Patek Philippe: A family business

Patek Philippe, watch manufacture, Geneva

Dedicated to tradition

Patek Philippe is today's most significant independent watchmaker from Geneva, Switzerland.
In 1839, Antoni Patek and Francois Czapek founded Patek, Czapek & Cie in Geneva. In 1851, Adrien Philippe, who had previously worked on new watchmaking techniques, was made an official partner in the company. It was bought by Charles and Jean Stern in 1932 and remains a family business. Today, Patek Philippe still stands for high quality and remains true to its enduring values of tradition, innovation, rarity, beauty, quality and fine workmanship. To celebrate its 150th anniversary, Patek Phillipe created the most complicated pocket watch in existence, consisting of around 1800 individual parts.
Since its inception, Patek Philippe produces both simple and complicated timekeepers on an annual basis which demonstrate the incredible craftsmanship of its watchmakers. The brand is one of the top three watchmakers in the world and is known in investor circles as a good alternative investment.

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Patek Philippe watches in the shop

Masterpieces of watchmaking

Important Patek Philippe Men’s Watch, Switzerland, 1953-60

The Patek Philippe Ref. 2499

Introduced in 1951, the Patek Philippe 2499 thoroughly merits its status as one of the most significant watches ever made. The 2499 is the direct successor to the famous 1518, which was the world's first wristwatch to combine a perpetual calendar with a chronograph in serial production. The complexity of the perpetual calendar is rooted in the innovative manufacturer's history.Over the last ten years, only seven 2499 watches from the second series have gone under the hammer at major auction houses. Around three to five further watches have been sold through other channels.

The company, which was founded by Polish Adligen Antoine Norbert Graf de Patek and watchmaker François Czapek in 1839, built the very first perpetual calendar in 1925. All of the above reasons make the Patek Philippe 2499 a collector's watch of the highest quality, a unique piece, and a game-changer for the watchmaking industry.

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Patek Philippe Ref. 5016 P Tourbillon with Minute Repeater, 2004

The Patek Philippe Minute Repeater 5016P

This Patek Philippe Minute Repeater 5016P with exquisite platinum casing, tourbillon, perpetual calendar and a retrograde date hand represents one of the most complicated and sought-after Patek Philippe watches in existence. Between 1993 and 2011, merely around 200 of these exclusive timepieces were ever produced, all exclusively to order.

At the time, there were only a handful of watches that could boast such a wide array of functions. The Patek Philippe Minute Repeater 5016P going under the hammer at Auctionata will be the first model of its kind to be auction in Germany. Without question, this timepiece represents one of the most complicated, finest and sought-after wristwatches by the manufacturer Patek Philippe.

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Top results for Patek Philippe watches at Auctionta

Patek Philippe Split Second Chronograph, Ref. 5004 R, 2002

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Starting price € 100,000.00
Sold for (incl. buyer’s premium) € 198,080.00

Important Patek Philippe Men’s Watch, Switzerland, 1953-60

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Starting price € 180,000.00
Sold for (incl. buyer’s premium) € 456,000.00

Patek Philippe Perpetual Calendar, Ref. 3450, Around 1985

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Starting price € 70,000.00
Sold for (incl. buyer’s premium) € 173,320.00