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Highlights from the Auctions - Patek Philippe 1923 Officer at Sotheby's

Outstanding result at Sotheby's "Important Watches including Titanium Collection" auction held in New York on June the 10th for a very rare Patek Philippe Officer split-seconds chronograph dating back to 1923 (lot 175). The Patek Philippe 1923 Officer (Number 124824) more than doubled the estimate of US$ 800,000 - 1,200,000 and achieved the amount of US$ 2,965,000 (Swiss Francs 2,667,110 / € 2,185,579). After a bidding battle in the room, online and by phone, this exceptional timepiece was finally purchased by the Patek Philippe Museum.
Outstanding result at Sotheby's "Important Watches including Titanium Collection" auction held in New York on June the 10th for a very rare Patek Philippe Officer split-seconds chronograph dating back to 1923 (lot 175).
The Patek Philippe 1923 Officer (Number 124824)  more than doubled the estimate of US$ 800,000 - 1,200,000 and achieved the amount of US$ 2,965,000 (Swiss Francs 2,667,110 / € 2,185,579). After a bidding battle in the room, online and by phone, this exceptional timepiece was finally purchased by the Patek Philippe Museum.
The 1923 Officer is the world’s earliest known split-seconds chronograph born as a wristwatch by any maker. It is also the only model of its kind with a Grand Feu white enamel dial with black painted Breguet numerals. The unblemished dial also features an outer chapter ring calibrated for 1/5th seconds and two subsidiary dials: continuous seconds at 9 o'cock and a highly unusual 60-minute register at 3 o'clock. Actually, this is the only known Patek Philippe vintage chronograph wristwatch with a 60-minute counter.

The four-piece hinged Officer's style yellow gold case has a diameter of 33 mm. The chronograph function is controlled via the button on the band for start, stop and reset to zero while the split second hand function is controlled via the winding crown.
The remarkable movement - the smallest and flattest known split-seconds movement - was likely produced by the Victorin Piguet firm. It features a straight line lever escapement, 23 jewels, 8 adjustments, and bi-metallic compensation balance.

The watch was commissioned in 1903 by an important collector and it was finally sold and delivered on October 13, 1923.

