Patek Philippe – To My Son
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Patek Philippe’s story
In 1839, Antoine Norbert de Patek and François Czapek founded Patek, Czapek & C° in Geneva. At the 1844 Universal Exhibition in Paris, Antoine Norbert de Patek met Jean Adrien Philippe, inventor in 1842 of a pocket watch with stem winding and hand-setting, and offered him the post of technical director as soon as Czapek’s contract ran out. In 1845, Patek Czapek & C° was dissolved, and Antoine Norbert de Patek, Jean Adrien Philippe and Vincent Gostowski founded, in Geneva, Patek & C°. In 1851, the three men changed the company’s name to Patek Philippe & C°.
1868 Creation of a key-wound watch with brass bracelet.
1887 The Calatrava Cross became the company’s registered logo.
1902 The Gondolo Chronometer name was registered.
1914-1930 Creation of grande complication and très grande complication watches, certain of which, with astronomical complications, were sold to James Ward Packard. These included the first two most complicated pieces by Patek Philippe: one, made in 1916, with 16 complications and another, made in 1927, with 10 complications.
1915 Creation of the first ladies’ wristwatch with five-minute repeater.
1925 Creation of the first ladies’ wristwatch with perpetual calendar (inspired by a pendant watch).
1933 Henry Graves Jr. purchased what was then the most complicated watch ever made by Patek Philippe. It was sold again in 1999 for $11 million.
1936 Creation of an astronomical wristwatch with perpetual calendar and retrograde date.
1940 Special order for a wristwatch with a pulsometric chronograph and world time.
1959 Creation of watches with second time zone.
1974 Creation of the Calatrava model.
1981 Launch of the Nautilus model.
1982 Creation of the Ellipse d’or model.
1989 The Calibre 89, the world’s most complicated pocket watch (33 complications), was unveiled to commemorate the company’s 150th anniversary.
1996 Launch of the self-winding wristwatch with annual date.
1997 Launch of the Aquanaut model.
2000 Launch of the Star Caliber 2000 (21 complications) to coincide with the third millennium.
2003 Unveiling of the 10 Day Tourbillon with COSC certification.
Duration : 0:10:6
25 comments Click to reply »
The market …
The market justifies prices…If no one bought the watches the price would fall. Simply supply and demand. You can guy a 5 million dollar boat or you can buy a 150 million dollar boat. When you have billions, does 100 million matter? No. To someone worth 50 million, the difference between a 25,000 dollar watch and a 5,000 dollar watch means nothing.
The free market is the greatest, the customer is in control.
Einstein couldn’t …
Einstein couldn’t tie his shoes, so the brand of watch he wore impresses me not.
hahahaha, sucker I …
hahahaha, sucker I bought mine for £20 online!
rolex hand made? …
rolex hand made? hahahah xD funny
Even the big three …
Even the big three PP AP and VC cannot justify their prices, they simply cannot explain them when asked, it’s just that they reached a point on which they became iconic, i mean we are talking about Patek!
Depends on where …
Depends on where you buy them. Bought one in Hong Kong only cost me 30 quid.
U buy a Patek u can …
U buy a Patek u can expect the price when u sell it to decrease very little. They hold their value
The Great Chess …
The Great Chess Master George Grasser bought a Longines evidenza for a fraction of the cost of a Patek.
Einstein wore a Longines.
Thank you. My …
Thank you. My cousin the stock broker has a Rolex. He paid $13,000.00 for it or something like that. I don´t think his watch was 18k gold though. I once had a 1929 Gruen Doctors Watch with the Rolex Prince movement. Sold it to a man in Texas in 2005 for $900.00.
“end up” with a …
“end up” with a Patek… quite a step up from a Rolex. Nice.
Thank you for …
Thank you for letting me know.
Patek Philippe will …
Patek Philippe will service and/or repair any piece they have manufactured, regardless of age. However, not all parts are still available. in particular crystals and dials for some of their earliest pieces, particularly enamel dials and some square or rectangular crystals.
My PP is pushing 60 …
My PP is pushing 60 and still works!
I´ve always wanted …
I´ve always wanted a Rolex, but ended up with a Patek.
Are you serious? …
Are you serious? What about Patek Philippe wristwatches manufactured in 1950?
I recently acquired …
I recently acquired a watch similar to the one in this video. It is a mens 18k gold 1950 Patek Philippe that has never been serviced! She still keeps perfect time 59 years later!
This was more than …
This was more than just a watch to this man, It was a gift from his Father. I know it’s just a story, but he did not buy this watch new. He sold a gift from his father and felt it was a mistake. Patek Philippe watches go for many dollars more than the man in the video paid for his watch.
You should of spent …
You should of spent it on an education. `
These watches DO …
These watches DO require maintenance ” lonsor” – usually every three years or so and when that time comes, only the factory is “authorized” to perform it………at a price in both time and money.
Does anyone here …
Does anyone here speak and write ENGLISH ???
also, the watch …
also, the watch doens’t requiere maintenance and tax payments
buying a house in ” …
buying a house in “tha” beach is as futile or selfish as buy an expensive watch…
how da yall …
how da yall gon spend dat monee
in a watch….get a cheap gooooood watch
and buy a house in tha beach
or help poor kidz
yall just selfish
rolex is not bad …
rolex is not bad anyway…
why dont u try constantin.
that is becuase ur …
that is becuase ur father`s watch is a quartz. quartz is cheap but keep the time very correctly!
Patek is not very correct for keeping time but has value to past it to next generation. and do not need to change battery.
there is no quartz over 10,000. but a entry level for a patek is more than 10,000.