Letter by Arnaud Tellier History timeline The watches POCKET WATCHES AND CLOCKS SHAPED WATCHES MANUAL-WINDING SELF-WINDING COMPLICATIONS
Lot 30
Ref. 570 G SC HL , white gold ‘calatrava’, full set
Letter by Ali Nael
To my Dearest Friends & Fellow Collectors,
When we set out on our journey to establish FutureGrail as an auction house in 2022, we envisioned a place where we fostered equality and transparency, where all of our clients have the opportunity to succeed.
Our model is designed to ensure that everyone wins together, offering one of the lowest premiums available, and some of the most comprehensive studies in the industry, inspected by our watchmaker, experts, and by Arnaud Tellier, our head of curation, and in some cases, Tortella & Sons.
Our team’s cumulative experience in horology is something we wanted to share with everyone, and not gatekeep for only a privileged few. As our COO, Mohsin Rizvi, quoted, ‘FutureGrail is a vision made to service generations to come, forward-looking and daring to take the challenge.’ That’s why we built our auctions with one main mission: a good representation of the watches we offer for sale, a true balance between price, value, and quality.
To elevate the experience, our museum in the heart of Singapore is a place where collectors, both new and experienced, can deepen their knowledge of horology and develop a greater appreciation for watches and quality.
It has been an incredible journey so far, only made possible with your support. This auction is our fourth in less than a year. The catalog we have put together for you represents over a decade’s effort to painstakingly piece together 50 lots that we feel represent Patek Philippe’s, precision, and rarity.
Our team is extremely appreciative of all the love, support, and encouragement we have received from you all around the globe. I look forward to seeing you in Singapore, Geneva, and Dubai over the next few weeks.
Sincerely Yours,
Ali Nael CEO
Letter by Arnaud Tellier
Dear Friends and Fellow Collectors,
It is with great joy, as a museum curator, that I participate in the thematic auction Patek Philippe: Eternal Icons organized by FutureGrail. I hope that this event marks the beginning of a new era for us in the field of auctions, an adventure we have recently embarked upon.
In 2021, in the book My Dream Collection by Ali Nael, I expressed my admiration for the collection he had assembled. Since then, our relationship has deepened, blossoming into a genuine friendship. Life’s circumstances later led me, free from any prior commitments, to join FutureGrail in Singapore, where we have embarked on a rich and fruitful intellectual collaboration over the past year.
We have created an ideal working environment, where the collection of Patek Philippe timepieces is on permanent display, alongside other horological masterpieces from centuries past.
For this auction, each lot has been meticulously selected and examined with rigor and integrity by independent experts, supported by my personal knowledge of Patek Philippe. Thus, we are able to offer these exceptional pieces at auction with complete confidence.
The world of auctions, which I have known since childhood, is full of fascinating stories and chapters, and this is one of the highlights. The team at FutureGrail is evolving constantly to master the subtleties and challenges of the horological world.
To you, readers of this letter, who will have the pleasure of discovering these watches and clocks in the following pages, I summarize as follows: the lots we present are a rare opportunity to acquire ‘museumquality’ pieces, whose exceptional state of preservation has become almost unattainable.
I hope that this auction meets all our expectations and allows everyone, whether seasoned or novice, to acquire some treasures, while discovering the passion that unites us to horology, and more particularly to Patek Philippe, the finest watchmaking manufacture in the world.
With all my best wishes,
Arnaud Tellier
Former Director and Curator of the Patek Philippe Museum in Geneva FutureGrail, Head of Curation
FutureGrail Team
Ali Nael
CEO
Senior Specialist
ali@futuregrail.com
+65 9023 4921
Mohsin Rizvi
COO Senior Specialist
mohsin@futuregrail.com
+65 808 90475
Arnaud Tellier
Head of Curation
Senior Specialist
arnaud@futuregrail.com
+41 79 747 20 20
Arvind Das Naaidu General Counsel
gc@futuregrail.com
Lee Chai
General Manager lee.sc@futuregrail.com +65 8822 2848
A HISTORICAL PINK GOLD, MINUTEREPEATER, HUNTING-CASE, ‘BREGUET’ NUMERALS
PLATINUM, RARE PRE-ART DECO, MINUTEREPEATER, SILVER DIAL, ROMAN NUMERALS
AN EARLY PINK GOLD, PERPETUAL CALENDAR, MOON PHASES, ENAMEL DIAL, ROMAN NUMERALS
REF. 839 J, A UNIQUE YELLOW GOLD, MINUTEREPEATER, PERPETUAL CALENDAR, MOONPHASES
MAHOGANY, ALUMINIUM AND GILDED METAL, MARINE CHRONOMETER, QUARTZ CRYSTAL CONTROLLED, CENTRE-SECONDS, BLACK DIAL
REF. 801 E, GILDED AND PAINTED BRASS, SOLAR-POWERED MECHANICAL DESK-CLOCK, GILDED DIAL, ROMAN NUMERALS
REF. 1373 E, A UNIQUE CLOISONNÉ POLYCHROME ENAMEL, SOLARPOWERED QUARTZ DOME DESKCLOCK, GILDED DIAL
Gold and Platinum, ‘Breguet’ Numerals, ‘Hudson’style, Retailed by Relojoaria Gondolo, Rio de Janeiro (Brazil)
PATEK PHILIPPE
C. 1927
Brand Patek Philippe, Geneva
Model ‘Hudson’-style case
Retailed by Relojoaria Gondolo, Rio de Janeiro (Brazil)
Year circa 1927
Reference -
Movement No. 816 635
Calibre 17’’’, manual-winding, 18 jewels
Case No. 413 720
Material/s yellow gold (18-carat), platinum
Dimensions Ø 45.1 mm.
Thickness 8.8 mm.
Weight 58 gr. (approx.)
Signature dial, case and movement
Accessories Extract from the Archives
Starting bid $6,000
Low Estimate $8,000
High Estimate $16,000
CASE
Three-piece, ‘variée’, polished and chiselled; chiselled pendant and oval-shaped screwed bow. Bezels decorated with chiselled laurel leaves, alternating with four platinum cross-style ornaments.
DIAL
Silver colour, with yellow gold applied suspended ‘Breguet’ Arabic numerals (known as ‘HP’ for Heures Penchées or leaning hours); external minute track divided five by five with ‘perlé’ beaded dots; yellow gold ‘Breguet’ hands.
MOVEMENT
Calibre 17’’’, manual-winding, 18 jewels, gilded brass, going barrel, straight-line equilibrated lever escapement, à moustaches, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, polished steel indexregulator with swan-neck spring and micrometric screw.
The Extract from the Archives, dated November 04, 2020, mentions that this watch was made in 1927 and sold on February 27, 1933.
Art Deco dress-watch, ‘Hudson’-style case, chiselled bezels, silver dial, ‘Breguet’ Arabic numerals, made for the Brazilian market, retailed by Relojoaria Gondolo.
Yellow gold (18-carat) and platinum, open-face, keyless-winding, round-shaped, thin Art Deco pocket watch, with subsidiary seconds at 6 o’clock.
Winding and time-setting by the crown on the pendant.
Enamel, Chiselled and Enamelled Bezels, Gold Dial, ‘Dauphine’ Arabic Numerals, Retailed by Spaulding & Co., Chicago, Illinois (U.S.A.)
Brand Patek Philippe, Geneva
Retailed by Spaulding & Co., Chicago, Illinois (U.S.A.)
Year circa 1918
Reference -
Movement No. 190 120
Case No. 405 239
Accessories Extract from the archives PATEK PHILIPPE
Calibre 17’’’,manual-winding, 18 jewels
Material/s yellow gold (18-carat), platinum
Dimensions Ø 44.3 mm.
Thickness 9.9 mm.
Weight 57.8 gr. (approx.)
Signature dial, case and movement
Starting bid $6,000
Low Estimate $7,000
High Estimate $14,000
CASE
Three-piece, ‘variée’, polished, chiselled and enamelled; ovalshaped screwed bow. Bezels decorated with chiselled floral motifs, alternating with four ornaments on an azure-blue enamelled background. Case-back engraved in taille-douce (fine cut) with the cypher ‘C R M’. Inside case-back with a tintype (or melainotype or ferrotype) portrait of a lady.
DIAL
Gold colour, with black painted suspended ‘Dauphine’ Arabic numerals; external minute track divided five by five with radiating lines; blued steel ‘Breguet’ hands.
MOVEMENT
Calibre 17’’’, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line equilibrated lever escapement, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, polished steel index-regulator, eight adjustments.
The Extract from the Archives, dated August 15, 2024, mentions that the watch was made in 1918 and sold on August14, 1919.
Pre-Art Deco dress-watch, chiselled and enamelled bezels gold dial, ‘Dauphine’ Arabic numerals, made for the American market, retailed by Spaulding & Co.
Yellow gold (18-carat) and enamel, open-face, keyless-winding, round-shaped, thin pre-Art Deco pocket watch, with subsidiary seconds at 6 o’clock, made for the American market.
Winding and time-setting by the crown on the pendant.
Yellow Gold , Hunting-Case, Enamel Dial, ‘Breguet’ Arabic Numerals, Retailed on The German Market
PATEK PHILIPPE C. 1911
Brand Patek Philippe, Geneva
Model Hunting-Case
Retailed by on the German market
Year circa 1911
Reference -
Movement No. 167 335
Calibre 18’’’ ½, manual-winding, 19 jewels
Case No. 275 738
Material/s yellow gold (18-carat)
Dimensions Ø 55.1 mm.
Thickness 13.5 mm.
Weight 138.7 gr. (approx.)
Signature dial, case and movement
Accessories An Extract from the archives is on order and guaranteed by the sale
Starting bid $4,000
Low Estimate $5,000
High Estimate $10,000
CASE
Five-piece, ‘bassine’, polished; gold cuvette (dome) engraved n taille-douce (fine cut) with the manufacturer’s name and serial number; oval-shaped clipped bow.
Case stamped with the German Empire hallmark.
DIAL
White colour enamel (two-piece), with black painted suspended ‘Breguet’ Arabic numerals (known as ‘HP’ for Heures Penchées or leaning hours); external minute track divided five by five with black painted radiating lines; blued ‘Poire Stuart’ pear-shaped hands.
MOVEMENT
Calibre 18’’’ ½, manual-winding, 19 jewels, gilded brass, going barrel, straight-line equilibrated lever escapement, à moustaches, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, patented polished steel index-regulator with swan-neck spring and precision-regulating device for fast / slow by means of an eccentric snail.
Movement based on the French invention patent No. 142 376, delivered on April 16, 1881, to Jean-Adrien Philippe (1815-1894), Geneva, for a ‘régulateur de precision’ (precision-regulating device for fast / slow by means of an eccentric snail).
Movement also based on the Swiss invention patent No. 2 680, delivered on September 27 1890, to Patek, Philippe & Cie, Geneva, for a ‘Remontoir avec mise à l’heure perfectionné’ (the definitive version of the keyless-winding and setting device).
Pocket watch, hunting-case, enamel dial, ‘Breguet’ Arabic numerals, retailed on the German market;
Yellow gold (18-carat), hunting-case, keyless-winding, round-shaped, pocket watch, with subsidiary seconds at 6 o’clock, retailed on the German market.
Winding and time-setting by the crown on the pendant.
Reference 600 J HL (Heures Lapidées or lapidated hours)
Movement No. 880 955
Calibre 17’’’ ½, manual-winding, 18 jewels
Case No. 621 787 (by Emile Vichet, Geneva)
Material/s yellow gold (18-carat)
Dimensions Ø 44.6 mm.
Thickness 10 mm.
Weight 55.6 gr. (approx.)
Signature dial, case and movement
Accessories Extract from the archives
Starting bid $4,000
Low Estimate $5,000
High Estimate $10,000
CASE
Three-piece, ‘carrure plate’, polished and satin-finished; rectangular-shaped with cut corners screwed bow.
DIAL
Silver colour, with yellow gold applied radiating lapidated ‘Bâton’ or ‘Obus’ indexes (known as ‘HL’ for Heures Lapidées or lapidated hours); external minute track divided five by five with ‘perlé’ beaded dots; yellow gold ‘Dauphine’ hands.
MOVEMENT
Calibre 17’’’ ½, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, polished steel index-regulator with swan-neck spring and micrometric screw, adjusted to heat, cold, isochronism and 5 positions, Geneva Quality Hallmark (‘Poinçon de Genève’ / Geneva Seal).
The Extract from the Archives, dated August 21, 2024, mentions that this watch was made in 1940 and sold on December 12, 1940.
Ref. 600 J HL (Heures Lapidées or lapidated hours), Art Deco dress-watch, ‘Moderne’-style case, silver dial, lapidated indexes, made for the Swiss market, retailed by Beyer.
Yellow gold (18-carat), open-face, keyless-winding, round-shaped, with subsidiary seconds at 6 o’clock.
Winding and time-setting by the crown on the pendant.
Ref. 703 R, ‘Pink on Pink’, Roman Numerals, Retailed by
Eberhard, Milan (Italy)
PATEK PHILIPPE
C. 1939
Brand Patek Philippe, Geneva
Model Art Deco dress-watch
Retailed by Eberhard, Milan (Italy)
Year circa 1939
Reference 703 R
Movement No. 880 732
Calibre 17’’’, manual-winding, 18 jewels
Case No. 619 705 (by Edouard Wenger, Geneva)
Material/s pink gold (18-carat)
Dimensions Ø 45.1 mm.
Thickness 9 mm.
Weight 57.1 gr. (approx.)
Signature dial, case and movement
Accessories Extract from the Archives
Starting bid $6,000
Low Estimate $8,000
High Estimate $16,000
CASE
Three-piece, ‘carrure plate’, polished and satin-finished; rectangular-shaped screwed bow. Inside case-back engraved in taille-douce (fine cut) with the mention ‘Gino e mina / 28-8-1940’.
DIAL
Pink colour, with pink gold applied suspended Roman numerals (III-IX-XII) and lapidated pyramidal-shaped square radiating indexes (at 1, 2, 4, 5, 7, 8, 10 and 11 o’clock); external minute track divided five by five with black painted radiating lines; pink gold ‘Bâton’ hands.
MOVEMENT
Calibre 17’’’, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, polished steel index-regulator with swan-neck spring and micrometric screw, Geneva Quality Hallmark (‘Poinçon de Genève’ / Geneva Seal).
The Extract from the Archives, dated January 16, 2004, mentions that this watch was made in 1939 and sold on October 09, 1939.
Ref. 703 R, Art Deco dress-watch, pink dial, Roman numerals, made for the Italian market, retailed by Eberhard; nicknamed ‘pink on pink’
Pink gold (18-carat), open-face, keyless-winding, round-shaped, thin Art Deco pocket watch, with subsidiary seconds at 6 o’clock.
Winding and time-setting by the crown on the pendant.
Platinum, Diamonds and Sapphires, GemSet Case-Band and Bow, Silver Dial, ‘Breguet’ Numerals
PATEK PHILIPPE
C. 1925
Brand Patek Philippe, Geneva
Model Art Deco dress-watch
Year circa 1925
Reference -
Movement No. 810 781
Calibre 17’’’, manual-winding, 18 jewels
Case No. 411 504
Material/s platinum, diamonds, sapphires
Dimensions Ø 44.3 mm.
Thickness 7.4 mm.
Weight 50 gr. (approx.)
Signature dial, case and movement
Accessories Extract from the Archives
Starting bid $8,000
Low Estimate $9,000
High Estimate $18,000
CASE
Three-piece, ‘carrure plate’, polished and satin-finished; diamondset oval-shaped screwed bow. Case-band decorated with diamond-set motifs, alternating with baguette-sapphires set across.
DIAL
Silver colour, with white gold suspended ‘Breguet’ Arabic numerals (known as ‘HP’ for Heures Penchées or leaning hours); external minute track divided five by five with ‘perlé’ beaded dots; white gold ‘Breguet’ hands.
The Extract from the Archives, dated May 3rd, 2024, mentions that this watch was made in 1925 and sold on December 19th, 1927
Art Deco dress-watch, gem-set case-band and bow, silver dial, ‘Breguet’ Arabic numerals; platinum, diamonds and sapphires
Platinum (18-carat) and gem-set, open-face, keyless-winding, round-shaped, thin Art Deco pocket watch, with subsidiary seconds at 6 o’clock.
Winding and time-setting by the crown on the pendant.
Ref. 651 A N HP, Steel, Black ‘Duco’ Lacquer Dial
and ‘Breguet’ Numerals
PATEK PHILIPPE
C. 1937
Brand Patek Philippe, Geneva
Model Art Deco dress-watch
Year circa 1937
Reference 651 A N HP (Noir or black; Heures Penchées or leaning hours)
Movement No. 870 183
Calibre 17’’’, manual-winding, 18 jewels
Case No. 504 635 (by Frères Borgel –Taubert Manufacture, Geneva)
Material/s stainless steel
Dimensions Ø 45.3 mm.
Thickness 10.2 mm.
Weight 55.5 gr. (approx.)
Signature dial, case and movement
Accessories Extract from the Archives, paperwork
Starting bid $8,000
Low Estimate $9,000
High Estimate $18,000
The only one identified of this reference with black ‘breguet’ dial.
CASE Three-piece, ‘Bassine’, polished; oval-shaped clipped bow.
DIAL
Black colour, ‘Duco’ lacquer, with stainless steel applied suspended ‘Breguet’ Arabic numerals (known as ‘HP’ for Heures Penchées or leaning hours); external minute track divided five by five with white painted radiating lines; stainless steel ‘Feuille’ leafshaped hands.
MOVEMENT
Calibre 17’’’, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, polished steel index-regulator with swan-neck spring and micrometric screw.
The Extract from the Archives, dated May 17, 2024, mentions that this watch was made in 1937 and sold on November 29, 1937.
Stainless steel, open-face, keyless-winding, round-shaped, thin Art Deco pocket watch, with subsidiary seconds at 6 o’clock.
Winding and time-setting by the crown on the pendant.
Ref. 703 R, ‘Pink on Pink’, Two-Tone Dial, and Roman Numerals
PATEK PHILIPPE
C. 1947
Brand Patek Philippe, Geneva
Model Art Deco dress-watch
Year circa 1947
Reference 703 R
Movement No. 881 959
Calibre 17’’’, manual-winding, 18 jewels
Case No. 642 946 (by Wenger, Geneva)
Material/s pink gold (18-carat)
Dimensions Ø 48 mm.
Thickness 8.3 mm.
Weight 49.8 gr. (approx.)
Signature dial, case and movement
Accessories Original fitted box, Certificate of origin
Starting bid $6,000
Low Estimate $8,000
High Estimate $16,000
CASE
Three-piece, polished and satin-finished, “carrure plate”, vertical rectangular-shaped screwed bow.
Inside case-back engraved “Henri Chamot / 20 ans de collaboration / 1927 – 1947 / Union Romande Amann S.A. / Lausanne”.
DIAL
Pink colour, two-tone, vertical and circular decor, with applied radiating pink gold Roman numerals (III-IX-XII) and square lapidated indexes (at 1, 2, 4, 5, 7, 8, 10 and 11 o’clock) in large circle; pink gold “Bâton” hands.
MOVEMENT
Calibre 17’’’ 21/12, 18 jewels, rhodium-plated with “fausses côtes” decoration, going barrel, straight-line lever escapement, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, polished steel indexregulator with swan-neck spring and micrometric screw, Geneva Quality Hallmark (“Poinçon de Genève” / Geneva Seal).
The original Certificate mentions that this watch was sold by Patek Philippe, Geneva, on September 9, 1947.
Pink gold (18-carat), open-face, keyless-winding, round-shaped, thin Art Deco pocket watch, with subsidiary seconds at 6 o’clock.
Winding and time-setting by the crown on the pendant.
Accessories original fitted box Certificate of origin , extract from the archives
Starting bid $12,000
Low Estimate $15,000
High Estimate $30,000
CASE
Four-piece ‘bassine effilée’, ‘Paris’-style case, polished; gold cuvette (dome) engraved in taille-douce (fine cut) with the manufacturer’s name and serial number; oval-shaped clipped bow.
DIAL
Egg-shell ‘amber’ colour enamel (three-piece), with black painted radiating Roman numerals; external minute track divided five by five with black painted radiating Arabic numerals and lines; blued steel ‘Breguet’ hands.
MOVEMENT
Calibre 18’’’ CC (ébauche registered in 1910), manual-winding, 25 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line equilibrated lever escapement, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, polished steel index-regulator with swan-neck spring and micrometric screw; chronograph work on the top plate.
The Extract from the Archives, dated June 10, 2020, mentions that this watch was made in 1912 and sold on October 16, 1923.
A chronograph pocket watch, original box and papers
Yellow gold (18-carat), open-face, keyless-winding, round-shaped, pocket watch, with subsidiary seconds at 6 o’clock and two horological complications:
• 1/5 second chronograph (activated by the single round-shaped push-piece located on the crown; start, stop and return to zero functions) with outer ring divided in 60; safety bolt locking the chronograph’s functions (slide at 1:30)
• Instantaneous 30-minute counter (subsidiary dial at 12 o’clock)
Winding and time-setting by the crown on the pendant.
PATEK PHILIPPE
This watch presented here is one of the most beautiful openface chronograph known with its specific amber enamel dial. It is accompanied by its Certificate of origin and its original fitted box.
Bibliography
• Huber & Banbery, p. 188, ill. 157 a-b (similar watch).
• Patek Philippe Museum, Patek Philippe Watches, Vol. I, p. 30 (similar watch).
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 72-73.
Amber enamel dial
In Patek Philippe production, the use of a slightly amber-tinted enamel dial is a sign of quality. This is a tradition used mainly by British manufacturers, but sometimes also in Switzerland, as can be seen here. Tinted enamel consists of colouring the usual white to give it a creamier appearance. Willis in London, probably the most important dial maker of the late nineteenth and early twentieth centuries, specialised in this technique.
Patek Philippe, pockets watches with chronograph
The first Patek Philippe pocket watches with chronograph mechanism were made in the second half of the 19th century; the oldest recorded dates from 1867.
The Genevan manufacture produced around 1 400 to 1 500 chronograph movements, of which around 250 watches are identified today on the art market or in various publications.
Until 1900, most watches have hunting-case cases (‘savonnette’-type); watches with a minute counter were relatively rare. Thereafter, they were generally fitted with open-face cases (‘découverte’-type) and a 30-minute counter.
The manufacture also produced (around 1900) a few watches with 60-minute and 12-hour counters.
In recent years, it was still possible to order pocket watches with chronograph; delivery took around two years and the price was in excess of CHF 35 000.-
Accessories An Extract from the archives is on order and guaranteed by the sale
Starting bid $12,000
Low Estimate $15,000
High Estimate $30,000
A split-seconds chronograph pocket watch
CASE
Four-piece, ‘bassine’, polished; polished gold cuvette (dome) engraved in taille-douce (fine cut) with the manufacturer’s name and serial number; oval-shaped clipped bow. Cuvette (dome) engraved in taille-douce (fine cut) with the mention ‘Presented / to President / E. W. Houser / by fellow engravers / of the / I.A.M.P.E. / June, 1913’. Case-back engraved in taille-douce (fine cut) with the cypher ‘E W H’.
DIAL
White colour enamel (three-piece), with black painted suspended Arabic ‘Breguet’ numerals (known as ‘HP’ for Heures Penchées or leaning hours); external minute track divided five by five with red painted radiating Arabic numerals and black painted radiating lines; yellow gold ‘Louis XVI’ hands.
MOVEMENT
Calibre 18’’’ CCR, manual-winding, 24 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line equilibrated lever escapement, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, polished steel index-regulator with swan-neck spring and micrometric screw, eight adjustments; chronograph work and split-seconds work on the top plate.
Yellow gold (18-carat), open-face, keyless-winding, round-shaped, pocket watch, with subsidiary seconds at 6 o’clock and three horological complications:
• 1/5 second chronograph (activated by the single round-shaped push-piece located on the crown; start, stop and return to zero functions) with outer ring divided in 60; safety bolt locking the chronograph’s functions (slide at 11:30)
• Split-seconds (activated by the rectangular-shaped push-piece located on the case-band at 10:30; stop and catch-up or reset to zero functions)
• Instantaneous 30-minute counter (subsidiary dial at 12 o’clock)
Winding and time-setting by the crown on the pendant.
What is a chronograph?
A chronograph is a horological mechanism that measures intervals of time with precision.
Unlike an ordinary watch that simply indicates the time, a chronograph has additional functions that allow a time counter to be started, stopped and reset independently of the time indication. These functions are generally activated by push-pieces located on the outside of the watch case.
Chronographs are often used in contexts where the precise measurement of time is important, such as sport, aviation, or even simply as a practical extra function in an everyday watch.
It is now accepted that Louis Moinet (1768-1853) made a first version in 1816, followed in 1821 by Nicolas-Mathieu Rieussec (1781-1866), who gave it the name we use today.
The chronograph in its current form was developed in the early 1880s.
From the early 1930s onwards (c.1933), Patek Philippe began manufacturing in series wristwatches with chronographs and minute counters; initially, around fifty pieces were produced each year, later increasing to around one hundred.
What is a split-seconds chronograph?
A split-seconds chronograph or ‘rattrapante’ is a type of chronograph with two central, superimposed and coaxial hands operated by two push-pieces (or three, depending on the type of construction).
One of the push-pieces controls the split-seconds hand to stop or join the chronograph hand. The other push-piece (or the 2nd and 3rd push-pieces) controls the two hands and all the normal chronograph functions.
The two hands, the chronograph hand and the split-seconds hand, are used to time several events which start simultaneously but have different durations.
To activate the split-seconds chronograph, the two hands are started simultaneously and remain superimposed. At the end of the first period, the split-seconds hand can be stopped while the chronograph hand continues to move. The duration of the first event can be read.
Once the event has been recorded, the split-seconds hand can be reset. It moves instantly, joining up with the chronograph hand and synchronising with it. This means it’s ready to record a new event. At the end of each event, the hands can be stopped and reset to zero.
The split-seconds chronograph in its current form was developed in the early 1880s.
The oldest split-seconds chronograph wristwatch was commercialised in 1922 by Patek Philippe.
From the end of the 1930s (c.1938), Patek Philippe began manufacturing in series wristwatches with split-seconds chronographs and minute counters; initially, around ten pieces were produced each year.
Model made for the American market, retailed by John B. Guttmann, Pensacola, Florida (U.S.A.)
Year circa 1881
Reference -
Movement No. 65 022
Calibre 19’’’ CR, manual-winding, 24 jewels
Case No. 65 022 (by an American casemaker)
Material/s yellow gold (18-carat)
Dimensions Ø 52.20 mm.
Thickness 16.5 mm.
Weight 154.5 gr. (approx.)
Signature dial, case and movement
Accessories Extract from the Archives
Starting bid $15,000
Low Estimate $20,000
High Estimate $40,000
A very unusual split-seconds chronograph pocket watch
CASE
Five-piece, ‘bassine et filets, carrure plate, à gouttes’, polished; polished gold cuvette (dome); second inner gold and glass cuvette (dome) allowing to see the movement; round-shaped clipped bow.
DIAL
White colour enamel (three-piece), regulator-type, with black painted radiating Roman numerals; external minute track divided five by five with red painted radiating Arabic numerals and black painted radiating lines; blued steel ‘Poire’ pear-shaped hands.
MOVEMENT
Calibre 19’’’ CR (ébauche by Piguet Frères, Vallée de Joux), manual-winding, 24 jewels, ¾ plate, nickel-plated with ‘fausses côtes’ decoration, going barrel, straight-line equilibrated lever escapement, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, polished steel index-regulator; chronograph work on the top plate, split-seconds work on the main plate dial side.
The Extract from the Archives, dated 2009, mentions that this watch was made in 1881 and sold on November 10, 1881.
Yellow gold (18-carat), hunting-case, keyless-winding, round-shaped, pocket watch, with subsidiary mean time dial at 3 o’clock (concentric hours and minutes) known as petit tour d’heures, subsidiary seconds at 9 o’clock and two horological complications:
• 1/5 second chronograph (activated by the crown; start, stop and return to zero functions) with outer ring divided in 60
• Split-seconds (activated by the rectangular-shaped push-piece located on the case-band at 1:30; stop and catch-up or reset to zero functions)
Winding by the crown on the pendant and time-setting by releasing a small lever (à targette) located near the dial at 4 o’clock.
The style of pocket watch with regulator-type dial was often made for American custom order timepieces in the early 1880s. The watches typically feature the movement number on the dial and the name of the retailer. Few watches by Patek Philippe are known with this dial configuration and ‘contract’ hunting-case case.
Patek Philippe split-seconds chronograph watches featuring a regulator-type dial, placing the emphasis on the split-seconds chronograph display as opposed to the traditional time display, are extremely rare. To the best of our knowledge, only five examples are known today. Each is thought to differ from the others either by case, the arrangement of the subsidiary dials, horizontally or vertically, both hour- and minute-hand in the small time dial or, as common for watches with regulator-type dials, with central minute-hand.
Bibliography (similar watch)
• Huber, Martin, & Banbery, Alan, Patek Philippe Watches, first edition, p. 150, ill. a-b.
