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Highlights from the auctions - Christie’s "Patek Philippe 175", 9 November 2014

Remarkable results at Christie’s "Patek Philippe 175", a thematic auction of 100 timepieces from the iconic watch manufacturer in a special event held yesterday evening at Christie’s Geneva. We list below some of the highlights of the sale which realised over 19 millions Swiss Francs.

The Patek Philippe Reference 2499 First Series in pink gold (lot 59) achieved the amount of Swiss Francs 2,629,000 (US$ 2,714,803). Made in 1951 and the only pink gold example with English import marks, this perpetual calendar chronograph carried a pre-­sale estimate of Swiss Francs 1,600,000 - 2,600,000. Only 349 pieces of Reference 2499 were made during 35 years of production, and only a handful were made in pink gold. In the first series made in the 1950s, only 4 examples in pink gold are known to the market.

The Patek Philippe Reference 2523 (lot 64 ), a gold two crown world timer with­ a beautiful blue enamel dial and unconventional hands, realised Swiss Francs 2,250,000 (US$ 2,297,618). The  estimate was Swiss Francs 1,500,000 - 2,500,000.

The lot 63 was a rare Patek Philippe Reference 2497 in white gold made in 1953. This white gold perpetual calendar wristwatch with moon phases - only the third example in white gold of a Reference 2497 known to exist and the first example of this model in white gold ever to appear in public to date - achieved the amount of Swiss Francs 2,045,000 (US$ 2,111,743) vs an estimate of Swiss Francs 1,000,000 - 2,000,000.

Characterised by a unique 37.3 mm gold case paired with the triple-stepped bezel and elongated straight lugs, the Patek Philippe Reference 3449 realised Swiss Francs 1,205,000 (US$ 1,244,328). According to literature, only three pieces of this exceptional, hand-wound perpetual calendar watch were ever made, all in 1961, all sold in 1965 and all three numbered in sequence. The estimate for this lot 75 was Swiss Francs 1,000,000 - 2,000,000.

Lot 42 was a Patek Philippe Reference 530, an extremely rare and historically important stainless steel chronograph wristwatch (36.5 mm diam.) with silvered sector dial. Made and sold in 1939, it is believed to be the very first example of a reference 530 in stainless steel to have left the factory, making it also an important witness in Patek Philippe's history of complicated steel watches. It was sold for the amount of Swiss Francs 593,000 (US$ 612,354) vs an estimate of Swiss Francs 200,000 - 400,000.

Finally, "The Boeing" Patek Philippe Reference 130 (lot 35) realised Swiss Francs 485,000 (US$ 500,829) with an initial estimate of Swiss Francs 400,000 - 800,000. This yellow gold single button split-seconds chronograph was manufactured in 1930, retailed by Cartier, and received by William E. Boeing on June 9, 1939.

Sale prices mentioned in this article includes the buyer’s premium. The detailed results of the auction can be found here.

