Important Modern & Vintage Timepieces

Hong Kong, May 31, 2025

LOT 362

PATEK PHILIPPE, REF. 3448, PERPETUAL CALENDAR, 18K YELLOW GOLD

HKD 700,000 - 1,000,000

EUR 80,000 - 116,000 / CHF 75,000 - 108,000 / USD 91,000 - 130,000

A fine and extremely rare, self-winding, 18K yellow gold perpetual calendar wristwatch.


Grading System
Grade:
Case: 2-8

Very good

Slightly scratched

Movement: 2*

Very good

Overhaul recommended, at buyer's expense

Dial: 2-54-01

Very good

Service dial

HANDS Original

Brand Patek Philippe

Model Perpetual Calendar

Reference 3448

Year circa 1977

Movement No. 1.119.478

Case No. 332.597

Bracelet PP 18K yellow gold buckle

Diameter Ø 37.5mm

Caliber 27-460Q

Signature dial, case and movement

Accessories Certificate dated Jan 1980, Extract from the Archives dated Aug 2020

Notes

Produced between 1962 and 1982, the Patek Philippe ref. 3448 is Patek Philippe’s first automatic perpetual calendar wristwatch. This model embodies innovation and technical complexity, with a mechanism thataccurately displays the date, including leap years, without the need for hand-winding until 2100.

Around 586 pieces were produced, mainly in yellow gold, although there are some rare versions in white gold and platinum. The design o f the 3448 is remarkable forts simplicity and elegance. The 37.5 mm case, conceived by renowned designer Gilbert Albert, features c lean lines and a slim bezel, while the opaline dial displays baton hour markers and a clear presentation of complications. The caliber 27-460 Q movement is considered one of the most sophisticated and precise of its time.