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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 one 19 millions Swiss Francs. Patek Philippe Reference 2499 First Series. Reference 2523. Reference 2497. Reference 3449. Reference 530. Reference 130
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

Name

A. Lange & Sohne,137,Accutron,1,AkriviA,10,Alain Silberstein,3,alarm,16,Alpina,14,Andersen Geneve,2,Andersmann,2,Andreas Strehler,5,Angelus,5,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,26,Artime,1,Astarwatch,1,Atelier de Chronometrie,1,Ateliers deMonaco,2,Atmos,1,Auctions,91,Audemars Piguet,92,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,11,Baume et Mercier,65,Bell & Ross,39,Bernhard Lederer,4,Bernhard Zwinz,1,bespoke,1,Blancpain,92,blue dial,3,Bonhams,2,Bovet,12,Brands histories,1,Breguet,122,Breitling,71,Bremont,1,Bremont Watch Company,4,Breva,2,bronze,28,Bücherei,1,Bucherer,1,Bulgari,114,Bulova,2,Burberry,1,C3H5N3O9,1,carbon,3,carillon,3,Carl F. Bucherer,4,Carl Suchy,1,Carrera,17,Cartier,46,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,717,chronometer,38,Chronoswiss,6,Citizen,3,co-axial,1,column-wheel,7,complete calendar,27,complications,88,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,56,diving,8,diving watches,377,double regulator,3,Doxa,34,drei,1,dress watches,504,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,82,features,118,Felipe Pikullik,2,Ferdinand Berthoud,7,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,47,Glashuette,19,Glashuette Original,88,Glashütte,33,Glashütte Original,121,Glycine,4,GMT,126,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,118,Hanhart,15,Harry Winston,11,Hautlence,6,Hermes,26,Heuer,2,high jewellery,2,high-frequency,3,Hublot,59,Hybris Artistica,1,Hydro Mechanical Horologists,7,HYT Watches,16,Icon,1,In pictures,17,independent watchmaker,35,industry news,227,interview,8,Interviews,8,IWC,166,Jacques Bianchi,1,Jaeger-LeCoultre,123,Jaquet Droz,58,Jean-Francois Mojon,1,Jean-Marc Pontroué,1,JeanRichard,3,jumping hours,36,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,190,Lang & Heyne,4,Lang 1943,1,Lange,48,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,93,Louis Erard,26,Louis Moinet,7,Louis Vuitton,1,luxury steel watch,24,LVMH,10,LVMH 2020,6,M.A.D.Edition,3,M.A.D.Editions,3,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,64,MCT,1,MeisterSinger,90,meteorite,3,metiers d'art,2,Mickey Mouse,2,Mido,59,military watches,14,Minerva,3,Ming,1,Minute Repeater,62,monopusher chronograph,4,Montblanc,57,moon phases,121,Moritz Grossmann,31,Moser,44,Muhle,6,Mühle-Glashütte,5,mystery watches,4,Nautilus,12,New Britain Corp,1,new watches,3587,Nivada,2,Nomos,76,Norqain,31,Ochs und Junior,6,Officine Panerai,103,Omega,190,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,14,Parmigiani Fleurier,33,Pascal Coyon,1,Patek,56,Patek Philippe,133,Pedrozo & Piriz,1,perpetual calendar,146,Perrelet,11,Petermann Bedat,3,Phenomen,1,Philippe Dufour,1,Phillips,10,Piaget,34,Pierre DeRoche,2,pilot watch,111,Pininfarina,1,Pisa,13,Pisa 1940,1,Pisa Circle,12,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,9,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,25,remontoire,5,Remy Cools,1,Renaud Tixier,1,Reservoir,2,resonance,21,Ressence,12,retrograde,10,Revelation,1,Reverso,26,review,119,RGM,1,RGM Watch Co.,1,Richard Mille,110,Richemont,4,Richmond,1,Roger Dubuis,11,Roger Smith,1,Roger W. Smith,1,Rolex,68,Romain Gauthier,12,Romain Jerome,1,Royal Oak,39,Rudis Sylva,1,sapphire,4,Schwarz Etienne,1,Seamaster,9,Seiko,41,SevenFriday,24,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,6,Singer Reimagined,10,single hand,27,single-hand watches,32,Sinn,16,skeleton,35,smartwatch,9,solar energy,1,Sotheby's,8,Speake Marin,6,Speake-Marin,6,Speedmaster,34,split seconds,22,sport,1,sport watches,930,sportwatches,1,Spring Drive,2,square watches,3,squelette,57,steampunk,1,Steinhart,1,Strehler,1,striking time,16,SuisseMecanica,1,sunrise,2,sunset,2,Swatch,8,Swatch Group,23,Sylvain Pinaud,2,table clocks,4,Tag Heuer,172,tantalum,1,technical insight,3,terra Cielo Mare,1,Theo Auffret,1,Tiffany,17,Tissot,8,titanium,8,top news,395,Torsti Laine,1,tourbillon,361,Trilobe,3,Tudor,35,Tulloch,1,Tutima,3,ultra thin,34,Ulysse Nardin,39,Unimatic,1,Union Glashutte,14,Universal Genève,1,Urban Jurgensen,29,Urwerk,22,Vacheron Constantin,80,Van Cleef & Arpels,7,Vauchier Fleurier,1,Vianney Halter,5,video,1,vintage watches,3,Vulcain,11,wandering hours,1,watches,1,Watches & Wonders,41,Watches & Wonders 2020,19,Watches & Wonders 2021,28,Watches & Wonders 2022,35,Watches & Wonders 2023,38,Watches & Wonders 2024,2,Watches&Wonders,5,WatchesandWonders2022,35,WatchesandWonders2023,39,WatchesandWonders2024,3,Wilhelm Schmid,1,Winnerl,1,worldtime,56,YEMA,4,Zannetti,1,Zeitwerk,2,Zeitwinkel,1,Zenith,110,Zodiac,9,
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Time and Watches | The watch blog: 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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