15 Things You Didn't Know About PATEK PHILIPPE

fifteen things you didn't know about protects you leads welcomes you a lot calm the place where future billionaires come to get inspired welcome to the LX channel and thank you for joining us for another fascinating fact-filled video the LX back catalog is filled with videos that strive to show our viewers back stories and anecdotes about all the luxury things that make life worth living it is said by many that one of the true signs of luxury living is being a part of the luxury designer watch community and our video today is all about one of the biggest players in the timepiece game patek philippe founded in 1851 the tech Phillips & Co is a Swiss luxury watch manufacturer located in the valley tissue engine Eva with a particular focus on complicated mechanical inner workings and a commitment to hand making every single part the brand has come to be regarded as one of the very best in the world when it comes to watch making a brand new patek philippe watch will cost you tens of thousands of dollars with a rarer more vintage items fetching four to five times that at auction houses across the world if you want to make a statement with your choice of luxury accessories then you really can't go wrong with a stunningly intricate patek philippe creation let's delve into the world of luxury watches with 15 things you didn't know about the tech solely number one patek philippe watches are incredibly rare since beginning to manufacture in 1839 it is said that fewer than 1 million Patek Phillipe watches have been produced to put this figure into perspective that's less than some of the other high-end watch manufacturers make every single year the Patek production process is so incredibly intricate that it often takes up to nine months to make even the most basic watch in its collection with the most intricate designs taking up to two years to complete number two there is an application process for buying one unlike other luxury watch brands like Rolex or Cartier you cannot simply order a patek philippe watch whenever you feel like owning the company takes their work so seriously that the prospective buyers are required to submit an application form to demonstrate that you are of a suitably high social caliber to deserve a protect watch of course you can always attend an option house and bid on a patek watch but this will cost you significantly more money than a brand-new sale number three every single part is hand-finished you might be wondering why the manufacture process for patek philippe watches is so much longer than other brands it's because every single individual part of the timepiece is hand-finished by an expertly trained employee with an unrivaled dial faceted buttons and hand polished hands and an absolutely flawless presentation in every sense of the word the care and attention that goes into producing a Patek wristwatch is completely unrivaled these small painstaking touches really add up to a sense of something special being in your possession number four it takes over 1,000 people to make a single watch believe it or not it actually takes a total of 1035 employees to make a Patek Phillipe swatch from start to finish this number is the sum of experts that design the mechanisms of the wash workers who sculpt and hand finish each individual component and all of the other factory and corporation workers whose hours go toward the pristine completion of just one wristwatch or pocket watch as luxury brands go we can't think of another product that demands such an intensive and large number of dedicated employees than a patek philippe watch number five a Patek Phillipe pocket watch once sold at auction for twenty four million dollars on November 11th 2014 at a much-anticipated softies event in Geneva Switzerland the iconic Patek Phillipe super complication pocket watch was put on sale the world's media gathered in anticipation of a huge story and they sure received one by the time the final hammer fell the bidding for the famous timepiece had reached an unbelievable twenty four million dollars this instantly became the highest figure that anybody had ever paid for a timepiece including both wristwatches and pocket watches so who would be so bold as to pay nearly 25 million dollars for a watch Bill Gates perhaps Donald Trump it looks like we will never know as the winning bid on that day came from an anonymous and to be number six the tax belief keep detailed archives of all of their creations one of the touches that sets patek philippe apart from the rest in terms of luxury and quality brand is the fact that keep an extensive archive of records for every single watch they have ever produced in the patek philippe archive you can discover a searchable extract for every watch made since 1839 each extract gives an insight into the history of the watch and though it does not include the names of previous owners for privacy reasons it is widely known that nearly all heads of state and major celebrities over the decades have owned a Patek Phillipe if you are ever lucky enough to get your hands on one you can be assured that you are sharing history with some iconic figures number seven they have had plenty of famous customers over the years it is no surprise that the amazing quality and status of Patek Phillipe has attracted numerous high-profile customers over the years past famous owners of Sutekh timepieces include the legs of Pope Pius the nine Christie on the 9th of Denmark victor emmanuel ii of italy and queen victoria in terms of more modern Patek Phillipe and the luxury watches have also been spotted on the wrist of Paul McCartney Ringo Starr John Mayer Brad Pitt's and even the Dalai Lama who received his watch as a gift from the late President John F Kennedy number 8 they promote the Patek Phillipe DNA when it comes to producing the best quality timepieces imaginable Patek Phillipe take absolutely no shortcuts whereas some watchmakers choose to have their cases cast elsewhere from an outside company as the tech