• Huber, Martin, & Banbery, Alan, Patek Philippe Watches, second edition, p. 190, ill. a-b.
• Patek Philippe Museum, Patek Philippe Watches, Vol. I, p. 307.
John B. Guttman, Pensacola, Florida
John B. Guttman owned and operated a jewellery store in Pensacola, Florida, in the late 19th century. Guttman was also an initial partner in the Pensacola Street Car Company, the first entity to operate a streetcar system in Pensacola. With this modernization, Guttman’s clients could more easily access his store.
Model minute-repeater, made for the South American market
Year circa 1910
Reference -
Movement No. 156 929
Calibre 19’’’ RM, manual-winding, extra quality
Case No. 265 286
Material/s pink gold (18-carat)
Dimensions Ø 55.- mm.
Thickness 13.50 mm.
Weight 138.6gr. (approx.) gr. (approx.)
Signature dial, case and movement
Accessories Certificate of origin (photocopy), original fitted box (mahogany), old silver commemorative coin
Starting bid $24,000
Low Estimate $30,000
High Estimate $60,000
CASE
Five-piece ‘demi-bassine à gouttes’, polished; gold cuvette (dome) engraved in taille-douce (fine cut) with the manufacturer’s name and serial number; oval-shaped clipped bow. Inside cover engraved in taille-douce (fine cut) with the mention ‘Al Juez Dr Manuel Lucero / Recuerdo de sus secretarios / Bahia Blanca 1905-1911’ (To Judge Dr. Manuel Lucero / Remembrance of his clerks / Bahia Blanca 1905-1911).
DIAL
White colour enamel (two-piece), with black painted suspended ‘Breguet’ Arabic numerals; external minute track divided five by five with black painted radiating lines; blued steel ‘Poire Stuart’ pear-shaped hands.
MOVEMENT
Calibre 19’’’ RM, manual-winding, probably 31 jewels, nickelplated with ‘fausses côtes’ decoration, going barrel, straight-line equilibrated lever escapement, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, polished steel index-regulator with swan-neck spring and micrometric screw; repeater work on the main plate, under the dial.
The watch is also accompanied by a much older silver medal. This is the ‘Prix de Maison’ awarded by the Société des Arts de Genève to a horological manufacturer in recognition of its five best pocket chronometers in competition at the Geneva Observatory in 1888.
An historical minute-repeater pocket watch
The Watch of Dr. Manual Lucero, Bahia Blanca (Argentina), Argentinian lawyer, journalist, teacher and politician
Pink gold (18-carat), hunting-case, keyless-winding, round-shaped, pocket watch, with subsidiary seconds at 6 o’clock and one horological complication:
• Minute-repeater by two hammers on two steel gongs (rings on demand, ‘repeating at will’, hours, quarters and minutes elapsed; activated by the slide at 5:30)
Winding and time-setting by the crown on the pendant.
The watch presented here is one of the most beautiful hunting-case minute-repeaters known. It is accompanied by its Certificate of origin and its original fitted box.
The icing on the cake is that it comes with a historical medal, a testament to the fine craftsmanship of the Genevan manufacture. Most of these medals are religiously preserved by Patek Philippe in its Geneva museum in two large oval frames displayed on the third floor of this institution.
In addition to all this, the watch has an important historical provenance, as it was once owned by a renowned Argentinean.
The present watch is illustrated in the book on Mr. Ali Nael’s collection.
Bibliography • Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 86-87.
Lucero, Manuel, Dr. (1875-1940) Manuel Lucero is an Argentinian lawyer, journalist, teacher and politician.
He was seven years old when he arrived in Bahia Blanca, in the south-western province of Buenos Aires, on the shores of the Atlantic Ocean. His father was Leónidas Lucero, a medical doctor.
At the age of just 21, he obtained a doctorate in law from the University of Buenos Aires. In 1905, when the Costa Sud courts were set up in the city of Bahia Blanca, he was appointed a civil and commercial judge, before becoming a judge of the Court of Appeal, a position he held until 1922.
He soon became involved in politics, joining the Conservative party. In 1926, he ran for mayor. He was a local councillor and President of the Honorable Concejo Deliberante (Honourable Deliberative Council). He even held interim positions in the executive department.
He has also devoted himself to journalism and runs ‘El Comercio’, an afternoon newspaper. He teaches at the Colegio Nacional and is President of the Colegio de Abogados and a founding member of the Club Argentino.
On hearing of his death, hundreds of neighbours flocked to the family home in Lamadrid 29, where his father had lived. At the funeral, his friends, lawyers Narciso Mallea and Luis Márquez Garabano, councillor Juan Carlos Miranda and media entrepreneur José María Pérez Bustos spoke.
Platinum, Rare Pre-Art Deco, Minute-Repeater, Silver Dial, Roman Numerals
Brand Patek Philippe, Geneva
Model minute-repeater
Year circa 1914
Reference -
Movement No. 174 262
Calibre 17’’’ RM, manual-winding, 29 jewels
Case No. 282 235
Material/s platinum
Dimensions Ø 45.2 mm.
Thickness 9.1mm.
Weight 70.1gr. (approx.)
Signature dial, case and movement
Accessories An Extract from the archives is on order and guaranteed by the sale
Starting bid $30,000
Low Estimate $40,000
High Estimate $80,000
A pre-Art Deco platinum minute-repeater dress-watch
CASE
Four-piece ‘bassine effilée’, polished; platinum cuvette (dome) engraved in taille-douce (fine cut) with the manufacturer’s name and serial number; oval-shaped clipped bow. Case-back engraved and enamelled in champlevé with azure-blue colour cypher ‘J B L’. Cuvette (dome) engraved in taille-douce (fine cut) with the dedication ‘Noël 1914 / Elizabeth’.
DIAL
Silver colour, with black painted radiating Roman numerals; external minute track divided five by five with black painted radiating lines; blued steel ‘Losange squelette’ hands.
MOVEMENT
Calibre 17’’’ RM, manual-winding, 29 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line equilibrated lever escapement, cut bimetallic compensated balance with gold poising screws, blued steel flat hairspring, polished steel indexregulator, eight adjustments; repeater work on the main plate, under the dial.
Platinum, open-face, keyless-winding, round-shaped, pocket watch, with subsidiary seconds at 6 o’clock and one horological complication:
• Minute-repeater by two hammers on two steel gongs (rings on demand, ‘repeating at will’, hours, quarters and minutes elapsed; activated by the slide at 3 o’clock)
Winding and time-setting by the crown on the pendant.
Early Pink Gold, Perpetual Calendar, Moon Phases, Enamel Dial, Roman Numerals
PATEK PHILIPPE C. 1872
Brand Patek Philippe, Geneva
Year circa 1872
Reference -
Movement No. 47 425
Calibre 19’’’ QP, manual-winding, 18 jewels
Case No. 47 425
Material/s pink gold (18-carat)
Dimensions Ø 51mm.
Thickness 16.3mm
Weight 121.5. (approx.)
Signature dial, case and movement
Accessories Extract from the Archives
Starting bid $34,000
Low Estimate $40,000
High Estimate $80,000
CASE
Five-piece ‘bassine et filets à gouttes’, polished; gold cuvette (dome) engraved in taille-douce (fine cut) with the manufacturer’s name and serial number; round-shaped clipped bow. Cover engraved in taille-douce (fine cut) with the cypher ‘R O R’; caseback en suite with the date ‘1915’.
DIAL
White colour enamel (six-piece), with black painted radiating Roman numerals; external minute track divided five by five with black painted radiating lines; blued steel ‘Poire Stuart’ pearshaped hands.
MOVEMENT
Calibre 19’’’ QP, manual-winding, 18 jewels, gilded brass, going barrel, straight-line equilibrated lever escapement, à moustaches, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, polished steel indexregulator; calendar work on the main plate, under the dial.
The Extract from the Archives mentions that the watch was made in 1872 and sold on October 21, 1879.
An early perpetual calendar pocket watch, one of the oldest ever made by the Manufacture Pink gold (18-carat), hunting-case, keyless-winding, round-shaped, pocket watch, with subsidiary seconds at 6 o’clock and five horological complications:
• Perpetual calendar
• Date of the month (subsidiary dial at 6 o’clock)
• Day of the week (subsidiary dial at 9 o’clock; indications given in English)
• Month of the year (subsidiary dial at 3 o’clock; indications given in English)
• Age and phases of the moon (subsidiary dial, graduated from 0 to 29 ½, and aperture at 12 o’clock)
Winding and time-setting by the crown on the pendant.
This watch is one of the oldest perpetual calendar pocket watch ever made by the Genevan manufacture.
Patek Philippe, watches with perpetual calendar From 1865 to the late 1880s, Patek Philippe’s perpetual calendar watches were all slightly different from one another, as the manufacture strove to perfect this horological complication.
In this field, the work of Jean-Adrien Philippe (1815-1894) led to a new invention in the 1880s: the instantaneous and simultaneous jumping of calendar discs.
Patek, Philippe & Co. obtained a Swiss patent for this considerable improvement on May 23, 1889 (No. 1 018).
The system of the present watch, manufactured in 1872, was already equipped with a ‘primitive’ instantaneous device, probably based on a ébauche by D. L. Golay (Geneva or Vallée de Joux). This was one of the steps leading from the perpetual calendar with retrograde date (fly-back) to the invention patented in 1889.
What is a perpetual calendar?
A perpetual calendar is a horological calendar mechanism which, unlike a simple calendar, automatically adjusts the date of the month by taking into account the varying lengths of each month (30 or 31), as well as autocorrecting 29 February in leap years.
Since the 18th century, watchmakers and scientists have succeeded in creating clocks and watches that can give these indications mechanically.
As early as 1924, Audemars Piguet was the first manufacturer to produce wristwatches with a perpetual calendar and moon phases. In 1925, Patek Philippe modified a ladies’ perpetual calendar pendant-watch of its own invention to produce the first instantaneous changing perpetual calendar wristwatch with leap year indication.
From the early 1940s onwards, Patek Philippe began manufacturing in series wristwatches with perpetual calendars, initially, around ten pieces were produced each year (Ref. 1526 and Ref. 1518, the latter with chronograph).
In 1962, Patek Philippe created the first wristwatch with a self-winding perpetual calendar to be produced in series in the history of horology (Cal 27-460 Q, Ref. 3448).
Patek Philippe was in fact the only manufacturer to produce perpetual calendars for decades, even during the quartz crisis of the 1970s. It was not until the 1980s and 1990s that its competitors followed suit. These facts and these watches only add to the reputation of the company – the best watch manufacturer in the world – and have delighted collectors for over forty years.
Ref. 839 J, Unique Yellow Gold, Minute-Repeater, Perpetual Calendar, Moon-Phases
Gold, silvered colour, with black painted radiating Roman numerals; ‘fancy’ uneven external minute track divided five by five with black painted radiating lines; blued steel ‘Feuille leaf-shaped hands.
MOVEMENT
Calibre 19’’’ RM QP, manual-winding, probably 23 jewels, gilded brass, going barrel, straight-line equilibrated lever escapement, à moustaches, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, polished steel index-regulator; repeater work on the main plate, under the dial; calendar work on the main plate, under the dial.
The Extract from the Archives mentions that the watch was made in 1874 and sold on July 19, 1875. It was re-cased on special request in 1962.
The only one known Ref. 839, a one-of-a-kind minute-repeater and perpetual calendar pocket watch
Yellow gold (18-carat), hunting-case, keyless-winding, round-shaped, pocket watch, with subsidiary seconds at 6 o’clock and six horological complications:
• Minute-repeater by two hammers on two steel gongs (rings on demand, ‘repeating at will’, hours, quarters and minutes elapsed; activated by the slide at 5:30)
• perpetual calendar
• Date of the month (subsidiary dial at 6 o’clock)
• Day of the week (subsidiary dial at 9 o’clock; indications given in French)
• Month of the year (subsidiary dial at 3 o’clock; indications given in French)
• Age and phases of the moon (subsidiary dial, graduated from 0 to 29 ½, and aperture at 12 o’clock)
Winding and time-setting by the crown on the pendant.
This watch is one of the rarest pocket watches with six horological complications made by Patek Philippe. It is the only Ref. 839 known to have been produced by the Genevan manufacture, and probably the only one ever built.
The movement was originally manufactured in 1874 and sold in a gold case on July 19, 1875.
In 1962, Patek Philippe re-cased the movement for one of its highly esteemed customers in a new case with modern lines especially designed for this watch.
Like Ref. 3448, the case of this Ref. 839 was made in the workshops of Antoine Gerlach in Geneva (master hallmark number 4; this number inside the Key of Geneva).
Today, collectors of wristwatches and collectors of pocket watches can only admire this magnificent timepiece.
Another interesting feature of this watch is the wavy lines on the external minute track. In our opinion, these uneven lines are not intentional, but rather due to the expansion and contraction of the paint used to make the dial.
This case is very similar in spirit to the brand-new self-winding wristwatch with perpetual calendar, the famous Ref. 3448. At the time, these cases with their clean lines and facets seduced lovers of fine horology.
What is a minute-repeater?
The minute-repeater is a horological mechanism that allows you to tell the time by listening to your watch rather than looking at it.
This function lets you hear the elapsed hours, quarters of an hour and minutes.
The oldest repeating mechanism dates back to 1687. It was developed by Daniel Quare (1648-1724), a London watchmaker. After a ‘royal’ controversy with Edward Barlow (1639-1719), his invention was patented. It rang the hours and quarters on bronze bells. At the end of the 18th century, the bell was replaced by two gongs made from bent steel wire.
Developed in the middle of the 18th century, the minute-repeater remains the most difficult watchmaking mechanism to produce, despite the technological advances made in the industry over the last few decades.
The manual adjustments of all its components are so delicate that only the skill of an experienced master watchmaker can guarantee correct assembly and impeccable fine-tuning of the movement and its sound.
Mahogany, Aluminium And Gilded Metal, Marine Chronometer, Quartz Crystal Controlled, CentreSeconds, Black Dial, Especially Made for Kelvin Hughes, London (Great Britain)
PATEK PHILIPPE
C. 1980-1985
Brand Patek Philippe, Geneva
Retailed by Kelvin Hughes, London (Great Britain)
Year circa 1980-1985
Reference -
Movement No. 979 35/4
Calibre quartz crystal controlled, powered by an AA battery
Material/s mahogany, aluminium, gilded metal
Dimensions 102 x 185 x 220 mm
Weight 2.24 kg. (approx.)
Signature dial, case and movement
Accessories -
Starting bid $2,000
Low Estimate $3,000
High Estimate $6,000
CASE
Two-piece, traditional style with hinged glazed lid. Inside the cabinet, the movement is housed in a cylindrical aluminium case with a screwed cover.
DIAL
Black colour, with white painted suspended Arabic numerals, double numbering (1-12 and 13-00); external minute track divided five by five with phosphorescent dots and outer suspended Arabic numerals (5-60); grey painted ‘Bâton’ hands with phosphorescent tips, red-orange colour second-hand with phosphorescent tip.
MOVEMENT
Calibre with quartz crystal controlled, powered by an AA battery.
Mahogany and gilded metal, quartz crystal controlled, square-shaped, marine chronometer, with centre-seconds, made for Kelvin Hughes, London (Great Britain).
Time-setting by a button on the movement.
This marine chronometer is equally at home on a yacht or in the office of a Patek Philippe timepiece enthusiast. The aesthetics of this creation are quite unique in the history of the Genevan manufacture. Its black dial with rectangular luminescent hands makes the dial easy to read – which was the original aim – and now gives it an unusual and bold presence on a desk.
In the early 1970s, Kelvin Hughes of London is said to have ‘formed a partnership with Patek Philippe to make marine chronometers’. We do not know the exact dates, nor the quantity or serial numbers of these quartz chronometers. In any case, in Geneva, it was the heyday of the manufacture’s Electronics Division.
Little is known about these chronometers. Their components suggest a construction date after 1975. The movements contain a Eurosil 1115 B integrated circuit (also known as Intersil ICM 1115 A) containing dividing circuits dating from 1980. The quartz crystal operates at 4.19 MHz (2 to the power of 22). The movement is powered by an AA battery.
In fact, we believe it is simply a Patek Philippe Naviquartz III model – manufactured from 1973 onwards – mounted in a cabinet and dial designed by Kelvin Hughes.
There have been two versions of the Naviquartz III circuit and the Kelvin Hughes we know are all equipped with the latest type with the quartz crystal oscillating at the highest frequency, 4.19 MHz (Naviquartz III HF).
Patek Phillipe’s Electronics Division sometimes sold its movements alone, notably to Rolex for its ‘Time to the second’ desk-clocks.
These Kelvin Hughes marine chronometers are usually double-signed by Patek Phillipe, but they sometimes bear just the name of the London company.
At the time, Kelvin Hughes also commercialised the Mercer marine chronometer, Ebauche B-1390 Oscilloquartz, bearing only its name.
A specimen of this Kelvin Hughes / Patek Philippe marine chronometer is now kept in London in the collection of the Science Museum of Great Britain.
Kelvin Hughes Ltd., London (Great Britain)
Kelvin Hughes Ltd. was created in 1947 by the merger of two companies with a history going back more than two centuries: one founded by William Thomson, Lord Kelvin, the other by Thomas Hughes, a London watchmaker.
After 1966, Kelvin Hughes became a subsidiary of Smiths, before becoming semi-independent again in 2007. Since 2017, it has been part of Hendsoldt. The company manufactures scientific instruments and specialises in marine and air navigation systems.
Ref. 801
Gilded and Painted Brass, SolarPowered Mechanical Desk-Clock, Gilded Dial, Roman Numerals
Brand Patek Philippe, Geneva
Model ‘Pendulette à énergie lumineuse’
Year circa 1957
Reference -
Movement No. 872 743
Calibre 17-250 E, 29 jewels, powered by a photoelectric-cell fitted inside the top of the cabinet
Case No. 215
Material/s gilded brass, lacquered brass
Dimensions 180 x 183 x 98 mm
Weight 4.82 kg. (approx.)
Signature dial, case and movement
Accessories Extract from the Archives
Multi-piece, in the shape of a half-moon, standing on four feet; on the reverse, a hinged door provides access to the movement.
The cabinet is embellished with various engraved motifs, applied to the painted sides of the dial (red colour // burgundy colour) and the top of the clock; the latter motif, surrounding in particular the photoelectric cell, is decorated in the shape of a radiating sun. DIAL
Gold colour, with black painted radiating Roman numerals; gilded brass ‘Louis XV’ hands.
MOVEMENT
Calibre 17-250 E (based on 17’’’ ‘Gondolo’ ébauche), 18 jewels, gilded brass, going barrel, straight-line equilibrated lever escapement, à moustaches, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve /or/ Gyromax balance, polished steel index-regulator with swan-neck spring and micrometric screw.
Starting bid $15,000
Low Estimate $20,000
High Estimate $40,000
The movement is powered by a photo-electric cell driving a gear train which winds up the barrel spring, all mounted between two plates, with 11 additional jewels (with lithium battery back-up, Ref. CP 300 H).
The Extract from the Archives, mentions that this clock was made in 1957 and sold on May 06, 1959
An unusual ‘Pendulette à énergie lumineuse’ (small clock with light energy)
Gilded brass and painted brass, polish-finished and satin-finished, half-moon-shaped, solar-powered mechanical desk-clock.
Time-setting by a button on the movement.
E, Unique Cloisonné Polychrome
Enamel, Solar-Powered Quartz Dome Desk-Clock, Gilded Dial, ‘Full Set’
PATEK PHILIPPE C. 1991
Brand Patek Philippe, Geneva
Model ‘Pendule Dome’
Year circa 1991
Reference -
Movement No. 1 804 515
Calibre 33 P, quartz, powered by a photoelectric-cell fitted inside the cupola
Accessories Certificate of origin, original fitted box, registration card, instruction manual, hang-tag, a clock Japanese description in a frame; Extract from the Archives
Starting bid $100,000
Low Estimate $100,000
High Estimate $200,000
CASE
Multi-piece, cylindrical-shaped, the top in the shape of a dome (cupola), standing on three vertically fluted feet; The cabinet is embellished with cloisonné polychrome enamel panels depicting the 700th Anniversary of the Swiss Confederation; on the top of the clock, the panel surrounding the photoelectric cell is decorated with a view of the Swiss Alps. The three main panels form a panorama showing the ‘three Confederates’ – Werner Stauffacher for Schwyz, Arnold de Melchtal for Unterwalden and Walter Fürst for Uri – on the Rütli meadow, with an albardier soldier on one side and a standard-bearer soldier on the other.
DIAL
Off-white colour main panel, gilded brass chapter-ring, with black painted radiating Roman numerals and ‘Calatrava’ half-hour indexes; black painted gilded brass skeleton hands. At the four corners of the dial, cloisonné polychrome enamel plaques show the banners of the three original cantons (the bull’s head for Uri, the small white cross for Schwytz, and the keys for Unterwald) and that of the Helvetic Confederation.
MOVEMENT
Calibre 33 P, quartz, powered by a photoelectric-cell fitted inside the cupola.
The enamel panels signed by Luce Chappaz, Geneva. The Extract from the Archives, dated November 12, 2021, mentions that this clock was made in 1991 and sold on January 23, 1992. It was delivered on the Japanese market and sold on September 22, 1996, for the amount of JPY 13 500 000.-
One of the most important anniversary clocks made by Patek, a must have for any dome clock collectors
700e anniversaire de la Confédération Helvétique (700th Anniversary of the Swiss Confederation)
This unique piece was especially made to commemorate the 700th Anniversary of the Swiss Confederation. Its décor shows The Rütli Oath.
Explanations of how to wind a watch movement using a photoelectric cell are given in the note for the previous lot. Here, the movement is quartz and not mechanical; the photocell therefore charges a battery which in turn powers the quartz movement of the clock.
The Rütli Oath (Rütlischwur in German)
Tradition has it that the representatives of the three cantons that created the Helvetic Confederation (future Switzerland) met on the Rütli meadow to conspire against the Habsburgs, the feudal lords.
Situated on the shores of Lake Lucerne, the site is only accessible by boat, making it ideal for a conjuration.
It was the 16th-century historian Aegidius Tschudi who indicated that it was here that the oath was taken on St Martin’s Day 1307, the same year that William Tell refused to salute the hat of Gessler, the Habsburg regional administrator.
But the discovery of a parchment in the early 19th century led to the date being rectified. The solemn pact had been concluded sixteen years earlier, in 1291, and not in winter, but in August, hence the celebration of Swiss National Day on August 1st.
According to tradition, the oath of perpetual solidarity was taken by the ‘three Confederates’, Werner Stauffacher for Schwyz, Arnold de Melchtal for Unterwalden and Walter Fürst for Uri.
And contrary to many rumours, their story did not meet that of the legendary William Tell!
‘Dome clock’ decorated with cloisonné polychrome enamel
The technique used to create this type of decoration, cloisonné polychrome enamel, requires around 20 metres of yellow gold wire.
These wires are soldered onto copper plates or small panels to create the contours of the subjects, which are then filled with enamel. In successive firings, the enameller creates his decoration.
The Genevan manufacture took between eight and twelve months to create this type of clock, which required the intervention of many craftsmen, often independent. Among the enamellers who produced these pieces are:
• Mrs. F. Pellarin-Leroy, Geneva (active since the late 1950s)
• Mr. Michel Deville (1924-2003), Geneva (active from the early 1960s)
• Mrs. Nelly Richard-Fournier (1910-1998), Geneva (active since the early 1970s)
• Mrs. Alice-Marie Secrétan-Barbault (born 1922), Geneva (active since the early 1970s)
• Mrs. Luce Chappaz (born 1932), Geneva (active since the early 1970s)
• Mrs. Elisabeth Kim, Geneva (active since the early 1970s)
• Mrs. Denise Barro-Duc (born 1927), Geneva (active since the late 1970s)
• Mrs. Danielle Wust-Calame (born 1931), Geneva (active since the early 1980s)
• Mrs. Michelle Mauris, Geneva (active since the early 1990s)
3. SHAPED WATCHES
Ref.
J, ‘Exploding Luminescent Numerals’, One of the Largest and Earliest Wristwatches
Brand Patek Philippe, Geneva
Year circa 1919
Reference 11 J
Movement No. 183 115
Calibre 12’’’, manual-winding, 18 jewels
Case No. 287 692
Material/s yellow gold (18-carat)
Bracelet leather strap
Buckle Yellow gold (18k) pin-buckle
Dimensions 43.9 x 30.3mm.
Thickness 10.7 mm.
Signature dial, case and movement
Accessories Extract from the Archives
Starting bid $60,000
Low Estimate $60,000
High Estimate $120,000
Yellow gold (18-carat), manual-winding, vertical rectangular-shaped, curved, early Art Deco oversized gentleman’s wristwatch. CASE
Two-piece, polished, small straight lugs, slightly domed bezel, hinged case-back; polished notched crown. Case-back engraved in taille-douce (fine cut) with the mention ‘To / Sig From Gem / September 1923’.
DIAL
Silver colour, with large radiating and revolving ‘Dauphine’ Arabic luminescent numerals, so-called ‘exploding numerals’; internal minute track divided five by five with black painted radiating lines; blued steel skeletonized luminescent hands.
MOVEMENT
Calibre 12’’’, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, gold train of wheels, straight-line equilibrated lever escapement, à moustaches, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, polished steel index-regulator with swan-neck spring and micrometric screw.
The Extract from the Archives, dated June 24, 2020, mentions that this watch was made in 1919 and sold on October 19, 1922.
One of the largest and earliest wristwatches, one of the best examples known, further morer fresh to the auction market
The watch presented here is one of the finest examples of this reference, and has been preserved in exceptional condition. This is one of only 30 pieces known to date.
Patek Philippe, Reference 11
Wristwatches made during or just after the Second World War are rare. They date from a time when the wearing of wristwatches was just beginning to become widespread.
From 1905-1910, a number of new models appeared as a result of a new way of life in which the first cars and aeroplanes appeared and various sports became more popular.
The Great War and life in the trenches led soldiers of all ranks to use wristwatches rather than their traditional pocket watches. At first, it was generally pocket watches that were transformed or adapted to bracelets that were worn on the wearer’s wrist.
Horological manufactures were therefore quick to develop
new watches to meet this demand. Patek Philippe naturally produced a number of them, some of which were round with ‘officer’ cases, while others were rectangular and of varying sizes.
Oversized watches like this one are extremely rare. They are slightly curved to fit the shape of the wrist. They are generally known as reference 11, because of a book of drawings and photos that contain traces of the first models produced by the Genevan manufacture.
They are generally 30 mm. wide and 40 to 50 mm. high. Their cases are two-piece, usually hinged, and have small welded lugs. Their movements can be with or without small second; the version with subsidiary seconds at 6 o’clock is the rarest. There is a wide variety of dials; these are slightly domed. They bear large Arabic numerals of various kinds, sometimes covered with phosphorescent material.
This oversized version is therefore the eleventh wristwatch model designed by Patek Philippe. Only around thirty have
survived. Today, they are iconic models for collectors of vintage watches.
They are hard to find in very good condition because these watches are now a hundred years old and, unlike pocket watches, they have been worn and are therefore much more subject to signs of wear and tear.
Around 1920-1925, this type of wristwatch was generally sold on the South American market by Gondolo & Labouriau of Rio-de-Janeiro, with a specific movement that met the requirements of the Brazilian retailer; this was the famous ‘Chronometro Gondolo’. This watchmaker and jeweller was active with Patek Philippe between 1902 and the early 1930s, disappearing shortly after the economic crisis of 1929.
However, some of these oversized wristwatches were also commercialised on the North American market, notably by Tiffany & Co. in New York and Spaulding & Co. in Chicago. The dedication in English engraved on the case-back of the watch suggests that it was sold on the North American market.
Bibliography
• Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998, p. 106, ill. 118 and p. 112.
• Patek Philippe Museum, Geneva, Patek Philippe Watches, 2014, vol. II, p. 137.
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 116-117.
Ref. 1484 R, ‘Pink on Pink’, Retailed By E. Gübelin , Lucerne (Switzerland)
PATEK PHILIPPE
C. 1941
Brand Patek Philippe, Geneva
Retailed by E. Gübelin, Luzern / Lucerne (Switzerland)
Two-piece, polished and satin-finished, the lugs extended by two bars that go over the glass which gives a pyramidal effect to the case, snap-on case-back; polished crown.
DIAL
Pink colour, with pink gold applied suspended Roman numerals (III-VI-IX-XII) and dot indexes; pink gold ‘Bâton’ hands.
The Extract from the Archives, dated October 1st, 2019, mentions that this watch was made in 1941 and sold on November 18, 1941.
A rare reference with four pink examples known, this being the only one known with this double signature.
Pink gold (18-carat), manual-winding, vertical rectangular-shaped with square-shaped bezel, Art Deco gentleman’s wristwatch, with lugs extended by two bars going over the glass.
