THE GENEVA WATCH AUCTION: SEVEN [Catalogue]

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An attractive and extremely rare yellow gold wristwatch with enamel dial retailed by Hausmann & Co

Manufacturer

Patek Philippe

Year

1956

Reference No.

2577

Movement No.

746’439

Case No.

689’670

Material

18K yellow gold

Calibre

Manual, cal. 10-200, 18 jewels

Bracelet/Strap

Leather

Clasp/Buckle

18K yellow gold pin buckle signed PPCo.

Dimensions

35mm Diameter

Signed

Case, dial and movement signed

Estimate CHF 70,000-140,000 $74,100-148,000 €60,000-120,000 Accessories Accompanied by Patek Philippe Extract from the Archives confrming production of the present watch in 1956 and its subsequent sale on April 12, 1957.

When associating the words Patek Philippe and grand feu enamel dial the automatic reference 2526 and its successor the reference 3428 immediately come to mind. However, the elusive reference 2577 launched in 1956 is also part of this elite circle and much rarer than its peers. In fact it is so rare that previously only 6 examples in yellow gold were known. The present lot is the seventh and earliest example. Enhancing even more its desirability and transforming rare into unique is the Hausmann & Co signature on the dial of the present lot. Founded in Rome in 1794 by Ernst Hausmann and Hermann Frielingsdorf, Hausmann & Co. is one of Patek Philippe’s most prominent retailers in Italy. The present reference 2577 is the only known with this prestigious signature. Unlike the references 2526 and 3428 housed in rather classical Calatrava style cases, the present model with its faceted “spider lugs” is audacious and unashamed which together with the beautiful, delicate and unharmed cream grand feu enamel dial with gilt Patek Philippe signature create a watch of incredible equilibrium and appeal. Fresh to the market, the ultra-rarity of this reference along with the prestigious Hausmann & Co signature make the present watch a must have in any collection.

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THE GENEVA WATCH AUCTION: SEVEN [Catalogue] by PHILLIPS - Issuu