they are forged in-house from solid pieces of platinum or gold their case making techniques marks back to the 1800s and they are one of only a few watchmakers who still preserve this old fashion styles manufacturing Patek has a strong belief in preserving the past and passing quality skills from generation to generation and this care and attention reflects in their amazing product number nine the dial color is a stretched science the color of a patek philippe watch dial is determined by an extremely strict scientific process they employ an expert chemist one of only a few in Switzerland at such a level who at any time of day can have four different color variations in their dying back due to humidity it is their job to chemically adjust this color to keep it as consistent as possible but there are occasions when a batch of dials come out slightly different rather than being discarded these watches with a different shades all can become the most sought-after pieces in the collection as the rarer the watch the more valuable it will be in years to come number 10 they are a stellar investment it's a fact that the resale value of a Patek Phillipe wash Trump's that of all other watch brands both modern and vintage something like the iconic 51:31 cloisonne enamel doubled in value immediately after first retailing a price jump almost unheard of for modern releases lettuce protects most popular designs in 1970s was the original Nautilus which retailed for a relatively conservative $3,000 but nowadays it would set you back more than $50,000 at auction in the 1980's a watch in the 2499 104th series cost less than $20,000 but would fetch a staggering figure of more than $400,000 today you can discover more about the world's most expensive watches by clicking on our video in the top right hand corner number 11 the bracelet is also painstakingly made it is not only the dials and timepieces that patek philippe focus their care and attention on their wrist bracelets are also subject to an extensive manufacturing every single patek philippe watch bracelet is hand polished a brilliant example of this quality is the Nautilus bracelet each link is cut individually one at a time and this cutting process takes an average of six minutes and forty-five seconds per link the bracelet is then assembled with great care all done by hand and in keeping with the strict quality regulations of the brand each bracelet takes an average of seven hours to hand polish upon completion number 12 Patek Phillipe is a member of the Holy Trinity Patek Phillipe watches are so highly regarded so they are one of the trio that has become known as the Holy Trinity of wristwatches alongside Patek Phillipe in this esteem trifecta are the luxury brands Audemars Piguet and Vacheron Constantin these three are regarded above all other watchmakers as the very best in the world and anyone who owns a watch from all three companies is certainly somebody who is living the most luxurious and expensive life they can number thirteen there is no official Patek Phillipe Facebook page possibly one of the only major retail brands to do so Patek Phillipe have chosen to preserve their elite and luxury status by staying away from many of the social media sponsorship activities that you normally associate with a leading brand despite several unofficial fan pages being created patek have never started an official Facebook page for their brand nor have they been in the business of gifting their timepieces to race car drivers and tennis players in order to get publicity their attitude is that if somebody wants the very best in wristwatch quality they'll know where to go without having to be swayed by the sight of a celebrity or a Facebook ad they also do not participate in product placement for film or television number 14 it takes three to five years to design a new model the expert designers at Patek Phillipe take their craft extremely seriously operating in a distinctly different manner to many luxury and high-end brands whose focus is to constantly bombard customers with the newest latest greatest editions of products that only been just purchased working at a much slower pace it takes between three to five years for a new timepiece to be researched and developed as it is this painstaking process which makes each new Patek release consistently the most sought-after accessory when it eventually does draw number 15 they have a desired decibel level four minute repeater the minute repeater is one of the most technical and innovative complications that Patek watches contain and they are so fastidious in their quality that the brand has a requirement for how loud the chimes should be their experts determined that between 40 and 50 decibels was the prime volume for this function and they make sure that all of their minute repeaters are tuned to this strict requirement before being sold to a customer the least expensive Patek Phillipe minute repeaters will cost you a cool three hundred and sixty thousand pounds thank you for joining us once again Alexis we hope you enjoyed the video have you ever seen a Patek Phillipe up close do you yourself own a patek philippe watch let us know in the comments and here's one last bonus bash for all you a lecturers who stayed with us right to the very end number 16 the first incarnation of a Patek Phillipe was ordered by a woman the very first wristwatch was commissioned by a Hungarian countess Kaufmann who requested that Antonius attack creative watch that she could wear on her wrist of course this first design was more of a piece of jewelry than a timepiece but Patek clearly became inspired by this first instance and the rest as they say is history thank you for spending some time with us a Luxor's make sure to LIKE and subscribe so you never miss another video we also hand-picked these videos which we recommend you watch next thank you for being an a lexer and we'll 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Id: JUkNPbZcTWc

Length: 12min 59sec (779 seconds)

Published: Fri May 12 2017