Patek Philippe & Co. is a Swiss luxury watch manufacturer located in Geneva and the Vallee de Joux. In 1868, Patek Philippe made their first wristwatch. They have also pioneered the perpetual calendar, split-seconds hand, chronograph, and minute repeater in watches. The company, like other Swiss manufacturers, produces mostly mechanical movements of the automatic and manual wind variety, but has produced quartz watches in the past and even a digital wrist watch, the Ref. 3414. Patek is notable for manufacturing its own watch components. Their timepieces have recorded high closing prices in auctions worldwide.
For example, this Patek Philippe Limited Edition “Geneva Boutique” Rue de Rhone Classic Calatrava watch. Released as a limited edition of 300 in 2006 in celebration of the newly opened boutique in Geneva on Rue de Rhone, this classically designed timepiece is a Benz for your wrist. The brushed steel contrasts beautifully with the rest of the dial, with an elegant handmade movement and subtle Arabic numerals. If you’re lucky enough to get your hands on this limited edition Patek, your bank account will certainly be less than a cool $47,000.