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Patek Philippe

Jason Pitsch

Patek Philippe 1518 in steel breaks all-time watch auction record

Jason Pitsch

Over the past weekend, at the Geneva Watch Auction: FOUR, Phillips watch auction house sold a “trilogy” of Patek Philippe 1518s, including a 1 of 4 stainless steel version, which achieved a higher result than any other single watch at auction ever. The numbers speak for themselves and put in perspective the level of rarity (and demand) there is for a steel Patek Philippe, particularly a reference 1518 in steel. The yellow gold 1518 achieved $603,980 (lot 100), which is impressive. Even more impressive, were the results for the pink gold 1518 (lot 196), which earned more than double what the yellow gold piece brought in, at $1,488,740. And, of course (lot 38) – the ultra-rare stainless steel 1518 – beat the former two by a mile, with a record-breaking price of $11,112,020 (lot 38). This sale perfectly demonstrates how

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Jason Pitsch

Patek Philippe: The Authorized Biography

Jason Pitsch

Patek Philippe has announced the release of Patek Philippe: The Authorized Biography by Nicholas Folks. The hard bound book, commissioned by Patek Philippe, is a definitive work that covers the legendary watch company’s evolution from its formation in 1839 up until the present. Philippe Stern, the Honorary President of Patek Philippe had this to say, “I am very pleased to see the history of my family’s company come to life in this excellent volume. This is the first time that the Patek Philippe archive has been accessed and brought to life in a factual and definitive work. Nicholas Foulkes has perfectly recreated the atmosphere and details of our 175-year journey.” Featuring 544-pages, filled with over 600 images, “Patek Philippe: The Authorized Biography” will be available for 220 CHF beginning December 2016 on Patek.com, as well as at the Patek Philippe

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Jason Pitsch

Patek Philippe reveals Nautilus 40th Anniversary Limited Editions

Jason Pitsch

Today, Patek Philippe revealed two 40th anniversary limited edition versions of their famous Nautilus timepiece, paying homage to the original that was launched 40 years ago (1976). The Nautilus Ref. 5711/1P 40th Anniversary Limited Edition comes in a 40 mm diameter platinum case and the Nautilus Chronograph Ref. 5976/1G 40th Anniversary Limited Edition comes in a 44 mm diameter white gold case. There is no stainless steel model announced at this time, which is somewhat odd considering that at the time, the Gerald Genta designed Royal Oak and Nautilus models, were unconventional in their use of stainless steel cases. Interestingly, the dials on the two limited editions feature a unique embossed text pertaining to the 40th anniversary, and diamond hour markers. The 5711/1P has an 18K yellow gold dial with a sunburst decoration that is coated with blue PVD and

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Jason Pitsch

Ten facts about Patek Philippe Minute Repeaters

Jason Pitsch

The name “Patek Philippe” is synonymous with minute repeaters. And while the company does not provide yearly production numbers, it is safe to say the number is very low. The demand for Patek Philippe minute repeaters far exceeds the supply. And so naturally, they are highly coveted amongst the world’s elite collectors, resulting in high prices at auction, in the rare instance that someone actually decides to sell one. 1- In Sept 1839, Patek Philippe made their first quarter repeater, which sold for 450 CHF. 2- The world’s first self-winding minute repeater wristwatch (Ref. 3979) was produced by Patek Philippe in 1989. 3- Patek Philippe minute repeaters are produced in both the Vallée de Joux and Geneva factories. 4- Patek Philippe gongs are entirely hand made. There are 21 classes which are necessary to better distinguish between high and low

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Jason Pitsch

Patek Philippe introduces 'Flamme' Diamond Set Calatrava

Jason Pitsch

Introduced this year at Baselworld, the Calatrava Ref. 7200/200R ladies watch features a new gem-setting technique that utilizes staggered rows of diamonds to amplify their sparkle and brilliance. The technique called “Flamme,” has been officially registered as a trademark by Patek Philippe for the horological industry. The unique gem-setting technique is complex and requires the skilled hand of a master jeweler. Furthermore, as with all jewelry pieces, only superb, flawless Top Wessleton brilliant-cut diamonds are used, in accordance with Patek Philippe’s rigorous standards as stipulated by the Patek Philippe Seal. The 18K rose gold Calatrava bezel is set with 142 diamonds, in two staggered rows. Each stone is placed inside a drilled slot. The gem-setter then manually sculpts a small prong for each setting and then bends it over the diamond to secure it on one side from above. Then,

