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In 1774 Ulysse's grandfather, Jean Leonard Nardin set up a small business making household stoves. In 1792 Leonard Frederic was born and became the first watchmaker in the family. Ulysse Nardi was born in 1823 and set up the company in 1846. It quickly gained international recognition.

It won the Prize Medal at the 1862 World's Fair. Ulysse's son, Paul David Nardin, took over the firm in 1876. Chronometers were sold to many captains of the high seas. The company later went into decline and was rescued by Rolf W. Schnyder. It is now the astronomical and mechanical wizard of watches. Heavy, expensive but beautifully crafted pieces of craftsmanship with planetary positions and even watches containing pieces of meteorite.