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Auction archive: Lot number 231

Patek Philippe

The Geneva Watch Auction: SIX
11 Nov 2017 - 12 Nov 2017
Estimate
CHF1,500,000 - CHF3,000,000
ca. US$1,507,077 - US$3,014,154
Price realised:
CHF2,292,500
ca. US$2,303,316
Auction archive: Lot number 231

Patek Philippe

The Geneva Watch Auction: SIX
11 Nov 2017 - 12 Nov 2017
Estimate
CHF1,500,000 - CHF3,000,000
ca. US$1,507,077 - US$3,014,154
Price realised:
CHF2,292,500
ca. US$2,303,316
Beschreibung:

Patek Philippe Follow Ref. 2497 An extremely rare, beautiful and historically important white gold perpetual calendar wristwatch with centre seconds, moonphases and original bracelet 1954 37mm. Diameter Case, dial, movement and bracelet signed
Manufacturer: Patek Philippe Year: 1954 Reference No: 2497 Movement No: 888'054 Case No: 680'003 Material: 18K white gold Calibre: Manual, cal. 27SC Q, 18 jewels Bracelet/Strap: 18K white gold Patek Philippe Gay Frères bracelet, max length 200mm. Clasp/Buckle: 18K white gold Patek Philippe folding clasp stamped GF and Patek Philippe Geneve Dimensions: 37mm. Diameter Signed: Case, dial, movement and bracelet signed Accessories: Accompanied by Patek Philippe Extract from the Archives confirming production of the present watch with raised hour-markers in white gold and white gold bracelet in 1954 and its subsequent sale on 27 November 1963. Catalogue Essay A truly landmark model, reference 2497 is the first serially produced Patek Philippe perpetual calendar wristwatch to feature centre seconds. First introduced in 1951, it is considered one of manufacture’s most beautiful designs ever made, eliciting pure joy and admiration from its beholder. The elegant curved case, produced first by Vichet and then Wenger, hugs the wrist perfectly. The watch’s overall symmetry is furthermore mesmerizing to the eye, enhanced by its robust presence on the wrist. Reference 2497 is one of Patek Philippe’s rarest serially produced perpetual calendar models. Research shows that a combined 179 examples of reference 2497 and its water resistant sibling 2438/1 were produced during their 12 year production period. Whilst yellow gold and pink gold examples are rare, even superlative specimens, those cased in white gold enter “unheard of” territory. In fact, no more than merely three examples cased in white gold have graced the market so far, including the present watch. The 1940s and 1950s were the golden years for Patek Philippe's perpetual calendar wristwatches. During this period, yellow gold watches were de rigueur among gentlemen. White metal watches, on the other hand, were considered completely audacious and daring. This sentiment is even more pertinent when one considers that no more than ten Patek Philippe perpetual calendar complication wristwatches were cased in white metal during the 1940s and 1950s. To date, we know of one reference 1526 in steel, four 1518s in steel, two 2497s in platinum, and finally, three 2497s in white gold. It was not until the introduction of reference 3448 that Patek Philippe produced white metal perpetual calendars on a "regular" basis. Even then, production was scarce. As such, this watch is, without a doubt amongst the most monumental timepieces to grace the market thus far. It staunchly holds its place in any discussion of historically important masterpieces, such as the blockbuster Patek Philippe steel reference 1518 or, later, platinum reference 2499. Today, the market has identified three white gold reference 2497s, including the present watch. One example, bearing case number 680'004 and movement number 888'055 is on consecutive number away from the present watch. The second known example carries case number 679'800 and movement number 888'015. This wristwatch is among the very earliest examples of reference 2497 produced. The dials of first series reference 2497s, as seen on this watch, were fitted with Arabic and dot raised hour markers. Later models would feature faceted, baton hour markers. The present watch was first consigned at auction in 2001 by its original owner and appeared on the market again in 2005. Since then, it has resided in the same prestigious collection, only to surface again, twelve years later. Three owner watches are an absolute rarity. The sparse ownership of this watch only underlies its importance and desirability. Featuring a stunning silvered opaline finish, this dial is preserved in astounding condition. The enamel is thick and raised, with a strong accent above the “e” in Genève. It is free of visible tarnishing and spotting, attesting to the care and love it has received throughout its lifespan. The case is of stunning quality. Produced by Wenger, it is distinguished by its rou

