Important Modern and Vintage Timepieces

New York, Jun 12, 2012

LOT 138

PATEK PHILIPPE REF. 1516 YELLOW GOLD Patek Philippe & Cie, Genève, No. 967029, case No. 303023, Ref. 1516. Made in the late 1940s. Very fine and rare, 18K yellow gold wristwatch with an 18K yellow gold buckle. Accompanied by the Extract from the Archives. To be sold without reserve

USD 3,000 - 4,000

CHF 2,800 - 3,700 / EUR 2,300 - 3,000

Sold: USD 6,875

C. Two-body, solid, polished, concave lugs. D. Matte silver with applied yellow gold Arabic 12, baton and round indexes, subsidiary seconds dial. Yellow gold baton hands. M. Cal. 12-120, rhodium-plated, fausses cotes decoration, 18 jewels, straight-line lever escapement, cut bimetallic compensation balance, blued steel Breguet balance spring, swan neck micrometer regulator. Dial, case and movement signed. Diam. 32 mm. Thickness 10 mm.


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Grading System
Grade: AA

Very good

Case: 3

Good

Movement: 3*

Good

Overhaul recommended, at buyer's expense

Dial: 3-01

Good

HANDS Original