Ref. 2476 R HL, Pink Gold, Curved Lugs, Retailed
By Hausmann
& Co., Rome (Italy)
PATEK PHILIPPE
C. 1952
Brand Patek Philippe, Geneva
Retailed by Hausmann & Co., Rome (Italy)
Year circa 1952
Reference 2476 R HL (Heures Lapidées or lapidated hours)
Movement No. 974 786
Calibre 9-90, manual-winding, 18 jewels
Case No. 512 888 (by Georges Croisier, Geneva)
Material/s pink gold (18-carat)
Bracelet leather strap
Buckle Pink gold (18-carat) pin-buckle, Signed
Dimensions 26 x 39mm.
Thickness 9.6mm.
Signature dial, case and movement
Accessories Extract from the Archives
Starting bid $7,000
Low Estimate $8,000
High Estimate $16,000
CASE
Two-piece, polished and satin-finished, the ends of the bezel become one with the lugs, the whole slightly curved, overhanging and following the shape of the case, snap-on case-back; polished crown. Case-back engraved in taille-douce (fine cut) with the mention ‘La / Banca Nazionale / del Lavoro / al dr. Ignazio Buglioni / di Monale / 1923-53’.
Two-piece, polished and satin-finished, the ends of the bezel become one with the lugs, the whole slightly curved, overhanging and following the shape of the case, snap-on case-back; polished crown.
Calibre 9-90, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, Glucydur screw-balance, self-compensating ‘Breguet’ hairspring, polished steel index-regulator with spring and micrometric screw, adjusted to heat, cold, isochronism and 5 positions.
The Extract from the Archives, dated December 12, 2019, mentions that this watch was made in 1951 and sold on March 14, 1952.
A rare reference in pink gold with around a dozen known in pink gold, this beong only one known with this double signature
Pink gold (18-carat), manual-winding, vertical rectangular-shaped with square-shaped bezel, curved gentleman’s wristwatch, with subsidiary seconds at 6 o’clock.
Ref. 2424 R HL, Pink Gold, Oversized FlameShaped Lugs, Pink Dial, Retailed by Casa Welsch, Lima (Peru); Nicknamed ‘Chioccolatone’
PATEK PHILIPPE
C. 1950
Brand Patek Philippe, Geneva
Retailed by Casa Welsch, Lima (Peru)
Year circa 1950
Reference 2424 R HL (Heures Lapidées or lapidated hours)
Movement No. 955 192
Calibre 10-200, manual-winding, 18 jewels
Case No. 662 789 (by Ponti, Gennari & Cie, Geneva)
Material/s pink gold (18-carat)
Bracelet leather strap
Buckle pink gold (18-carat) pin-buckle
signed
Dimensions 44 x 32 mm.
Thickness 9.2 mm.
Signature dial, case and movement
Accessories Extract from the Archives
Starting bid $20,000
Low Estimate $30,000
High Estimate $50,000
A rare reference, the only one known with this double signature
CASE
Two-piece, polished and satin-finished, inverted stepped bezel with rounded corners, oversized flame-shaped (or teardrop fluted) lugs, snap-on case-back; polished crown.
DIAL
Pink colour, with pink gold applied radiating lapidated indexes; external minute track divided five by five with black painted radiating lines; pink gold ‘Feuille’ leaf-shaped hands.
MOVEMENT
Calibre 10-200, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, Glucydur screw-balance, self-compensating ‘Breguet’ hairspring, polished steel index-regulator with spring and micrometric screw, adjusted to heat, cold, isochronism and 5 positions.
The Extract from the Archives, dated May 07, 2021, mentions that this watch was made in 1950 and sold on June 15, 1951.
Pink gold (18-carat), manual-winding, vertical rectangular-shaped with square-shaped bezel, large gentleman’s wristwatch, with subsidiary seconds at 6 o’clock.
REF. 96 J SC, AN EARLY ‘CALATRAVA’, TWOTONE SECTOR DIAL, ‘FULL SET’
REF. 96 J HL N, YELLOW GOLD, BLACK DIAL, ‘CALATRAVA’, RETAILED BY E. GÜBELIN, LUCERNE (SWITZERLAND)
REF. 565 J HL, ETANCHE, RETAILED BY SERPICO Y LAINO, CARACAS (VENEZUELA)
REF. 565 A SC HP STAINLESS STEEL , ETANCHE, ‘BREGUET’ NUMERALS
REF 570 A , 1ST SERIES, GRANDE
‘CALATRAVA’, TWO-TONE ‘TROPICAL’ DIAL AND ARABIC NUMERALS
RE. 570 A HP, 1ST SERIES, GRANDE
‘CALATRAVA’, EARLY OVERSIZED, STEEL AND ‘BREGUET’ NUMERALS
REF. 570 G SC HL WHITE GOLD ‘CALATRAVA’ IN ‘LIKE NEW’ CONDITION AND FULL SET
REF 592 A N HP, A RARE AND EARLY STEEL ‘CALATRAVA’, BLACK DIAL, ‘BREGUET’ NUMERALS AND SPADE HANDS
REF. 2453 J HP, FAN-SHAPED ELABORATE LUGS. SILVER DIAL AND ‘BREGUET’ NUMERALS 2455 R HL, A RARE PINK GOLD ‘CALATRAVA’, ‘MONOBLOC’ AND LARGE STEPPED LUGS
REF. 2544 J HL , ‘CALATRAVA’, WITH ‘CIRCLE’ DIAL, ARABIC NUMERALS AND LAPIDATED INDEXES; ONE OF THE FOUR KNOWN
REF. 3417 A, AM, STAINLESS STEEL, AMAGNETIC, SILVER DIAL AND ARABIC NUMERAL AT 12 REF 3418 A AM, AMAGNETIC, WATERRESISTANT BLACK ‘TROPICAL’ DIAL AND STAINLESS STEEL BRACELET
Silver colour, two-tone, with yellow gold applied radiating and revolving Arabic numerals (3-6-9-12), black radiating indexes and sector in the centre, external minute track divided five by five with black painted radiating lines, external second track divided with 1/5th of a second with black painted radiating lines; yellow gold ‘Feuille’ leaf-shaped hands.
MOVEMENT
Calibre 12’’’ SC (ébauche by LeCoultre, 1913-1914), manualwinding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, patented polished steel index-regulator with swan-neck spring and precision-regulating device for fast / slow by means of an eccentric snail. Movement based on the French invention patent No. 142 376, delivered on April 16, 1881, to Jean-Adrien Philippe (1815-1894), Geneva, for a ‘régulateur de precision’ (precision regulation device for fast / slow by means of an eccentric snail).
Movement also based on the Swiss invention patent No. 2 680, delivered on September 27, 1890, to Patek, Philippe & Cie, Geneva, for a ‘Remontoir avec mise à l’heure perfectionné’ (the definitive version of the keyless-winding and setting device), and, on the US design patent No. 20 483, delivered on January 13, 1891, to Adrien Philippe, Geneva, for a ‘Watch bridges for WatchMovements’.
The Extract from the Archives, dated September 21, 2020, mentions that this watch was made in 1913 and sold on March 26, 1936.
The letter from Patek Philippe, Geneva, dated March 03, 1989, confirms these fact and mentions that the watch was delivered to Alberto Rocca, Turin (Italy).
Yellow gold (18-carat), manual-winding, round-shaped, gentleman’s wristwatch, with centre-seconds and Art Deco two-tone silver sector dial with Arabic numerals and black painted indexes.
The wristwatch presented here is one of the rarest versions of Ref. 96, with a two-tone sector dial, typical of the Art Deco period, and a movement with direct centre-seconds mechanism, a LeCoultre ébauche modified by the workshop of the Fils de Victorin Piguet, Vallée de Joux. It is in excellent condition.
Produced in 1933-1936, it is part of the first major series of Ref. 96.
Patek Philippe, Reference 96
Launched in 1932, Ref. 96 was produced for more than 40 years, with various movements, either small seconds or central seconds.
Its design embodies the idea of the round wristwatch; the model has also become a distinctive feature of the Genevan manufacture.
This round-shaped wristwatch is fitted with manual-winding 12’’’ movements, generally with subsidiary seconds at 6:
• 1st series, from 1932 to c.1934-1935 and later, with Cal. 12’’’; some of them can be fitted with ‘Chronometro Gondolo’ movements, made on LeCoultre ébauches, with their specifics technical characteristics. They may or may not have subsidiary seconds. Some are later fitted with an indirect centre seconds mechanism.
• 2nd series, from 1934-1935 to c.1953, with Cal. 12-120. Since 1940, they become Ref. 96 HL (Heures Lapidées), bearing gold ‘Dauphine’ hands and applied lapidated indexes.
• 3rd series, from c.1950 to c.1960, with Cal. 12-400.
• 4th series, from c.1960 to c.1973, with Cal. 27-400 AM.
The watches are generally made in yellow gold, more rarely in
pink gold, even more rarely in white gold or in platinum; several examples are made in stainless steel, with sometimes gold bezel.
The three-piece cases, snap-on case-back, were made by different case-makers:
• Gold and platinum versions by Antoine Gerlach, Geneva (master hallmark number 4; this number inside the Key of Geneva).
• Stainless steel versions by Frères Borgel / Manufacture Taubert, Geneva (master hallmark number 11; this number inside the Key of Geneva).
The dial was made by Stern Frères, Geneva.
Around 10 000 examples were produced.
Production can be subdivided as follows:
• Yellow gold (Ref. 96 J), approximately 5 600 pieces, of which around 1 000 pieces are with centre-seconds.
• Pink gold (Ref. 96 R), approximately 1 050 pieces, of which around 160 pieces are with centre-seconds.
• White gold (Ref. 96 G), approximately 120 pieces.
• Platinum (Ref. 96 P), approximately 530 pieces, of which around 10 or 12 pieces are with centre-seconds.
• Stainless steel (Ref. 96 A), approximately 2 700 pieces, of which around 500 pieces are with centre-seconds. 180 to 200 are steel and gold.
The Ref. 96 D (Décor), a variation with ‘Clous de Paris’ (hobnail) bezel, was produced in all series.
The Ref. 96 N (Noir or black), with black dial was also offered in catalogues and pricelists.
In the early 1980s, Ref. 96 disappeared from the company’s catalogues, to be replaced by Ref. 3796 (with sapphire-crystal case-back).
During this decade, the model took on the name ‘Calatrava’, in reference to the company’s commercial logo, which had been in use since the end of the 19th century.
Today, at Patek Philippe, the name ‘Calatrava’ is associated with round watches, while the name ‘Gondolo’ is associated with shaped watches.
Since 2004, the Ref. 5196 is the standard ‘Calatrava’ wristwatch in the current collection (Ø 36 mm.).
Bibliography
• Nael, Ali, Patek Philippe, My Dream Collection, pp. 154159.
Ref. 96 J HL N, Yellow Gold, Black Dial, ‘Calatrava’, Retailed by Gübelin , Lucerne
(Switzerland)
1953
Brand Patek Philippe, Geneva
Retailed by E. Gübelin, Luzern / Lucerne (Switzerland)
Year circa 1953
Reference 96 J N HL (Noir or black; Heures Lapidées or lapidated hours)
Movement No. 722 179
Calibre 12-400, manual-winding, 18 jewels
Case No. 306 231 (by Antoine Gerlach, Geneva)
Material/s yellow gold (18-carat)
Bracelet leather strap
Buckle yellow gold (18-carat) pin-buckle, signed
Dimensions Ø 31 mm x 38.5 mm.
Thickness 7.8 mm.
Signature dial, case and movement
Accessories Extract from the Archives
Starting bid $20,000
Low Estimate $20,000
High Estimate $40,000
A ‘Calatrava’, with black ‘Duco’ lacquer dial, with double signature
CASE
Three-piece, polished, right-angle bezel, ‘tortoise’-shaped concave lugs, snap-on case-back; polished crown. Case-back engraved in taille-douce (fine cut) with the cypher ‘W J.P.’.
DIAL
Black colour, ‘Duco’ lacquer, with yellow gold applied radiating lapidated indexes, external minute track divided five by five with ‘perlé’ beaded and gilded dots; yellow gold ‘Dauphine’ hands.
MOVEMENT
Calibre 12-400, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, Glucydur screw-balance, self-compensating ‘Breguet’ hairspring, polished steel index-regulator with spring and micrometric screw, adjusted to heat, cold, isochronism and 5 positions, Geneva Quality Hallmark (‘Poinçon de Genève’ / Geneva Seal).
The Extract from the Archives, dated March 1st, 2018, mentions that this watch was made in 1953 and sold on March 19, 1954.
Yellow gold (18-carat), manual-winding, round-shaped, gentleman’s wristwatch, with centre-seconds and black ‘Duco’ lacquer dial.
presented
is
The wristwatch
here
one of the rarest versions of Ref. 96, with a black ‘Duco’ lacquer dial. It is in excellent condition. Produced in 1953, it is part of the third major series of Ref. 96.
Ref. 565 J HL, Etanche, Retailed by Serpico Y Laino, Caracas (Venezuela)
Brand Patek Philippe, Geneva
Model so-called ‘Etanche’
Retailed by Serpico y Laino, Caracas (Venezuela)
Year circa 1951
Reference 565 J HL (Heures Lapidées or lapidated hours)
Movement No. 968 521
Calibre 12-120, manual-winding, 18 jewels
Case No. 663 061 (by Frères Borgel, Taubert Manufacture, Geneva)
Material/s yellow gold (18-carat)
Bracelet yellow gold (18-carat), period bracelet
Dimensions Ø 35 mm.
Thickness 9.5 mm.
Signature dial, case and movement
Accessories Extract from the Archives
CASE
Two-piece, polished, bevelled and inclined bezel and concave lugs as one, water-resistant with screwed case-back; polished crown. Case-back stamped with the logo ‘S.&L.’.
DIAL
Silver colour, with yellow gold applied radiating lapidated indexes, external minute track divided five by five with ‘perlé’ beaded and dots; yellow gold ‘Dauphine’ hands.
MOVEMENT
Calibre 12-120, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, Glucydur screw-balance, self-compensating ‘Breguet’ hairspring, polished steel index-regulator with spring and micrometric screw; movement protected by a cap against dust and humidity.
The Extract from the Archives, dated September 12, 2019, mentions that this watch was made in 1951 and sold on November 3rd, 1951.
Starting bid $30,000
Low Estimate $30,000
High Estimate $70,000
The first large water-resistant wristwatch reference produced by the Manufacture, one of three known in yellow gold with this doube signature.
Yellow gold (18-carat), manual-winding, round-shaped, gentleman’s wristwatch, with subsidiary seconds at 6 o’clock and waterresistant case.
The wristwatch presented here is one of the only three known with this retailer personalisation.
Patek Philippe, Reference 565
Reference 565 is launched in 1938 and remains in production until 1952.
The model with centre-seconds is launched in 1939 (Ref. 565 SC).
This round-shaped wristwatch is fitted with several manualwinding 12’’’ movements:
With subsidiary seconds at 6:
• 1st series, from 1938 to c.1950, with Cal. 12-120.
• 2nd series, from c.1950 to c.1952, with Cal. 12-400
With centre-seconds (the reference here becomes Ref. 565 SC):
• 1st series, from 1938 to c.1950, with Cal. 12-120 SCi (indirect centre-seconds, hand-made by the workshop of the Fils de Victorin Piguet, Le Sentier, Vallée de Joux)
• 2nd series, from c.1949 to c.1952, with Cal. 27 SC (direct centre-seconds)
The movement is protected by a cap against dust and humidity.
The watch is generally made in yellow gold, in pink gold, and in stainless steel.
The two-piece water-resistant with screwed case-back, was made by Frères Borgel / Manufacture Taubert, Geneva (master hallmark number 11; this number inside the Key of Geneva).
Most of the dials were made by Stern Frères, Geneva.
Depending on the period in which the dials were produced, there are dials with ‘long’ and ‘short’ signatures. The 1948 date is generally accepted as the date of change.
Approximately 1 000 pieces were made in total, with a large variety of dials, generally with lapidated indexes (HL, Heures Lapidées or lapidated hours), sometimes with ‘Breguet’ Arabic numerals (HP, Heures Penchées or leaning hours).
The following have already appeared on the art market:
• Ref. 565 R SC, 1st series, pink gold with Cal. 12-120 SCi: 2 pieces (incl. 2 HP)
• Ref. 565 R SC, 2nd series, pink gold with Cal. 27 SC: 1 piece
• Ref. 565 A SC, 1st series, stainless steel with Cal. 12-120 SCi: 19 pieces (incl. 9 HP)
• Ref. 565 A SC, 2nd series, stainless steel with Cal. 27 SC: 12 pieces (incl. 8 HP)
Ref. 565 was the first large water-resistant watch produced by the manufacture (the Ref. 438, a small ‘Calatrava’, was launched in 1935). It is then replaced in the 1950s by Ref. 2533 (subsidiary seconds) and Ref. 2532 (centre-seconds).
In 1938, Ref. 565 A was listed at 380 Swiss francs. In 1939, Ref. 565 A SC was listed at 470 Swiss francs. It should be noted that while these prices were the lowest on the
list published at the time, they were also simple watches (time-only), made of stainless steel in other words, with no horological complications or precious metal case. For comparative purposes, in 1938, Ref. 565 J was listed for 710 Swiss francs.
The watch is today nicknamed ‘Etanche’ by collectors.
Bibliography
• Goldberger, John, Patek Philippe Steel Watches, 2010, pp. 165-195.
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 162-191.
Serpico y Laino, Caracas (Venezuela)
The watchmaking company Serpico y Laino was founded in 1925 by Vicente Laino and Leopoldo Serpico.
During the 1930s, it forged a solid reputation in South America. The company quickly expanded its product range to include luxury watches from renowned brands such as Omega, Rolex and Patek Philippe.
In the 1950s, the company prospered, benefiting from a rich clientele of European expatriates, and the boutique became very famous.
In 1966, after decades of success, the founders sold the company to a group of local investors. Despite this change in ownership, Serpico y Laino continued to maintain its high standards and offer luxury watches to its loyal clientele.
In the 1980s and 1990s, the company diversified its offer by adding jewellery and other luxury products to its catalogue.
Ref. 565 A SC HP , Stainless Steel , Etanche, Centre-Seconds ‘Breguet’ Numerals
Brand Patek Philippe, Geneva
Model so-called ‘Etanche’
Retailed by on the North American market
Year circa 1945
Reference 565 A SC HP (Seconde au Centre or Second at the Centre; Heures Penchées or leaning hours)
Movement No. 864 651
Calibre 12-120 SCi, manual-winding, 18 jewels
Case No. 639 971 (by Frères Borgel, Taubert Manufacture, Geneva)
Material/s stainless steel
Bracelet leather strap
Buckle stainless steel pin-buckle, signed
Dimensions Ø 36 mm.
Thickness 11.4 mm.
Signature dial, case and movement
Accessories Extract from the Archives
Starting bid $50,000
Low Estimate $60,000
High Estimate $120,000
CASE
Two-piece, polished, bevelled and inclined bezel and concave lugs as one, water-resistant with screwed case-back; polished crown. Case-back engraved with the name ‘S. N. Leshin’.
DIAL
Silver colour, with stainless steel applied suspended ‘Breguet’ Arabic numerals, external minute track divided five by five, with 1/5th of a second, with black painted radiating lines; stainless steel ‘Feuille’ leaf-shaped hands.
MOVEMENT
Calibre 12-120 SCi, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, Glucydur screw-balance, self-compensating ‘Breguet’ hairspring, polished steel index-regulator with spring and micrometric screw; indirect centre-seconds mechanism; movement protected by a cap against dust and humidity. Movement stamped ‘PXP’, the American importer’s code for Patek Philippe, indicating that this watch was retailed on the US market.
The Extract from the Archives, dated November 3rd, 2020, mentions that this watch was made in 1945 and sold on May 6, 1946.
The first large water-resistant wristwatch reference produced by the Manufacture, with centre-seconds and ‘Breguet’ Arabic numerals
Stainless steel, manual-winding, round-shaped, gentleman’s wristwatch, with centre-seconds and water-resistant case.
The wristwatch presented here is in excellent condition.
Bibliography
• Goldberger, John, Patek Philippe Steel Watches, 2010, pp. 165-195.
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 162-191.
US Import Codes
At the beginning of the 20th century, new customs regulations relating to horology were applied in the United States of America, involving new taxes on the import of watches.
A code is assigned to the American importer. It may also be the US subsidiary of a foreign manufacturer. The result is a long list of three-letter codes that are stamped on Swiss and European watch movements.
Examples include the following brands:
• ‘AYP’, for Audemars Piguet
• ‘BOL’, for Lemania Watch Co.
• ‘EXU’, for European Watch & Clock Co. (the Cartier manufacturer)
• ‘LXJ’, for LeCoultre puis Jaeger-LeCoultre
• ‘OXG’, for Omega
• ‘PXP’, for Patek Philippe
• ‘ROW’, for Rolex and Tudor
• ‘VXN’, for Vacheron & Constantin (and at one time for LeCoultre)
• ‘ZFX’, for Zenith
The ‘HOX’ code regularly used by I.W.C. (International Watch Co.) and Universal Genève was also used by Patek Philippe in the 1950s and 1960s.
Ref 570 A , 1st Series, Grande ‘Calatrava’, TwoTone ‘Tropical’ Dial
Silver colour, two-tone, with stainless steel applied suspended Arabic numerals (2-4-8-10-12) dot indexes, external minute track divided five by five with black painted radiating lines and external black painted radiating and revolving Arabic numerals (15-30-4560); stainless steel ‘Bâton’ hands.
MOVEMENT
Calibre 12-120, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, cut bimetallic compensated balance, blued steel hairspring with terminal curve, polished steel index-regulator with spring and micrometric screw.
The Extract from the Archives, dated August 31, 2020, mentions that this watch was made in 1944 and sold on August 22, 1944.
Starting bid $140,000
Low Estimate $180,000
High Estimate $360,000
A large ‘Calatrava’, with silver two-tone dial and Arabic numerals.
Stainless steel, manual-winding, round-shaped, large gentleman’s wristwatch, with subsidiary seconds at 6 o’clock and silver two-tone dial.
The wristwatch presented here is extremely rare. Fewer than two dozen Ref. 570 A models from the 1st series (Cal. 12120) have so far been identified on the art market, and this is the only one with a silver two-tone ‘tropical’ dial with Arabic numerals.
Patek Philippe, Reference 570 Reference 570 is launched in 1938 and remained in production until the early 1970s.
This round-shaped watch (Ø 35.5 mm. to 37 mm.) is fitted with several manual-winding 12’’’ movements:
With subsidiary seconds at 6 o’clock:
• 1st series, from 1938 to c.1952, with Cal. 12-120
• 2nd series, from 1950 to c.1960, with Cal. 12-400
• 3rd series, from c.1960 to c.1972, with Cal. 27-400 AM
With centre-seconds (the reference here becomes Ref. 570 SC):
• 1st series, from c.1939 to c.1950, with Cal. 12-120 SCi (indirect central seconds, hand-made by the workshop of the Fils de Victorin Piguet, Le Sentier, Vallée de Joux);
• 2nd series, from 1949 to c.1972, with Cal. 27 SC (direct centre-seconds).
Ref. 570 is the second large ‘Calatrava’ to be produced in series (the first being Ref. 530).
Its design – shape and proportions – is directly inspired by Ref. 96 (launched in 1932-1933), from which it differs only in size (a diameter of 35.5 to 37 mm. instead of 30.5 to 31 mm.) and in the distance between the lugs (20 mm. instead of 18 mm.). These are three-body watches (separate case-band, caseback and bezel). Ref. 96 and Ref. 570 have a flat (right-angled) bezel.
The three-piece case, snap-on case-back, was made by Antoine Gerlach (master hallmark number 4; this number inside the Key of Geneva).
Most of these cases were made in yellow gold, more rarely in pink or white gold, and even more rarely in platinum or stainless steel. A few early examples (late 1930s and early 1940s) were produced with a two-tone case.
Most of the dials were made by Stern Frères. They are generally silvered, sometimes gold, champagne or black, with applied gold Arabic numerals and alternating radiant or ball indexes. Some dials have ‘Breguet’ numerals (referred to by the Manufacture as HP, Heures Penchées or leaning hours). As with many references from the Art Deco period and the 1940s, there are a multitude of dial types, some of which are two- or three-tone. In the 1950s and 1960s, the dials had lapidated
indexes, generally in the shape of a shell, positioned applied in a radial fashion (referred to by the Manufacture as HP, Heures Lapidées or lapidated hours).
Depending on the period in which the dials were produced, there are dials with ‘long’ and ‘short’ signatures. The 1948 date is generally accepted as the date of change.
Ref. 530, mentioned above, is chronologically (by just a few months) the elder sister of Ref. 570. This reference, more or less the same size (to within a few tenths of a millimetre), is distinguished from its younger sibling by its bezel with a concave rather than right-angled profile. The case is produced by Georges Croisier (master hallmark number 5; this number inside the Key of Geneva).
Approximately 1 000 pieces were made in total.
The following have already appeared on the art market:
With subsidiary seconds at 6:
• Ref. 570 J, 1st series, yellow gold with Cal. 12-120: 44 pieces (18-carat) and 6 pieces (14-carat)
• Ref. 570 R SC, 1st series, pink gold with Cal. 12-120 SCi: 6 pieces
• Ref. 570 R SC, 2nd series, pink gold with Cal. 27 SC: 7 pieces
• Ref. 570 G SC, 1st series, white gold with Cal. 12-120 SCi: 0
• Ref. 570 G SC, 2nd series, white gold with Cal. 27 SC: 72 piece
• Ref. 570 P SC, 1st series, platinum with Cal. 12-120 SCi: 0
• Ref. 570 P SC, 2nd series, platinum with Cal. 27 SC: 8 pieces
• Ref. 570 A SC, 1st series, stainless steel with Cal. 12-120 SCi: 4 pieces
• Ref. 570 A SC, 2nd series, stainless steel with Cal. 27 SC: 1 piece
During the war period or just after it, we sometimes come across Ref. 530s (Cal. 10-200) which are catalogued as Ref. 570s because of the change in their bezels: flat (right-angled) instead of concave.
This period remains unclear as to the exact ordering of the series and sub-series that can be imagined for the various references. For the purposes of the study of references 570, these watches must currently be listed as pre-series.
It should be noted that fluctuations in the price of gold and the Swiss franc during this period led to many subtle variations, particularly in the cost price and weight of the cases, which had a direct impact on the thickness and length of the lugs.
Today, we can see that the construction of the cases of Ref. 530 and Ref. 570 was entrusted in those troubled times to several other case-makers, including Edouard Wenger (master hallmark number 1; this number inside the Key of Geneva), notably for the stainless steel cases.
In these times of crisis, despite its neutrality, Switzerland mobilised in successive waves almost all of its male population on the borders of its territory, resulting in a temporary labour shortage in the professional world of the time (offices, factories, workshops and various trades), as well as in the rural world.
As with other Patek Philippe references, the series and variations described here enable enlightened enthusiasts to build ensembles of remarkable watches, sometimes with pieces whose configuration is absolutely unique (metal of the case, movement and declination of the dial and hands).
Ref. 570 – like Ref. 530 – is known to collectors as the ‘Grande Calatrava’.
Since 2004, the Ref. 5196 is the standard ‘Calatrava’ wristwatch in the current collection (Ø 36 mm.).
Bibliography
• Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998, pp. 169-170.
• Goldberger, John, Patek Philippe Steel Watches, 2010, pp. 100-121.
• Patek Philippe Museum, Geneva, Patek Philippe Watches, 2014, vol. II, pp 331, 332 and 335.
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 182-205.
Re. 570 A HP,
1st Series, Grande ‘Calatrava’, Early Oversized, Stainless Steel and ‘Breguet’ Numerals
Brand Patek Philippe, Geneva
Model so-called ‘Grande Calatrava’ Year circa 1942
Reference 570 A HP (Heures Penchées or leaning hours) (1st series)
Silver colour, with stainless steel applied suspended ‘Breguet’ Arabic numerals, external minute track divided five by five with ‘perlé’ beaded dots; stainless steel ‘Feuille’ leaf-shaped hands.
MOVEMENT
Calibre 12-120, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, cut bimetallic compensated balance, blued steel hairspring with terminal curve, polished steel index-regulator with spring and micrometric screw.
The Extract from the Archives, dated May 14, 2013, mentions that this watch was made in 1942 and sold on May 21, 1942.
A large ‘Calatrava’, with silver dial and ‘‘Breguet’’ Arabic numerals, only one known.
Stainless steel, manual-winding, round-shaped, large gentleman’s wristwatch, with subsidiary seconds at 6 o’clock and silver dial with ‘Breguet’ Arabic numerals.
The wristwatch presented here is extremely rare. Fewer than two dozen Ref. 570 A models from the 1st series (Cal. 12-120) have so far been identified on the art market, and this is the only one with a silver dial with ‘Breguet’ Arabic numerals; some others are two- or three-tone.
Ref. 570 G SC HL , White Gold ‘Calatrava’, ‘Like New’ condition, Full Set
Brand Patek Philippe, Geneva
Model so-called ‘Grande Calatrava’
Year circa 1965
Reference 570 G SC HL (Seconde au Centre or Second at the Centre; Heures Lapidées or lapidated hours) (2nd series)
Movement No. 711 692
Calibre 27 SC, manual-winding, 18 jewels
Case No. 318 618 (by Antoine Gerlach, Geneva)
Material/s white gold (18-carat)
Bracelet leather strap
Buckle white gold (18-carat) pin-buckle, signed
Dimensions Ø 35 mm.
