi SA
Patek Philippe, along with 7 other manufacturers including Audemars Piguet, Breguet and Rolex, was given the lowest environmental rating as "Latecomers/Non-transparent", suggesting that the manufacturer has taken very few actions addressing the impact of its manufacturing activities on the environment and climate change. It was designed by Swiss watchmaker Gérald Genta, who previously designed the Royal Oak collection for Audemars Piguet, and was released during the quartz crisis by Patek Philippe in the hope that it would help re-attract attention from people to high-end Swiss mechanical watches.
Audemars Piguet, along with 7 other manufacturers including Patek Philippe, Breguet and Rolex, was given the lowest environmental rating as "Latecomers/Non-transparent", suggesting that the manufacturer has taken very few actions addressing the impact of its manufacturing activities on the environment and climate change.

Gyromax

In 1949, patented the Gyromax balance.
The Gyromax is the trade name for an adjustable mass (or adjustable inertia) balance wheel used in Patek Philippe wristwatches.

Gérald Genta

Genta
It was designed by Swiss watchmaker Gérald Genta, who previously designed the Royal Oak collection for Audemars Piguet, and was released during the quartz crisis by Patek Philippe in the hope that it would help re-attract attention from people to high-end Swiss mechanical watches.
These including IWC, Universal Genève, Patek Philippe and Audemars Piguet, among others.

Adrien Philippe

On the other hand, Patek was soon joined by French watchmaker Adrien Philippe, the inventor of the keyless winding mechanism, and continued the watchmaking business with a new company, Patek & Cie, starting from May 15, 1845.
Jean Adrien Philippe (16 April 1815, La Bazoche-Gouet, Eure-et-Loir – 5 January 1894) was a French horologist and cofounder of watchmaker Patek Philippe & Co. of Geneva, Switzerland.

Vallée de Joux

valley of Joux
Patek Philippe SA is a Swiss luxury watch manufacturer founded in 1839, located in Canton of Geneva and the Vallée de Joux.
The Vallée de Joux is, along with Neuchâtel, the birthplace of Swiss horology and it is still the home of the most famous Swiss watch factories, like Audemars Piguet, Blancpain, Breguet, Patek Philippe & Co., Vacheron Constantin, and Jaeger-LeCoultre.

Henry Graves (banker)

Henry GravesHenry Graves Jr.Henry Graves Jr
On November 11, 2014, the Henry Graves Supercomplication was sold at Sotheby's Geneva Auction for a record breaking US$23.98 million (CHF 23,237,000), becoming the most expensive watch ever sold at auction. The Supercomplication was made in 1933 for the prominent banker Henry Graves Jr.. The ultra-complicated pocket watch (having 24 complications) was the result of Graves' friendly horological competition with James Ward Packard. After Graves' death, the watch was held by his daughter and then by his grandson until 1969, when it was sold to Seth G. Atwood who kept the watch in his renowned "Time Museum" in Rockford, Illinois until 1999. The watch was auctioned for the first time at Sotheby's in December 1999 for a record-breaking US$11 million to Sheikh Saud Bin Mohammed Bin Ali Al-Thani of the Qatari royal family; Prince Sheikh Saud passed away on November 9, 2014.
An ardent watch collector, Graves was a patron of Patek Philippe, competing with James Ward Packard, the automobile manufacturer, for ownership of the most complicated watch in the world.

Rolex

TudorOyster DateRolex Australia
Patek Philippe, along with 7 other manufacturers including Audemars Piguet, Breguet and Rolex, was given the lowest environmental rating as "Latecomers/Non-transparent", suggesting that the manufacturer has taken very few actions addressing the impact of its manufacturing activities on the environment and climate change.
Rolex, along with 7 other manufacturers including Patek Philippe, Audemars Piguet and Breguet, was given the lowest environmental rating as "Latecomers/Non-transparent", suggesting that the manufacturer has taken very few actions addressing the impact of its manufacturing activities on the environment and climate change.

Double chronograph

Rattrapantesplit chronoSplit second hand
Patek Philippe popularized complications such as perpetual calendar, split-seconds hand, chronograph, and minute repeater in mechanical watches.
In 1923 Patek Philippe launched into the market its first double chronograph.

Pocket watch

pocketwatchfob watchwatch fob
Along with his fellow Czech-born Polish partner Franciszek Czapek, Polish watchmaker Antoni Patek formed Patek, Czapek & Cie on May 1, 1839 in Geneva and started making pocket watches.
Invented by Adrien Philippe in 1842 and commercialized by Patek Philippe & Co. in the 1850s, the stem-wind, stem-set movement did away with the watch key which was a necessity for the operation of any pocket watch up to that point.

Antiquorum

2523) holds 6 spots among the 58 world's most expensive watches sold at auction (over 2 million US dollars), with the highest record of 4.027 million US dollars (6,603,500 CHF) sold at Antiquorum's Geneva auction on April 13, 2002.
In 2002, Antiquorum set the all-time world record for a wristwatch at auction, selling a unique 1939 platinum Patek Philippe World Time Ref. 1415 for US$4,026,524 (SFr. 6,603,500) - more than double the previous world record.

Breguet (brand)

BreguetBreguet S. A.Breguet" company
Patek Philippe, along with 7 other manufacturers including Audemars Piguet, Breguet and Rolex, was given the lowest environmental rating as "Latecomers/Non-transparent", suggesting that the manufacturer has taken very few actions addressing the impact of its manufacturing activities on the environment and climate change.
Breguet, along with 7 other manufacturers including Patek Philippe, Audemars Piguet and Rolex, was given the lowest environmental rating as "Latecomers/Non-transparent", suggesting that the manufacturer has taken very few actions addressing the impact of its manufacturing activities on the environment and climate change.

Annual calendar

In 1996, patented annual calendar mechanism and introduced the first annual calendar model Ref. 5035.
In the world of watchmaking, the first annual calendar indicator introduced for a wristwatch was patented in 1996 by Patek Philippe.

Lever escapement

escapement wheellever watchSilicon escapement wheel
In 2003, launched the annual calendar Ref. 5250, being the world's first watch with silicon-based escapement wheel.
Ulysse Nardin in 2001, Patek Philippe in 2005, and Zenith (watchmaker) in 2013 introduced watches with silicon escape wheels.

Christie's

Christie’sChristie's Auction HouseChristie's New York
On November 28, 2012, the Patek Philippe Star Calibre 2000 Ref. 990/1 was sold at Christie's in Hong Kong for a final price of 3.28 million US dollars (HKD 25,300,000), becoming the most expensive timepiece ever auctioned in Asia. The timepiece has 21 complications, including Westminster Chimes, minute repeating, lunar orbit and so on, and was made in 2008.
On 11 November 2017, a Patek Philippe Titanium wristwatch Ref. 5208T-010 was sold for 6.226 million US dollars (CHF 6,200,000) in Geneva, making it one of the most expensive watches ever sold at auction.

Patek Philippe Calibre 89

In 1989, created the Calibre 89, the most complicated mechanical watch in the world (33 complications) until 2015.
Declared by Patek Philippe as "the most complicated watch in the world" at the time of creation, it has 33 complications, weighs 1.1 kg, exhibits 24 hands and has 1,728 components in total, including a thermometer, and a star chart.