COMMENTS

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Name

A. Lange & Sohne,52,AkriviA,6,alarm,3,Alpina,7,Andersmann,2,Andreas Strehler,4,Angelus,3,annual calendar,22,Anonimo,2,Antiquorum,1,Antoine Martin,2,Antoine Preziuso,1,Apple,1,Apple Watch,1,Aquadive,1,Armin Strom,22,Arnold and Son,18,Astarwatch,1,Ateliers deMonaco,2,Auctions,46,Audemars Piguet,26,Autodromo,1,BaselWorld 2013,50,BaselWorld 2014,53,Baselworld 2015,69,Baselworld 2016,27,Baselworld 2017,64,Baume et Mercier,15,Bell & Ross,14,Bernard Lederer Universe,1,Blancpain,22,BLU,1,blue dial,2,Bonhams,1,Bovet,3,Brands histories,1,Breguet,38,Breitling,33,Bremont Watch Company,3,Breva,2,bronze,2,Bücherei,1,Bulgari,24,Burberry,1,C3H5N3O9,1,carillon,1,Carl F. Bucherer,2,Carrera,4,Cartier,35,ceramic,2,Chaumet,2,chiming hour,3,Chopard,21,Christie's,2,Christophe Claret,5,Christopher Ward,3,chronograph,264,chronometer,22,Chronoswiss,3,Citizen,2,co-axial,1,column-wheel,7,complete calendar,4,complications,53,concept watch,4,Concord,1,constant-force,23,Corum,11,CSEM,1,Czapek,1,Daytona,2,De Bethune,11,de Grisogono,2,dead seconds,14,detent escapement,2,DeWitt,7,diving watches,108,double regulator,1,drei,1,dress watches,196,dual time,67,Eberhard,9,Edox,1,El Primero,13,Emile Chouriet,1,Emmanuel Bouchet,1,enamel dial,5,enamelling,14,Equation of time,5,Eterna,17,exhibitions,1,F.P.Journe,14,Faberge,2,Favre-Leuba,1,feature article,2,features,21,Ferdinand Berthoud,2,flyback,28,Fondation de la Haute Horlogerie,1,Fortis,3,Franck Muller,5,Frederique Constant,6,Gallet,1,Geneva Watchmaking Grand Prix,8,Georg Jensen,1,George Daniels,2,Girard-Perregaux,35,Glashuette,14,Glashuette Original,1,Glashütte,27,Glashütte Original,29,Glycine,2,GMT,47,GoS,1,GoS Watches,1,GPHG,4,Graham,5,Grand Feu,2,Grand Prix d’Horlogerie de Geneve,8,Grand Seiko,6,Grande Complication,16,Grande Sonnerie,3,Greubel Forsey,17,Gronefeld,5,Grönefeld,5,Grossmann,3,guilloché,1,H. Moser and Cie,18,Habring,4,Habring2,5,Hajime Asaoka,1,Hallmark of Geneva,1,Hamilton,10,hands-on,6,Harry Winston,8,Hautlence,2,Hermes,10,high jewellery,1,Hublot,10,Hybris Artistica,1,Hydro Mechanical Horologists,7,HYT Watches,12,Icon,1,independent watchmaker,3,industry news,79,IWC,58,Jaeger-LeCoultre,67,Jaquet Droz,12,JeanRichard,3,jumping hours,18,Junghans,5,Kaj Korpela,1,Kari Voutilainen,4,Korpela,1,Krayon,1,Ladies watches,68,Lang & Heyne,1,Lange,6,large date,1,Laurent Ferrier,10,Le Garde Temps,1,Lemania,1,Leroy,3,Linde Werdelin,1,Longines,27,Louis Erard,1,Louis Moinet,4,LVMH,2,Maîtres du Temps,1,Manufacture Contemporaine du Temps,3,Manufacture Royale,3,marine chronometer,1,Maurice de Mauriac,1,Maurice Lacroix,5,MB&F,20,MCT,1,MeisterSinger,20,metiers d'art,1,mido,2,military watches,6,Minerva,1,Ming,1,Minute Repeater,31,Montblanc,37,moon phases,59,Moritz Grossmann,17,Moser,18,Muhle,3,Mühle-Glashütte,3,mystery watches,2,Nautilus,2,New Britain Corp,1,new watches,1399,Nomos,14,Ochs und Junior,3,Officine Panerai,43,Omega,50,Only Watch,2,Only Watch 2015,4,Only Watch 2017,2,Oris,21,Panerai,16,Parmigiani Fleurier,14,Pascal Coyon,1,Patek,2,Patek Philippe,51,perpetual calendar,60,Perrelet,4,Philippe Dufour,1,Phillips,2,Piaget,15,Pierre DeRoche,1,pilot watch,48,platinum,1,pocket watch,2,pocket watches,2,Poincon de Geneve,1,Porsche Design,10,Pre-SIHH 2016: Cartier - Clé de Cartier Automatic Skeleton,1,pulsometer,4,quartz,2,Rado,4,Ralf Tech,2,Ralph Lauren,2,rattrapante,13,Raul Pages,1,Raymond Weil,1,rectangular watches,3,regulator,12,remontoire,2,resonance,2,Ressence,4,retrograde,2,Revelation,1,Reverso,13,Richard Mille,37,Richmond,1,Roger Dubuis,11,Roger Smith,1,Roger W. Smith,1,Rolex,24,Romain Gauthier,5,Romain Jerome,1,Royal Oak,13,Rudis Sylva,1,Seiko,10,SevenFriday,2,SIHH 2012,4,SIHH 2013,25,SIHH 2014,36,SIHH 2015,43,SIHH 2016,44,SIHH 2017,40,SIHH 2018,12,Singer,1,Singer Reimagined,1,single hand,2,single-hand watches,4,Sinn,8,skeleton,11,smartwatch,6,solar energy,1,Sotheby's,3,Speake-Marin,3,Speedmaster,8,split seconds,4,sport watches,307,squelette,32,steampunk,1,striking time,8,SuisseMecanica,1,Swatch,2,Swatch Group,3,table clocks,2,Tag Heuer,53,terra Cielo Mare,1,Tiffany,10,top news,26,Torsti Laine,1,tourbillon,180,Tudor,9,Tutima,1,ultra thin,21,Ulysse Nardin,24,Union Glashutte,1,Urban Jurgensen,13,Urwerk,11,Vacheron Constantin,59,Van Cleef & Arpels,5,Vauchier Fleurier,1,Vianney Halter,3,Vulcain,9,wandering hours,1,Watches & Wonders,14,Watches&Wonders,1,worldtime,23,Zenith,35,Zodiac,1,
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Time and Watches: Highlights from the auctions - Christie’s "Patek Philippe 175", 9 November 2014
Highlights from the auctions - Christie’s "Patek Philippe 175", 9 November 2014
Remarkable results at Christie’s "Patek Philippe 175", a thematic auction of 100 timepieces from the iconic watch manufacturer in a special event held yesterday evening at Christie’s Geneva. We list below some of the highlights of the sale which realised one 19 millions Swiss Francs. Patek Philippe Reference 2499 First Series. Reference 2523. Reference 2497. Reference 3449. Reference 530. Reference 130
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