Patek Philippe is one of the most prestigious, traditional Genevan watchmaking brands in the world. Their most famous slogan says much about the company’s philosophy: “You never actually own a Patek Philippe. You merely look after it for the next generation.”
If you would like to invest in one of Patek Phillip’s masterpieces, or if you’d like to have your watch serviced by expert watchmakers, you’ve come to the right place.
When Was Patek Philippe Founded?
The company was founded in 1839. It was originally founded under the name Patek, Czapek & Cie by Antoine Norbert de Patek and François Czapek.
Adrien Philippe joins Patek and Antoine in 1845. Finally, in 1851, the company name becomes Patek, Philippe & Cie – Fabricants à Genève.
Where are Patek Philippe Watches Made?
Patek Philippe watches are made in Geneva, Switzerland. The manufacturer also has flagship stores, so-called ‘salons’, in London, Paris, and Geneva.
The company has a truly independent manufacturing process. Research and development are done in-house. Engineers create all movements, which include all external components. Besides this, all parts of the movements and watch cases are finished and assembled. The company overlooks the first sketch to the final assembly.
Who Owns Patek Philippe?
The Stern family owns Patek Philippe since 1932. Thierry Stern is the current president of the company while Claude Peny functions as the Chief Executive Officer.
The company is named after two founding fathers, Antoni Patek and Adrien Philippe. As mentioned earlier, remains the last family-owned independent watch manufacturer in Geneva. It is also an active member of the Federation of the Swiss Watch Industry FH.
How Much Is a Patek Philippe Watch?
Patek Philippe is a top-tier watch manufacturer. Hence, retail prices for Patek Philippe watches on the low-end cost about $20,000, and on the high-end several hundreds of thousands of dollars. Vintage models sell for much more, ranging from several hundreds of thousands to tens of millions of dollars. Important factors are the condition of the watch and if it includes the original box accompanied by its papers. Lastly, the materials used, the movements, and the complications you find inside can influence the price.
“How Much Is My Patek Philippe Worth?”
Are you ready to part with your prized possession? Have your Patek Philippe inspected and appraised by watch experts. You can securely send or drop off your wristwatch at our store in the old town of Nicosia, Cyprus. In-house luxury watch experts will assess your watch and offer you a competitive and accurate valuation. Fill out our ‘sell your watch’ form and we will get in touch with you within 24 hours.
We Buy Patek Philippe Watches
You can get a valuation relatively quickly by going to our sell your watch page. After you fill out a complete valuation request form we will get in touch with you within 24 hours.
We Sell Patek Philippe Watches
We can help you find the model you are looking for. Please check out our online shop to see our current offers or get in touch with your specific request.
We Repair and Service Patek Philippe Watches
Our repair and service procedure is designed for all Patek Philippe watches. Naturally, the servicing of your watch complies with the original functional and aesthetic specifications.