Thickness 9.3 mm.
Signature dial, case and movement
Accessories Certificate of origin, original fitted box, hang-tag; Extract from the Archives
Silver colour, with white gold applied radiating indexes, external minute track divided five by five with ‘perlé’ beaded dots; white gold ‘Bâton’ hands.
MOVEMENT
Calibre 27 SC, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, Glucydur screw-balance, self-compensating ‘Breguet’ hairspring, polished steel index-regulator with spring and micrometric screw, adjusted to heat, cold, isochronism and 5 positions, Geneva Quality Hallmark (‘Poinçon de Genève’ / Geneva Seal); direct centre-seconds mechanism.
The Extract from the Archives, dated March 13, 2015, mentions that this watch was made in 1965 and sold on October 26, 1965.
A large ‘Calatrava’, with centre-seconds, silver dial and lapidated indexes, ‘Full Set’, ‘like New’
White gold (18-carat), manual-winding, round-shaped, large gentleman’s wristwatch, with centre-seconds and silver dial with lapidated indexes.
The wristwatch presented here is very rare. This is one of the best examples seen on the art market, with its original label (hang tag), box and papers. It is in excellent condition.
This version is equipped with a Cal. 27 SC movement (with direct centre-seconds), which replaced the Cal. 12-120 SCi (with indrect centre-seconds) around 1949-1950.
Ref
592
A N HP, Early Stainless Steel ‘Calatrava’, Black Dial, ‘Breguet’ Numerals and Spade Hands
Brand Patek Philippe, Geneva
Year circa 1941
Reference 592 A N HP (Noir or black; Heures Penchées or leaning hours)
Movement No. 921 297
Calibre 12-120, manual-winding, 18 jewels
Case No. 507 502 (by Georges Croisier, Geneva)
Material/s stainless steel
Bracelet leather strap
Buckle stainless steel pin-buckle, signed
Dimensions Ø 33 mm.
Thickness 9.6 mm.
Signature dial, case and movement
Accessories Extract from the Archives
Starting bid $50,000
Low Estimate $60,000
High Estimate $120,000
CASE
Three-piece, polished, rounded profile case-band, concave lugs, bezel forming a double bulge with the case-band, snap-on caseback; polished crown.
DIAL
Black colour, ‘Duco’ lacquer, with yellow gold applied suspended ‘Breguet’ Arabic numerals, external minute track divided five by five with gold painted radiating lines; gold painted signature; yellow gold ‘Poire’ pear-shaped hands.
MOVEMENT
Calibre 12-120, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, cut bimetallic compensated balance, blued steel hairspring with terminal curve, polished steel index-regulator with spring and micrometric screw, adjusted to heat, cold, isochronism and 5 positions, Geneva Quality Hallmark (‘Poinçon de Genève’ / Geneva Seal).
The Extract from the Archives, dated February 25, 2020, mentions that this watch was made in 1941 and sold on November 22, 1941.
A unique wristwatch with black ‘Duco’ lacquer dial and ‘Breguet’ Arabic numerals
Stainless steel, manual-winding, round-shaped, gentleman’s wristwatch, with subsidiary seconds at 6 o’clock and black ‘Duco’ lacquer dial with ‘Breguet’ Arabic numerals.
The wristwatch presented here is one of the rarest versions of Ref. 592, with a black ‘Duco’ lacquer dial and ‘Breguet’ Arabic numerals. It is in excellent condition.
Patek Philippe, Reference 592 Reference 592 is launched in 1938 and remained in production until circa 1945.
This round-shaped wristwatch (Ø 33 mm. without crown) is fitted with two manual-winding 12’’’ movements:
• 1st series, with Cal. 12-120 (subsidiary seconds at 6).
• 2nd series, with Cal. 12-120 SCi (indirect centre-seconds, hand-made by the workshop of the Fils de Victorin Piguet, Le Sentier, Vallée de Joux) (the reference here becomes Ref. 592 SC).
The watch is generally made in yellow gold, in pink gold or in stainless steel.
The three-piece cases, snap-on case-back, were made by different case-makers:
• Gold versions by E. & C. Nardin, La Chaux-de-Fonds (master hallmark number 143; this number inside the hammer head of the Neuchâtel mountains).
• Stainless steel version by Georges Croisier, Geneva (master hallmark number 5; this number inside the Key of Geneva).
The dial was made by Stern Frères, Geneva.
Around 400 examples were produced.
Production can be subdivided as follows:
• Yellow gold (Ref. 592 J), approximately 130 pieces, of which around 15 appeared on the art market (incl. 1 SC)
• Pink gold (Ref. 592 R), approximately 130 pieces, of which around 14 appeared on the art market (incl. 2 SC)
• Stainless steel (Ref. 592 A), approximately 130 pieces, of which around 11 appeared on the art market
The watch is today nicknamed ‘33 mm.’ by collectors.
Bibliography
• Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998, p. 182, ill. 290.
• Goldberger, John, Patek Philippe Steel Watches, 2010, pp. 94-95.
‘Duco’ lacquer
‘Duco’ lacquer is a topcoat used in the past for watch dials.
It was developed and marketed by the American company DuPont in the 1920s and was initially widely used in the automotive industry for bodywork finishes. ‘Duco’ is a registered trademark used in other industries, including furniture and horology.
It is a nitrocellulose lacquer, composed of nitrocellulose dissolved in a solvent, usually cellulose nitrate mixed with alcohol and other additives. It has been widely used in the horological industry for its ability to create smooth, shiny finishes on watch dials and its ability to dry quickly. Its final appearance is reminiscent of high-temperature enamel dials (known as ‘grand feu’).
This coating offered several advantages. It was scratch-resistant, durable and offered excellent adhesion to the metal bases of the dials. It also allowed for a wide variety of colours and finishes, giving watchmakers greater flexibility in dial design. However, black is still the colour most often used.
Over time, the use of ‘Duco’ lacquer has declined due to the emergence of new technologies and materials. However, ‘Duco’ lacquer remains associated with a specific period of twentieth-century watchmaking (1930-1960) and is considered part of the horological heritage.
It is important to note that ‘Duco’ lacquer contains potentially dangerous chemical compounds, such as cellulose nitrate, and that its use in the manufacture of dials required precautions to be taken, as did the use of radium and then tritium.
E.I. du Pont de Nemours & Company – commonly known as DuPont & Co. or just DuPont – was founded in 1802 by Eleuthère Irénée du Pont de Nemours (1771-1834), a French-American chemist and industrialist. His descendants formed one of the wealthiest families of the 19th century, with generations of influential businessmen, politicians and philanthropists. Initially manufacturing gunpowder, between 1902 and 1940 the company expanded its activities to include chemical research. The company specialised in the development and production of various chemicals and materials, and became one of the largest chemical companies in the world.
Ref. 1491 J HL, ‘Ricciolone’ Retailed by Beyer, Zürich, (Switzerland)
Three-piece, polished and satin-finished, cylindrical profile caseband with concave lower section, bevelled bezel, curved lugs made from a single piece with scrolled horns, snap-on case-back; polished crown.
DIAL
Silver colour, with yellow gold applied radiating lapidated indexes, external minute track divided five by five with ‘perlé’ beaded and gilded dots; yellow gold ‘Dauphine’ hands.
MOVEMENT
Calibre 12-120, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, Glucydur screw-balance, self-compensating ‘Breguet’ hairspring, polished steel index-regulator with spring and micrometric screw, adjusted to heat, cold, isochronism and 5 positions, Geneva Quality Hallmark (‘Poinçon de Genève’ / Geneva Seal).
The Extract from the Archives, dated November 2015, mentions that this watch was made in 1944 and sold on June 06, 1944.
A wristwatch, with unusual lugs and double signature confirmed by the Extract from the Archives
Yellow gold (18-carat), manual-winding, round-shaped, gentleman’s wristwatch, with subsidiary seconds at 6 o’clock and unusual lugs.
The wristwatch presented here is the only one known with the Beyer double signature. It is in excellent condition.
Patek Philippe, Reference 1491 Reference 1491 is launched in 1940 and remained in production until circa 1965.
This round-shaped wristwatch is fitted with several manual-winding 12’’’ movements:
With subsidiary seconds at 6:
• 1st series, from 1940 to 1947, with Cal. 12-120; dial with applied numerals and black painted indexes.
• 2nd series, from 1942 to 1950, with Cal. 12-120; dial with applied lapidated indexes (HL, Heures Lapidées) and ‘Dauphine’ hands.
• 3rd series, from 1950 to 1960, with Cal. 12-400 or Cal. 12400 AM (anti-magnetic).
• 4th series, from 1960 to c.1965, with Cal. 27-AM 400 (anti-magnetic).
With centre-seconds (the reference here becomes Ref. 1491 SC):
• 1st series, from 1943 to c.1949, with Cal. 12-120 SCi (in-
direct centre-seconds, hand-made by the workshop of the Fils de Victorin Piguet, Le Sentier, Vallée de Joux).
• 2nd series, from c.1949 to c.1965, with Cal. 27-SC (direct centre-seconds).
The watch is generally made in yellow gold, more rarely in pink gold. Only one example in white gold is known.
The three-piece case, snap-on case-back, was made by François Markowsky, Geneva (master hallmark number 8; this number inside the Key of Geneva).
The dial was made by Stern Frères, Geneva.
Depending on the period in which the dials were produced, there are dials with ‘long’ and ‘short’ signatures. The 1948 date is generally accepted as the date of change.
Around 400 pieces were made.
The watch is today nicknamed ‘Scrolled lugs’ or ‘Ram’s Horns’ or ‘Ricciolino’ by collectors.
A Ref. 1491 fitted with the Cal. 13-130 CC, with chronograph and 30-minute counter, was made on special request in 1942 (Ø 35.1 mm.).
Bibliography
• Chapuis, Alfred, La Montre Suisse, 1945, (Ref. 1491 SCi).
• Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998, p. 177 (maybe a Ref. 1510).
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 206-207.
Beyer, Zürich (Switzerland) Chronométrie Beyer, located in Zurich, Switzerland, is one of the oldest watch retailers in the world.
The workshop was founded in 1760 by Theodor Beyer. Initially, he focused on the repair and sale of clocks and watches.
Throughout the 19th and 20th centuries, the Beyer family continued to run the business, building on its reputation for quality products and services. The shop moved several times during this period to accommodate the company’s growth.
In 1870, the company became the official watchmaker to the Zurich Observatory.
In 1953, the Beyer Uhrenmuseum was inaugurated. It houses an impressive collection of antique watches and clocks, bearing witness to the history of horology through the centuries.
From the 1960s onwards, under the leadership of Theodor Beyer, the company continued to prosper, incorporating modern innovations while maintaining its horological traditions.
In the 2000s, Chronométrie Beyer remains a family business, run by René Beyer, representing the eighth generation of the Beyer family at the head of the company. The boutique continues to be a symbol of tradition and quality in Zürich.
Beyer has been working with Patek Philippe for over 100 years and is still one of its best retailers today
Reference 2453 J HP (Heures Penchées or leaning hours)
Movement No. 953 515
Calibre 10-200, manual-winding, 18 jewels
Case No. 656 852 (by Francis Baumgartner, Geneva)
Material/s yellow gold (18-carat)
Bracelet leather strap
Buckle yellow gold (18-carat)
aftermarket pin-buckle
Dimensions Ø 33 mm.
Thickness 7.5 mm.
Signature dial, case and movement
Accessories Extract from the Archives
Starting bid $12,000
Low Estimate $15,000
High Estimate $30,000
CASE
Two-piece, polished and satin-finished, rounded profile caseband extended by a stepped flat inclined bezel, wide overhanging stepped fan-shaped inverted lugs (or in the shape of lily petals), snap-on case-back; polished crown.
DIAL
Silver colour, with yellow gold applied suspended ‘Breguet’ Arabic numerals, external minute track divided five by five with ‘perlé’ beaded dots; yellow gold thin ‘Feuille’ leaf-shaped hands.
MOVEMENT
Calibre 10-200, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, Glucydur screw-balance, self-compensating ‘Breguet’ hairspring, polished steel index-regulator with spring and micrometric screw, adjusted to heat, cold, isochronism and 5 positions.
Movement stamped ‘HOX’, the American importer’s code for Patek Philippe, indicating that this watch was retailed on the US market.
The Extract from the Archives, dated September 1st, 2020, mentions that this watch was made in 1949 and sold on May 22, 1950.
A wristwatch, with unusual lugs and ‘Breguet’ Arabic numerals, the only one known in this configuration
Yellow gold (18-carat), manual-winding, round-shaped, gentleman’s wristwatch, with subsidiary seconds at 6 o’clock and unusual lugs.
The wristwatch presented here is the only one known with the ‘Breguet’ Arabic numerals. It is in excellent condition.
Bibliography
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 230-231.
Patek Philippe, Reference 2453
Reference 2453 is launched in 1950 and remained in production until circa 1953.
This round-shaped wristwatch is fitted with a 10’’’ roundshaped movement, the manual-winding Cal. 10-200.
The watch is generally made in yellow gold, more rarely in pink gold.
The two-piece, snap-on case-back, was made by Francis Baumgartner, Geneva (master hallmark number 2; this number inside the Key of Geneva).
The dial was made by Stern Frères.
Around 150 pieces were produced, of which 16 pieces appeared on the art market (incl. one with ‘Breguet’ Arabic numerals).
The watch is today nicknamed ‘Stepped Foliage Lugs’ by collectors.
Bibliography
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 230-231.
US Import Codes
At the beginning of the 20th century, new customs regulations relating to horology were applied in the United States of America, involving new taxes on the import of watches.
A code is assigned to the American importer. It may also be the US subsidiary of a foreign manufacturer. The result is a long list of three-letter codes that are stamped on Swiss and European watch movements.
Examples include the following brands:
• ‘AYP’, for Audemars Piguet
• ‘BOL’, for Lemania Watch Co.
• ‘EXU’, for European Watch & Clock Co. (the Cartier manufacturer)
• ‘LXJ’, for LeCoultre puis Jaeger-LeCoultre
• ‘OXG’, for Omega
• ‘PXP’, for Patek Philippe
• ‘ROW’, for Rolex and Tudor
• ‘VXN’, for Vacheron & Constantin (and at one time for LeCoultre)
• ‘ZFX’, for Zenith
The ‘HOX’ code regularly used by I.W.C. (International Watch Co.) and Universal Genève was also used by Patek Philippe in the 1950s and 1960s.
2455 R HL, Pink Gold ‘Calatrava’, ‘Monobloc’, Large Stepped Lugs
PHILIPPE C. 1953
Brand Patek Philippe, Geneva
Year circa 1953
Reference 2455 R HL (Heures Lapidées or lapidated hours) (2nd series)
Two-piece, polished, bevelled profile case-band with a recess in the side, extended by a wide stepped flat inclined bezel, wide overhanging lugs with the same recess, snap-on case-back; polished crown.
DIAL
Silver colour, with pink gold applied radiating lapidated indexes, external minute track divided five by five with ‘perlé’ beaded dots; yellow gold ‘Dauphine’ hands.
MOVEMENT
Calibre 12-400, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, polished steel index-regulator with spring and micrometric screw.
The Extract from the Archives, dated June 27, 2024, mentions that this watch was made in 1953 and sold on May 14, 1954.
Starting bid $6,000
Low Estimate $7,000
High Estimate $14,000
An unusual and rare wristwatch
Pink gold (18-carat), manual-winding, round-shaped, gentleman’s wristwatch, with subsidiary seconds at 6 o’clock and unusual caseband profile and lugs.
This round-shaped wristwatch is fitted with two manual-winding 12’’’ movements:
With subsidiary seconds at 6:
• 1st series, from 1950 to 1952, with Cal. 12-120
• 2nd series, from 1952 to 1957, with Cal. 12-400
The watch is generally made in yellow gold, more rarely in pink gold.
The two-piece, snap-on case-back, was made by Francis Baumgartner, Geneva (master hallmark number 2; this number inside the Key of Geneva).
Production can be subdivided as follows:
• Yellow gold (Ref. 2455 J), approximately 200 pieces, of which around 20 appeared on the art market (incl. 12 from the 2nd series).
• Pink gold (Ref. 2455 R), approximately 50 pieces, of which around 5 appeared on the art market )incl. 1 from the 2nd series).
Bibliography
• Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998
Patek Philippe, Reference 2455 Reference 2455 is launched in 1950 and remained in production until circa 1957.
The dial was made by Stern Frères. Around 250 pieces were produced.
Ref. 2544 J HL , ‘Calatrava’, with ‘Circle’ Dial, Arabic Numerals and Lapidated Indexes; One of the Four Known
PATEK PHILIPPE C. 1954
Brand Patek Philippe, Geneva
Year circa 1954
Reference 2544 J HL (Heures Lapidées or lapidated hours)
Movement No. 724 053
Calibre 12-400, manual-winding, 18 jewels
Case No. 683 259 (by Charles Dubois & Cie, Le Locle)
Material/s yellow gold (18-carat)
Bracelet leather strap
Buckle yellow gold (18-carat) pin-buckle, signed
Dimensions Ø 35 mm.
Thickness 9.8 mm.
Signature dial, case and movement
Accessories Extract from the archives
CASE
Three-piece, polished and satin-finished, frustoconical profile case-band, wide flat inclined bezel, large ‘tonneau’-shaped lugs, snap-on flat case-back; polished crown. Case-back engraved in taille-douce (fine cut) with the name ‘Russel Rooks’.
DIAL
Silver colour, with yellow gold applied suspended Arabic numerals (3-9-12) and radiating lapidated indexes, inner sunk circle, external minute track divided five by five with ‘perlé’ beaded dots; yellow gold ‘Dauphine’ hands.
MOVEMENT
Calibre 12-400, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, Glucydur screw-balance, self-compensating ‘Breguet’ hairspring, polished steel index-regulator with spring and screw, adjusted to heat, cold, isochronism and 5 positions, Geneva Quality Hallmark (‘Poinçon de Genève’ / Geneva Seal).
Starting bid $10,000
Low Estimate $10,000
High Estimate $20,000
The Extract from the Archives, dated August 13, 2024, mentions that this watch was made in 1954 and sold on August 05, 1955.
An unusual wristwatch; one of the three known with the ‘circle’ dial, one of the four known in yellow gold.
Yellow gold (18-carat), manual-winding, round-shaped, gentleman’s wristwatch, with subsidiary seconds at 6 o’clock and unusual lugs.
The wristwatch presented here is one of only five Ref. 2544s identified on the art market; one of the rarest Patek Philippe ‘time-only’ wristwatches of the period. It is one the four known in yellow gold and one of the three known with the ‘circle’ dial. It is in very good condition.
Patek Philippe, Reference 2544 Reference 2544 is launched in 1954 and remained in production until circa 1956.
This round-shaped wristwatch is fitted with a 12’’’ roundshaped movement, the manual-winding Cal 12-400.
The watch is generally made in yellow gold, more rarely in pink gold.
The three-piece case, snap-on case-back, was made by Charles Dubois & Cie, Le Locle (master hallmark number 170; this number inside the hammer-head of the Neuchâtel mountains).
The dial was made by Stern Frères, Geneva, with an inner sunk circle.
Less 100 pieces were made.
Production can be subdivided as follows:
• Yellow gold (Ref. 2544 J), approximately 75 pieces, of which four appeared on the art market
• Pink gold (Ref. 2544 R), approximately 25 pieces, of which only one appeared on the art market
This watch is so-called ‘Fat boy’ by collectors, because of its oversize shape and heavy ‘tonneau’ lugs giving the watch a much more barrel shape than most of the watches produced by the Genevan manufacture at the time.
Bibliography
• Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998.
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 256-257.
Ref. 2482 J SC HL , Centre-Seconds, Two-Tone Dial
and Overhanging ‘Claw Lugs’
PATEK PHILIPPE
C. 1955
Brand Patek Philippe, Geneva
Year circa 1955
Reference 2482 J SC HL (Seconde au Centre or Second at the Centre Heures Lapidées or lapidated hours)
Movement No. 704 233
Calibre 27-SC, manual-winding, 18 jewels
Case No. 684 863 (by E. & C. Nardin, La Chaux-de-Fonds)
Material/s yellow gold (18-carat)
Bracelet leather strap
Buckle yellow gold (18-carat) pin-buckle, signed
Dimensions Ø 35 mm.
Thickness 10.4 mm.
Signature dial, case and movement
Accessories Extract from the Archives
Starting bid $15,000
Low Estimate $18,000
High Estimate $36,000
An unusual centre-seconds wristwatch, with two-tone dial
Silver colour, two-tone, with yellow gold applied suspended Arabic numerals (6-12) and radiating lapidated indexes, internal minute track divided five by five, with 1/5th of a second, with black painted radiating lines; yellow gold ‘Bâton’ hands.
MOVEMENT
Calibre 27 SC, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, polished steel index-regulator with spring and micrometric screw; direct centre-seconds mechanism.
The Extract from the Archives, dated December 10, 1992, mentions that this watch was made in 1955 and sold on November 17, 1955.
Yellow gold (18-carat), manual-winding, round-shaped, gentleman’s wristwatch, with centre-seconds and unusual lugs.
The wristwatch presented here is in very good condition.
Patek Philippe, Reference 2482 Reference is launched in 1950 and remained in production until circa 1960.
This round-shaped wristwatch is fitted with a 12’’’ roundshaped movement, the manual-winding Cal 27 SC, with direct centre-seconds.
The watch is generally made in yellow gold, more rarely in pink gold.
The three-piece case, snap-on case-back, was made by E. & C. Nardin, La Chaux-de-Fonds (master hallmark number 143; this number inside the hammer-head of the Neuchâtel mountains).
The dial was made by Stern Frères, Geneva.
Around 600 pieces were made.
Production can be subdivided as follows:
• Yellow gold (Ref. 2482 J), approximately 500 pieces
• Pink gold (Ref. 2482 R), approximately 100 pieces
This reference was also made in very few examples with polychrome cloisonné enamel dials, under Ref. 2482 DE (Décor Email or enamel décor).
This watch is so-called ‘King Size’ or ‘Claw Lugs’ by collectors.
Bibliography
• Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998, pp. 205 and 210.
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 236-237.
Ref. 2570 / 1 R AM , Anti-Magnetic, Pink Gold Bracelet, ‘Full Set’
PATEK PHILIPPE
C. 1958
Brand Patek Philippe, Geneva
Model ‘Amagnetic’ (Amagnétique)
Retailed by Unión Suiza, Barcelona and Madrid (Spain)
Year circa 1958
Reference 2570-1 R AM (Amagnetic)
Movement No. 728 621
Calibre 12-400 AM, manual-winding, 18 jewels
Case No. 697 213 (by Edouard Wenger, Geneva)
Material/s pink gold (18-carat)
Bracelet Pink gold (18 carat) period bracelet
Signature dial, case and movement
Accessories Certificate of origin with its envelope, original fitted box, Extract from the Archives
Starting bid $70,000
Low Estimate $80,000
High Estimate $160,000
An anti-magnetic ‘tool’ wristwatch, ‘Full Set’
CASE
Two-piece, polished, cylindrical profile case-band with concave low part extended by a wide flat inclined bezel, slightly down turned bevelled lugs, water-resistant with screwed case-back; polished ‘Calatrava’ crown.
DIAL
Silver colour, with pink gold applied suspended Arabic numerals (3-9-12), square pyramidal-shaped index at 6 o’clock and radiating thin indexes, external minute track divided five by five with ‘perlé’ beaded dots; ‘Amagnetic’ mention at 12 o’clock; pink gold ‘Feuille’ leaf-shaped hands.
MOVEMENT
Calibre 12-400 AM, manual-winding, 18 jewels, rhodiumplated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement (with gold lever), Glucydur screw-balance, self-compensating ‘Breguet’ hairspring, polished steel indexregulator with spring and micrometric screw, adjusted to heat, cold, isochronism and 5 positions, Geneva Quality Hallmark (‘Poinçon de Genève’ / Geneva Seal); movement protected inside a permalloy soft nickel-iron calotte (protective container) against magnetic fields.
The Extract from the Archives, dated December 17, 2019, mentions that this watch was made in 1958 and sold on June 30, 1959.
Pink gold (18-carat), manual-winding, round-shaped, anti-magnetic gentleman’s wristwatch, with subsidiary seconds at 6 o’clock, water-resistant, with movement protected against magnetic fields
The wristwatch presented here has impeccable provenance, remarkable state of preservation, full documentation and a removable metal bracelet. This watch is a true collector’s item that will satisfy the most demanding desires of the most discerning collectors.
Patek Philippe, Reference 2570 and Reference 2570-1, ‘Amagnetic’
Reference 2570 is launched in 1955 and remained in production until circa 1968.
It was listed in the Manufacture’s commercial catalogues until 1983; it was manufactured on special request.
It is the first anti-magnetic wristwatch produced in series by Patek Philippe, specifically dedicated to an unstable magnetic environment. These wristwatches were designed especially for radiologists, atomic physicists and engineers.
It’s a real ‘tool watch’ that not only has an anti-magnetic movement (like some other references of the time) but is built with a double internal case made of two soft nickel-iron parts (a calotte or protective container in permalloy). This is designed to protect the movement from the harmful effects of magnetic fields.
Their antimagnetic nature was mentioned on the dials with the word ‘Amagnetic’. In the early 1960s, with the introduction of new non-magnetic balances, this inscription disappeared.
In 1958, Ref. 2570-1 was offered to customers at a price of 1 475 Swiss francs.
This round-shaped wristwatch is fitted with two manual-winding 12’’’ movements:
Under Ref. 2570:
• 1st series, from 1955 to 1958, with earlier Cal. 12-400 AM (anti-magnetic to 450 œrsteds).
Under Ref. 2570-1:
• 1st series, from 1958 to c.1961, with Cal. 12-400 AM (anti-magnetic to 450 œrsteds); the most seen.
• 2nd series, since c.1960, with Cal. 27-AM 400 (anti-magnetic to 450 œrsteds).
The watch, produced in small quantities, is generally made in yellow gold, more rarely in pink gold (the cases were only produced until 1960-1961).
The two-piece case, screwed case-back, was made by Edouard Wenger, Geneva (master hallmark number 1; this number inside the Key of Geneva).
The dial was made by Stern Frères, Geneva.
Around 450 pieces were made.
Production can be subdivided as follows:
Ref. 2570:
• Yellow gold (Ref. 2570 J), less 100 pieces, of which around 5 appeared on the art market
• Pink gold (Ref. 2570 R), less 20 pieces, of which none appeared on the art market
Ref. 2570-1:
• Yellow gold (Ref. 2570-1 J), approximately 250 pieces, of which around 25 appeared on the art market
• Pink gold (Ref. 2570-1 R), approximately 80 pieces, of which around 5 appeared on the art market
The watch is today nicknamed ‘Amagnetic’ or ‘AMAG’ by collectors.
Main differences between Ref. 2570 and Ref. 2570-1:
• Lugs: on Ref. 2570, they are parallel with two descending angles; on Ref. 2570-1, they are more voluptuous and slightly bevelled on the outside.
• Crown: on Ref. 2570, it is completely outside the caseband; on Ref. 2570-1, it is slightly integrated into the case-band.
Bibliography
• Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998, p. 192, ill. 305, p. 193, ill. 309, and p. 194.
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 264-269.
Ref. 3410 J AM,
Anti-Magnetic, Silver Dial, Retailed by Beyer, Zürich (Switzerland)
Silver colour, with yellow gold applied radiating thin indexes, external minute track divided five by five with black painted radiating lines; ‘Amagnetic’ mention at 12 o’clock; yellow gold ‘Bâton’ hands.
MOVEMENT
Calibre 27-AM 400, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement (with gold lever), free-sprung Gyromax balance, self-compensating ‘Breguet’ hairspring, adjusted to heat, cold, isochronism and 5 positions, Geneva Quality Hallmark (‘Poinçon de Genève’ / Geneva Seal).
The Extract from the Archives, dated April 28, 2006, mentions that this watch was made in 1962 and sold on April 11, 1963.
An antimagnetic flat wristwatch, the only one known with Beyer double signature
Yellow gold (18-carat), manual-winding, round-shaped, anti-magnetic gentleman’s wristwatch, with subsidiary seconds at 6 o’clock.
The wristwatch presented here is the only one known with ‘Amagnetic’ inscription and Beyer double signature.
Patek Philippe, Reference 3410, ‘Amagnetic’ Reference 3410 is launched in 1959 and remained in production until circa 1963.
It was listed in the Manufacture’s commercial catalogues until 1983; it was manufactured on special request.
It is the second anti-magnetic wristwatch produced in series by Patek Philippe, specifically dedicated to an unstable magnetic environment. These wristwatches were designed especially for radiologists, atomic physicists and engineers.
Their antimagnetic nature was mentioned on the dials with the word ‘Amagnetic’. In the early 1960s, with the introduction of new non-magnetic balances, this inscription disappeared.
In 1962, Ref. 3410 was offered to customers at a price of 1 195 Swiss francs.
