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.
Key terms for Antique and Vintage Patek Philippe Wristwatches:
Chronograph: A watch that also records time intervals, like a stopwatch.
Cloisonné: A technique in which filaments of metal (often gold or copper) are soldered to a surface to create compartments that are then filled with ground enamel, fired, and polished.
Complication: A complicated watch is one that displays more than just hours, minutes, and seconds. Complications include an annual calendar and time zones. So-called "grand" complications include watches with moon phases, chronographs and split-seconds chronographs, and sky charts.
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The grand supercomplication returnsLivemint, July 30th
New Delhi: For 56 years, the Henry Graves Supercomplication pocket watch retained the title of the world's most complicated watch. The Patek Philippe masterpiece that was made in 1933 may set the record books on fire once again come November when it ...Read more
For Sale: The $17 Million Pocket WatchForbes, July 30th
What makes a watch the most valuable in the world? It's supercomplicated–literally. In 1925 banker Henry Graves Jr. (considered the greatest watch collector of the 20th century) commissioned Patek Philippe to create a unique gold pocket watch...Read more
Spy Chief Montesinos' Luxury Jewelry on the Auction BlockAndean Airmail & PERUVIAN TIMES, July 29th
The 152 items include dozens of sets of diamond and gold cufflinks, gold chains, and 39 gold watches, some of which were made specifically for Montesinos. The most luxurious pieces include Patek Philippe, Longines, Piaget and Rolex Cellini watches, and ...Read more
Do You Know the Absolute Best Watches on the Market Right Now? The Experts ...Huffington Post, July 29th
The Patek Philippe 5078R is a minute repeating wristwatch, made by Patek Philippe. That alone should be enough reason to make it conclusively one of the most heirloom-y watches you could possibly imagine, but now that the dust's settled -- vox populi...Read more
A Simpler Time for Men's WatchesWall Street Journal, July 25th
And certain popular dress watches are slightly tweaked versions of timepieces that were launched decades ago, like Patek Philippe's Calatrava ($37,300 in rose or white gold, $35,400 in yellow), based on a design from 1912, and Vacheron Constantin's ...Read more
Patek Philippe's magic numbersTelegraph.co.uk, July 14th
Patek Philippe watches come by numbers, save for the likes of the Star Calibre. The cognoscenti don't bother with names – even Patek is less than clear about quite which watch is a Calatrava and which isn't. It's the four-digit reference, quite often...Read more
Patek Philippe Supercomplication Pocket Watch Could Sell For Over $16 Million!GTspirit, July 13th
The following watch, the Patek Philippe Supercomplication is likely to break its own record as one of the world's most expensive watches when it goes up for sale in November. The watch was originally created by Patek Philippe specifically for...Read more
Bet on China? This luxury retailer says no hurryCNBC.com, July 10th
While global high-end brands are stepping up the battle for Asia's burgeoning luxury shoppers, Geneva-based watch manufacturer Patek Philippe prefers to keep things slow. "We don't want to put all our eggs in the same basket so we are very careful not...Read more