Patek Philippe
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Patek Philippe
Patek Philippe SA is a Swiss luxury watch and clock manufacturer, located in the Canton of Geneva and the Vallée de Joux. Established in 1839, it is named after two of its founders, Antoni Patek and Adrien Philippe. Since 1932, the company has been owned by the Stern family in Switzerland and remains the last family-owned independent watch manufacturer in Geneva. Patek Philippe is one of the oldest watch manufacturers in the world with an uninterrupted watchmaking history since its founding. It designs and manufactures timepieces as well as movements, including some of the most complicated mechanical watches. The company maintains over 400 retail locations globally and over a dozen distribution centers across Asia, Europe, North America, and Oceania. In 2001, it opened the Patek Philippe Museum in Geneva. Patek Philippe is widely considered to be one of the most prestigious watch manufacturers in the world. As of December 2020, among the world's top ten most expensive watches ...
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Adrien Philippe
Jean Adrien Philippe (April 16, 1815, La Bazoche-Gouet, Eure-et-Loir – January 5, 1894) was a French horologist and cofounder of watchmaker Patek Philippe & Co. of Geneva, Switzerland. In 1842, Adrien Philippe invented a mechanism for watches which allowed them to be wound and set by means of a crown rather than a key. His patented invention earned him a Bronze Medal at the French Industrial Exposition of 1844 (World's Fair). At the Exhibition, Adrien Philippe first met Antoni Patek Antoni Norbert Patek (french: link=no, Antoine Norbert de Patek; 14 June 1812 – 1 March 1877) was a Polish pioneer in watchmaking and the creator of the Patek Philippe & Co., one of Swiss watchmaker companies, and Polish independence fighter and ... and a year later became head watchmaker at Patek & Co. in Geneva under an agreement that entitled him to one third of all company profits. Adrien Philippe proved to be very capable at his craft and a product innovator whose value to the firm was suc ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Asia
Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an area of , about 30% of Earth's total land area and 8.7% of Earth's total surface area. The continent, which has long been home to the majority of the human population, was the site of many of the first civilizations. Its 4.7 billion people constitute roughly 60% of the world's population. In general terms, Asia is bounded on the east by the Pacific Ocean, on the south by the Indian Ocean, and on the north by the Arctic Ocean. The border of Asia with Europe is a historical and cultural construct, as there is no clear physical and geographical separation between them. It is somewhat arbitrary and has moved since its first conception in classical antiquity. The division of Eurasia into two continents reflects East–West cultural, linguistic, ...
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Czapek & Cie
Czapek & Cie. is a manufacturer of fine Swiss watches founded in 1845 in Geneva.Tellier, Arnaud, & Didier Chaponnière, Mélanie, ''Timepieces for Royalty'', 1850–1910, by ''Patek Philippe'', Geneva, Patek Philippe Museum, 2005 (192 pp.) It is most noted for its bespoke timepieces manufactured for the European nobility in the 19th century. Company Founder Franciszek Czapek was a Czech-born, Polish master watchmaker who arrived in Geneva, Switzerland in May 1832. Soon after, he gallicised his name, thus becoming ''François'' Czapek. In 1834 he created the firm Czapek & Moreau with local Swiss watchmaker Moreau, from Versoix. François Czapek married (October 22, 1836) Marie, the daughter of clock and watchmaker Jonas Pierre François Gevril de Carouge (1777–1854). Czapek was the author of the first book on watchmaking ever published in the Polish language "''Remarks on the watchmaking for the use of the watchmakers and the public"'' (''Słów kilka o Zegarmistrzowstwie ku ...
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Liquidated
Liquidation is the process in accounting by which a company is brought to an end in Canada, United Kingdom, United States, Ireland, Australia, New Zealand, Italy, and many other countries. The assets and property of the company are redistributed. Liquidation is also sometimes referred to as winding-up or dissolution, although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when customs, an authority or agency in a country responsible for collecting and safeguarding customs duties, determines the final computation or ascertainment of the duties or drawback accruing on an entry. Liquidation may either be compulsory (sometimes referred to as a ''creditors' liquidation'' or ''receivership'' following bankruptcy, which may result in the court creating a "liquidation trust") or voluntary (sometimes referred to as a ''shareholders' liquidation'', although some voluntary liquidations are controlled by the creditors). The term " ...
