Important Modern & Vintage Timepieces

Geneva, May 10, 2015

LOT 504

PATEK PHILIPPE REF. 2499/100 FOURTH SERIES RETAILED BY TIFFANY & CO YELLOW GOLD Patek Philippe, Genève, No. 869277, case No. 2792133, Ref. 2499/100, retailed by Tiffany & Co (New York). Made in 1983, sold on December 9th, 1983. Very fine and rare, 18K yellow gold wristwatch with round button chronograph, 30-minute register, perpetual calendar, moon phases and an 18K gold Patek Philippe buckle. Accompanied by the Extract from the Archives.

CHF 300,000 - 500,000

HKD 2,410,000 - 4,000,000 / USD 311,000 - 520,000

Sold: CHF 471,750

Three-body, solid, polished and brushed, concave bezel, fluted lugs, rounded band with correctors, domed sapphire crystal, caseback with initials. Matte silver with applied yellow gold bâton and pyramidal indexes, outer minutes and fifths of a second divisions, subsidiary dials for the seconds and the 30-minute register, graduation for the date, apertures for the days of the week, the months and the moon phases. Yellow gold dauphine hands. Cal. 13''', rhodium-plated, fausses côtes decoration, 23 jewels, stamped with the Seal of Geneva Quality Mark, straight-line lever escapement, monometallic balance with 8 adjustments, self-compensating Breguet balance spring, swanneck micrometer regulator.


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Grading System
Grade:
Case: 2-8

Very good

Slightly scratched

Movement: 2*

Very good

Overhaul recommended, at buyer's expense

Dial: 2-8-01

Very good

Slightly scratched

HANDS Original

Notes

Dial, case and movement signed, dial also signed Tiffany & Co. DIAM. 38 mm. THICKNESS 13 mm. Tiffany & Co. and Patek Philippe Tiffany & Co and Patek Philippe have enjoyed a very long history together. It all began in 1851, when founders of the two companies, Antoine Norbert de Patek in Geneva and Charles Lewis Tiffany in New York shook hands to establish their partnership. Since then, they have continuously maintained a successful relationship. In most recent history, Patek Philippe celebrated its 150th anniversary with Tiffany & Co., by producing a limited edition Reference 5150 also known as the « T-150 » in yellow gold, pink gold, and in white gold. This present reference 2499/100 is part of the Fourth Series made in the early 1980's by Patek Philippe. Bearing the signature of the famous New York jewelery retailer, it is part of a very exclusive series known in existence. The fact that very few Reference 2499 were ever made, the present example with the retailer's signature on the dial makes this piece an extremely rare combination and would be considered as the ultimate trophy for watch collectors worldwide. Reference 2499 Reference 2499 is considered as one of the most iconic models ever produced by Patek Philippe. Over the past several decades, this reference has become the most collectible model of all complicated timepices made by the famous Swiss watchmaker. Introduced in the market in the early 1950's, this reference replaced the famous Reference 1518, the first ever perpetual calendar and chronograph wristwatch made in a series by the brand. This model was produced for over a period of 35 years, until the early 1980's concluding its run with the Fourth Series, as seen as in this present lot. To our knowledge 349 pieces were made in total during its production run, the majority of them encased in yellow gold. Approximately 9 pieces were produced each year at the ateliers in Geneva, with very few signed with the retailers' names on the dial. A similar example is illustrated in Patek Philippe Wristwatches by Martin Huber & Alan Banbery, second edition, pp. 302 & 304, and Patek Philippe Museum - Patek Philippe Watches Vol. I, pp. 306-307. Reference 2499 produced from 1951 to 1985 ? FIRST SERIES From 1951 to circa 1960, square buttons, feuille hands, applied Arabic numerals, fluted lugs. ? SECOND SERIES Square buttons, dauphine hands, applied indexes, Arabic 12. ? THIRD SERIES From 1960 to 1978, round buttons, dauphine or feuille hands, applied baton indexes. Caliber 13''' ? FOURTH SERIES From 1978 to circa 1985, reference number re-assigned as Ref. 2499/100, round buttons, sapphire crystal, dauphine hands, applied baton indexes. Lot 495 - 504 Property of a Gentleman