This round-shaped wristwatch is fitted with two manual-winding 12’’’ movements:
With subsidiary seconds at 6:
• 1st series, from 1958 to 1960, with Cal. 12-400 AM (anti-magnetic to 450 œrsteds)
• 2nd series, from 1960 to c.1963 at least, with Cal. 27-AM 400 (anti-magnetic to 450 œrsteds)
The watch is generally made in yellow gold, more rarely in pink gold or white gold.
The two-piece case, snap-on case-back, was made by Edouard Wenger, Geneva (master hallmark number 1; this number inside the Key of Geneva).
The dial was made by Stern Frères, Geneva.
Around 1 400 to 1 500 watches were made.
Production can be subdivided as follows:
• Yellow gold (Ref. 3410 J), approximately 1 300 pieces, of which around 70 appeared on the art market
• Pink gold (Ref. 3410 R), less 100 pieces, of which only 5 appeared on the art market
• White gold (Ref. 3410 G), less 70 pieces, of which only 3 appeared on the art market
1st series are much rarer, around 15 % of the total.
The watch is today nicknamed ‘Flat Amagnetic’ or ‘AMAG’ by collectors.
This reference differs from the very similar and more expensive Ref. 3420 launched at the same time, which is half a millimetre smaller, with a heavier case profile, a slightly larger crown and straighter lugs.
Bibliography
• Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998, p. 194.
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 270-273.
Beyer, Zürich (Switzerland)
Chronométrie Beyer, located in Zurich, Switzerland, is one of the oldest watch retailers in the world.
The workshop was founded in 1760 by Theodor Beyer. Initially, he focused on the repair and sale of clocks and watches.
Throughout the 19th and 20th centuries, the Beyer family continued to run the business, building on its reputation for quality products and services. The shop moved several times during this period to accommodate the company’s growth.
In 1870, the company became the official watchmaker to the Zurich Observatory.
In 1953, the Beyer Uhrenmuseum was inaugurated. It houses an impressive collection of antique watches and clocks, bearing witness to the history of horology through the centuries.
From the 1960s onwards, under the leadership of Theodor Beyer, the company continued to prosper, incorporating modern innovations while maintaining its horological traditions.
In the 2000s, Chronométrie Beyer remains a family business, run by René Beyer, representing the eighth generation of the Beyer family at the head of the company. The boutique continues to be a symbol of tradition and quality in Zürich.
Beyer has been working with Patek Philippe for over 100 years and is still one of its best retailers today.
Ref. 3417 A, AM, Stainless Steel, Amagnetic, Silver Dial and Arabic Numeral at 12
Case No. 2 633 177 (by Jean Vallon, La Chaux-de-Fonds)
Material/s stainless steel
Bracelet leather strap
Buckle white gold (18k) aftermarket pin-buckle
Dimensions Ø 35 mm. 43.4 x 35 mm.
Thickness 10.6 mm.
Weight 46.8 gr. (approx.)
Signature dial, case and movement
Accessories Extract from the Archives
Starting bid $20,000
Low Estimate $24,000
High Estimate $48,000
CASE
Two-piece, polished, cylindrical case-band with flat inclined low part extended by a wide flat inclined bezel, straight-line lugs, water-resistant with screwed case-back; polished ‘Calatrava’ crown.
DIAL
Silver colour, with stainless steel applied suspended Arabic numeral at 12 o’clock and radiating thin lapidated indexes, external minute track divided five by five with ‘perlé’ beaded dots; stainless steel ‘Bâton’ hands.
MOVEMENT
Calibre 27-AM 400, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement (with gold lever), free-sprung Gyromax balance, self-compensating ‘Breguet’ hairspring, adjusted to heat, cold, isochronism and 5 positions, Geneva Quality Hallmark (‘Poinçon de Genève’ / Geneva Seal); movement protected inside a permalloy soft nickel-iron calotte (protective container) against magnetic fields.
The Extract from the Archives, dated March 11, 2021, mentions that this watch was made in 1972 and sold on December 30, 1975.
Stainless steel, manual-winding, round-shaped, anti-magnetic gentleman’s wristwatch, with subsidiary seconds at 6 o’clock, waterresistant, with movement protected against magnetic fields.
The wristwatch presented here is in excellent condition.
Patek Philippe, Reference 3417, ‘Amagnetic’ Reference 3417 is launched in 1958 and remains in production until 1968.
Produced only in stainless steel, it is the first stainless steel anti-magnetic wristwatch produced in series by Patek Philippe, specifically dedicated to an unstable magnetic environment. These wristwatches were designed especially for radiologists, atomic physicists and engineers.
It’s a real ‘tool watch’ that not only has an anti-magnetic movement (like some other references of the time) but is built with a double internal case made of two soft nickel-iron parts (a calotte or protective container in permalloy). This is designed to protect the movement from the harmful effects of magnetic fields.
Their antimagnetic nature was mentioned on the dials with the word ‘Amagnetic’. In the early 1960s, with the introduction of new non-magnetic balances, this inscription disappeared.
In 1961, Ref. 3417 A was offered to customers at a price of 900 Swiss francs; by way of comparison, at the same date, Ref. 3410, an anti-magnetic model in gold cost 1 195 Swiss francs, and, Ref. 96 in gold cost 1 000 Swiss francs. The price difference is minimal, when it should be double because of the precious metal case.
This round-shaped wristwatch is fitted with the several manual-winding 12’’’ movements:
With subsidiary seconds at 6:
• 1st series, from 1958 to 1959, with earlier Cal. 12-400 AM (anti-magnetic to 450 œrsteds)
• 2nd series, from 1959 to 1961 at least, with Cal. 12-400 AM (anti-magnetic to 450 œrsteds)
• 3rd series, from 1960 to 1968 at least, with Cal. 27-AM 400 (anti-magnetic to 450 œrsteds)
As mentioned above, the watch was made in stainless steel only.
The two-piece case, screwed case-back, was made by Jean Vallon, canton of Neuchâtel (master hallmark ‘JV’).
The dial was made by Stern Frères, Geneva.
Around 950 pieces were produced.
Production can be subdivided as follows:
• 1st series, approximately 150 pieces, of which around 18 appeared on the art market
• 2nd series, approximately 350 pieces of which around 38 appeared on the art market
• 3rd series, approximately 450 pieces, of which around 54 appeared on the art market
The first watches were delivered with aluminium hands, while the rest of the production run features polished steel hands.
There are two types of dial, with or without the word ‘Amagnetic’ placed at 12 o’clock under the Arabic numeral 12.
The watch is today nicknamed ‘Amagnetic’ or ‘AMAG’ by collectors.
Bibliography
• Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998, p. 194.
• Goldberger, John, Patek Philippe Steel Watches, 2010, pp. 342-349.
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 276-281.
Ref 3418 A AM, Amagnetic, Water-Resistant, Black ‘Tropical’ Dial, Stainless Steel Bracelet
Brand Patek Philippe, Geneva
Year circa 1957
Reference 3418 A N (Noir or black) (1st series)
Movement No. 727 978
Calibre 12-400, manual-winding, 18 jewels
Case No. 2 605 818 (by Jean Vallon, Canton of Neuchâtel)
Two-piece, polished, cylindrical case-band with frustoconical low part extended by a wide flat inclined bezel, without lugs, waterresistant with screwed flat case-back and additional screwed steel ring; polished ‘Calatrava’ crown. Stainless steel integrated but convertible bracelet ‘à petites mailles’ and ‘belt-buckle’ clasp (made by Cornu & Cie, La Chaux-de-Fonds).
DIAL
Black colour, ‘tropical’, with stainless steel applied radiating ultrathin indexes, external minute track divided five by five with greywhite painted radiating lines; aluminium ‘Bâton’ hands.
MOVEMENT
Calibre 12-400 AM, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, Glucydur screw-balance, self-compensating ‘Breguet’ hairspring, polished steel index-regulator with spring and micrometric screw, adjusted to heat, cold, isochronism and 5 positions, Geneva Quality Hallmark (‘Poinçon de Genève’ / Geneva Seal).
Movement stamped ‘HOX’, the American importer’s code for Patek Philippe, indicating that this watch was retailed on the US market.
The Extract from the Archives, dated May 14, 2019, mentions that this watch was made in 1957 and sold on April 30, 1959.
A water-resistant thin wristwatch, with integrated but convertible bracelet
Stainless steel, manual-winding, round-shaped, thin gentleman’s wristwatch, with subsidiary seconds at 6 o’clock, water-resistant, with stainless steel integrated but convertible bracelet.
The wristwatch presented here is in excellent condition.
Patek Philippe, Reference 3418 and Reference 3419 Reference 3418 is launched in 1958 and remains in production until 1962.
Reference 3419 is launched in 1960 and remains in production until 1963.
Produced exclusively in stainless steel, both represents an attempt to produce a thin water-resistant wristwatch with a screwed case-back. Contrary to popular belief, this watches are not thru anti-magnetic models, like Ref. 3417.
Reference 3418 A:
• 1st series, from 1958 to 1960, with Cal. 12-400 or with Cal. 12-400 AM (anti-magnetic).
• 2nd series, from 1960 to 1962, with Cal. 27-400 or Cal. 27-AM 400 (anti-magnetic).
Reference 3419 A:
• Unique series: from 1960 to 1963, with Cal. 27-400 or Cal. 27-AM 400 (anti-magnetic).
As indicated above, the watches are made exclusively of stainless steel.
The two-piece cases, screwed case-back, were made by Jean Vallon, Canton of Neuchâtel.
The dial was made by Stern Frères, Geneva.
Around 1 000 watches were made in total.
Production can be subdivided as follows:
Reference 3418 A:
• 1st series, approximately 200 pieces, of which around 40 appeared on the art market.
• 2nd series, approximately 400 pieces, of which around 20 appeared on the art market.
Reference 3419 A:
• Unique series: approximately 400 pieces, of which around 40 appeared on the art market
One watch exists with a blue dial, made in 1958 and sold in 1959 (Ref. 3418 A, 1st series), with a metal bracelet (see, Nael, 2021, pp. 284-285)
The first watches were delivered with aluminium hands, while the rest of the production run features polished steel hands.
The watch is today nicknamed ‘Convertible’ by collectors.
Bibliography
• Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998, p. 194.
• Goldberger, John, Patek Philippe Steel Watches, 2010, pp. 338-339.
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 282-285.
Ref. 3418 was marketed with a metal bracelet. Around 1960, a version with a leather strap appeared and became Ref. 3419. Ref. 3419 therefore seems to us to be more an evolution of Ref. 3418 than a truly distinct model. The bracelets of both watches are fitted in a special way, allowing them to be easily interchanged.
In this design, the case-back is fitted with a steel ring that can be unscrewed without unscrewing the part of the case-back that protects the movement. This allows the wearer to change the bracelet or the strap themselves. The leather strap version has two steel parts (in which the two pieces of leather are fixed) that fit under this ring.
In 1961, Ref. 3418 A was offered to customers in the US market at a price of 350 US dollars, with or without convertible metal bracelet.
This round-shaped wristwatches are fitted with two manual-winding 12’’’ calibres:
With subsidiary seconds at 6:
Re. 2551 G HL, Self-Winding, Water-Resistant, White Gold Bracelet by Ponti Gennari
PATEK PHILIPPE
C. 1958
Brand Patek Philippe, Geneva
Year circa 1958
Reference 2551 G HL (Heures Lapidées or lapidated hours)
Movement No. 766 146
Calibre 12-600 AT, self-winding, 30 jewels
Case No. 2 601 871 (by Edouard Wenger, Geneva)
Material/s white gold (18-carat)
Bracelet rremovable white gold bracelet, by Ponti Gennari
Buckle white gold (18-carat) clasp
Dimensions Ø 36 mm.
Thickness 10.6 mm.
Signature dial, case and movement
Accessories Extract from the Archives
Starting bid $60,000
Low Estimate $70,000
High Estimate $140,000
CASE
Two-piece, polished, rounded profile case-band extended by a concave stepped bezel, wide stepped lugs, water-resistant with screwed case-back; polished double inverted ‘P’ crown. Caseback engraved in taille-douce (fine cut) with the mention ‘G.L.C / 1959’.
DIAL
Silver colour, with white gold applied radiating lapidated indexes, external minute track divided five by five with ‘perlé’ beaded dots; white gold ‘Dauphine’ hands.
MOVEMENT
Calibre 12-600 AT, self-winding, 30 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, free-sprung Gyromax balance, self-compensating ‘Breguet’ hairspring, adjusted to heat, cold, isochronism and 5 positions, Geneva Quality Hallmark (‘Poinçon de Genève’ / Geneva Seal); yellow gold (18-carat) central rotor.
The Extract from the Archives, dated February 28, 2001, mentions that this watch was made in 1958 and sold on September 07, 1959.
Ref. 2551 G HL (Heures Lapidées or lapidated hours), self-winding, water-resistant case, concave stepped bezel, stepped lugs, silver dial, lapidated indexes, removable white gold bracelet by Ponti Gennari, ‘type F’; nicknamed ‘Stepped Automatic’ or ‘Fluted Lugs & Case Band’ by collectors; white gold (18-carat).
A large self-winding wristwatch, extremely rare in white gold
White gold (18-carat), self-winding, round-shaped, gentleman’s wristwatch, with subsidiary seconds at 6 o’clock and removable white gold bracelet.
The watch presented here is one of the eight known on the 24 estimated made in white gold. It’s in excellent condition.
Patek Philippe, Reference 2551 Reference 2551 is launched in 1954 and remained in production until circa 1960.
This round-shaped wristwatch is fitted with a 12’’’ roundshaped movement, the self-winding Cal. 12-600 AT (automatic), with yellow gold (18-carat) central rotor.
The watch is generally made in yellow gold, more rarely in pink gold, even more rarely in white gold or in platinum.
The two-piece, screwed case-back, was made by Edouard Wenger, Geneva (master hallmark number 1; this number inside the Key of Geneva).
The dial was made by Stern Frères, Geneva.
The model is fitted with the double inverted ‘P’ crown.
Over 1 000 pieces were produced.
Production can be subdivided as follows:
• Yellow gold (Ref. 2551 J), approximately 1 110 pieces, of which around 115 appeared on the art market
• Pink gold (Ref. 2551 R), approximately 240 pieces, of which around 24 appeared on the art market
• White gold (Ref. 2551 G), approximately 24 pieces, of which around 8 appeared on the art market
• Platinum (Ref. 2551 P), approximately 15 pieces, of which around 5 appeared on the art market
This is one of the 14 references in which Patek Philippe has employed the Cal. 12 600 AT. In terms of quantity, it is the second reference, after Ref. 2526, in which this movement is used.
In 1960, this reference was replaced by Ref. 3433, the same watch but equipped with the new Cal. 24-760.
In 1958, Ref. 2551 in yellow or rose gold was offered for 1 940
The watch is today nicknamed ‘Stepped Automatic’ or ‘Fluted Lugs & Case Band’ by collectors.
Bibliography
• Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998, p. 214 .
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 298-299.
Swiss francs, while in white gold it was sold for 2 255 Swiss francs.
Ref. 2552 G HL, White Gold, Self-Winding , Water-Resistant, ‘Flying Saucer’
Brand Patek Philippe, Geneva
Year circa 1955
Reference 2552 G HL (Heures Lapidées or lapidated hours)
Movement No. 762 443
Calibre 12-600 AT, self-winding, 30 jewels
Case No. 690 971 (by Edouard Wenger, Geneva)
Material/s white gold (18-carat)
Bracelet leather strap
Buckle white gold (18-carat) pin-buckle
Dimensions Ø 36 mm.
Thickness 10.2 mm.
Signature dial, case and movement
Accessories Extract from the Archives
Starting bid $70,000
Low Estimate $70,000
High Estimate $140,000
A large self-winding wristwatch, extremely rare in white gold
CASE
Two-piece, polished, rounded profile case-band extended by a flat inclined stepped bezel, wide curled down lugs, waterresistant with screwed case-back; polished double inverted ‘P’ crown.
DIAL
Silver colour, with white gold applied radiating lapidated indexes, external minute track divided five by five with ‘perlé’ beaded dots; white gold ‘Dauphine’ hands.
MOVEMENT
Calibre 12-600 AT, self-winding, 30 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, free-sprung Gyromax balance, self-compensating ‘Breguet’ hairspring, adjusted to heat, cold, isochronism and 5 positions, Geneva Quality Hallmark (‘Poinçon de Genève’ / Geneva Seal); yellow gold (18-carat) central rotor.
The Extract from the Archives, dated August 31, 2020, mentions that this watch was made in 1955 and sold on May 28, 1956.
White gold (18-carat), self-winding, round-shaped, gentleman’s wristwatch, with subsidiary seconds at 6 o’clock.
The watch presented hire is one of the four known on the 12 estimated made in white gold. It’s in excellent condition.
Patek Philippe, Reference 2552 Reference 2552 is launched in 1954 and remained in production until circa 1960.
This round-shaped wristwatch is fitted with a 12’’’ roundshaped movement, the self-winding Cal. 12-600 AT (automatic), with yellow gold (18-carat) central rotor.
The watch is generally made in yellow gold, more rarely in pink gold, even more rarely in white gold or in platinum.
The two-piece, screwed case-back, was made by Edouard Wenger, Geneva (master hallmark number 1; this number inside the Key of Geneva).
The dial was made by Stern Frères, Geneva.
The model is fitted with the double inverted ‘P’ crown.
Around 650 examples were produced.
Production can be subdivided as follows:
• Yellow gold (Ref. 2552 J), approximately 580 pieces, of which 58 appeared on the art market
• Pink gold (Ref. 2552 R), approximately 50 pieces, of which only one appeared on the art market
• White gold (Ref. 2552 G), approximately 12 pieces, of which only 3 appeared on the art market
• Platinum (Ref. 2552 P), approximately 30 pieces, of which 7 appeared on the art market
This is one of the 14 references in which Patek Philippe has employed the Cal. 12 600 AT. In terms of quantity, it is the third reference, after Ref. 2526 and Ref 2551, in which this movement is used.
The watch is today nicknamed ‘Flying Saucer’ by collectors.
Bibliography
• Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998, p. 214.
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 300-301.
Re. 3445 G, White Gold, Self-Winding, WaterResistant, White Gold Bracelet by Gay Freres
Two-piece, polished and satin-finish, cylindrical case-band with flat inclined low part extended by a stepped lapidated bezel, straight lapidary lugs with one facet downwards, water-resistant with screwed case-back; polished ‘Calatrava crown. White gold (18-carat) removable white gold bracelet with clasp (by Gay Frères, Geneva, ‘type D’).
DIAL
Silver colour, ‘sunburst’, with white gold applied radiating thin indexes, external minute track divided five by five with ‘perlé’ beaded dots; white gold ‘Bâton’ hands.
MOVEMENT
Calibre 27-460 M, self-winding, 37 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, free-sprung Gyromax balance, self-compensating ‘Breguet’ hairspring, adjusted to heat, cold, isochronism and 5 positions, Geneva Quality Hallmark (‘Poinçon de Genève’ / Geneva Seal); yellow gold (18-carat) central rotor.
The Extract from the Archives, dated October 12, 2021, mentions that this watch was made in 1963 and sold on January 15, 1964.
A self-winding wristwatch, with date of the month, very rare bracelet in white gold
White gold (18-carat), self-winding, round-shaped, gentleman’s wristwatch, with subsidiary seconds at 6 o’clock and one horological complication:
• Instantaneous date of the month (aperture at 3 o’clock)
Patek Philippe, Reference 3435 Reference 3445 is launched in 1961 and remained in production until circa 1981-1982.
It’s the first ‘simple’ calendar wristwatch made by Patek Philippe.
This round-shaped wristwatch is fitted with a 12’’’ roundshaped movement, the self-winding Cal. 27-460 M (automatic, mono-date), with yellow gold (18-carat) central rotor and instantaneous date of the month displayed in an aperture at 3 o’clock.
The watch is generally made in yellow gold, more rarely in pink gold, even more rarely in white gold or in platinum.
The two-piece, screwed case-back, was made by Antoine Gerlach, Geneva (master hallmark number 4; this number inside the Key of Geneva).
The last watches produced, circa 1980, bear a higher bezel to fit a sapphire-crystal glass (Ref. 3445-100), made by Les Ateliers Réunis, Geneva (master hallmark number 28; this number inside the Key of Geneva). Some of them have also a sapphire-crystal case-back.
The dial was made by Stern Frères, Geneva.
The model is fitted with the ‘Calatrava’ crown; few pieces at the beginning of the production are with double inverted ‘P’ crown (1961-1962).
Around 7 000 pieces were produced, some with integrated bracelet and without lugs (Ref. 3445-6, etc.).
Production can be subdivided as follows:
• Yellow gold (Ref. 3445 J), approximately 3 700 pieces, of which around 320 appeared on the art market
• Pink gold (Ref. 3445 R), approximately 300 pieces, of which around 20 appeared on the art market
• White gold (Ref. 3445 G), approximately 2 800 pieces, of which around 2 800 appeared on the art market
• • Platinum (Ref. 3445 P), approximately 200 pieces, of which around 14 appeared on the art market
The watch is today nicknamed ‘Monodate’ by collectors.
Bibliography
• Patrizzi, 2010, vol. 2, pp. 217-218 (Nos. 899-903, similar watches in various metals).
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 304-305, 307.
Two-piece, polished and satin-finish, cylindrical case-band with flat inclined low part extended by a stepped lapidated bezel, straight lapidary lugs with one facet downwards, water-resistant with screwed case-back; polished ‘Calatrava crown.
DIAL
Silver colour, ‘sunburst’, with white gold applied radiating thin indexes, external minute track divided five by five with ‘perlé’ beaded dots; white gold ‘Bâton’ hands.
MOVEMENT
Calibre 27-460 M, self-winding, 37 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, free-sprung Gyromax balance, self-compensating ‘Breguet’ hairspring, adjusted to heat, cold, isochronism and 5 positions, Geneva Quality Hallmark (‘Poinçon de Genève’ / Geneva Seal); yellow gold (18-carat) central rotor.
The Extract from the Archives, dated July 12, 2021, mentions that this watch was made in 1967 and sold on June 30, 1967.
A self-winding wristwatch, with date of the month, extremely rare in platinum
Platinum, self-winding, round-shaped, gentleman’s wristwatch, with subsidiary seconds at 6 o’clock and one horological complication:
• Instantaneous date of the month (aperture at 3 o’clock)
Patek Philippe, Reference 3445 Reference 3445 is launched in 1961 and remained in production until circa 1981-1982.
It’s the first ‘simple’ calendar wristwatch made by Patek Philippe.
This round-shaped wristwatch is fitted with a 12’’’ roundshaped movement, the self-winding Cal. 27-460 M (automatic, mono-date), with yellow gold (18-carat) central rotor and instantaneous date of the month displayed in an aperture at 3 o’clock.
The watch is generally made in yellow gold, more rarely in pink gold, even more rarely in white gold or in platinum.
The two-piece, screwed case-back, was made by Antoine Gerlach, Geneva (master hallmark number 4; this number inside the Key of Geneva).
The last watches produced, circa 1980, bear a higher bezel to fit a sapphire-crystal glass (Ref. 3445-100), made by Les Ateliers Réunis, Geneva (master hallmark number 28; this number inside the Key of Geneva). Some of them have also a sapphire-crystal case-back.
The dial was made by Stern Frères, Geneva.
The model is fitted with the ‘Calatrava’ crown; few pieces at the beginning of the production are with double inverted ‘P’ crown (1961-1962).
Around 7 000 pieces were produced, some with integrated bracelet and without lugs (Ref. 3445-6, etc.).
Production can be subdivided as follows:
• Yellow gold (Ref. 3445 J), approximately 3 700 pieces, of which around 320 appeared on the art market
• Pink gold (Ref. 3445 R), approximately 300 pieces, of which around 20 appeared on the art market
• White gold (Ref. 3445 G), approximately 2 800 pieces, of which around 2 800 appeared on the art market
• Platinum (Ref. 3445 P), approximately 200 pieces, of which around 14 appeared on the art market
The watch is today nicknamed ‘Monodate’ by collectors.
Bibliography
• Patrizzi, 2010, vol. 2, pp. 217-218 (Nos. 899-903, similar watches in various metals).
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 304-305, 307.
Silver colour, three-tone, with yellow gold applied suspended Arabic numerals (6-12), black painted radiating indexes and sector in the centre, external minute track divided five by five with black radiating lines, external second track divided with 1/5th of a second with black painted radiating lines; yellow gold ‘Feuille’ leaf-shaped hands.
MOVEMENT
Calibre 13-130 CC (ébauche by Valjoux), manual-winding, 23 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, Glucydur screw-balance, self-compensating ‘Breguet’ hairspring, polished steel indexregulator; chronograph work on the top plate.
The Extract from the Archives, dated February 21, 2000, mentions that this watch was made in 1937 and sold on October 15, 1937.
An early chronograph ‘Calatrava’ wristwatch, with silver three-tone sector dial and tachometer scale, with double signature
Yellow gold (18-carat), manual-winding, round-shaped, gentleman’s wristwatch, with subsidiary seconds at 9 o’clock and two horological complications:
• 1/5 second chronograph (activated by the two rectangular-shaped push-pieces located on the case-band; start, stop and return to zero functions) with tachometer scale graduated on the dial for 1 000 units per hour
• Half-instantaneous 30-minute counter (subsidiary dial at 3 o’clock)
The wristwatch presented here is one of the rarest versions of Ref. 130, with a three-tone sector dial, typical of the Art Deco period, and a movement with chronograph and 30-minute counter. It is in excellent condition.
Patek Philippe, Reference 130 Reference 130 is launched in 1934 and remained in production until circa 1964.
This round-shaped watch (Ø 33 mm.) is fitted with a 13’’’ round-shaped movement, the manual-winding Cal. 13-130 CC, with chronograph and 30-minute counter.
The majority in yellow gold, more rarely in pink gold, even more rarely in stainless steel of some examples have a gold bezel.
The three-piece case, snap-on case-back, was made by Emile Vichet, Geneva (master hallmark number 9; this number inside the Key of Geneva).
Stainless steel case were made by three case-makers:
• Edouard Wenger, Geneva (master hallmark number 1; this number inside the Key of Geneva).
• Georges Croisier, Geneva (master hallmark number 5; this number inside the Key of Geneva).
• Charles Dubois & Cie, Le Locle (master hallmark number 170; this number inside the hammer head of the Neuchâtel mountains).
The dial was made by Stern Frères, Geneva.
Depending on the period in which the dials were produced, there are dials with ‘long’ and ‘short’ signatures. The 1948 date is generally accepted as the date of change.
Around 1 500 pieces were produced.
Production can be divided as follows:
• Yellow gold (Ref. 130 J), approximately 850 pieces, of
which around 355 appeared on the art market
• Pink gold (Ref. 130 R), approximately 360 pieces, of which around 130 appeared on the art market
• Stainless steel (Ref. 130 A), approximately 270 pieces, of which around 105 appeared on the art market
• Other, approximately 10 pieces, of which around 3 appeared on the art market.
The calibre 13-130 CC (the first C for chronograph, the second C for counter) is based on a Valjoux ébauche (Ø 29.5 mm.) which has been used by Patek Philippe since 1936 for all its chronograph wristwatches. This blank (ébauche in French) is finished by the master watchmakers of the Genevan manufacture to a very high quality of craftsmanship that has no real competition in terms of quality on the market.
During the many years of life of this movement, a few notable changes should be mentioned:
• As early as 1944, the addition of a fine adjustment of the regulating racket thanks to a micrometric regulator (which is not necessarily fitted to all movements);
• From 1946, the new non-magnetic balance (it should be noted here that many bimetallic compensated balances were replaced during after-sales service at the Manufacture over the years, as late as the 1980s!).
Some movements are stamped with the Geneva Seal, in no logical sequence. In fact, depending on the market for which the watch was destined, this finishing was either carried out or not, in the knowledge that the cost price, and therefore the selling price, would be affected.
A wide range of dials are available:
• With Roman numerals (VI-XII) or Arabic numerals (6-12) and indexes that can be thin or wide, short or long.
• With ‘Breguet’ Arabic numerals (without the 3 and 9), known as the ‘Heures Penchées’ (HP); these dials were mainly made for the American market.
• With lapidated indexes, known as ‘Heures Lapidées’ (HL).
• Luminous dots (phosphorescent material such as Tritium) may have been added to older models (they can also be found on the very latest models).
• There are a few dials with black backgrounds, in ‘Duco’ lacquer (they are the most coveted by collectors; the black dial with ‘Breguet’ numerals is a must).
Naturally, depending on the year of production, these dials bear either the ‘long’ or the ‘short’ signature. The 1948 date seems to be the one that bears this change, but it is obvious that dials with the short signature that remained in stock may have been put on new pieces, just as damaged dials may have been replaced by new ones.
Other dials exist, but they are the exception rather than the rule, and most of them are unique.
Bibliography
• Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998, pp. 262-264 and 269.
• Nael, Ali, Patek Philippe, My Dream Collection, pp. 314323.