COMMENTS

Name

A. Lange & Sohne,138,Accutron,1,AkriviA,10,Alain Silberstein,3,alarm,16,Alpina,14,Andersen Geneve,2,Andersmann,2,Andreas Strehler,5,Angelus,6,annual calendar,43,Anonimo,15,Anthony de Haas,1,Antiquorum,4,Antoine Martin,2,Antoine Preziuso,1,Apple,2,Apple Watch,2,Aquadive,2,Aquastar,1,Armin Strom,76,Arnold and Son,27,Artime,1,Astarwatch,1,Atelier de Chronometrie,1,Ateliers deMonaco,2,Atmos,1,Auctions,92,Audemars Piguet,93,Autodromo,1,automaton,2,BA111OD,1,Ball Watch,1,Bamford,2,Baselword 2022,1,Baselworld,8,BaselWorld 2013,50,BaselWorld 2014,53,Baselworld 2015,69,Baselworld 2016,27,Baselworld 2017,64,Baselworld 2018,75,Baselworld 2019,41,Baselworld 2020,2,Baume,4,Baume & Mercier,12,Baume et Mercier,66,Bell & Ross,39,Bernhard Lederer,4,Bernhard Zwinz,1,bespoke,1,Blancpain,93,blue dial,3,Bonhams,2,Bovet,12,Brands histories,1,Breguet,123,Breitling,73,Bremont,1,Bremont Watch Company,4,Breva,2,bronze,28,Bücherei,1,Bucherer,1,Bulgari,115,Bulova,2,Burberry,1,C3H5N3O9,1,carbon,3,carillon,3,Carl F. Bucherer,4,Carl Suchy,1,Carrera,18,Cartier,47,ceramic,20,Certina,11,Chanel,4,Chaumet,3,chiming hour,13,Chopard,42,Christiaan van der Klaauw,1,Christie's,9,Christophe Claret,5,Christopher Ward,14,chronograph,729,chronometer,41,Chronoswiss,6,Citizen,4,co-axial,1,column-wheel,7,complete calendar,27,complications,89,concept watch,5,Concord,1,constant-force,39,Corum,18,Credor,1,CSEM,1,Cuervo y Sobrinos,1,Cyrus,32,Czapek,8,Dan Niederer,1,Davosa,1,Daytona,7,De Bethune,28,de Grisogono,3,dead seconds,21,Delma,1,detent escapement,4,DeWitt,9,digital display,1,dive watches,60,diving,8,diving watches,381,double regulator,3,Doxa,35,drei,1,dress watches,507,dual time,101,Ebel,2,Eberhard,35,Edouard Koehn,5,Edox,6,El Primero,41,Emile Chouriet,1,Emmanuel Bouchet,1,Emmanuel Breguet,1,enamel dial,12,enamelling,15,Equation of time,9,ETA,1,Eterna,18,exhibitions,1,F.P.Journe,38,Faberge,2,factory tours,3,Favre-Leuba,1,feature article,83,features,119,Felipe Pikullik,2,Ferdinand Berthoud,8,flyback,55,Fondation de la Haute Horlogerie,1,Formex,1,Fortis,9,Franc Vila Founder,1,Franck Muller,7,Frederic Jouvenot,1,Frederique Constant,15,Furlan Marri,1,FVF,1,Gallet,1,Garrick,1,Geneva Watchmaking Grand Prix,8,Georg Jensen,1,George Daniels,4,Gerald Charles,2,Gerald Genta,12,Girard-Perregaux,48,Glashuette,19,Glashuette Original,89,Glashütte,33,Glashütte Original,122,Glycine,4,GMT,129,GoS,1,GoS Watches,1,GPHG,20,GPHG 2020,3,GPHG 2021,3,GPHG 2022,3,GPHG 2023,3,GPHG2019,1,Graham,6,Grand Feu,5,Grand Prix d’Horlogerie de Geneve,16,Grand Seiko,33,Grande Complication,28,Grande Sonnerie,8,Greubel Forsey,38,greubelforsey,1,Gronefeld,10,Grönefeld,8,Grossmann,3,guilloché,8,H. Moser and Cie,49,H20 Watch,1,Habring,10,Habring2,11,Hajime Asaoka,2,Hallmark of Geneva,2,Hamilton,37,hands-on,120,Hanhart,16,Harry Winston,11,Hautlence,6,Hermes,26,Heuer,2,high jewellery,2,high-frequency,3,Hublot,60,Hybris Artistica,1,Hydro Mechanical Horologists,7,HYT Watches,16,Icon,1,In pictures,17,independent watchmaker,35,industry news,229,interview,8,Interviews,8,IWC,168,Jacques Bianchi,1,Jaeger-LeCoultre,124,Jaquet Droz,58,Jean-Francois Mojon,1,Jean-Marc Pontroué,1,JeanRichard,3,jumping hours,37,Junghans,11,Kaj Korpela,1,Kari Voutilainen,10,Kenissi,1,Kollokium,1,Korpela,1,Krayon,4,Kudoke,5,Kurono,2,L.Leroy,1,L'Epee 1839,1,Labails,1,Ladies watches,191,Lang & Heyne,4,Lang 1943,1,Lange,49,large date,3,Laurent Ferrier,25,Laureus,2,Le Garde Temps,1,Lederer Watches,4,Leica,3,Lemania,1,Leroy,4,Linde Werdelin,2,Longines,94,Louis Erard,27,Louis Moinet,7,Louis Vuitton,1,luxury steel watch,25,LVMH,10,LVMH 2020,6,M.A.D.Edition,4,M.A.D.Editions,4,Maîtres du Temps,1,Manufacture Contemporaine du Temps,3,Manufacture Royale,3,Marc Lang,1,marine chronometer,2,Marqueterie,1,Maurice