Why are Patek Philippe watches the most expensive in the world?

Hoang Minh (according to Bobswatches)

07:20 - 09/01/2024

Patek Philippe watches are one of the world's famous brands with expensive values ​​up to tens of millions of USD.

Handcrafted, limited production, advanced technology and precious materials... are the factors that make Patek Philippe watches always expensive. Photo: Bobswatches

One of the reasons why Patek Philippe watches are so expensive is the craftsmanship. Each Patek Philippe watch is a masterpiece of watchmaking technique, combining traditional methods with the latest technology. Photo: Bobswatches

The precision of the watch is evident in every detail of the watch, from the movement to the case and dial. Photo: Bobswatches

Furthermore, Patek Philippe is one of the few watch manufacturers that designs and manufactures its movements entirely in-house. This vertically integrated approach ensures complete control over the quality and precision of every detail. Photo: Operandi Firenze

Each Patek Philippe watch movement is carefully crafted by skilled artisans, many of whom have dedicated decades to their craft. Photo: Gia Bao Luxury

A key feature of Patek Philippe watches is the exceptional craftsmanship that goes into every component. The manufacturer believes that every part of the watch, whether visible or invisible, is equally important. Photo: Hodinkee

The process of making a Patek Philippe watch is quite long, it can take from several months to several years, depending on the complexity of the watch. Photo: Bloomberg

For example, a simple Calatrava watch can take nine months to complete, while a more complicated one can take up to two years. Photo: Global Boutique

The high price of Patek Philippe watches also comes from the exclusivity that comes with limited production. This scarcity not only drives demand but also ensures that each Patek Philippe watch is a rare and valuable item. Photo: Horus Straps

Investment in research and development of watchmaking technology is another important reason why Patek Philippe watches are so expensive. Photo: Bobswatches

Patek Philippe also chooses the most precious and highest quality materials for its watch models, from the case and dial to the smallest parts. Photo: Financial Times

This strict policy on material selection plays a major role in the high cost of Patek Philippe watches. Photo: Financial Times

Patek Philippe mainly uses precious metals such as 18k gold (in various shades including yellow, white and rose) and platinum for watch cases. Photo: Global Boutique

A large number of Patek Philippe watches, especially those in the high jewelry line, feature elaborate designs with precious stones and diamonds. Photo: British GQ

Source: https://khoahocdoisong.vn/vi-sao-dong-ho-patek-philippe-dat-do-bac-nhat-the-gioi-post245823.html