Who owns Patek Philippe?
Thierry Stern is both the owner and director of Patek Philippe, one of Switzerland’s four leading independent watch brands. In an interview he explains why the prestigious Geneva-based company produces almost all its timepieces in-house, while delegating sales to outside partners. With each new year, Patek Philippe’s memorable collections continue to grow. The brand is known to produce roughly 60,000 watches every single year, only adding to how rare and desirable these watches are.Patek philippe operates only three exclusive salons worldwide—in geneva, london, and paris. Outside of these salons, you can purchase a new patek philippe watch only from one of the 78 authorized dealers (ads) in the united states.Both brands represent exceptional quality in the luxury watch market. Patek Philippe wins for traditional craftsmanship and exclusivity, while Rolex excels in innovation, reliability, and accessibility. The “better” choice depends on your personal priorities, lifestyle, and budget.The chances of being able to buy a watch from Patek Philippe is the same as trying to walk in and buy a brand new Rolex Daytona… Slim to none. This is because most of the collections from the brand have an extensive waitlist that stem from under a year to around 8 years at the time of writing.
Can you insure a Patek Philippe watch?
A Patek Philippe watch insurance policy ensures you are protected from theft, loss, damage, and mysterious disappearance. If any of these events happen, your insurance company will repair or fully replace your timepiece at no out-of-pocket cost to you. As an authorized Patek Philippe retailer, this store provides a privileged opportunity to explore our collections and benefit from expert guidance on the purchase and care of your timepiece.
How much does Philippe Patek cost?
The cost of a new entry-level Patek Philippe watch typically begins at approximately US$20,000 to US$25,000, while more intricate and exclusive models may exceed US$1 million in price. The absolute floor price for a Patek Philippe is typically found in the vintage quartz-powered ladies’ collection, which can be acquired on the secondary market for as low as $12,000 to $15,000. For a men’s mechanical watch, the floor is around $18,000 for specific vintage Calatrava models.The cost of a new entry-level Patek Philippe watch typically begins at approximately US$20,000 to US$25,000, while more intricate and exclusive models may exceed US$1 million in price.The brand is recognized for choosing only the most precious and high-quality materials for their timepieces, from the outer casings and dials to the tiniest parts of the mechanism. This strict policy on material choice plays a major role in the high cost of patek philippe watches.Patek Philippe Nautilus The dial’s horizontal embossed pattern should be crisp and uniform. Pay close attention to the quality of the applied hour markers and the precise execution of the date window. Counterfeit Nautilus watches often struggle to replicate the complex case shape and bracelet integration.