Patek Philippe

These are contemporaneous estimates of Patek Philippe's annual production over time. Only the first two estimates (1895 and 1915) come from me, all others were pulled from newspapers, magazines, interviews, etc... ...  

about right 👍

more people with more money than sense. Stern laughing his way to the bank selling $100K uninspiring stainless steel watches. It’s a crazy world going crazier.

Quartz was 40% of production in 1989, now its under 25%. Probably going to keep declining relative to total.

…my wife’s Twenty4 (however they call it) from Stern NY as it needed a new battery: $669 (without polishing which would have added to the cost).

I expect 2024 will yield around 74,000 units. Best, Tim

On a more serious note, seems like Patek is doing everything right. Trying to make as many customers happy as they can without ruining the brand.

I remember, probably in the 1990s, when it was said that Rolex made more watches in one year than Patek made in its entire history. Those days are long gone but still Patek’s yearly production is a small fraction of Rolex’s. Best, Patekova

I personally think it is too many, Patek philosophy changed years ago.

Clearly PP is big business. Would be curious to know how many of these are the complications or handcrafts models. I would hazard a guess that the ‘regular’ models are coming off what must by now be *highly* automated production lines. Nothing like what R... 

Compare 30-255 to the 315, or 31-260 to the 240. Patek started avoiding interior angles about 50 years ago. Patek only went all-in on the Geneva seal around the 70-80s, historically it wasn't that big a deal. Pop the back off a ref. 96 or 1518 and there's...