The Swiss company that became Patek Philippe was founded in 1839. One of the company’s two founding partners, Antoine Norbert de Patek, met French watch maker Adrien Philippe in 1844 during a presentation of Philippe’s pioneering stem-winding system. In 1845, Patek’s partner decided to strike out on his own and in 1851, Patek Philippe & Cie was born.
From the beginning, Patek Philippe made some of the most complicated — and beautiful — watches ever produced. Fastidious records have been kept on every watch the company has made, so that modern-day collectors can request the repair history of any antique or vintage Patek Philippe watch before making a purchase.
Significantly, the company’s first wristwatch was also Switzerland’s first wristwatch. It was made in 1868 and sold to the Countess Koscowicz of Hungary in 1876. Ornate and clunky by contemporary standards, it was wound with a key and resembled a triptych, with the watch framed by two diamond-and-gold encrusted panels on either side. Patek Philippe has been a luxury brand ever since.
By the end of the 19th century, the technical quality of Patek Philippe watches began to be codified. In 1886, the micromechanical engineering and hand finishing of the firm’s wristwatch movements were awarded the prestigious Geneva Seal. Numerous patents followed, including one for a "split-seconds chronograph" in 1902.
Patek Philippe’s first complicated ladies’ wristwatch appeared in 1916. It had a five-minute repeater. In 1922-23, Patek Philippe created the first split-seconds chronograph wristwatch and in 1925 it introduced its first wristwatch with a perpetual calendar.
The 1920s was a vibrant decade for Patek Philippe. Some of its most sought-after antique watches are from this period, including the Officer Gondolo wristwatch from 1920, a perpetual-calendar wristwatch with moon phases in 1925, a repeater in 1926, and a square version of the handsome Gondolo in 1928.
Despite the Great Depression and new owners in 1932, innovation continued through the 1930s. The rectangular Reverso, whose face could be reversed as its name suggests, was produced in 1932, but it took more than a decade for the curiosity to find a buyer. The extra-large, "Staybrite" steel Doctor’s wristwatch arrived in 1937. As for the Calatrava, which is today considered one of the company’s flagship lines, it began in 1932, with new Calatravas added throughout the decade...
In 1941, Patek Philippe began regular production of its perpetual-calendar wristwatches — today these vintage Patek Philippes are highly prized by collectors. By the middle of the decade, a wristwatch named for Duke Ellington appeared. Edward Kennedy Ellington himself purchased one in 1948, though why the legendary jazzman needed a water-resistant wristwatch with a split-second chronograph and a tachometer can only be imagined.
Patek Philippe filed numerous patents for self-winding mechanisms in the mid-1950s (a self-winder from 1955 with a black enamel dial and labeled "Ref. 2526" is especially handsome). Patents were also filed in 1959 and 1962 for time-zone watches. The end of the 1950s saw the introduction of a prototype for a digital wristwatch; the late 1960s heralded the launch of the first model in the popular Ellipse collection ("Ref. 3548").
Concurrently, from the late 1940s until about 1960, Patek Philippe produced a number of wristwatches with cloisonné dials to take advantage of the abundance of enamel painters who were working in Geneva at that time. Subjects included maps (Geneva and its lake, the world, the Americas, Eurasia), sports figures (a tennis player, a polo player), and odes to nature (a rain forest, palm trees).
Another popular Patek Philippe series are the vintage, asymmetrical wristwatches of the 1950s and 1960s. Designed by Gilbert Albert, these post-war timepieces are distinctly Swiss riffs on the Mid-century Modern aesthetic of the day.
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The best watches of 2016 (Part 1)EsquireMe, February 7th
These discreet touches ensure the watch remains subtle in a way that Lange does so well. This was by far my favourite high-end piece from SIHH, with Lange setting a new benchmark. Now let's wait and see what Patek Philippe drops on the table at ...Read more
Two extremes – how the rich and poor spend their Chinese New YearEconoTimes, February 5th
Many Chinese consumers consider foreign products to be of superior quality and better designed than their domestic competitors – Hermès handbags, Burberry trench coats and Patek Philippe watches are often top of Chinese tourists' shopping lists. In...Read more
Rare 1957 Ferrari sold for over €32mFinancial Times, February 5th
Like a Picasso painting or a Patek Philippe watch, Ferraris are the most sought after classic cars. “It's got the right name on the nose,” said James Knight, director of the motoring department at Bonhams. Affection for the Ferrari brand was underlined...Read more
How to Spend Up to $10000 on a WatchBloomberg, February 3rd
You're almost certainly going to be buying a watch made of steel, your choice of complications is going to be more limited (sorry, no perpetual calendar), and you'll be steering clear of Patek Philippe and Audemars Piguet altogether. But that doesn't...Read more
Auction features Madoff jewelry and watchesUSA TODAY, February 2nd
Six items — a diamond tennis bracelet, gold money clip, antique necklace and brooch and two Patek Philippe watches — will be offered online at www.txauction.com for bidding and sales through Feb. 16, the U.S. Marshal Service said Tuesday. The items ...Read more
The Vintage Watch that Inspired Vacheron Constantin's Latest CreationBloomberg, February 2nd
The idea was to create a bold sport watch that reflected the fashion of the late '70s, and the ref. 222 is exactly that. Many people wrongly believe that the 222 was designed by Gerald Genta, the famous creator of the Audemars Piguet Royal Oak, Patek...Read more
This Month in Luxury: Apple Watch beats RolexThe Verge, January 31st
This means Apple still has a way to go before it can truly topple legendary luxury watchmakers like Rolex and Patek Philippe. But Apple's name in the luxury world is growing fast and showing no signs of slowing down. So if you're a watchmaker reading...Read more
'My highlight of 2015' — a Patek Philippe pocket watchChristie's, December 7th
The growing interest in watches at auction suggests timepieces are being considered miniature works of art, sought after for their technical and aesthetic beauty as much as for their investment value. No watches better exemplify this notion than Patek ...Read more