Description
Patek Philippe SA (French: [pəˈtɛk fəˈlip]) is a Swiss luxury watch and clock manufacturer, located in the Canton of Geneva and the Vallée de Joux.[3] Established in 1839, it is named after two of its founders, Antoni Patek and Adrien Philippe. Since 1932, the company has been owned by the Stern family in Switzerland[4] and remains the last family-owned independent watch manufacturer in Geneva.[5] Patek Philippe is one of the oldest watch manufacturers in the world with an uninterrupted watchmaking history since its founding.[6][7][8] It designs and manufactures timepieces as well as movements, including some of the most complicated mechanical watches. The company maintains over 400 retail locations globally and over a dozen distribution centers across Asia, Europe, North America, and Oceania. In 2001, it opened the Patek Philippe Museum in Geneva.[9][10][11]
Patek Philippe is widely considered to be one of the most prestigious watch manufacturers in the world.[12][13][14][15] As of July 2023, among the world’s top ten most expensive watches ever sold at auctions, nine are Patek Philippe watches. In particular, Patek Philippe Grandmaster Chime Ref. 6300A-010 currently holds the title of the most expensive watch (and wristwatch) ever sold at auction (US$31.19 million/31 million CHF), while Patek Philippe Henry Graves Supercomplication, the world’s most complicated mechanical watch until 1989,[16] currently holds the title of the most expensive pocket watch ever sold at auction (US$24 million/23,237,000 CHF).[17]
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