15 Facts About Patek Philippe

1.

Patek Philippe SA is a Swiss luxury watch and clock manufacturer, located in the Canton of Geneva and the Vallee de Joux.

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2.

Patek Philippe is one of the oldest watch manufacturers in the world with an uninterrupted watchmaking history since its founding.

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3.

Patek Philippe maintains over 400 retail locations globally and over a dozen distribution centers across Asia, Europe, North America, and Oceania.

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4.

Patek Philippe is widely considered to be one of the most prestigious watch manufacturers in the world.

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5.

In March 1877, Antoni Patek Philippe died at the age of 65, but his only son, Leon Mecyslas Vincent, did not join the business.

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6.

In 1891, the 76-year-old Adrien Patek Philippe handed over his position in the business to his youngest son Joseph Emile Patek Philippe, together with Francois Antoine Conty.

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7.

Still being run a family business, Patek Philippe then had seven shareholders, five of whom formed the board of directors with J A Benassy-Philippe being the chairman.

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8.

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 Geneve.

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9.

Patek Philippe initiated the publication of the twice-a-year Patek Philippe Magazine in 1996, which is reserved for the watch owners and has received contributions from various prominent writers including Nobel Laureates Gao Xingjian and Jose Saramago.

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10.

Since 2000s, Patek Philippe timepieces have repeatedly fetched high prices in auctions worldwide.

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11.

Patek Philippe was one of the twenty Swiss watch companies that founded the Centre Electronique Horloger and collaboratively developed the first Swiss quartz movements, such as the Beta 21 movement which was used by several manufacturers in their watches.

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12.

Patek Philippe popularized complications such as perpetual calendar, split-seconds hand, chronograph, and minute repeater in mechanical watches.

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13.

Patek Philippe has invented over 20 basic calibres and has received over 100 patents.

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14.

In 1976, Patek Philippe introduced the Nautilus collection after deciding it was time to produce an exclusive sport watch with finishes of the highest quality.

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15.

In 1989, Patek Philippe created Calibre 89, then the most complicated mechanical watch ever made, for its 150th anniversary.

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