Patek Philippe & Co.
(PP) is a Swiss luxury watch manufacturer
located in Geneva
and the Vallée de Joux
Polish watchmaker Antoni Patek
started making pocket watches
in 1839 in Geneva
, along with his fellow Polish
migrant Franciszek Czapek
. They separated in 1844, and in 1845 Patek joined with the French watchmaker Adrien Philippe
, inventor of the keyless winding mechanism. Patek Philippe & Co was founded in 1851.
Patek Philippe made their first wrist-watch
in 1868. They pioneered the perpetual calendar
, split-seconds hand
, and minute repeater
Like other Swiss manufacturers, the company produces mostly mechanical movements of the automatic and manual wind variety, but has produced quartz watches
in the past, and a digital wrist watch, the Ref. 3414. PP is notable for manufacturing its own watch components.
Patek Philippe timepieces have recorded high prices in auctions worldwide. A large part of the demand for auction pieces is driven by Patek Philippe themselves, as they are often purchasing in the auction market to add to the collection of the Patek Philippe Museum in Geneva.
As of the late 2000s, the company is owned by the Stern family, led by Philippe Stern and his son Thierry Stern.
Patek Philippe produced an ultra-complicated
(with 24 functions) pocket-watch for Henry Graves, Jr.
, who entered into a friendly horological competition with James Ward Packard
, which resulted in the production of the... Read More