Silver colour, with yellow gold applied suspended Arabic numerals (6-12) and radiating indexes, external minute track divided five by five with black painted radiating lines, external second track divided with 1/5th of a second with black painted radiating lines; yellow gold ‘Feuille’ leaf-shaped hands.
MOVEMENT
Calibre 13-130 CC R (ébauche by Valjoux), manual-winding, 25 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, polished steel index-regulator with spring and micrometric screw, eight adjustments; chronograph work and split-seconds work on the top plate.
The Extract from the Archives, dated March 11, 2019, mentions that this watch was made in 1946 and sold on October 28, 1949.
A split-seconds chronograph ‘Calatrava’ wristwatch, with silver dial and tachometer scale
Yellow gold (18-carat), manual-winding, round-shaped, gentleman’s wristwatch, with subsidiary seconds at 9 o’clock and three horological complications:
• 1/5 second chronograph (activated by the two rectangular-shaped push-pieces located on the case-band; start, stop and return to zero functions) with tachometer scale graduated on the dial for 1 000 units per hour
• Split-seconds (activated by the crown; stop and catch-up or reset to zero functions)
• Half-instantaneous 30-minute counter (subsidiary dial at 3 o’clock)
Patek Philippe, Reference 1436
Four years after production of the Ref. 130 began, Patek Philippe launched its first split-seconds chronograph produce in series, Ref. 1436. This horological complication is an added bonus for watches designed for sports timekeeping.
Reference 1436 is launched in 1938 and remained in production until circa 1971.
This round-shaped wristwatch (Ø 33 mm.) is fitted with a 13’’’ round-shaped movement, the manual-winding Cal. 13-130 CC R, with chronograph, split-seconds and 30-minute counter.
The watch, produced in small quantities, is generally made in yellow gold, more rarely in pink gold, even more rarely in stainless steel.
The three-piece case, snap-on case-back, was made by different case-makers:
• first by Emile Vichet, Geneva (master hallmark number 9;
this number inside the Key of Geneva);
• later by Ponti, Gennari & Cie, Geneva (master hallmark number 26; this number inside the Key of Geneva);
• the few stainless steel versions by Edouard Wenger, Geneva (master hallmark number 1; this number inside the Key of Geneva).
The dial was made by Stern Frères, Geneva.
Depending on the period in which the dials were produced, there are dials with ‘long’ and ‘short’ signatures. The 1948 date is generally accepted as the date of change.
Around 140 pieces were produced.
Production can be divided as follows:
• Yellow gold (Ref. 1436 J), approximately 120 pieces, of which around 59 appeared on the art market
• Pink gold (Ref. 1436 R), approximately 15 pieces, of which around 9 appeared on the art market
• Stainless steel (Ref. 1436 A), approximately 5 pieces, of which around 4 appeared on the art market
• No white gold or platinum examples are known to date.
The calibre 13-130 CC R (the first C for chronograph, the second C for counter and the R for ‘rattrapante’ or split-seconds) is based on a Valjoux ébauche (Ø 29.5 mm.) which has been used by Patek Philippe since 1936 for all its chronograph wristwatches. This blank (ébauche in French) is finished by the master watchmakers of the Genevan manufacture to a very high quality of craftsmanship that has no real competition in terms of quality on the market.
The split-seconds functions (stop and reunite//catch-up or reset to zero) are obtained by pressing on the crown; there are two chronological variants:
• 1st series, by pressing directly on the crown (1938 to c.1960)
• 2nd series, by pressing the co-axial button on the crown (c.1960 to c.1971)
During the many years of life of this movement, a few notable changes should be mentioned:
• As early as 1944, the addition of a fine adjustment of the regulating racket thanks to a micrometric regulator (which is not necessarily fitted to all movements);
• From 1946, the new non-magnetic balance (it should be noted here that many bimetallic compensated balances were replaced during after-sales service at the Manufacture over the years, as late as the 1980s!).
Some movements are stamped with the Geneva Seal, in no logical sequence. In fact, depending on the market for which the watch was destined, this finishing was either carried out or not, in the knowledge that the cost price, and therefore the selling price, would be affected.
A wide range of dials are available:
• With Roman numerals (VI-XII) or Arabic numerals (6-12) and indexes that can be thin or wide, short or long.
• With ‘Breguet’ Arabic numerals (without the 3 and 9), known as the ‘Heures Penchées’ (HP); these dials were mainly made for the American market.
• With lapidated indexes, known as ‘Heures Lapidées’ (HL).
• Luminous dots (phosphorescent material such as Tritium) may have been added to older models (they can also be found on the very latest models).
• There are a few dials with black backgrounds, in ‘Duco’ lacquer (they are the most coveted by collectors; the black dial with ‘Breguet’ numerals is a must).
Naturally, depending on the year of production, these dials bear either the ‘long’ or the ‘short’ signature. The 1948 date seems to be the one that bears this change, but it is obvious that dials with the short signature that remained in stock may have been put on new pieces, just as damaged dials may have been replaced by new ones.
Other dials exist, but they are the exception rather than the rule, and most of them are unique.
The watch is today nicknamed ‘Split’ or ‘1-4-3-6’ by collectors.
Bibliography
• Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998, pp. 272-274.
• Goldberger, John, Patek Philippe Steel Watches, 2010, pp. 302-307.
• Patek Philippe Museum, Geneva, Patek Philippe Watches, 2014, vol. II, pp 276-277.
Reference 1463 R HL (Heures Lapidées or lapidated hours) (2nd series)
Movement No. 868 519
Calibre 13-130 CC, manual-winding, 23 jewels
Case No. 672 786 (by Frères Borgel –Taubert Manufacture, Geneva)
Material/s pink gold (18-carat)
Bracelet leather strap
Buckle pink gold (18-carat) pin-buckle, signed
Dimensions Ø 34.5 mm.
Signature dial, case and movement
Accessories original fitted box; Extract from the Archives
Starting bid $180,000
Low Estimate $200,000
High Estimate $400,000
CASE
Two-piece, polished and satin-finished, rounded profile caseband extended by a concave stepped bezel, ‘tortoise’-shaped concave lugs, water-resistant case-back; polished crown.
DIAL
Silver colour, with yellow gold applied radiating lapidated indexes, external minute track divided five by five with black radiating lines, external second track divided with 1/5th of a second with black painted radiating lines; yellow gold ‘Feuille’ leaf-shaped hands.
MOVEMENT
Calibre 13-130 CC (ébauche by Valjoux), manual-winding, 23 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, cut bimetallic compensated balance, blued steel hairspring with terminal curve, polished steel index-regulator with spring and micrometric screw; eight adjustments chronograph work on the top plate; movement protected by a cap against dust and humidity.
The Extract from the Archives, dated October 21, 2019, mentions that this watch was made in 1953 and sold on May 01, 1954.
The first reference of a water-resistant wristwatch with chronograph produced by the Manufacture
A water-resistant chronograph wristwatch, with silver dial and tachometer scale.
French import and retailer hallmarks stamped on the caseback
Yellow gold (18-carat), manual-winding, round-shaped, gentleman’s wristwatch, with subsidiary seconds at 9 o’clock and two horological complications:
• 1/5 second chronograph (activated by the two round-shaped push-pieces located on the case-band; start, stop and return to zero functions) with pulsometer scale graduated on the dial for 5 respirations
• Half-instantaneous 30-minute counter (subsidiary dial at 3 o’clock)
Patek Philippe, Reference 1463 étanche (water-resistant)
Six years after production of the Ref. 130 began, Patek Philippe launched its first chronograph with a water-resistant case, Ref. 1463. It was a more robust watch designed for more sporting use and possibly for military use in wartime.
Reference 1463 is launched in 1940 and remained in production until the late-1960s.
This round-shaped watch (Ø 34.5 mm.) is fitted with a 13’’’ round-shaped movement, the manual-winding Cal. 13-130 CC, with chronograph and 30-minute counter.
The majority in yellow gold, more rarely in pink gold or in stainless steel.
The two-piece water-resistant with screwed case-back, was made by The dial was made by Stern Frères, Geneva.
Depending on the period in which the dials were produced, there are dials with ‘long’ and ‘short’ signatures. The 1948 date is generally accepted as the date of change.
Around 720 pieces were produced.
Production can be divided as follows:
• Yellow gold (Ref. 1463 J), approximately 400 pieces, of which around 160 appeared on the art market
• Pink gold (Ref. 1463 R), approximately 140 pieces, of which around 55 appeared on the art market
• Stainless steel (Ref. 1463 A), approximately 180 pieces, of which around 90 appeared on the art market
• No white gold or platinum examples are known to date.
The cases are supplied by Taubert of Geneva, formerly Frères Borgel, the undisputed local specialist in high-quality water-resistant cases. In this model, a soft iron cover protects the movement from dust and moisture. Taubert patented this type of case in 1937. Generally, the case, inside the case-back, is stamped with the ‘F B’ hallmark, surmounting the key of Geneva (in a rectangle with cut corners), with the words ‘Patent’ and the federal cross underneath.
There are three trends in this reference:
• 1st series, until around 1945: the lugs are less concave, i.e. straighter and flatter (this is even more pronounced on the steel version); the bezel is thicker and without shoulders (step-less); the crown is smaller and domed; on the last pieces in this first series, the bezels are more streamlined.
• 2nd series, until around 1961: the lugs are thicker and curve downwards at the tips; the bezels are thinner; the latest models have a wider crown (with the ‘Calatrava’ cross motif from 1959); the pushers are slightly different; on the first cases in this series, the bezels are thicker.
• 3rd series, from around 1961: the profiles of the caseband and lugs are once again flatter; the dials have simpler, lighter chronograph scales (with no external rail track, chemin de fer in French); it should be noted that no steel case has yet been identified in this third series.
The calibre 13-130 CC (the first C for chronograph, the second C for counter) is based on a Valjoux ébauche (Ø 29.5 mm.) which has been used by Patek Philippe since 1936 for all its chronograph wristwatches. This blank (ébauche in French) is finished by the master watchmakers of the Genevan manufacture to a very high quality of craftsmanship that has no real competition in terms of quality on the market.
During the many years of life of this movement, a few notable changes should be mentioned:
• As early as 1944, the addition of a fine adjustment of the regulating racket thanks to a micrometric regulator (which is not necessarily fitted to all movements);
• From 1946, the new non-magnetic balance (it should be noted here that many bimetallic compensated balances were replaced during after-sales service at the Manufacture over the years, as late as the 1980s!).
Some movements are stamped with the Geneva Seal, in no logical sequence. In fact, depending on the market for which the watch was destined, this finishing was either carried out or not, in the knowledge that the cost price, and therefore the selling price, would be affected.
As with the Ref. 130 chronographs, a wide range of dials are available:
• With Roman numerals (VI-XII) or Arabic numerals (6-12) and indexes that can be thin or wide, short or long.
• With ‘Breguet’ Arabic numerals (without the 3 and 9), known as the ‘Heures Penchées’ (HP); these dials were mainly made for the American market (less than a hundred have been produced, of which thirty or so are known to date).
• With lapidated indexes, known as ‘Heures Lapidées’ (HL).
• Luminous dots (phosphorescent material such as Tritium) may have been added to older models (they can also be found on the very latest models).
• There are a few dials with black backgrounds, in ‘Duco’ lacquer (they are the most coveted by collectors; the black dial with ‘Breguet’ numerals is a must).
Naturally, depending on the year of production, these dials bear either the ‘long’ or the ‘short’ signature. The 1948 date seems to be the one that bears this change, but it is obvious that dials with the short signature that remained in stock may have been put on new pieces, just as damaged dials may have been replaced by new ones.
Other dials exist, but they are the exception rather than the rule, and most of them are unique.
Thanks to its water-resistant case (and therefore its size and ease of use), this reference remains one of the most sought-after watches among collectors and enlightened enthusiasts, ... a real grail!
Bibliography
• Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998, p. 267 (calibre 13-130 CC, pp. 262 and 269).
• Goldberger, John, Patek Philippe Steel Watches, 2010, pp. 268-301.
• Patek Philippe Museum, Geneva, Patek Philippe Watches, 2012, vol. II, p. 268-269.
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 330-339.
Reference 2497 J SC (Seconde au Centre or Second at the Centre) (1st series)
Movement No. 888 002
Calibre 27-SC Q, manual-winding, 18 jewels
Case No. 674 367 (by Emile Vichet, Geneva)
Material/s yellow gold (18-carat)
Bracelet leather strap
Buckle yellow gold (18-carat) pin-buckle, signed
Dimensions Ø 36.8 mm. 44.1x 36.8 mm.
Thickness 13.1mm
Signature dial, case and movement
Accessories Certificate of origin (with a typewritten mention of Henry Stern Watch Agency, Inc.’s address in New York), Gübelin invoice (dated Zürich, April 07, 1954, for the amount of CHF 2 925.- / USD 683.41), original fitted box, Extract from the Archives.
Starting bid $300,000
Low Estimate $300,000
High Estimate $600,000
CASE
Three-piece, polished, rounded case-band, concave bezel, large fluted well turned down lugs, flat snap-on case-back; polished crown.
DIAL
Silver colour, with yellow gold applied suspended Arabic numerals (2-4-8-10-12) and dots (1-3-5-7-9-11); external minute track divided five by five, with 1/5th of a second, with black painted radiating lines, and, inner radiating and revolving Arabic numerals (5 to 60); yellow gold ‘Feuille’ leaf-shaped hands.
MOVEMENT
Calibre 27-SC Q, manual-winding, 18 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, cut bimetallic compensated balance with gold poising screws, blued steel hairspring with terminal curve, polished steel index-regulator with spring and micrometric screw, adjusted to heat, cold, isochronism, and 5 positions, Geneva Quality Hallmark (‘Poinçon de Genève’ / Geneva Seal); calendar work on the main plate, under the dial.
The Extract from the Archives, dated September 19, 2017, mentions that this watch was made in 1951 and sold on August 17, 1953. The watch was delivered at this date to Gübelin, Zürich (Switzerland), and sold on April 07, 1954, to Raymond H. Gaston, Houston, Texas (U.S.A.).
A centre-seconds perpetual calendar wristwatch, with silver dial and Arabic numerals, ‘Full Set’; the second ever made
Yellow gold (18-carat), manual-winding, round-shaped, gentleman’s wristwatch, with centre-seconds and five horological complications:
• Half-instantaneous perpetual bissextile calendar à guichets (with apertures)
• Date of the month (subsidiary dial at 6 o’clock)
• Day of the week (aperture at 11 o’clock; indications given in English)
• Month of the year (aperture at 1 o’clock; indications given in English)
• Phases of the moon (aperture at 6 o’clock)
The wristwatch presented here is the second reference 2497 ever made.
Dating from the very beginning of production, it naturally has a case made by Emile Vichet, with a flat case-back.
It is a watch, full set, of great importance and in excellent condition.
Patek Philippe, Reference 2497
Reference 2497 is launched in 1951 and remained in production until circa 1963-1964.
It was the first and only central-seconds perpetual calendar available on the market, together with its younger sister, the water-resistant watch Ref. 2438/1.
This round-shaped wristwatch is fitted with a 12’’’ roundshaped movement, the manual-winding Cal. 27-SC Q (Seconde au Centre or Second at the Centre), with centre-seconds,
yellow gold (18-carat) central rotor, and perpetual calendar; the calendar plate was produced by the Fils de Victorin Piguet workshops in the Vallée de Joux.
The calendar is displayed in two apertures (guichets) at noon (day of the week at around 11 o’clock and month of the year at around 1 o’clock) and in a subsidiary dial at 6 o’clock (date of the month) with the phases of the moon (aperture at 6 o’clock in this subsidiary dial).
The numbering of these movements ranges from 888 000 to 888 178, i.e. 179 movements. 115 of these were used for Ref. 2497 (including the series prototype), while the remainder were used to produce Ref. 2438-1.
The watch is generally made in yellow gold, more rarely in pink gold, even more rarely in white gold or in platinum.
The three-piece, snap-on case-back, was made by two case-makers:
• First 40 to 50 pieces, with flat case-back, by Emile Vichet, Geneva (master hallmark number 9; this number inside the Key of Geneva).
• Later pieces, with ‘bombé’ case-back, by Edouard Wenger, Geneva (master hallmark number 1; this number inside the Key of Geneva).
The dial was made by Stern Frères, Geneva.
Around 115 examples were produced.
Production can be subdivided as follows:
• Yellow gold (Ref. 2497 J), approximately 90 pieces, of which around 51 appeared on the art market
• Pink gold (Ref. 2497 R), approximately 20 pieces, of which around 13 appeared on the art market
• White gold (Ref. 2497 G), 4 to 6 pieces, of which around 3 appeared on the art market
• Platinum (Ref. 2497 P), 2 or 3 pieces, of which around 2 appeared on the art market
• No stainless steel examples are known to date.
On the 90 yellow gold pieces, only 20 are fitted with flat caseback, of which 13 are identified.
The watch is today nicknamed ‘2-4-9-7’ and ‘Vichet Case’ by collectors.
Bibliography
• Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998, pp. 284-287.
• Patek Philippe Museum, Geneva, Patek Philippe Watches, 2014, vol. II, pp 295-296.
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 348-355.
Silver colour, with yellow gold applied radiating lapidated triangular-shaped faceted indexes and square pyramidal-shaped indexes (at 5 and 7 o’clock); external minute track divided five by five with ‘perlé’ beaded dots; yellow gold ‘Dauphine’ hands.
MOVEMENT
Calibre 27-460 QP, self-winding, 37 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, free-sprung Gyromax balance, self-compensating ‘Breguet’ hairspring, adjusted to heat, cold, isochronism and 5 positions, Geneva Quality Hallmark (‘Poinçon de Genève’ / Geneva Seal); yellow gold (18-carat) central rotor; calendar work on the main plate, under the dial.
The Extract from the Archives, dated June 17, 2022, mentions that this watch was made in 1970 and sold on June 12, 1972.
The first self-winding wristwatch with perpetual calendar to be produced in series by a manufacture
A self-winding perpetual calendar wristwatch, with ‘Modern’ case and silver dial, ‘Full Set’, one of the best examples
Yellow gold (18-carat), manual-winding, round-shaped, gentleman’s wristwatch, with five horological complications:
• Half-instantaneous perpetual bissextile calendar à guichets (with apertures)
• Date of the month (subsidiary dial at 6 o’clock)
• Day of the week (aperture at 11 o’clock; indications given in English)
• Month of the year (aperture at 1 o’clock; indications given in English)
• Phases of the moon (aperture at 6 o’clock)
The wristwatch presented here is in excellent condition.
Patek Philippe, reference 3448
This reference is of significant importance in the history of watchmaking, being the first self-winding wristwatch with a perpetual calendar to be produced in series.
Today it is one of the brand’s most emblematic and sought-after models among collectors and enthusiasts, who classify it in the ‘vintage prestige’ category and nickname it ‘Padellone’ or ‘Large Frying Pan’.
Reference 3448 was produced between the early 1960s and the early 1980s. Production is estimated at 586 pieces. Its diameter is approximately 37 to 37.5 mm. Here are its main characteristics:
Perpetual calendar
The watch displays the date of the month, the day of the week, the month of the year and the phases of the moon. The perpetual calendar mechanism automatically gives the exact length of each month of the year, considering whether it is 30 or 31 days long, and takes leap years into account, thus indicating
February months of 28 or 29 days; all this without requiring manual correction until 2100. The calendar display features apertures (à guichets) for the day of the week and the month of the year.
Movement
The watch is powered by a self-winding movement, the calibre 27-460 Q, which is and remains an exceptionally reliable mechanism. Its oscillating weight is in 18-carat yellow gold. Production began with serial number 1 119 000.
Case
Round and pure, the case is crafted in yellow, white and rose gold by Antoine Gerlach of Geneva (maker’s mark: key 4). From a highly contemporary design, it is now synonymous with elegance and classicism.
Dial
The dial is also very pure and perfectly legible, with its calendar aperture (à guichets). The gold baseplate is satin-finished and silvered, with applied gold ‘Bâton’ indexes. The hands are of the ‘Dauphine’ type. There are also dial variants with diamondor ruby-set indexes and a number of other special designs.
Successor
The reference 3448 was replaced by the reference 3450, a model with similar characteristics but with the addition of a leap-year cycle indicator on the dial.
Rarity and collector’s value
Because of its limited production run and emblematic status, reference 3448 has become a highly sought-after watch on the art market, fetching very high prices at auction, particularly when it is a variant of the model.
The reference is now divided by specialists into four series based on a chronological evolution of the dial. In fact, things are much more complex, because the case itself has undergone a manufacturing evolution that can be divided into two periods, each with its own production subtleties, ending with a glazed case-back. We could end up with almost ten series, all intertwined!
Reference 3448 in a few words and figures
Production dates
From 1962 to circa 1982.
Calibre
27-460 Q; production starts with serial number 1 119 000.
Quantity
Estimated at 586 pieces, of which:
~ 450 in yellow gold;
~ 130 in white gold;
~ 6 in pink gold.
Two pieces have been re-cased in platinum by the Manufacture.
Series
The reference is now divided by specialists into four series referring to a chronological evolution of the dial:
1st series: 1962 – circa 1965
• classic external minute track, with engraved and enamelled lines
• date of the month with small radiating numerals
2nd series: circa 1966 – circa 1972
• ‘perlé’ beaded external minute track, with milled dots (known as ‘water drops’)
• date of the month with small radiating and rotating numerals
3rd series: circa 1971 – circa 1978
• ‘perlé’ beaded external minute track, with milled dots (known as ‘water drops’)
• date of the month with large radiating and rotating numerals
• after 1973, at 6 o’clock, the word ‘Swiss’ between two letters ‘sigma’ (Aprior logo)
4th series: circa 1978 – circa 1982
• classic external minute track, with transferred lines
• date of the month with large radiating and rotating numerals
• at 6 o’clock, the word ‘Swiss’ between two letters ‘sigma’ (Aprior logo)
Variants
The first timepieces produced had a winding-crown with a double ‘P’ (1962 – circa 1965); later, they were stamped with the ‘Calatrava’ logo.
Cases produced between 1962 and 1974 have a bezel designed to accept a curved mineral lens; they are known as ‘small bezel’ cases.
Cases produced around and after 1975 have a higher bezel designed to accommodate a slightly domed sapphire-crystal; they are known as ‘large bezel’ cases; the case-band is thinner.
The calendar display has apertures (à guichets) for the day of the week and the month of the year. The names are generally given in English, sometimes in French or German and very occasionally in Italian or Spanish.
A few examples have a glazed snap-on case-back; they are marketed under Ref. 3448-100.
Some examples were produced with an integrated metal bracelet (14 known examples).
A few dials have indexes set with baguette-cut or brilliant-cut diamonds or rubies (six known examples).
Some other models have special, unique dials, made to order.
A few examples do not show the phases of the moon (seven are known, known as ‘sans lune’ or ‘senza luna’).
Bibliography
• Huber & Banbery, 1998, pp. 288-289.
• Patrizzi, 2010, vol. 1, p. 70 (No. 38, similar watch).
• Patrizzi, 2010, vol. 2, pp. 219-223 (Nos 908-918, similar watches in various metals).
• Patek Philippe Museum, 2014, vol. 2, pp. 296-297.
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 356-361.
Case No. 2 840 110 (by Les Ateliers Réunis S.A., Geneva)
Material/s yellow gold (18-carat)
Bracelet brown leather PP strap
Buckle yellow gold (18-carat) pin-buckle, signed
Dimensions 36 mm. 43.4 x 36 mm.
Thickness 12.9 mm.
Weight 70.2 (approx.)
Signature dial, case and movement
Accessories Extract from the Archives
Starting bid $200,000
Low Estimate $200,000
High Estimate $400,000
CASE
Two-piece, polished and satin-finished, rounded profile caseband extended by a concave stepped bezel, wide stepped lugs, screwed case-back; polished ‘Calatrava’ crown.
DIAL
Silver ‘opalin’ opaline-white colour, two-tone, with yellow gold applied radiating ‘Bâton’ indexes (at 1, 2, 4, 8, 10 and 11 o’clock) and square pyramidal-shaped indexes (at 3, 5, 7 and 9 o’clock); yellow gold ‘Feuille’ leaf-shaped hands.
MOVEMENT
Calibre CH 27-70 Q, manual-winding, 24 jewels, rhodium-plated with ‘fausses côtes’ decoration, going barrel, straight-line lever escapement, free-sprung Gyromax balance, self-compensating ‘Breguet’ hairspring, adjusted to heat, cold, isochronism and 8 positions, Geneva Quality Hallmark (‘Poinçon de Genève’ / Geneva Seal); chronograph work on the top plate; calendar work on the main plate, under the dial.
The Extract from the Archives, dated March 3rd, 2016, mentions that this watch was made in 1988 and sold on March 17, 1988.
A chronograph bissextile perpetual calendar wristwatch, with silver opaline-white two-tone dial and screwed case-back
Yellow gold (18-carat), manual-winding, round-shaped, gentleman’s wristwatch, with subsidiary seconds at 9 o’clock and nine horological complications:
• 1/5 second chronograph with round-shaped push-pieces located on the case-band
• Half-instantaneous 30-minute counter (subsidiary dial at 3 o’clock)
• Half-instantaneous perpetual bissextile calendar à guichets (with apertures)
• Date of the month (subsidiary dial at 6 o’clock)
• Day of the week (aperture at 11 o’clock; indications given in English)
• Month of the year (aperture at 1 o’clock; indications given in English)
• Four-year cycle of leap-years (subsidiary dial at 3 o’clock)
• Phases of the moon (aperture at 6 o’clock)
• Diurnal (day-time) and nocturnal (night-time) hours with a 24-hour (AM-PM) scale (subsidiary dial at 9 o’clock)
Patek Philippe, Reference 3970 and Reference 3971 These references were launched in 1986.
Production of these models began with the Cal. 27-70 Q bearing the serial number 875 000. This calibre was produced until 2009.
Initially, this new chronograph model with perpetual calendar – the successor to Ref. 2499 / 100 – was marketed under two separate references:
• Ref. 3970, supplied with a snap-on solid case-back.
• Ref. 3971, supplied with a snap-on glass case-back featuring a sapphire-crystal for viewing the watch movement.
Production of 100 watches is planned for each of these references. Production is scheduled to take around two years.
The manufacture then upgraded these two models by fitting them with screwed case-backs, giving the watch a degree of water-resistance. It should also be noted that the inside of the subsidiary dial at 3 o’clock, which indicates day and night time, is now two-tone.
The reference numbers for these models were soon standardised into a single number, reference 3970. The watch is offered to customers with one or two screwed case-backs: the first of these is the screwed solid case-back, while the second, which is not compulsory, is the screwed sapphire-crystal caseback.
With the events surrounding the 150th anniversary of the manufacture in 1989, Patek Philippe experienced considerable growth. Annual production rose from around 9 000 watches to 14 000 orders. Among these, the reference 3970 was highly prized by enthusiasts.
Around 1 000 watches were produced until the model was discontinued around 2004.
Today, specialists categorise this model as follows:
Reference 3970
• 1st series, with snap-on solid case-back (+/- 100 watches produced in 1986-1987)
• 2nd series, with screwed solid case-back (watches produced in 1988-1989)
• 3rd series, with screwed solid case-back and possibly a screwed glass case-back with sapphire-crystal (watches produced from the end of 1989)
Reference 3971
• 1st series, with snap-on glass case-back with sapphire-crystal (+/- 100 watches produced in 1986-1987)
• 2nd series, with screwed glass case-back with sapphire crystal and possibly a screwed solid case-back (watches produced in 1988-1989)
As a result, very few watches bear the reference 3971, and those with a solid case-back bearing this reference are extremely rare.
Bibliography
• Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998, p. 305.
• Nael, Ali, Patek Philippe, My Dream Collection, 2021, pp. 376-377.
1. Sign up / Create Account at www.futuregrail.com
2. You will receive a verification email. Click the link or ‘VERIFY ME’ button in the email.
3. Go to www.futuregrail.com/auctions or to the ‘Auction’ Tab
4. Click on the highlights or go to live auctions and select any of the categories (Modern or Pocket Watch or Vintage)
5. Go to any lot and click ‘Bid Now’ or ‘Register now’.
6. Select type ‘Individual’ or ‘Company’ and set your Anticipated Bid Amount and complete your KYC/KYB by clicking ‘Verify Now’.
7. Your profile is now 80% complete. Click ‘Complete Now to Bid’ on the right-hand side of ‘My Profile’ page.
8. For automated identity verification: Choose country > Select document type > Upload picture of ID type and Submit (this typically takes 2-4 minutes to process)
9. If successful you will get a ‘Congratulations’ message - you will also get an email confirmation. If unsuccessful, try another valid ID or retry by submitting a clearer picture of your ID.
10. Please then return to the Auction page and click ‘Bid Now/Register Now’
11. Select ‘Individual’ or ‘Company’ based on your preference of bidding entity and enter your requested bidding limit. An auction registration will be successfully created, and your bidding request is now ‘Pending Admin Approval’.
12. You will receive an email requesting basic collateral to show proof of funds to participate in the auction. Kindly provide the requested information to bids@futuregrail.com (this will be reviewed in real time)
13. Once your request has been reviewed and accepted, you will receive an email ‘Auction Registration Accepted’ containing your paddle number.