de Mauriac,2,Maurice Lacroix,26,MB&F,66,MCT,1,MeisterSinger,91,meteorite,3,metiers d'art,2,Mickey Mouse,2,Mido,60,military watches,14,Minerva,3,Ming,1,Minute Repeater,62,monopusher chronograph,5,Montblanc,57,moon phases,124,Moritz Grossmann,31,Moser,44,Muhle,6,Mühle-Glashütte,5,mystery watches,4,Nautilus,13,New Britain Corp,1,new watches,3632,Nivada,2,Nomos,77,Norqain,31,Ochs und Junior,6,Officine Panerai,103,Omega,193,Only Watch,15,Only Watch 2015,4,Only Watch 2017,2,Only Watch 2019,3,Only Watch 2021,4,Only Watch 2023,10,Oris,42,paillonne,1,Panerai,106,Parmigiani,15,Parmigiani Fleurier,34,Pascal Coyon,1,Patek,58,Patek Philippe,135,Pedrozo & Piriz,1,perpetual calendar,148,Perrelet,11,Petermann Bedat,3,Phenomen,1,Philippe Dufour,1,Phillips,10,Piaget,35,Pierre DeRoche,2,pilot watch,113,Pininfarina,1,Pisa,14,Pisa 1940,2,Pisa Circle,13,Pita,1,planetarium,2,platinum,7,pocket watch,3,pocket watches,2,Poehlmann-Bresan,2,Poincon de Geneve,2,Porsche Design,17,Pre-SIHH 2016: Cartier - Clé de Cartier Automatic Skeleton,1,pulsometer,5,Purnell,1,quartz,10,Rado,19,Ralf Tech,3,Ralph Lauren,2,rattrapante,23,Raul Pages,2,Raymond Weil,4,rectangular watches,16,reddot award,1,regatta,1,regulator,26,remontoire,5,Remy Cools,1,Renaud Tixier,1,Reservoir,2,resonance,21,Ressence,12,retrograde,10,Revelation,1,Reverso,26,review,121,RGM,1,RGM Watch Co.,1,Richard Mille,111,Richemont,4,Richmond,1,Roger Dubuis,11,Roger Smith,1,Roger W. Smith,1,Rolex,70,Romain Gauthier,12,Romain Jerome,1,Royal Oak,39,Rudis Sylva,1,sapphire,4,Schwarz Etienne,1,Seamaster,9,Seiko,41,SevenFriday,25,SIHH,3,SIHH 2012,4,SIHH 2013,25,SIHH 2014,36,SIHH 2015,43,SIHH 2016,44,SIHH 2017,41,SIHH 2018,43,SIHH 2019,53,Simon Brette,2,Singer,7,Singer Reimagined,11,single hand,28,single-hand watches,33,Sinn,16,skeleton,35,smartwatch,9,solar energy,1,Sotheby's,8,Speake Marin,6,Speake-Marin,6,Speedmaster,35,split seconds,23,sport,1,sport watches,941,sportwatches,1,Spring Drive,2,square watches,3,squelette,58,steampunk,1,Steinhart,1,Strehler,1,striking time,16,SuisseMecanica,1,sunrise,2,sunset,2,Swatch,9,Swatch Group,23,Sylvain Pinaud,2,table clocks,4,Tag Heuer,174,tantalum,1,technical insight,3,terra Cielo Mare,1,Theo Auffret,1,Tiffany,17,Tissot,8,titanium,9,top news,412,Torsti Laine,1,tourbillon,367,Trilobe,4,Tudor,36,Tulloch,1,Tutima,3,ultra thin,36,Ulysse Nardin,39,Unimatic,1,Union Glashutte,14,Universal Genève,1,Urban Jurgensen,29,Urwerk,22,Vacheron Constantin,81,Van Cleef & Arpels,7,Vauchier Fleurier,1,Vianney Halter,5,video,1,vintage watches,3,Vulcain,11,wandering hours,1,watches,1,Watches & Wonders,42,Watches & Wonders 2020,19,Watches & Wonders 2021,28,Watches & Wonders 2022,35,Watches & Wonders 2023,38,Watches & Wonders 2024,23,Watches&Wonders,8,WatchesandWonders2022,35,WatchesandWonders2023,39,WatchesandWonders2024,24,Wilhelm Schmid,1,Winnerl,1,worldtime,57,YEMA,4,Zannetti,1,Zeitwerk,2,Zeitwinkel,1,Zenith,111,Zodiac,9,
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Time and Watches | The watch blog: Highlights from the Auctions - Patek Philippe 1923 Officer at Sotheby's
Highlights from the Auctions - Patek Philippe 1923 Officer at Sotheby's
Outstanding result at Sotheby's "Important Watches including Titanium Collection" auction held in New York on June the 10th for a very rare Patek Philippe Officer split-seconds chronograph dating back to 1923 (lot 175). The Patek Philippe 1923 Officer (Number 124824) more than doubled the estimate of US$ 800,000 - 1,200,000 and achieved the amount of US$ 2,965,000 (Swiss Francs 2,667,110 / € 2,185,579). After a bidding battle in the room, online and by phone, this exceptional timepiece was finally purchased by the Patek Philippe Museum.
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