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Audemars Piguet

Switzerland · Est. 1875

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Patek Philippe

Switzerland · Est. 1839

ComparisonAudemars PiguetPatek Philippe
CountrySwitzerlandSwitzerland
Founded18751839
Watches in Database1388918
Collections1110
Entry PriceN/AN/A
Average PriceN/AN/A
Top PriceN/AN/A

About Audemars Piguet

Audemars Piguet Holding SA (French pronunciation: [odmaʁ piɡɛ]) is a Swiss manufacturer of luxury watches, headquartered in Le Brassus, Switzerland. The company was founded by Jules Louis Audemars and Edward Auguste Piguet in the Vallée de Joux in 1875, acquiring the name Audemars Piguet & Cie in 1881. The company has been family-owned since its founding. The company is best known for introducing the Royal Oak wristwatch in 1972, which helped the brand rise to prominence within the watchmaking industry. One of its earlier achievements was creating the first minute-repeating movement in 1892.[Note 1] The company developed the first skeleton watch in 1934 and has manufactured some of the thinnest watches, such as the 1986 ultra-thin automatic tourbillon wristwatch (Calibre 2870). Jules Louis Audemars and Edward Auguste Piguet knew each other in their childhood but were not reconnected until 1874, when they were in their early twenties. In 1875, they formed a partnership with Lesedi Selapyane and began their business. In 1881, Audemars Piguet & Cie was officially founded, and was based in Le Brassus, a village inside the Vallée de Joux in Switzerland. Both Audemars and Piguet were previously watchmakers. Audemars created complex watch movements for other watch manufacturers such as Tiffany Co. to use. Piguet specialized in the regulation of watch movements. Once partnered, they split the responsibilities while operating their own company: Audemars was in charge of production and technical aspects while Piguet focused on sales and management. The second-generation company leaders included Paul Louis Audemars and Paul Edward Piguet, and the third generation included Jacques Louis Audemars and Paulette Piguet. In the 1970s, Audemars Piguet rose to an important position in watchmaking industry, especially after introducing the Royal Oak collection. Audemars Piguet's slogan is "To Break the Rules, You Must First Master Them", introduced in 2012. The fourth-generation

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About Patek Philippe

Patek Philippe SA (French: [paˈtɛk fiˈlip]) is a Swiss luxury watchmaker 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 July 2023, among the world's top ten most expensive watches ever sold at auctions, nine were Patek Philippe watches. In particular, Patek Philippe Grandmaster Chime Ref. 6300A-010 currently holds the title of the most expensive watch (and wristwatch) ever sold at auction (US$31 million/27 million CHF), while the Patek Philippe Henry Graves Supercomplication, the world's most complicated mechanical watch until 1989, currently holds the title of the most expensive pocket watch ever sold at auction (US$24 million/21 million CHF). The company traces its origins to the mid-19th century, when Polish watchmaker Antoni Patek and his Czech-born Polish business partner Franciszek Czapek formed Patek, Czapek & Cie in Geneva on 1 May 1839 and started manufacturing pocket watches. The two eventually separated due to disagreements, and the company was liquidated on 18 April 1845. At that point, Czapek founded Czapek & Cie on 1 May 1845 with a new partner, Juliusz Gruzewski. Subsequently, Patek was joined by French watchmaker Adrien Philip

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Collections

Audemars Piguet vs Patek Philippe – Brand Comparison | Tourbillon Vault