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Jason Pitsch

Jonah Hill wears Patek Philippe Nautilus 5711 on Tonight Show

Jason Pitsch

Last week, on the Tonight Show Starring Jimmy Fallon, Jonah Hill talked about how he accidentally sent Drake his food diary, instead of his doctor, as you can see in the video clip below. More importantly, though, he did so while wearing a stainless steel Patek Philippe Nautilus (Ref. 5711/1A-010), which is part of the current collection. Patek Philippe Nautilus 5711/1A-010, stainless steel As a celebrity who can virtually afford any watch he wants, it shows excellent taste choosing the Nautilus. You can find countless famous people wearing Rolexes (including Hill), and that is not to say that a Rolex is a bad decision. But the Patek, clearly takes it up another level, and leads me to believe he has is a serious “watch guy.” Notably, Patek Philippe is celebrating the 40th anniversary of its iconic Gerald Genta designed Nautilus

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Jason Pitsch

Patek Philippe Ref. 5396G Hands-On

Jason Pitsch

This year at Baselworld, Patek Philippe introduced two new versions of the Ref. 5396 Annual Calendar – which was previously only available with baton-shaped applied hour markers – with two new versions replacing the indexes with Breguet-style Arabic applied numerals. One version is in rose gold with a silvery opaline dial (Ref. 5396R-012), and the other in white gold with a gray dial (Ref. 5396G-014). The case has stayed the same at 38.5 mm in diameter and with a fully polished exterior, clear caseback, and 30 meters water-resistance. The automatic movement, caliber 324 S QA LU 24H/303 movement, is also unchanged. It runs at 4Hz (28,800 vph), measures 33.3 mm/5.78mm, has 10 bridge, 34 jewels, 347 total parts, and a 45-hour maximum power reserve. The bridges are chamfered and polished, the mainplate is decorated with a perlage finish, and the

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Jason Pitsch

Baselworld 2016: Patek Philippe World Time Ref. 5230

Jason Pitsch

This year at Baselworld, Patek Philippe debuted a new World Time watch (Ref. 5230), available in white or rose gold, replacing all previous models. The new timepiece has a number of subtle changes, including a new time zone dial, a slightly redesigned case, and new hands. Dubai now supplants Riyadh and Brisbane replaces Noumea. Another change involves Moscow, which switched from UTC+4 to UTC+3. In addition, Patek Philippe has updated the case with winglet-style lugs and the narrower polished bezel. A new pierced gold hour hand replaces the former ring-shaped hand and shows the contours of the “Southern Cross” constellation. And the minute hand is now lozenge-shaped. Notably, the dial features a new dark grey hand-guilloched center, featuring a basket weave pattern. Patek Philippe World Time Ref. 5230 is powered by automatic caliber 240 HU, which features an off-center 22K

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Josh Shanks

REVIEW: Patek Philippe Nautilus white dial reference 5711

Josh Shanks

Overview One of my favorite topics of conversation at watch events, such as the RedBar Crew meetup, is the concept of grail watches. For those of you not familiar, many people in our community use the term “grail watch” to describe a watch that’s at the top of their wish list. What you may not know is that nearly every collector you’ll meet changes his/her grail watch regularly. Sure, some of us end up acquiring that grail piece, but as horophiles, many of us find something else that catches our eye. For me, the Patek Philippe Nautilus (Ref. 5711-1A-011) — a piece that I’ve owned for almost a year and a watch on top of many collectors’ wish lists — is my grail. My obsession with this piece started long before I had a moderately successful Instagram page about watches

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Jason Pitsch

Patek Philippe Horology Programme of New York

Jason Pitsch

Last month, the Henri Stern Watch Agency (HSWA), which is the historical US subsidiary of Patek Philippe, inaugurated the Patek Philippe Horology Programme of New York, the second watchmaker training program of its kind outside of the venerable watchmaker’s Geneva workshops. The new school will operate out of the same state of the art facility, located at 45 Rockefeller Plaza, where 10,000 Patek Philippe watches are currently serviced each year by 19 watchmakers. After 22 years at 1 Rockefeller Plaza, HSWA moved to 45 Rockefeller Plaza in February 2013 to state of the art upgraded facilities with cutting edge technology to provide the same quality servicing as in Geneva. PROFESSIONAL WATCHES has attended numerous training sessions there, including the year it opened, and there is really nothing like it in New York City. The facility is immaculate and features a

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