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Czech Republic
The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The Czech Republic has a hilly landscape that covers an area of with a mostly temperate continental and oceanic climate. The capital and largest city is Prague; other major cities and urban areas include Brno, Ostrava, Plzeň and Liberec. The Duchy of Bohemia was founded in the late 9th century under Great Moravia. It was formally recognized as an Imperial State of the Holy Roman Empire in 1002 and became a kingdom in 1198. Following the Battle of Mohács in 1526, the whole Crown of Bohemia was gradually integrated into the Habsburg monarchy. The Protestant Bohemian Revolt led to the Thirty Years' War. After the Battle of White Mountain, the Habsburgs consolidated their rule. With the dissolution of the Holy Empire in 1806, the Cro ...
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Poland
Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populous member state of the European Union. Warsaw is the nation's capital and largest metropolis. Other major cities include Kraków, Wrocław, Łódź, Poznań, Gdańsk, and Szczecin. Poland has a temperate transitional climate and its territory traverses the Central European Plain, extending from Baltic Sea in the north to Sudeten and Carpathian Mountains in the south. The longest Polish river is the Vistula, and Poland's highest point is Mount Rysy, situated in the Tatra mountain range of the Carpathians. The country is bordered by Lithuania and Russia to the northeast, Belarus and Ukraine to the east, Slovakia and the Czech Republic to the south, and Germany to the west. It also shares maritime boundaries with Denmark and Sweden. ...
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Pocket Watch
A pocket watch (or pocketwatch) is a watch that is made to be carried in a pocket, as opposed to a watch, wristwatch, which is strapped to the wrist. They were the most common type of watch from their development in the 16th century until wristwatches became popular after World War I during which a transitional design, trench watches, were used by the military. Pocket watches generally have an attached chain to allow them to be secured to a waistcoat, lapel, or belt (clothing), belt loop, and to prevent them from being dropped. Watches were also mounted on a short leather strap or fob, when a long chain would have been cumbersome or likely to catch on things. This fob could also provide a protective flap over their face and crystal. Women's watches were normally of this form, with a watch fob that was more decorative than protective. Chains were frequently decorated with a silver or Vitreous enamel, enamel pendant, often carrying the arms of some Club (organization), club or s ...
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Patek Philippe Henry Graves Supercomplication
The Patek Philippe Henry Graves Supercomplication (no. 198.385) is one of the most complicated mechanical pocket watches ever created. The 18-karat gold watch has 24 complications and was assembled by Patek Philippe. It was named after banker Henry Graves Jr. who supposedly commissioned it out of his desire to outdo the Grande Complication pocketwatch of American automaker James Ward Packard. The two were both at the top of the watch collecting world, regularly commissioning innovative new timepieces. History Patek Philippe produced its first grand complication pocket watch in 1898 (no. 97.912); it had previously been believed the firm's first grand complication had been produced in 1910, and the second was delivered to Packard in 1916. The rivalry between Packard and Graves, who both commissioned timepieces from Patek Philippe, included two singular grand complication watches for Packard, one delivered in 1916 with sixteen complications (''foudroyante'', no. 174.129), and anoth ...
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Swiss Franc
The Swiss franc is the currency and legal tender of Switzerland and Liechtenstein. It is also legal tender in the Italian exclave of Campione d'Italia which is surrounded by Swiss territory. The Swiss National Bank (SNB) issues banknotes and the federal mint Swissmint issues coins. In its polyglot environment, it is often simply referred as german: Franken, french: franc, it, franco and rm, franc. It is also designated through signes: ''Fr'' Some fonts render the currency sign character "₣" (unicodebr>U+20A3 as ligatured Fr, following the German language convention for the Swiss Franc. However, most fonts render the character as F with a strikethrough on the lower left, which is the unofficial sign of French Franc. (in German language), ''fr.'' (in French, Italian, Romansh languages), as well as in any other language, or internationally as ''CHF'' which stands for ''.'' This acronym also serves as eponymous ISO 4217 code of the currency, CHF being used by banks and financial ...
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List Of Most Expensive Watches Sold At Auction
This list of most expensive watches sold at auction documents the watches sold at auction worldwide for ''at least'' 9.5 million US dollars. The final price listed is the total price paid by the buyer converted to US dollars, according to the currency exchange rate at the time of auction. This price is the aggregate of the hammer price (i.e., the winning bid or sale price at the auction) plus any buyer's premium paid to the auction houses (where levied, and in accordance with the rates charged by the relevant auction house). While the rates of buyer's vary between auction houses (which rates can also vary within each auction house based on the nature of the lot and its value), most auction houses publish their results inclusive of the buyer's premium, and so the rankings which follow are based on the aggregated price paid by the buyer: for the watch itself (the hammer or sale price) and for the auction house's services and administrative costs (the buyer's premium). Inflation-adjust ...
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