14. You are now ready to bid, and you will be able to place your bids once the auction starts!
Thank you for taking the time to register your account and we look forward to your participation!
Bidding Table
US$1,000 - US$2,000 by USD $100s
US$2,000 - US$5,000 by USD $200s
US$5,000 - US$10,000 by USD $500s
US$10,000 - US$20,000 by USD $1,000s
US$20,000 - US$100,000 by USD $2,000s
US$100,000 - US$300,000 by USD $5,000s
US$300,000 - US$1 M by USD $10,000s
Above US$1 M to repeat in the same manner Pattern continues / at Auctioneer’s discretion
How To Bid
How to Bid
There are different ways to bid in FutureGrail’s auction: Online, Absentee bidding, Telephone, and In-person. You can register to bid online by following the Auction Registration Guide (Click here). “Absentee bids” can be placed via our Absentee bid form (Click here) where you have the option to set up your maximum bid on a lot.
Absentee Bidding
1. Absentee bidding via the Absentee Bid Form (Click here) allows you to leave a Maximum bid with FutureGrail prior or during an auction. FutureGrail will then bid on your behalf up to your Maximum bid amount during the auction. If someone else bids higher than your Maximum bid, you will be outbid. We will notify you after the auction if you win the lot.
2. To place an Absentee Bid, browse the online catalogue and input your desired lot along with your maximum bid. Be sure to agree to the terms and conditions and sign-off. The signed Absentee Form should be sent to bids@futuregrail.com. Please note that if you pick a premium lot, we may perform additional credit or financial checks before you are able to place a bid.
3. Set your bid amount. You can either place a bid at the next increment or select a maximum bid. Your maximum bid will be executed confidentially by the system on your behalf in response to other competitive bids placed on that lot.
4. From your account, accept our Conditions of Sale, and confirm your bid. You will be required to do this only once after placing your first bid in the sale.
5. You will receive a confirmation of your bid on your dashboard and via email, you will receive notification on your dashboard and via email.
6. Absentee bidding in our auction will end on a date published in www.futuregrail.com/auctions Online-only Auction.
At a date and time specified on www.futuregrail.com, a timebased, online-only auction will start when the auctioneer opens each lot for bidding at the current bid established based on advance bidding that preceded it. If there is no advance bidding, the auctioneer will open each lot at either a low estimate or at a reserve.
You will be able to participate by bidding online via www. futuregrail.com/auctions. Bids will be accepted in the order they are received and the highest bidder in the auction will win each lot. Before a lot closes for bidding, the auctioneer will send a “fair warning” message stating that the lot will close imminently.
Please note that your leading maximum bid placed before the auction begins does not guarantee that you will not be outbid by another user before the lot closes.
Telephone Bidding
Telephone bidding allows you to bid remotely with the support of our sales room. If you prefer to do so, we can call you directly from the salesroom and bid online on your behalf. If we are unable to reach you during a live sale, we recommend you submit a duly completed Absentee bid form to us to avoid disappointment. Please register beforehand by contacting bids@futuregrail.com for assistance.
In-person
Please book an appointment via email to info@futuregrail.com to visit FutureGrail Museum and Gallery in Singapore where the entire catalogue is physically showcased. During your visit you can state the lots you are interested in into our Client Services. We are located at 100E Pasir Panjang Road, B&D Building, 0301/03-02, 118521, Singapore.
Glossary
Starting bid
A starting bid for each lot is the lowest possible bid you can place on that lot. You may bid at or above the starting bid. The starting bid is either a low estimate or a reserve. Please note that placing a starting bid for a lot at a low estimate does not mean you have met the reserve. You will however be notified if you are the leading bidder or outbid. FutureGrail reserves the right to lower the starting bid before the commencement of an auction.
Maximum bid
Like an Absentee bid, a Maximum bid is the highest bid you are prepared to place on a lot. The bidding system will automatically place incremental bids on your behalf in response to any competing bids up to your maximum bid. The bidding system will place bids starting from the lowest increments. The Bidding Table can be found on your screen before you place a bid on any lot. You will be informed onscreen on your account’s dashboard and via email if you are outbid and shall be given an opportunity to increase your bid. We suggest you make full use of the maximum bid feature if you are unable to return to your interested lot when the auction begins. Please note that in the event of a tie between two (2) maximum bids, the bidding system will accept the bid which was placed first.
Absentee bid
Absentee bidding via an Absentee bid form (click here) allows you to leave a Maximum bid with FutureGrail prior or during an auction. FutureGrail will then bid on your behalf up to your Maximum bid amount during the auction. If someone else bids higher than your Maximum bid, you will be outbid. We will notify you after the auction if you win the lot.
Quick bid
During the auction, you may opt to place a Quick bid on a lot instead of a Maximum Bid. A Quick bid is the fastest way to increase your bid to the next increment as shown in the Bidding Table. You can place a Quick Bid for a lot by choosing the next increment from the drop-down menu and confirming your bid on www.futuregrail.com.
My Active Bids
You can view all your active bids on the dashboard of your FutureGrail account under the section called “My Active Bids”. This easily shows the status of all your bids. You can also click “My Active Bids” to go to your active lots in addition to scrolling through the online catalogue.
Condition of Sales:
All online bidding in a time-based, online-only auction, sales, conducted by FutureGrail shall be in accordance with the terms and conditions set out in the Conditions of Sale.
CONDITIONS OF SALE IN TIME-BASED, ONLINE-ONLY AUCTIONS
TERMS & CONDITIONS
All online bidding in a time-based, online-only auction (“online-only auction”) Sales conducted by FutureGrail shall be in accordance with these terms and conditions. Information applicable to Sales may also be set out in the Online Sales Catalogue and/or in special notices on our Website, and you accept that it is your responsibility to review that information.By registering to participate in a FutureGrail Online Sale, and/or by bidding in such Sale, you expressly agree to:
(a) these Conditions of Sale including the limitations of our and the seller’s liability contained therein; (b) information made available on our Website for the Online Sale and (c) FutureGrail’s conditions of W ebsite use.
A. FUTUREGRAIL’S ROLE
A1 In our role or capacity as Auctioneer of Lots, FutureGrail acts solely for and in the interests of the Seller. Our role is to sell the Lot at the highest price obtainable at the Sale to a Bidder. We do not act for or give advice to Buyers or Bidders in this role. Unless we sell the Lot as principal, we act as the Seller’s agent only. We assume neither any undertaking(s) nor obligation(s) to Bidders or Buyers to examine investigate or conduct any inspections or tests, either in sufficient depth or at all, on each Lot to ascertain the accuracy or otherwise of any Description or opinion provided by FutureGrail or by any person on FutureGrail ’s behalf, whether in the Online Sale Catalogue or elsewhere. Bidders and Buyers should not suppose that such examinations, investigations, inspections or tests have occurred.
A2. If a Bidder successfully bids for a Lot and buys it, that Bidder becomes an eventual Buyer of that Lot. The Buyer shall comply with purchase obligations set out in these Conditions of Sale. FutureGrail does not owe or undertake or assume any duty or responsibility to Buyers in contract or tort (whether direct, collateral, express, implied or otherwise).
A3. Neither FutureGrail nor the Seller make or agree to make any representation of fact or contractual promise, guarantee or warranty and undertakes no obligation or duty, whether in contract or in tort (other than to the eventual Buyer concerning the Sale Catalogue Description as set out in Section C), in respect of accuracy or completeness of any statement or representation made by him or us on his behalf, which is in any way descriptive of any Lot or as to the anticipated or likely selling price of any Lot Other than as stated above in this paragraph A3, no statement or representation in any way descriptive of a Lot or any Estimate is incorporated into these terms and conditions.
B. LOTS: CONDITION, INSPECTION ETC.
B1. Subject to the Contractual Description printed in bold letters and underlined in the Entry about the Lot in the Online Sales Catalogue, if any, Lots are likely to be pre-owned, of varying condition, and are sold to the Buyer on an “as is” basis, and in the condition that it is in at the time of the online-only auction Lot Description may include references to condition. Such references do not amount to a full Description of condition. An absence of any reference to the condition of a Lot in the online Lot Description does not imply that the Lot is free from faults or imperfections
B2. Illustrations including pictures and photographs of any Lot are for identification purposes only and should not be relied on or used as precise indications of size or dimension. Those illustrations do not convey full information as to the condition of Lots A photograph or illustration may not reflect an accurate reproduction of the colour(s) or actual condition of the Lot. You must satisfy yourself as to each and every aspect of a Lot, including without limitation its authorship, condition, provenance, history, background, authenticity, style, period, age, suitability, quality, origin, value and Estimated selling price (including the Hammer Price).
B3 You shall be responsible to obtain impartial and independent advice to satisfy yourself about a Lot in which you are interested. The actual condition of a Lot may not be as good or same as indicated by its external or outward appearance or finish. You should be aware that parts may have been repaired, replaced or renewed and Lots may not be of satisfactory quality or fit for purpose. The interior of a Lot may not be visible, may not be original or may be damaged or defective. Given the age of many Lots, they may have been damaged and/or repaired and you should not assume that a Lot is in good condition, working order or state of repair.
B4. We endeavour to make every effort to display the colours of Lots in the online-only auction as accurately as possible. The colour(s) that appear or you see will depend on the resolution of your monitor or of your mobile device (as the case may be). We cannot guarantee that your monitor’s or your mobile device’s display of any colour will reflect accurately the colour of the Lot purchased.
B5. f you do not have knowledge or expertise, general, specialised, or otherwise regarding a Lot, you should consult someone who does to properly advise you. FutureGrail accepts Bids on Lots on the basis and understanding that Bidders (and independent experts on their behalf, to the extent appropriate or necessary given the nature and value of the Lot and the Bidder’s own expertise) have fully satisfied themselves as to both the condition of the Lot and the accuracy of its Description prior to bidding.
C. DESCRIPTION OF LOTS, ESTIMATES AND VIEWING
C1. The Online Sales Catalogue contains an Entry about each Lot. Each Lot is sold by its respective Seller to the Buyer of that Lot as corresponding only with that part of the Entry which is printed in bold letters and underlined, if any, (except for the colour, which may be inaccurately reproduced) in the Online Sales Catalogue. The remainder of the Entry which is not printed in bold letters and underlined, represents FutureGrail’ s opinion (given on behalf of the Seller) about the Lot only and is not part of the Contractual Description in accordance with which the Lot is sold by the Seller
C2. Unless otherwise stated an Estimate is printed beside the Entry Estimates are only an expression of FutureGrail’s opinion made on behalf of the Seller of the range where FutureGrail considers the Hammer Price for the Lot is likely to fall. It is not a genuine estimate of value. It does not take into account any GST or Buyer’s Premium payable or any other fees payable by the Buyer Prices depend upon bidding and Lots can sell for Hammer Prices below and above the Estimates. Thus, Estimates should not be relied on as an indication of the actual selling price or value of a Lot Estimates are in the currency of the Sale
C3. Description and Estimates may be altered or amended at FutureGrail’s sole discretion from time to time by notice to amend the Online Sales Catalogue or on the Website before or during Sale up until the Lot Closing for the relevant Lot You are advised to monitor Lots in which you are interested throughout the Sale
C4. Lots in the Online Sale can be of varying ages and with diverse histories of use and storage. You should expect their condition to vary considerably. You may ask FutureGrail for a Condition Report on the Lot’s general physical condition. If you do so, a report whether written or oral will, if possible, be provided by FutureGrail on behalf of the Seller free of charge to assist your inspection. As this is offered additionally and without charge, FutureGrail is not to be considered or regarded as entering into a contract with you in respect of the Condition Report and accordingly does not assume any responsibility to you in respect of that report
C5. The Condition Report reflect FutureGrail’s reasonable opinion (not a representation of fact) as to the Lot’s general condition in the terms stated in the particular report. FutureGrail does not represent, warrant or guarantee that
a Condition Report includes all aspects of the internal or external condition of the Lot Neither does the Seller owe or agree to owe you as a Bidder or Buyer any obligation or duty in respect of this free report about a Lot
C6. In preparing such reports, our Specialists assess the condition in a manner appropriate to the Estimate and the nature of the online-only auction in which it is included. While Condition Reports are prepared honestly and carefully, you should not assume our Specialists are professional restorers or trained conservators. By bidding in the online-only auction, you accept that many Lots are of an age and type indicating that they are not in perfect or pristine condition.
C7 Notwithstanding paragraph C6, we will exercise reasonable care when making express statements in online Description or Condition Reports as is consistent with our role as Auctioneer of Lots on the online-only auction in reliance on: (i) information provided to us by the Seller; (ii) scholarship and technical knowledge; and (iii) the generally accepted opinion of relevant experts, in each case at the time any such express statement is made.
C8. Lots offered in online-only auction are usually made available for viewing and inspection by you prior to that auction in FutureGrail’s gallery or elsewhere or by arranging an appointment with us.
D. REGISTRATION AND APPROVAL
D1. To be eligible to Bid in an Online Sale you must be at least 18 years old and, if you do not have an existing FutureGrail bidding account, must register to Bid using FutureGrail’s online buying platform available on our Website at www.futuregrail.com. You may register for and participate in the online-only auction as soon as the Sale goes live (or before) through the time that the online-only auction closes.
D2. The first time you register you will need to create an account with FutureGrail. When you register for subsequent Sales you will only need to register for that Sale You will receive an email notification once your registration has been approved. You cannot place Bids before your registration has been approved. FutureGrail has absolute discretion to restrict or refuse admission to or participation in the online-only auction.
D3. While we do everything within our control or power to ensure your participation in the online-only auction runs smoothly, technical problems beyond our reasonable control or power sometimes may occur. These include, for example, broadband and other internet capacity constraint(s), corporate firewalls, error(s) in the quality or display of digital images, error(s) in software and other technical problems. FutureGrail does not accept liability for any such difficulty(ies), error(s) or problem(s).
D4. If you do not have an existing FutureGrail online bidding account, you can create one by providing the information requested on our registration page. In order to register, you are required to supply the information requested on the registration page, including a valid credit card and other information and verification information required by us.
D5. For private individuals You must select the option to set up a personal account and provide your full name, email, residential address, date of birth and nationality and provide a valid credit card in your name which will be verified before you are able to Bid. If your credit card fails verification, you will not be permitted to Bid and you should contact us for assistance. We may in addition request a financial reference and/or deposit from you prior to letting you Bid Where you are the successful Bidder for any Lot with a Hammer Price in excess of US15,000 or of such amount we may in our sole discretion determine or for all successful Bids, and if you have not provided such documents previously, you will be required to upload or provid e to us your government issued photo ID and (if not on the ID) proof of your address before the Lot can be released to you. We reserve the right to request ID documentation from any Bidder or successful Buyer at any time during the Online Sale to carry out any identification, anti-money laundering or counterterrorism financing checks conducted by us and to refuse to release any purchased Lot until such documentation is furnished.
D6. For companies: You must select the option to set up a business account and then provide your full name, email, residential address, date of birth and the full name of the company. You must provide a credit card for verification either in your name or the name of the company but payment must be made from an account in the company’s name. If your credit card fails
Effective as of 21 March 2024 Page 1
verification, you will not be permitted to bid and shouldcontact us for assistance. We may in addition require a bank reference or deposit prior to letting you bid.Forallsuccessfulbids, werequire the company’s certificateorproof ofincorporation or equivalent documentation confirming the company’s nameand registeredaddress, documentary proof of each beneficial owner owning 25% or more of the company, andproofofyourauthoritytotransact beforethe Lot can be released to you. We reserve the right to request any further information from any Bidder that we may require in order to carry out any identification, antimoneylaunderingorcounter-terrorism financing checks conducted by us. We may atourdiscretionpostponeorcancel your registration,notpermityouto Bid and/ or postpone or cancel completion of any purchase you may make at the O nline S ale
D7 Upon registration, you should keep your account details strictly confidential and not permit any third party to access your account onyourbehalforotherwise.Youwillbeliable for any and all Bids madethrough your account. Payment must be made from a bank account in the name of the registered Bidder
D8. If you have an existing online bidding account with FutureGrail, you may be asked to confirmyouraccountdetailswhenyou register for the Online Sale and may be asked to provide updated identification, credit and paymentinformation.Youcanviewandedit yourinformationbyclickingon‘MyProfile’ online.
D9. Registration will require the submission of certain information about you. In the event you have not satisfied our Bidder registration requirements, including without limitation any identification, anti-money launderingor countererrorismfinancing checksconducted by us, we may at our discretion postpone or cancel yourregistration,notpermityouto Bid and/or postpone or cancel completion of any purchase you may make at the Online Sale
D10. I you are bidding on behalf of another party you agree:
(a) disclose this fact to us;
(b)to provide such information as is requested by us toallowustocomplete ouridentification, anti-moneylaundering andcounter-terrorismfinancing checks on such other party; and
(c)that if your bid is successful, you are jointly and severally liable with that other party for the full amount(s) owing for the successful bid.
E. AUTHORSHIP WARRANTY
E1. We assume an obligation for any Forgery in accordance with the terms of this Section E.
E2. If we are reasonably satisfied that a Lot we have sold to you is a Forgery we shall purchase the Lot from you and you shall transferthetitletothe Lot inquestiontous, free from any liens, charges, encumbrances andadverseclaims, inaccordancewiththe provisionsofSections 12(1)and12(2)ofthe Sale of Goods Act1979 and we will pay to you an amount equal tothesumofthe Purchase Price, Buyer’s Premium, Tax and Expenses paid by you in respect of the Lot
E3. This Section E applies provided that:
(a) your name appears as the person to whom the original invoice was made out by us n respect of the Lot and that invoice has been paid;
(b)you notify us in writing as soon as reasonably practicable after you have become aware that the Lot is ormaybea Forgery, and in any event within one (1) year after the Online Sale that the Lot is a Forgery; and
(c)within one (1) month after such notification has been given,youreturnthe Lot tousin the same condition as it was at the time of the Online Sale, accompanied by written evidence that the Lot is a Forgery and details of the Sale and Lot number sufficient to identify the Lot
(a)the Entry in relation to the Lot contained in the Online Sales Catalogue reflected the then prevailing or generally accepted opinion ofscholarsand expertsorfairlyindicated thattherewasa conflict of such opinion or reflected the then current opinion of an expert acknowledgedorregarded to be an expert in the relevant field; or
(b)it can be established that the Lot is a Forgery only bymeansofaprocessnot generally accepted for use until after the date on which the Online Sales Catalogue was published or by means of a process whichitwas unreasonable in all the circumstances for us to have employedor whichwereatsuchtimedeemed unreasonablyexpensiveorimpracticalto useorlikelyinourreasonableopinionto havecauseddamageorlossinvalueto the Lot
E5. You authorise or are deemed to have authorised us to carry out such processes, tests and measures on the Lot as we in our sole and absolute discretion consider necessarytosatisfy ourselvesin determiningwhethera Lot isa Forgery FutureGrail reserves the right, as a condition tocancellingorrescindinganysaleunder thiswarranty,torequirethe Buyer toprovide tousatthe Buyer’s expensethewritten opinion of (2) two recognized or reputable expertsapprovedinadvancebyus.Weshall notbeboundbyanyexpertreportproduced bytheBuyerandreservetherighttoconsult ourownexpertsatourexpense.If FutureGrail agrees to cancel or rescind a saleundertheAuthorshipWarranty,weshall refundtothe Buyer thereasonablecosts charged by the experts commissioned by the Buyer and approved in advance by us.
E6. The benefit of this Section E is personal to, and incapable of assignment by, you. It does notextendto subsequentownersofthe property,includingpurchasersorrecipientsby wayofgiftfromtheoriginal Buyer,heirs, successors, beneficiaries and assigns;
E7. All rights and benefits under this Section E will ceaseuponyoursaleordisposalofyour interestinthe Lot.The Buyer understands and accepts that the exclusive remedy for anybreachoftheAuthorshipWarrantyshall berescissionofthesaleandrefundofthe PurchasePrice paid.Thisremedy constitutes and shall be the sole remedy and recourseofthe Buyer againstFutureGrail, any of our affiliated companies and the Seller andisinlieuofanyotherremedy available as a matter of law or equity. FutureGailandnoneofouraffiliated companiesorthe Seller willbeliableforloss or damage beyond the remedy expressly providedinthisAuthorshipWarranty, whethersuchlossordamageclaimedis characterizedasdirect,indirect,special, incidentalorconsequential,orforthe payment of interest on the Purchase Price.
F. BIDDING IN ONLINE-ONLY SALES
F1. Reserves. Unless otherwise indicated, Lots will be offered for Sale subject to a Reserve which will be at or below the Lot’s pre-sale Estimate FutureGrail reservestherightto lower in its sole and absolute discretion the Reserve ofany Lot inthe OnlineSale 24 hours before the Sale closes where no Bids have been placed on the Lot Bidding on each Lot will unless otherwise stated open at or below the pre-sale Estimate specified in theparticulars forthat Lot andwill increaseat the increments provided as bidding on the Lot progresses.
F2. Bidding period. Once you are registered andapprovedfor bidding inthe OnlineSale, Bids may only be submitted during the period indicated for bidding on that Lot, ending with the Lot Closing.
F3. Currency. The Online Sale is conducted, and all Bids must be made, in USDollars. All bidding increments will be in that currency only and payment for any Lot that is the subject of a successful Bid must also be made inthecurrency ofthe Online Sale.Any currency conversion tool is provided on the online screen is for your convenience only.
F4. Placing Bids During an Online Sale, you can
Bid for a Lot by clicking the Bid button or you can place a maximum bid by selecting an amount from the dropdown menu Each Bid shall be final and binding as soon as you click the Bid button. You agree that each Bid submitted is irrevocableand cannot be amended or corrected even if submitted in error and notified to us. FutureGrail is not responsible for any errors you make in bidding You accept full responsibility for all Bids submitted through youronline Bidding account (includingthe liability to pay in full and on time in accordance with these ConditionsofSale for any Lot that is the subject of a successful Bid submitted from your account). We will reject any attempt by you to place a Bid lower than another Bid already placed for that Lot and offer you an opportunity to place a higher Bid
F5. Maximum Bids Instead of placing multiple, incremental Bids, you can choose to place a “Maximum Bid” on any Lot in the OnlineSale Placing a Maximum Bid (excluding Buyer’s Premium
F7. Outbid notifications. We will endeavour to notify you byemailifyouareoutbid or your Bid isbelow another Bid already accepted in which event you will have the option to place further Bids on that Lot provided the online-only auction is still live. You willbenotifieddirectlyonthe Lot’s page with the following on-screen notifications: “You havebeenoutbid”,providedyouareloggedinto FutureGrail.com.Ifyouarenotloggedinto FutureGrail.comyouwillreceivesuchnoticeby email.ClosingtheFutureGrail.combrowser windowisnotalog-outofyourFutureGrail.com account.Youshallberesponsibletofollowthe online-onlyauctioncloselyasyoumaybeoutbid inthelastminutesoftheonline-onlyauction (seeparagraph F9 ofDynamicBiddingbelow). Weshallnotberesponsibleinanyeventshould younotreceiveanyofthenotifications describedabove. In the event of a tie between Bids placed, the earlier Bid received by our servers shall be accepted.
F8. Winning Bids. Unless cancelled by us pursuant tothese ConditionsofSale ,thehighest Bid submitted when the online bidding for the Lot closes (LotClosing)shallbethesuccessful Bid thereby automatically declaring the winning Bidder a Buyer of the Lot. Winning Bidders will be notified/contacted and sent an invoice by email by FutureGrail after the online-only sale has closed. We will not notify you about Lots for which you were not the successful Bidder
F9 Dynamic bidding A countdown clock is displayed on the Lot description page for each Lot in the online-only auction. Dynamic bidding, also knownas“popcornbidding”,willco meintoeffect if a Bid is made within the last three (3) minutes of bidding time on a Lot. If a Bid is placed in the final 3 minutes of bidding time on a Lot the bidding periodonthat Lot willberesetto3minutes.This way, there will always be 3-minute period betweenthelast Bid placedandtheclosingtime of that Lot. For example, if there is a Bid placed
F10 Lot Closing. The time at which bidding shall close will be indicated for each Lot We will endeavour to email you a warning stating Lot Closing is due on a Lot on which you have been outbid. We strongly recommend you monitor Lots in which you are interested throughout the Sale. No Bids will be accepted after the Lot Closing for the Lot concerned.
F11. Staff bidding FutureGrail and our affiliated companies may participate in real time in the online-only sale. We have strict staff bidding policies in place to ensure our staff will have no advantage over other Bidders
F12. Our sale records conclusive. In the event of any discrepancy or dispute about bidding or the sale of any Lot the sale record maintained by FutureGrail on our servers shall be conclusive evidence of your activity in the Online Sale and shall be final and binding on you.
F13. Reasonable action(s) we may take. FutureGrail may take such action(s) as it reasonably considers appropriate to ensure the online-only auction runs smoothly in accordance with legal obligations set out in these Conditions of Sale and with the governing law. FutureGrail has no liability to Bidders or Buyers for any such action(s) which it may take during the Online Sale Such actions which FutureGrail reasonably considers appropriate to do so may include but are not limited to the following:
(a) refusal to accept Bids on a Lot
(b) restart the bidding afresh on a Lot at any time prior to, during or after a Sale;
(c) withdraw a Lot from the Online Sale; (d) re-offer a Lot after the Online Sale has closed;
(e) withdraw our permission for you to use online Bidding; or
(f) terminate an o nline Bidding account.
F14. Bidding through an agent Bids will be treated as placed exclusively by and on behalf of the person registered to Bid. If you wish to Bid on behalf of another person (your principal) you must complete the preregistration requirements set out above both on your own behalf and with full details of your principal. We will require written confirmation from the principal confirming your authority to Bid in our online-only auction.
G. BIDDER AND BUYER WARRANTIES
G1. You warrant that neither you nor - if you are a company, your directors, officers or your owner or their directors or shareholders - are an individual or an entity that is, or is owned or controlled by individuals or entities that are:
(a) the subject of any sanctions administered or enforced by the U.S. Department of theTreasury’s Office of Foreign Assets Control, the U.S. Departure of State, the United Nations Security Council, the European Union, Her Majesty’s Treasury, or other relevant sanctions authority (“Sanctions” and a “Sanctioned Party”); or (b) located, organised or resident in a country or territory that is, or whose government is, the subject of Sanctions, including without limitation, Iran, North Korea, Sudan and Syria.
G2 You warrant that the funds being used for your purchase have no link with criminal activity including without limitation money laundering, tax evasion or terrorist financing, and that you are not under investigation for, neither have been charged nor convicted in
connection with, any criminal activity. You also warrant that items purchased by you through FutureGrail are not being purchased to be used in any way connected with or to facilitate breaches of applicable tax, anti-money aundering or counter-Terrorism financing laws and regulations.
G3. Where you are acting as agent for another party (“your Principal”), you undertake and warrant that:
(a) you have conducted suitable customer due diligence into your Principal under applicable Sanctions and anti-money laundering and counter-terrorism financing laws and regulations;
(b) your Principal is not a Sanctioned Party and is neither owned nor controlled partially or wholly by a Sanctioned Party, and you have no reason to suspect that your Principal has been charged or convicted with, money laundering, Terrorism or other crimes;
(c) funds used for your Principal’s purchase are not connected with or derived from any criminal activity, including without limitation tax evasion, money laundering or terrorism financing;
(d) items purchased by your Principal through FutureGrail are not being purchased to be used in any way connected with or to facilitate breaches of applicable Tax, anti-money laundering or counter-terrorism financing laws and regulations; and
(e) that you consent to FutureGrail relying upon your customer due diligence, undertaking to retain records of your due diligence for at least 5 years and to make such due diligence records available for inspection by an independent auditor in the event we request you to do so.
H. BUYER’S PREMIUM AND OTHER CHARGES PAYABLE BY THE BUYER
H1. If you are the successful Bidder and Buyer of a Lot, the total Purchase Price you shall pay consists of the Hammer Price and the Buyer’s Premium
H2. The Hammer Price is the final, highest Bid accepted for a Lot when the Lot closes for bidding during the online-only sale. The Buyer’s Premium is the commission FutureGrail charges the successful highest Bidder and Buyer of the Lot
H3. A Buyer’s Premium is payable to FutureGrail by the Buyer in respect of the Lot calculated by reference to the Hammer Price and payable in addition to it.
H4. For an Online Sale a Buyer’s Premium will be payable by the Buyer on each Lot purchased in an amount equal to 5% of the Hammer Price
H5. Storage or deposit and handling charges may also be payable by the Buyer as detailed in the Online Sales Catalogue for the appropriate Sale or on our Website
H6. The total Purchase Price consisting of the Hammer Price and Buyer’s Premium payable to us by the Buyer(s) are exclusive of any GST or other Tax (whether imposed by Singapore or otherwise). If such Tax were to be paid under Singapore law or any other laws, the Buyer shall be solely responsible to pay such Tax and at the rate and time as required by the relevant law(s) or if such Tax is to be paid by us, we may add such Tax to the Purchase Price
H7. It is your responsibility to pay any other sales or use Taxes and customs duties due on the purchase as well as on export or import of the property after purchase.
