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Patek Philippe was founded in 1839 by Antoni Patek and French watchmaker Adrien Philippe, in Geneva, Switzerland. Patek Philippe claims the title for manufacturing the most complicated watch, the "Calibre 89," with 33 complications utilizing a total of 1728 individual parts. Patek Philippe timepieces are considered among the finest in the world. Patek Philippe models hold and increase their value more than almost any other brand in the world, which has led to the manufacture mantra: You never actually own a Patek Philippe. You merely look after it for the next generation. In April 2008, the Patek Philippe Sky Moon Tourbillon model set the world record for the most expensive modern wristwatch ever sold, bringing $1.49 million at Sotheby's Hong Kong auction. Currently the only manufacture in the world that creates all of its movements by the rigid standards of the Geneva Seal, a Patek Philippe watch is a work of horological art and timeless aesthetic perfection that represents the absolute pinnacle of luxury, elegance and refinement.