The truth is that we are looking at a company with a long list of patents, thanks to its continuous commitment to innovation and excellence within luxury watchmaking, as shown by some of its most significant milestones and historic advances, such as the perpetual calendar, chronograph, minute repeater on watches or first sapphire watches.
Today, the company is in the hands of the Stern family. Their watches, pieces and collections are symbols of high purchasing power, sophistication and technical virtuosity, being one of the most expensive manufacturers in the world and the mirror to look into for all watchmakers and lovers of luxury watchmaking.
Apart from its usual collections and more representative ones such as the “Grand Complications” series or the historic “Calatrava”series, among others, the company also designs personalised watches for specific customers, which turns these watches into exclusive and unique pieces, within the reach of a chosen few.
It is important to consider that Patek Philippe watches have been sold for stratospheric figures, such as the one purchased by millionaire Henry Graves in 2008, at an auction in Hong Kong, the 5002P Sky Moon Tourbillon model, for almost twelve million dollars.
As its President, Thierry Stern, rightly says: “The essential value of any company is passion”.
And this is what Patek Philippe conveys in each one of its watches.