Important Collectors’ Wristwatches, P...

New York, Dec 05, 2007

LOT 400

Lépine Type Patek Philippe, Genève, No. 861498, case No. 2613895, Ref. 2524/1. Made in 1954 and sold October 12, 1961, for the price of Sfr 3'025. Important and very rare minute-repeating, 18K yellow gold wristwatch with an 18K yellow gold Patek Philippe buckle. Accompanied by an original Patek Philippe fitted box, a service receipt from Patek Philippe and the Extract from the Archives.

USD 300,000 - 400,000

EUR 210,000 - 275,000

Sold: USD 344,400

C. Three-body, solid, polished and brushed, inclined bezel, concave lugs. D. Champagne with applied yellow gold faceted baton indexes, outer dot minute markers. Yellow gold dauphine hands. M. 12''' RM, "Lépine" type, rhodium-plated, fausses côtes decoration, 29 jewels, straight line lever escapement, monometallic balance adjusted to heat, cold, isochronism and 5 positions, self-compensating Breguet balance-spring, swan-neck micrometer regulator, repeating on gongs activated by a slide on the band. Dial, case and movement signed. Diam. 34 mm. Property of a North American Collector


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Grading System
Grade:
Case: 3

Good
Movement: 2*

Very good

Overhaul recommended, at buyer's expense
Dial: 2-01

Very good

HANDS Original

Notes

Minute-repeating wristwatch movements were originally made for two types of case. The first, the "savonnette" type, features subsidiary seconds at 6 o?clock, and the repeat slide is activated in a clockwise direction. The second, the "Lépine" type, has no subsidiary seconds and the repeat slide is activated in an anticlockwise direction.
Similar watches are also published in "Collecting Patek Philippe Watches" by M. and O. Patrizzi, Guido Mondani Editore, Genova, 2000, pp. 314, 315, and 317.