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Auction archive: Lot number 226

Patek Philippe

The Geneva Watch Auction: SEVEN
12 May 2018 - 13 May 2018
Estimate
CHF800,000 - CHF1,600,000
ca. US$800,280 - US$1,600,560
Price realised:
CHF1,572,500
ca. US$1,573,050
Auction archive: Lot number 226

Patek Philippe

The Geneva Watch Auction: SEVEN
12 May 2018 - 13 May 2018
Estimate
CHF800,000 - CHF1,600,000
ca. US$800,280 - US$1,600,560
Price realised:
CHF1,572,500
ca. US$1,573,050
Beschreibung:

226 Patek Philippe Follow Ref. 2499/100 An extremely attractive and most probably unique yellow gold perpetual calendar chronograph wristwatch with moonphases, champagne dial and original certificate, hangtag and correspondence 1979 37.5mm Diameter Case, dial, movement and buckle signed
Manufacturer : Patek Philippe Year : 1979 Reference No : 2499/100 Movement No : 869'495 Case No : 2’779’148 Material : 18K yellow gold Calibre : Manual, cal. 13’’Q, 23 jewels Bracelet/Strap : Alligator Clasp/Buckle : 18K yellow gold Patek Philippe pin buckle Dimensions : 37.5mm Diameter Signed : Case, dial, movement and buckle signed Accessories : Accompanied by original Patek Philippe Certificate of Origin confirming the champagne dial, Patek Philippe Extract from the Archives confirming production of the present watch in 1979 and subsequent sale on December 19, 1979, hangtag and correspondence between the owner, the retailer and Patek Philippe Catalogue Essay The Patek Philippe reference 2499, in any dial or case combination, can be considered one of, if not the most iconic and desirable trophy watches to crown any collection. However, an example fresh to the market with a unique champagne dial in mint condition accompanied with its original Certificate of Origin and correspondence elevates its collectability to Himalayan heights. This yellow gold reference 2499/100 with champagne dial or “doré” was made upon special order and is accompanied by a series of correspondence between the original owner, the retailer and Patek Philippe between 1979 and 1981 regarding the order and even more amusingly a long series of epistolary exchanges where the owner expresses his ultimate dissatisfaction (in a very understated manner) in receiving the watch with one strap mounted back to front! In fact the owner was so upset that the watch remained almost completely unworn and the strap remaining back to front, his curse being transformed today to a blessing for the collector who will own an unmolested timepiece. Reference 2499 was produced between 1951 (replacing the iconic reference 1518) and 1985, in a limited number of approximately 349 examples. Its large 37.5mm case, down turned stepped lugs, beautifully balanced dial layout and superlative complicated movement stamped with the Geneva seal make this reference one of the most exciting watches to leave the Patek Philippe ateliers. Patek Philippe initially used famed case maker, Vichet, to manufacture the 2499’s case, however early on switched their production to the Wenger atelier. The Vichet case had pronounced, elongated lugs, and a flat case back, while the Wenger case featured a beautifully domed caseback with more compact lugs, as found on the present timepiece. Patek Philippe evolved the dial designs as well, and can be categorized into the following four series: • First series: distinguished by square chronograph pushers, applied Arabic numerals and tachymeter scale. • Second series: first to use round chronograph pushers, either applied Arabic numerals or baton indexes, and tachymeter scale. • Third series: round chronograph buttons, applied baton indexes and outer seconds divisions, the tachymeter scale has been removed. • Fourth series: to which the present example belongs, round chronograph pushers, applied baton indexes and out seconds division, with sapphire crystal, reference 2499/100. The present timepiece, in superb condition, comes mounted with its original strap which has remained mounted back to front, original certificate indicating the “doré” or champagne dial, hang tag as well as the different exchanges between the original owner, "Watches of Switzerland", the London based retailer and Patek Philippe allowing us to delve partially in the relationship between the three parties involved in commissioning and creating this superb icon. The case displays strong definition to the lugs, and well-preserved hallmarks, and the wonderful dial with its unusual champagne color is perfectly crisp and devoid of marks. The reference 2499 is a milestone in the history of wristwatches and when a unique piece in such untouched condition appears on the auction room for the first time it is an opportunity that the discerning collector cannot let go. Read More Maker Bio Patek Philippe Swis

