MenuX
- Just Arrived
- Shop by Category
- Special Offer
-
Shop By Brands
- Our Most Popular
- All Other Brands
-
Rolex Models
- Rolex Air King
- Rolex Bubble
- Rolex Cellini
- Rolex Datejust
- Rolex Datejust II
- Rolex Day Date
- Rolex Day Date II
- Rolex Daytona
- Rolex Explorer II
- Rolex Explorer
- Rolex GMT Master
- Rolex Milgauss
- Rolex Oyster
- Rolex Oyster Perpetual
- Rolex Oyster Royal
- Rolex Pearlmaster
- Rolex Precision
- Rolex Prince
- Rolex Sea Dweller
- Rolex Sky Dweller
- Rolex Submariner
- Rolex Yachtmaster
- Rolex Yachtmaster II
- Sell Your Watch
- Info
- Just Arrived
- Shop by Category
- Special Offer
-
Shop By Brands
- Our Most Popular
- All Other Brands
-
Rolex Models
- Rolex Air King
- Rolex Bubble
- Rolex Cellini
- Rolex Datejust
- Rolex Datejust II
- Rolex Day Date
- Rolex Day Date II
- Rolex Daytona
- Rolex Explorer II
- Rolex Explorer
- Rolex GMT Master
- Rolex Milgauss
- Rolex Oyster
- Rolex Oyster Perpetual
- Rolex Oyster Royal
- Rolex Pearlmaster
- Rolex Precision
- Rolex Prince
- Rolex Sea Dweller
- Rolex Sky Dweller
- Rolex Submariner
- Rolex Yachtmaster
- Rolex Yachtmaster II
- Sell Your Watch
- Info
CHRISTMAS AND NEW YEAR HOURS 2023/24
We close on Friday 22nd December 2023 at 5.00pm and we will re-open Tuesday 2nd January 2024, inclusive.
All watch orders placed on-line between the 23rd Dec 2023 - 2nd January 2024 will be dealt with on our return, thank you.
We wish everyone a very Merry Christmas and a Happy New Year.
Gold purchase 'may protect Patek Philippe watches in future'
Patek Philippe watches has purchased gold futures as a safeguard against possible problems in the industry.
The firm, which manufactures Swiss timepieces, has concerns that if prices for the precious metal get too high, it could impact negatively on the sector, Bloomberg BusinessWeek reports.
This may be especially worrying for the brand, as Rene Weber, an analyst at Bank Vontobel, estimated that 80 per cent of Patek Philippe watches are made from gold or platinum.
"My major problem is, where is gold going? I have no idea. I see it every time going up, up, up. It's a big threat," the firm's chairman Thierry Stern said.
Patek Philippe makes around 42,000 watches and gets through ten tons of metal every year, the news provider notes.
The company has been making Swiss watches since 1839 and it was first established by Antoni Patek and Franciszek Czapek, who were both Polish immigrants who met in Geneva.
The firm, which manufactures Swiss timepieces, has concerns that if prices for the precious metal get too high, it could impact negatively on the sector, Bloomberg BusinessWeek reports.
This may be especially worrying for the brand, as Rene Weber, an analyst at Bank Vontobel, estimated that 80 per cent of Patek Philippe watches are made from gold or platinum.
"My major problem is, where is gold going? I have no idea. I see it every time going up, up, up. It's a big threat," the firm's chairman Thierry Stern said.
Patek Philippe makes around 42,000 watches and gets through ten tons of metal every year, the news provider notes.
The company has been making Swiss watches since 1839 and it was first established by Antoni Patek and Franciszek Czapek, who were both Polish immigrants who met in Geneva.