Exceptional Horological Sale Celebrat...

Hotel Noga Hilton, Geneva, Apr 24, 2004

LOT 180

Patek Philippe & Cie, Genève, No. 869480, case No. 2700432, Ref. 2499, third series. Production of this reference started in 1941. Very fine and very rare, astronomic, 18K yellow gold gentleman?s wristwatch with round button chronograph, register, perpetual calendar, moon phases and an 18K yellow gold Patek Philippe buckle. Accompanied by a Certificate of Identity and Guarantee of Origin.

CHF 280,000 - 350,000

EUR 176,000 - 221,000 / USD 218,000 - 273,000

Sold: CHF 333,500

C. three-body, solid, polished and brushed, concave bezel, fluted curved lugs.D. matte silver with applied yellow gold B?ton and pyramidal indexes, subsidiary seconds and 30-minute register dials, graduation for the days of the month, outer 1/5th second scale, apertures for the days of the week, the months and the moon phases. Yellow gold "Dauphine" hands.M. Cal. 13''', stamped with the Geneva Quality Hallmark, rhodium-plated, "fausses-c?tes" decoration, 23 jewels, straight line lever escapement, monometallic balance, 8 adjustments, self-compensating Breguet balance-spring, micrometer regulator.Dial, case and movement signed.Diam. 37 mm.


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Grading System
Grade:
Case: 3

Good
Movement: 3*

Good

Overhaul recommended, at buyer's expense
Dial: 3 - 01

Notes

Ref. 2499 Produced in 349 examples from 1951 to 1985, very few with tachometer, the majority in yellow gold, and a very few examples in pink gold. - First series: from 1951 to circa 1960, square buttons, "Feuille" hands, applied Arabic numerals, fluted lugs. It is extremely rare in this series to find models with dials differing from the above; in particular, no watches with black dials are known. - Second series: square buttons, "Dauphine" hands, applied indexes, the 12 in Arabic numerals. No watches with black dials are known in this series. - Third series: from 1960 to 1978, round buttons, crystal glass, "Dauphine" or "Feuille" hands, applied "b?ton" indexes. In this series, only four watches with black dials are known. Only one split-seconds chronograph with waterproof case is known bearing this reference, it was specially made by Patek Philippe for Gobbi, Milano, in 1982. The present watch is a classic example of Reference 2499, third series, with b?ton indexes and "Dauphine" hands. Ref. 2499/100: - Fourth series: From 1978 to circa 1985, round buttons, sapphire crystal, "Dauphine" hands, applied "b?ton" indexes. Very few examples were made with tachometer or telemeter scale and three pieces only with sapphire crystal back. In this series, models with the tachometer indication are extremely rare. Only one example is known with a black dial. This reference was produced in: yellow gold and in pink gold, and only two examples in platinum, of which one was sold by Antiquorum in Geneva on Apri9, 1989, "The Art of Patek Philippe", lot 34, for SFr. 418,000 (US$ 253,300). A similar watch is published in "Patek Philippe Wristwatches", by Martin Huber and Alan Ban-bery, 1998, page 302-304 and in "Collecting Patek Philippe Watches" by M. and O. Pa-trizzi, Guido Mondani Editore, Genova, 2000, p. 296, pl. 476A.