I. SELLER’S PREMIUM AND OTHER CHARGES PAYABLE BY THE SELLER
Effective as of 21 March 2024 | Page 3 on a Lot when there are 2 minutes and 51 seconds remaining to Bid on that Lot 9 seconds will be added in order to reset the remaining bidding time for that Lot to 3 minutes. These bidding time resets will be limited to three (3) resets. Bidding activities after the last reset will not cause further resets.
I.1. First-time Sellers. In the case of a Seller (excluding FutureGrail in our capacity as principal) placing their Lot or this Online Sale or the first time, a Seller’s Premium is payable if that Lot is purchased. That Seller’s Premium on each Lot purchased is of 5% of the Hammer Price. The Seller’s Premium is exclusive of charges or Tax referred to in paragraph H6
I.2. As a benefit to Sellers, we shall fully waive the Seller’s Premium if the same Lot is sold again on an Online Sale. We reserve the right to verify the Lot’s identity and other aspects including without limitation its authorship, condition, provenance, history, background, authenticity, style, period, age, quality, origin and value before letting the Seller place it on our platform for Sale again.
J. PURCHASE AND PAYMENT
J1. You will be sent an invoice if you have been successful in your bidding and you may check the results that are published by FutureGrail online after the Sale
J2. You agree to pay for collection, shipment or deposit of the Lot, as the case may be, upon payment of an agreed fee in respect of any Lot that is the subject of a successful Bid submitted by you or from your online bidding account in accordance with these Conditions of Sale. Payment must be made by the invoiced party with reference to the relevant invoice number.
J3. It is essential that you ensure that you have readily available funds to pay the Purchase Price, the Buyer’s Premium (plus Tax and any other charges and Expenses to us) and NFT minting fees (if ordered) in full before making a Bid for the Lot
J4 If you are a successful Bidder, payment will be due to us immediately and not later than 4.00 pm on the second working day after the Sale Payments made by anyone other than the registered Buyer will not be accepted. FutureGrail reserves the right to vary the terms of payment at any time. Interest will be charged on late payments at the rate of 12% per annum.
J5 FurtureGrail’s preferred payment method is by bank/wire transfer. You may electronically transfer funds to our Bank Account. If you do so, please quote your online paddle number (in your invoice) and invoice number as a reference. Our Bank Account details are as follows: Bank: DBS Bank Ltd Address: 12 Marina Boulevard, Marina BayFinancial Centre Tower 3, Singapore018982 Account Name: Future Grail Pte. Ltd. Account Number: 072-9274-916 Swift Code: DBSSSGSGXXX
J6. If paying by bank transfer, the amount received after the deduction of any bank fees and/or conversion of the currency of payment to US dollars must not be less than the US dollar amount payable, as set out on the invoice.
K. TITLE, RISK, STORAGE AND COLLECTION OR DEPOSIT OF PURCHASES
K1. Passing of Title. Title to the Lot remains and is retained by the Seller unless (i) the Purchase Price and all other sums payable by you to FutureGrail in relation to the Lot have been paid in full to and received in cleared funds by FutureGrail; (ii) if applicable, your payment of all outstanding amounts you may owe to FutureGrail or any of our affiliated companies in cleared funds; and (iii) FutureGrail has received and investigated any information we may require from you to complete our anti-money laundering and counter-terrorism financing checks.
K2. Storage of Lots sold whole. For Buyers of whole Lots We provide complimentary storage for up to thirty (30) days after the Lot Closing. We will send you reminders but if you do not collect your Lots within the 30-day period, your contact details will be passed to our storage provider(s). They will contact you to set up an account in your name for your ongoing storage requirements.
K3 Fees for uncollected Lot(s) Any Lot referred to at Section K2 collected after the 30day free storage period shall be subject to storage and release fees for uncollected Lot(s) These fees depend on the size and nature of your Lot(s) For details please contact us by email info@futuregrail.com. We will not release such purchased Lots to the
Buyer until the Purchase Price and all charges have been paid in full.
K4. Deposit of Lots sold subject to fractional ownership Buyers of Fractional Shares of a Lot after the Lot Closing shall collectively consent or be deemed to have consented to deposit of that Lot by FutureGrail in our secure vaults at 100E Pasir Panjang Road #03-01, Singapore 118521. Such a Lot deposit shall be subject to reasonable fees and charges on terms as FutureGrail may at their reasonable discretion determine. Provided the Buyers full performance of their obligations described in paragraph K1, FutureGrail shall as soon as practicable transfer free of charge through public address to the crypto wallets of Buyers of such Fractional Shares of a Lot NFTs certifying digital proof of ownership and authenticity in respect of Fractional Shares purchased. [K4 Not Applicable to sale of whole Lots]
K5. Collection or Shipment of Lot You must arrange to collect or ship your purchased Lot referred to in paragraph K2 promptly after the auction closes. Please give us at least two (2) working days’ notice of the date you intend to collect, so that we can prepare the necessary release paperwork. To arrange your collection please contact FutureGrail at email: info@futuregrail.com or Tel: +65 88032217.
K6. Options for Collection and Checklist If you would like to collect your Lot referred to in paragraph K5 from our museum at 100E Pasir Panjang Road #03-01, Singapore 118521, you can do so by prior arrangement. Lot will be available for collection during office hours (9am to 5 pm weekdays). The collection checklist consists of (i) confirmed date agreed with FutureGrail; (ii) a valid government issued identification (e.g. passport or ID card); and (iii) if an agent is collecting on your behalf, a signed authorisation letter or instruction. At collection, packed Lot(s) will be opened to allow you or your authorised representative to inspect the Lot(s) before we release them for collection. If you are using shippers or agents to collect the Lot(s) on your behalf, please ask them to bring appropriate packing material to re-pack and re-seal the Lot(s) FutureGrail will not be responsible for the act(s) or omission(s) of any shippers or agents you appoint or instruct to collect the Lot(s) on your behalf. Property is collected by the Buyer at the point it is handed over in Singapore by FutureGrail to the Buyer or to a third-party shipper acting for the Buyer. The Buyer is responsible for paying any import duties and local taxes payable to import the Lot(s) to their final destination.
K7. Passing of Risk Lot(s) referred to at Section K2 will be at your risk after the 30day free storage period. If you do not have appropriate insurance cover in place, you will need to make separate insurance arrangements. Please contact FutureGrail for further details.
L. FAILURE TO COLLECT OR DEPOSIT PURCHASES
L1. Failure to Collect. If a purchased Lot referred to at paragraph K2 is paid for but not collected or shipped within six (6) months of Lot Closing, the Buyer authorises or is deemed to have authorised FutureGrail, upon notice, to arrange a resale of the item by auction or private sale, with Estimates and a Reserve set or Without Reserve at FutureGail’s sole discretion. The proceeds of such sale will be applied to pay for storage charges and any other outstanding costs and expenses owed by the Buyer to FutureGrali or our affiliated companies and the remainder, if any, will be forfeited unless collected by the Buyer within two (2) years of the original auction.
L2. Failure to Deposit. If a purchased Lot referred to at paragraph K4 is paid for but the charges of deposit remain unpaid for a period of six (6) months from the Lot Closing, the Buyers authorise or are deemed to have authorised
FutureGrail, upon notice, to arrange a resale of the item by auction or private sale, with Estimates and a Reserve set or Without Reserve at FutureGail’s reasonable discretion. The proceeds of such sale will be applied to pay for deposit charges and any other outstanding costs and expenses owed by the Buyers to FutureGrail or our affiliated companies and the remainder, if any, will be forfeited unless collected by the Buyers within two (2) years of the original auction. [L2 Not Applicable] to sale of whole Lots
M. PROVISION OF ONLINE SALES AND LIMITATIONS OF FUTUREGRAIL’S LIABILITY
M1. Any currency conversion tool is provided for your convenience only and is an approximate guide to the equivalent amount in the specified currencies. You are therefore encouraged to perform your own research into the applicable exchange rates prior to placing a Bid We do not accept any responsibility for any errors that may occur as a consequence of reliance upon the currency conversion tool.
M2. Our Online Sales are provided on the basis that you shall place Bids on your own behalf. In the event FutureGrail agrees to place a Bid on your behalf in an Online Sale we do so as an additional service without charge, and FutureGrail a ccepts no responsibility, duty or liability whatsoever or howsoever arising, whether for negligence or otherwise, in the placing or failure to place such Bids
M3 Lots offered for Sale will vary in terms of age, condition and type, with actual or potential faults, imperfections and repairs, and are offered for Sale “as is” in their condition as at the time of Sale Lot Description reflect FutureGrail’s reasonable opinion within the terms on and circumstances under which they are provided, are provided for general reference and do not purport to be and may not be taken as complete description of the Lot
M4 Descriptions and Condition Reports may contain inaccuracies and typographical errors and we do not warrant the accuracy or completeness of the content or that any defects will be noted or corrected. Condition Reports represent our reasonable opinion. You acknowledge that we are not restorers or conservators and such reports are intended to offer a general view as to the overall condition of the Lot but may not and usually do not cover all condition issues. Online images depend on connectivity and performance of computer equipment and may not accurately represent the Lot’s colours and shades. With the exception of the Authorship Warranty in S ection E, FutureGrail does not offer any warranty for Lot Description, Condition Reports, including any warranty of satisfactory quality merchantability, fitness for purpose, attribution, authenticity or provenance, and any express or implied warranties are specifically excluded by FutureGrail, our affiliated companies and the Seller to the fullest extent permitted by law.
M5. FutureGrail reserves the right, in our sole discretion, to correct any error(s) or omission(s) in any portion of the Online Sale and to make any change(s) to the features, functionality and/or content of the Online Sale at any time. Aside from the Authorship Warranty in Section E and other than in the event of its fraud or fraudulent misrepresentation, FutureGrail excludes iability whether in negligence or otherwise for any error or omission in any Description of a Lot or any Estimate in respect of any Lot or the contents of any Condition Report or otherwise, whether given orally or in writing and whether given at any stage of the Sale.
M6. Subject to paragraph M7 Neither FutureGrail nor t he Seller will be liable for any loss of business, profits, revenue or income, or for loss of reputation, or for Indirect losses or consequential damages of any kind, irrespective in any case of the nature, extent, volume or source of the loss or damage alleged to be suffered,and irrespective of whether the said loss or damage is caused by or
claimed in respect or on account of any negligence, other tort, breach of contract or statutory duty, restitutionary claim or otherwise.
M7. Maximum liability Without prejudice to the provisions of Section M in any circumstances where FutureGrail and/or our affiliated companies and/or the Seller is liable in relation to any Lot or any Description or Estimate made of any Lot or the conduct of any Sale in relation to any Lot, whether in damages, for an indemnity or contribution, or for a restitutionary remedy or otherwise, our, and/or our affiliated companies’ and/or the Seller’s maximum liability in combination shall be limited to payment of a sum which will not exceed or go beyond the amount of the Purchase Price of the Lot irrespective in any case of the nature, extent, volume or source of any loss or damage alleged to be suffered whether such loss or damage claimed is characterized as direct, indirect, general, special, incidental or consequential or sum claimed as due, and irrespective of whether the liability arises from any negligence, other tort, breach of contract or statutory duty or otherwise.
M8. Nothing contained in this Section M will be construed as excluding or restricting (whether directly or indirectly) FutureGrail’s or the Seller’s liability or excluding or restricting any person’s rights or remedies in respect or on account of (i) fraud, or (ii) death or personal injury caused by FutureGrail or the Seller’s negligence (or by the negligence of any person under our control or for whom we are legally responsible), or (iii) any other liability to the extent the same may not be excluded or restricted by reference to a term, notice or otherwise as a matter of law. The same applies in respect of the Seller as if references to us in this paragraph M8 were substituted with references to the Seller N. FUTUREGRAIL’S REMEDIES FOR NON-PAYMENT
N1. In respect of Lots referred to at paragraph K2. Without prejudice to any rights the Seller may have, if the Buyer fails to pay the Purchase Price for a Lot in cleared funds within 7 (seven) days of the Lot Closing we may in our sole discretion exercise one (1) or more of the following remedies:
(a) store the Lot at FutureGrail's premises or elsewhere at the Buyer’s sole risk and expense;
(b) cancel the sale of the Lot, retaining any partial payment of the Purchase Price as liquidated damages;
(c) reject future Bids from the Buyer or render such Bids subject to payment of a deposit;
(d) charge interest at a rate of 12% per annum from the date payment became due until the date the Purchase Price is received in cleared fund;
(e) subject to notification to the Buyer, exercise a lien over any of the Buyer’s property which is in the possession of FutureGrail and instruct our affiliated companies to exercise a lien over any of the Buyer’s property which is in their possession and, in each case, no earlier than 30 days from the date of such notice arrange the sale of such property and apply the proceeds to the amount owed to FutureGrail or any of our affiliated companies after the deduction from sale proceeds of our standard vendor’s commission, all sale-related expenses and any applicable taxes thereon;
(f) resell the Lot by auction or private sale, with an Estimate and a Reserve set at FutureGrail’s reasonable discretion. In the event such resale is for less than the original Hammer Price and Buyer's Premium for that Lot the Buyer will remain liable for the shortfall together with all costs incurred in such resale;
(g) commence legal proceedings to recover the Hammer Price and Buyer's Premium for that Lot together with interest and the costs of such proceedings;
(h) set off the outstanding amount remaining unpaid by the Buyer against any amounts which we or any of our affiliated companies may owe the Buyer I n any other transaction(s);
(i) release the name and address of the Buyer
to the Seller to enable the Seller to commence legal proceedings to recover the amounts due and legal costs; and/or
(j) take such other action as we deem necessary or appropriate.
N2. In respect of Lots referred to at paragraph K4. Without prejudice to any rights the Seller may have, if the Buyer fails to pay the Purchase Price for a Fractional Share of a Lot in cleared funds within 7 (seven) days of the Lot Closing we may in our sole discretion exercise one (1) or more of the following remedies
(a) cancel the sale of a Fractional Share of a Lot, retaining any partial payment of the Purchase Price as liquidated damages;
(b) reject future Bids from the Buyer or render such bids subject to payment of a deposit;
(c) charge interest at the a rate of 12% per annum from the date the Purchase Price is received in cleared fund.
(d) subject to notification to you, exercise a lien over any of the Buyer’s property which is in the possession of FutureGrail and instruct our affiliated companies to exercise a lien over any of the Buyer’s property which is in their possession and, in each case, no earlier than 30 days from the date of such notice arrange the sale of such property and apply the proceeds to the amount owed to FutureGrail or any of our affiliated companies after the deduction from sale proceeds of our standard vendor’s commission, all sale-related expenses and any applicable taxes thereon;
(e) resell the Fractional Share of a Lot by auction or private sale, with an Estimate and a Reserve set at FutureGrail’s reasonable discretion. In the event such resale is for less than the original Hammer Price and Buyer's Premium or that Fractional Share of a Lot the Buyer will remain liable for the shortfall together with all costs incurred in such resale;
(f) commence legal proceedings to recover the Hammer Price and Buyer's Premium for that Fractional Share of a Lot together with interest and the costs of such proceedings;
(g) set off the outstanding amount remaining unpaid by the Buyer against any amounts which we or any of our affiliated companies may owe the Buyer in any other transactions;
(h) release the name and address of the Buyer to the Seller to enable the Seller to commence legal proceedings to recover the amounts due and legal costs; and/or
(i) take such other action as we deem necessary or appropriate. [N2 not applicable]
O. COPYRIGHT
O.1. The copyright in all images, illustrations and written material produced by or for FutureGrail relating to a Lot, including the contents of the online Sale Catalogue and sale particulars, is and shall remain at all times the property of FutureGrail and, such images and material may not be used by the Buyer or any other party without our prior written consent. FutureGrail and/or the Seller make no representations or warranties that the Buyer of a Lot will acquire any copyright or other reproduction rights in a Lot
P. PRIVACY
P1. You acknowledge and understand that we may process your personal data (including potentially special category data) in accordance with our
privacy policy from time to time as published at futuregrail.com
P2. Our privacy policy sets out: (i) the types of personal data we will or may collect and process; (ii) the purposes for which we will or may process your personal data (including for example the provision of auction, private sale and related services; the performance and enforcement of the Conditions of Sale the carrying out of identity and credit checks; keeping you informed about upcoming auctions, exhibitions and special events; and generally where reasonably necessary in the management and operation of our business); (iii) the lawful bases on which we rely in performing our processing of your personal data; (iv) your rights in respect of our processing of your personal data; and (v) various other information as required by applicable laws.
P3. Your communications with FutureGrail, including by telephone and online may also be recorded for security, client service and Bid monitoring purposes. Where we record such information we will process it in accordance with our Privacy Policy available at http://www.futuregrail.com.
Q. GENERAL
Q1. You may not assign either the benefit or burden of this Agreement.
Q2. FutureGrail’s failure or delay in enforcing or exercising any power or right under this Agreement will not operate or be deemed to operate as a waiver of our rights under it except to the extent of any express (not implied) waiver given to you in writing. Any such waiver will not affect our ability subsequently to enforce any right arising from this Agreement.
Q3. If either or any party to this Agreement is prevented from performing that party’s obligations under this Agreement by circumstances beyond its reasonable control or if performance of its obligations would by reason of such circumstances give rise to a significantly or substantially increased financial cost to it, that party will not, for so long as such circumstances prevail, be required to perform such obligations. This paragraph Q3 does not apply to the obligations imposed on you by Sections D (Registration), F (Bidding), G (Warranties) and J (Payment).
Q4. Any notice or other communication to be given under this Agreement shall be in writing and shall be delivered by hand or sent by first class post or air mail or electronic transmission (if to FutureGrail marked for the attention of the company secretary), to the address or electronic mailing address of the relevant party (unless notice of any change of address is given in writing). It is the responsibility of the sender of the notice or communication to ensure that it is received in a legible form within any applicable time period.
Q5. If any term or any part of any term of this Agreement is held to be unenforceable or invalid, such unenforceability or invalidity will not affect the enforceability and validity of the remaining terms or the remainder of the relevant erm.
Q6. The headings used in this Agreement are for convenience only and will not affect its interpretation. Words and phrases shown in italics shall have the meanings ascribed in the Definitions Section U
Q7. References to the singular will include reference to the plural (and vice versa) and reference to any one gender will include reference to the other genders.
Q8. Unless otherwise specified, references to a lettered or numbered section or paragraph is to a section or paragraph of this Agreement.
Q9. Save as expressly provided by Section Q10 , nothing in this Agreement confers (or purports to confer) on any person who is not a party to this Agreement any benefit conferred by, or the right to enforce any
term of, this Agreement
Q10. Notwithstanding paragraph Q9 , where this Agreement confers an immunity from, and/or an exclusion or restriction of, the responsibility and/or liability of FutureGrail, it will similarly and to like effect operate in favour and for the benefit of FutureGrail’s holding companies and the subsidiaries of such holding companies and the successors and assigns of FutureGrail and of such companies and of any officer, employee and agent of FutureGrail and such companies, each of whom will be entitled to rely on the same relevant right at law.
Q11. FutureGrail may from time to time make changes to the Conditions of Sale Any changes shall be posted on our Website at https://www futuregrial.com Please review these Conditions of Sale regularly to ensure you are aware of any changes made by us. If you participate in our Online Sales after changes have been made and posted, you shall be deemed to have agreed to and accepted such changes.
R. GOVERNING LAW AND DISPUTE RESOLUTION
R1. The rights and obligations of the parties with respect to these Conditions of Sale , the conduct of the Online Sale and any matters or transactions arising out of or in connection with the Sale and this Agreement will be governed by and interpreted in accordance with Singapore law, excluding its conflicts of law rules.
R2. In the unlikely event of a dispute or difference (whether contractual or otherwise) arising during or after the Online-only Sale has closed, FutureGrail’s sale record shall be conclusive.
R3. FutureGrail, all Bidders and Buyers and all Sellers agree to refer to and finally resolve all or any such dispute(s) and difference(s) arising out of and in connection with this Agreement (including any question(s) regarding its existence, validity and termination) by arbitration in Singapore in accordance with SIAC Arbitration Rules 2016 (6th Ed., 1 August 2016) which rules are deemed to be incorporated by reference in this Agreement. The seat of the arbitration shall be Singapore. The language to be used in the arbitration shall be English. TheTribunal shall consist of one (1)arbitrator.
S. EU CONSUMER RIGHTS DIRECTIVE
S1. If you are a consumer habitually residing in the United Kingdom or the European Union and the Seller of the Lot you have bought is not a consumer, you have the right under the EU Consumer Rights Directive as implemented into applicable national law, to cancel your online purchase within fourteen (14) days of the date you collect the Lot or it is delivered to you (in the case of a purchase of whole Lot) or within 14 days of the date of receipt of of a NFT (in the case of a purchase of a Fractional Share of a Lot) (“Cancellation Period”). If the Seller of the Lot is also a consumer as identified in the Lot particulars by the phrase "Please note this lot is the property of a private individual," the cancellation right does not apply.
S2. If you qualify for the cancellation right and wish to exercise it, you must notify us in writing within the Cancellation Period. You are considered to have collected a whole Lot if you (or someone you authorise) collects the Lot on your behalf. Your are considered to have received a Fractional Share of a Lot once a NFT in respect of that Fractional Share is transferred to your crypto wallet.
S3. Your written notice should be sent within the Cancellation Period by post to FutureGrail.The notice should state your name, residential address, contact details, invoice number, FutureGrail account number, description of the property and its date of collection or delivery or date of receipt of NFT and that you wish to exercise the EU Consumer Rights Directive cancellation right (“Cancellation Notice”).
S4. Within 14 days of sending us your Cancellation Notice, you must return the property to us at your own cost in an unused/unaltered state in the same condition as when it was collected by or delivered or transferred to you. If the property was delivered to you, you should use the same secure shipping methods as we used to deliver the property to you. You must pay all return shipping or return transfer costs including any applicable import and customs fees, charges and taxes.
S5. Upon receiving the property and provided it is in the same condition, we will reimburse the Purchase Price you paid (less any deductions for loss in value of the property due to excessive
Effective as of 21 March 2024 Page 5
handling) to the same means of payment you used to pay the invoice.
T. FUTUREGRAIL’S RIGHT TO CANCEL SALE OF LOT
T1. FutureGrail has the right, but not the obligation, to cancel the sale of a Lot if we reasonably believe:
(a) there is a material breach of the Sellers representations and warranties;
(b) a valid claim is made by the Buyer under the Authorship Warranty described in Section E;
(c) a third party claim to ownership or title in the Lot is made;
(d) The Seller issues a Withdrawal Notice to FutureGrail.
(e) other just causes exist.
U. DEFINITIONS AND GLOSSARY DEFINITIONS
“Auctioneer”: FutureGrail in our role or capacity as a person who conducts the onlineonly auction by controlling and accepting Bids and declaring goods sold.
“Agreement”: refers to and synonymous with the Conditions of Sale
“Bid”: an offer in an online-only auction to purchase goods a certain price.
“Bidder”: Any person considering, attempting or making a Bid including those who have completed a Bidding Form or otherwise have registered to Bid
“FutureGrail”: FutureGrail Pte. Ltd (UEN 202237565H) at River Valley Road #02-01, Singapore 248327 or its successors or assigns. FutureGrail is also referred to in these Conditions of Sale by the words “we”, “us” and “our”.
“Business” includes any trade, Business and profession.
“Buyer”: the Bidder who has placed the highest bid at the closing of the Lot during the Online Sale process. The Buyer is also referred to in the Conditions for Sale by the words “you” and “your”.
“Buyer’s Premium”: the sum calculated on the Hammer Price at the rate(s) stated in the Conditions of Sale
“Condition Report”: a report on aspects of the physical condition of a Lot provided to a Bidder or potential Bidder by FutureGrail on behalf of the Seller.
“Conditions of Sale”: refers to and synonymous with Agreement
“Consumer”: a private individual who is acting for the relevant purpose outside his trade, Business or profession.
“Contractual Description”: the only Description of the Lot (being that part of the Entry about the Lot in the Online Sales Catalogue which is in bold letters and underlined, if any, and any photograph (except for the colour) to which the Seller undertakes in the Conditions of Sale the Lot
corresponds.
“Description”: any statement or representation in any way descriptive of the Lot including any statement or representation relating to its authorship, attribution, condition, provenance, authenticity, style, period, age, suitability, quality, origin, value, Estimated selling price (including the Hammer Price).
“Entry”: a written statement in the Catalogue identifying the Lot and its Lot number which may contain a Description and illustration(s) relating to the Lot.
“Estimate”: a statement of our opinion of the range within which the hammer is likely to fall.
“Expenses”: charges and Expenses paid or payable by FutureGrail in respect of the Lot including legal Expenses, banking charges and Expenses incurred as a result of an electronic transfer of money, charges and Expenses for loss and damage cover, insurance, Catalogue and other reproductions and illustrations, any customs duties, advertising, packing, shipping or transfer costs, reproductions rights’ fees, taxes, levies, costs of testing, searches or enquiries, preparation of the Lot for Sale storage charges, removal charges, deposit charges or costs of collection from the Seller as the Seller’s agents or from a defaulting Buyer, plus GST if applicable.
“Forgery”: an imitation intended by the maker or any other person to deceive as to authorship, attribution, origin, authenticity, style, date, age, period, provenance, culture, source or composition, which at the date of the Sale had a value materially less than it would have had if the Lot had not been such an imitation, and which is not stated to be such an imitation in any Description of the Lot. A Lot will not be a Forgery by reason of any damage to, and/ or restoration and/ or alteration work (including repainting or over painting) having been carried out on the Lot, where that damage, restoration or alternation work (as the case may be) does not substantially affect the identity of the Lot as one conforming to the Description of the Lot.
“Fractional Share” a portion of a Lot for Sale to the highest Bidder in an Online Sale.
“Hammer Price”: the price in the currency in which the Sale is conducted at which a Lot is knocked down by the Online Sale to the successful Bidder.
“Lot”: any item consigned to or owned by FutureGrail with a view to its Sale by Online Sale (and reference to any Lot will include, unless the context otherwise requires, reference to Fractional Shares of that Lot or individual items comprised in a class or group of two or more items offered for Sale as one Lot).
“Lot Closing”: the point at which the period for bidding on the Lot ends.
“NFT”: Non fungible token (cyrptographic asset) based on blockchain technology. It is a unique digital identifier that cannot be copied, substituted or subdivided and used to certify ownership and authenticity.
“Online Sales Catalogue”: the Online Sales Catalogue on FutureGrail’s Website containing the Lot for Sale.
“Online Sale”: an auction Sale arranged by FutureGrail at which all Bids are submitted remotely by electronic means.
“Purchase Price”: the aggregate of the Hammer Price Price (and any Tax on the Hammer Price) and the Buyer’s Premium (and any Tax on the Buyer’s Premium) and any Expenses.
“Reserve”: the minimum price at which a Lot may be sold.
“Sale”: the Online Sale at which a Lot is to be offered for Sale by FutureGrail
“Seller”: the person who offers the Lot for Sale.
“Seller’s Premium”: sum calculated on the Hammer Price at the rate(s) stated in the Conditions of Sale.
“Specialist”: a person appointed, engaged or employed by FutureGrail to assess the condition of a Lot.
“Specialist Examination”: a visual examination of a Lot by a specialist on the Lot.
“Storage Contractor”: means the company identified as such in the Online Sales Catalogue.
“Tax”: means all taxes, charges, duties, imposts, fees, levies or other assessments, and all estimated payments thereof including without limitation income, business profits, branch profits, excise, property, sales, use, goods and services (GST), environmental, franchise, customs, import, payroll, transfer, gross receipts, withholding, social security, unemployment taxes, as well as stamp duties and other costs, imposed by the Singapore government applicable from time time and any interest and penalty relating to such taxes, charges, fees, levies or other assessments.
“Terrorism”: means any act or threatened act of Terrorism, whether any person is acting alone or on behalf of or in connection with any organisation(s) and/or government(s), committed for political, religious or ideological or similar purposes including, but not limited to, the intention to influence any government and/or put the public or any section of the public into fear.
“GST”: goods and services tax at the prevailing rate at the date of the Sale in Singapore
“Website”: FutureGrail’s Website at www.furuturegrail.com
“Withdrawal Notice”: the Seller’s written notice to FutureGrail revoking our instructions to sell a Lot.
“Without or No Reserve”: where there is no minimum price at which a Lot may be sold. This will be indicated by the Lot in the Online Sales Catalogue.
GLOSSARY
The following expressions have specific legal meanings with which you may not be familiar. This glossary is intended to give you an understanding of those expressions but is not intended to limit their legal meanings:
“indemnity”: an obligation to put the person who has the benefit of the indemnity in the same position in which he would have been, had the circumstances giving rise to the indemnity not arisen and the expression “indemnify” is construed accordingly.
“lien”: a right for the person who has possession of the Lot to retain possession of it.
“risk”: the possibility that a Lot may be lost, damaged, destroyed, stolen, or deteriorate in condition or value. “title”: the legal and equitable right to the ownership of a Lot.
“tort”: a legal wrong done to someone to whom the wrong doer has a duty of care.
“warranty”: a legal assurance or promise, upon which the recipient is entitled to rely.