Auction archive: Lot number 231
Auction:
Datum:
11 Nov 2017 - 12 Nov 2017
Auction house:
Phillips
Geneva
Beschreibung:

Patek Philippe Follow Ref. 2497 An extremely rare, beautiful and historically important white gold perpetual calendar wristwatch with centre seconds, moonphases and original bracelet 1954 37mm. Diameter Case, dial, movement and bracelet signed
Manufacturer: Patek Philippe Year: 1954 Reference No: 2497 Movement No: 888'054 Case No: 680'003 Material: 18K white gold Calibre: Manual, cal. 27SC Q, 18 jewels Bracelet/Strap: 18K white gold Patek Philippe Gay Frères bracelet, max length 200mm. Clasp/Buckle: 18K white gold Patek Philippe folding clasp stamped GF and Patek Philippe Geneve Dimensions: 37mm. Diameter Signed: Case, dial, movement and bracelet signed Accessories: Accompanied by Patek Philippe Extract from the Archives confirming production of the present watch with raised hour-markers in white gold and white gold bracelet in 1954 and its subsequent sale on 27 November 1963. Catalogue Essay A truly landmark model, reference 2497 is the first serially produced Patek Philippe perpetual calendar wristwatch to feature centre seconds. First introduced in 1951, it is considered one of manufacture’s most beautiful designs ever made, eliciting pure joy and admiration from its beholder. The elegant curved case, produced first by Vichet and then Wenger, hugs the wrist perfectly. The watch’s overall symmetry is furthermore mesmerizing to the eye, enhanced by its robust presence on the wrist. Reference 2497 is one of Patek Philippe’s rarest serially produced perpetual calendar models. Research shows that a combined 179 examples of reference 2497 and its water resistant sibling 2438/1 were produced during their 12 year production period. Whilst yellow gold and pink gold examples are rare, even superlative specimens, those cased in white gold enter “unheard of” territory. In fact, no more than merely three examples cased in white gold have graced the market so far, including the present watch. The 1940s and 1950s were the golden years for Patek Philippe's perpetual calendar wristwatches. During this period, yellow gold watches were de rigueur among gentlemen. White metal watches, on the other hand, were considered completely audacious and daring. This sentiment is even more pertinent when one considers that no more than ten Patek Philippe perpetual calendar complication wristwatches were cased in white metal during the 1940s and 1950s. To date, we know of one reference 1526 in steel, four 1518s in steel, two 2497s in platinum, and finally, three 2497s in white gold. It was not until the introduction of reference 3448 that Patek Philippe produced white metal perpetual calendars on a "regular" basis. Even then, production was scarce. As such, this watch is, without a doubt amongst the most monumental timepieces to grace the market thus far. It staunchly holds its place in any discussion of historically important masterpieces, such as the blockbuster Patek Philippe steel reference 1518 or, later, platinum reference 2499. Today, the market has identified three white gold reference 2497s, including the present watch. One example, bearing case number 680'004 and movement number 888'055 is on consecutive number away from the present watch. The second known example carries case number 679'800 and movement number 888'015. This wristwatch is among the very earliest examples of reference 2497 produced. The dials of first series reference 2497s, as seen on this watch, were fitted with Arabic and dot raised hour markers. Later models would feature faceted, baton hour markers. The present watch was first consigned at auction in 2001 by its original owner and appeared on the market again in 2005. Since then, it has resided in the same prestigious collection, only to surface again, twelve years later. Three owner watches are an absolute rarity. The sparse ownership of this watch only underlies its importance and desirability. Featuring a stunning silvered opaline finish, this dial is preserved in astounding condition. The enamel is thick and raised, with a strong accent above the “e” in Genève. It is free of visible tarnishing and spotting, attesting to the care and love it has received throughout its lifespan. The case is of stunning quality. Produced by Wenger, it is distinguished by its rou

Auction archive: Lot number 231
Auction:
Datum:
11 Nov 2017 - 12 Nov 2017
Auction house:
Phillips
Geneva
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