In addition to his professional responsibilities as the CEO of Heritage Management Services, Craig Duling is an antiquarian horologist. Through his website, heritagepocketwatch.com, Craig Duling shares information he has gleaned from over 40 years collecting rare timepieces. Patek Philippe crafted one of the impressive watches featured on heritagepocketwatch.com.
Patek Philippe stands as one of the most prestigious watchmakers in the world, as well as the world’s oldest independently owned watch manufacturer. The company was founded in 1839 by polish immigrant Antoni Patek, who was later joined by Adrien Philippe, a talented Frenchman who invented the keyless winding mechanism.
Widely recognized for its meticulous craftsmanship, Patek Philippe continues to make some of the finest timepieces in the world. The company makes all of its own watch components according to rigorous standards. Each year, Patek Philippe only manufactures about 40,000 watches. As a result, the timepieces are highly sought after and are often sold at auction for staggering amounts.
One watch, the Sky Moon Tourbillon men’s watch, has an estimated worth of $1.45 million. Patek Philippe’s most complicated model, the watch was introduced in 2001 and features 12 complications on two dials and has over 2,800 components and 242 jewels.