Auction archive: Lot number 226
Auction:
Datum:
12 May 2018 - 13 May 2018
Auction house:
Phillips
Geneva
Beschreibung:

226 Patek Philippe Follow Ref. 2499/100 An extremely attractive and most probably unique yellow gold perpetual calendar chronograph wristwatch with moonphases, champagne dial and original certificate, hangtag and correspondence 1979 37.5mm Diameter Case, dial, movement and buckle signed
Manufacturer : Patek Philippe Year : 1979 Reference No : 2499/100 Movement No : 869'495 Case No : 2’779’148 Material : 18K yellow gold Calibre : Manual, cal. 13’’Q, 23 jewels Bracelet/Strap : Alligator Clasp/Buckle : 18K yellow gold Patek Philippe pin buckle Dimensions : 37.5mm Diameter Signed : Case, dial, movement and buckle signed Accessories : Accompanied by original Patek Philippe Certificate of Origin confirming the champagne dial, Patek Philippe Extract from the Archives confirming production of the present watch in 1979 and subsequent sale on December 19, 1979, hangtag and correspondence between the owner, the retailer and Patek Philippe Catalogue Essay The Patek Philippe reference 2499, in any dial or case combination, can be considered one of, if not the most iconic and desirable trophy watches to crown any collection. However, an example fresh to the market with a unique champagne dial in mint condition accompanied with its original Certificate of Origin and correspondence elevates its collectability to Himalayan heights. This yellow gold reference 2499/100 with champagne dial or “doré” was made upon special order and is accompanied by a series of correspondence between the original owner, the retailer and Patek Philippe between 1979 and 1981 regarding the order and even more amusingly a long series of epistolary exchanges where the owner expresses his ultimate dissatisfaction (in a very understated manner) in receiving the watch with one strap mounted back to front! In fact the owner was so upset that the watch remained almost completely unworn and the strap remaining back to front, his curse being transformed today to a blessing for the collector who will own an unmolested timepiece. Reference 2499 was produced between 1951 (replacing the iconic reference 1518) and 1985, in a limited number of approximately 349 examples. Its large 37.5mm case, down turned stepped lugs, beautifully balanced dial layout and superlative complicated movement stamped with the Geneva seal make this reference one of the most exciting watches to leave the Patek Philippe ateliers. Patek Philippe initially used famed case maker, Vichet, to manufacture the 2499’s case, however early on switched their production to the Wenger atelier. The Vichet case had pronounced, elongated lugs, and a flat case back, while the Wenger case featured a beautifully domed caseback with more compact lugs, as found on the present timepiece. Patek Philippe evolved the dial designs as well, and can be categorized into the following four series: • First series: distinguished by square chronograph pushers, applied Arabic numerals and tachymeter scale. • Second series: first to use round chronograph pushers, either applied Arabic numerals or baton indexes, and tachymeter scale. • Third series: round chronograph buttons, applied baton indexes and outer seconds divisions, the tachymeter scale has been removed. • Fourth series: to which the present example belongs, round chronograph pushers, applied baton indexes and out seconds division, with sapphire crystal, reference 2499/100. The present timepiece, in superb condition, comes mounted with its original strap which has remained mounted back to front, original certificate indicating the “doré” or champagne dial, hang tag as well as the different exchanges between the original owner, "Watches of Switzerland", the London based retailer and Patek Philippe allowing us to delve partially in the relationship between the three parties involved in commissioning and creating this superb icon. The case displays strong definition to the lugs, and well-preserved hallmarks, and the wonderful dial with its unusual champagne color is perfectly crisp and devoid of marks. The reference 2499 is a milestone in the history of wristwatches and when a unique piece in such untouched condition appears on the auction room for the first time it is an opportunity that the discerning collector cannot let go. Read More Maker Bio Patek Philippe Swis

Auction archive: Lot number 226
Auction:
Datum:
12 May 2018 - 13 May 2018
Auction house:
Phillips
Geneva
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