Important Modern & Vintage Timepieces

New York, Apr 09, 2014

LOT 33

PATEK PHILIPPE MINUTE-REPEATING SPLIT-SECONDS CHRONOGRAPH Patek, Philippe & Cie, Geneve, No. 125213, case No. 238185. Made for Bailey, Banks & Biddle Co., Philadelphia, in 1905, sold on September 7th, 1905. Very fine and rare, minute-repeating, keyless, 18K yellow gold pocket watch with split-seconds chronograph, register and "Special" movement. Accompanied by the Extract from the Archives.

USD 30,000 - 40,000

HKD 230,000 - 310,000 / CHF 26,000 - 35,000

Sold: USD 52,500

Four-body, solid, polished, curved rectangular pusher on the band for the split-seconds function, locking bolt at 11 o'clock. Dedicated hinged gold cuvette. White enamel, painted Breguet numerals, outer 1/5th seconds track with red Arabic 5-seconds markers, subsidiary dials for the seconds and 60-minute register. Gold Louis XV hands. Cal. 16''', "Special", rhodium-plated, fausses cotes decoration, 40 jewels, counterpoised straight-line lever escapement, cut bimetallic compensation balance, blued steel Breguet balance spring, swan-neck micrometer regulator, repeating on gongs activated by a slide on the band.


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Grading System
Grade: AAA

Excellent

Case: 3

Good

Movement: 2*

Very good

Overhaul recommended, at buyer's expense

Dial: 2-01

Very good

HANDS Original

Notes

Dial, case and movement signed Bailey, Banks & Biddle Co., movement signed Patek Philippe & Cie, case with Calatrava punch mark. DIAM. 47 mm.