Patek Philippe

When it comes to craftsmanship of a watch case, and especially of a watch movement, Patek Philippe breaks to the top. They receive particularly high scores and praise from a significant group: the watchmakers themselves.

In the world of high horology, a complication is a good thing. And, Patek Philippe is expert at producing such good things.

Many of their mechanical movements are built to go far beyond telling time. This manufacturer has the skill sets that can produce:

• Perpetual calendars
• Minute repeaters
• World timers and handcrafted plates
• Bridges and parts that are surpassed by none

Patek Philippe produces some of the most coveted and high-end timepieces in the world, fetching millions of dollars for some of their rarer models. This prestigious watch brand with a history of innovative designs, has long been favored by royalty.

‘You never actually own a Patek Philippe. You merely look after it for the next generation’ is not only an award-winning campaign it is also a truism of the brand. They are generational and every year forward in time serves to prove just how special they are.

The powerhouse auction houses of the world feature historical and vintage timepieces from the Patek Philippe annually. They draw the same, if not greater success as they would from the works of art from Picasso or Rembrandt.

• Key models: Nautilus, Calatrava, Aquanaut, Gondolo, Twenty-4 and all Grand Complications
• Price range: $15,000 – $300,000
• Approximate average price: $40,000
• Approximate annual production: 58,000
• Ownership: Independent and owned by the Stern Family
• Patek fun fact: In 2021, new stainless steel Nautilus models that retail for $34,890 consistently sell in the secondary market for over $100,000. A 2021 version with an olive green dial just sold at auction for $363,600.