The Private Collection of Theodor Beyer

Hotel Baur Au Lac, Zurich, Nov 16, 2003

LOT 139

Patek Philippe & Cie, Genève, No. 760697, case No. 682162, Ref. 2526, second generation. Manufactured in 1954 . Production of this reference started in 1953. Very fine and rare, self-winding, water-resistant , 18K yellow gold gentleman's wristwatch with an 18K yellow gold Patek Philippe buckle . Accompanied by the Extract from the Archives.

CHF 30,000 - 40,000

EUR 20,000 - 26,000 / USD 22,000 - 30,000

Sold: CHF 32,200

C. Two-body, solid, polished, screwed down case back. D. Off-white enamel with raised yellow gold indexes, subsidiary seconds dial. Yellow gold "Dauphine" hands. M. Cal. 12-600 AT, stamped with the Geneva Quality Hallmark, rhodium-plated, "fausses côtes" decoration, 30 jewels, straight line lever escapement, Gyromax balance adjusted to heat, cold, isochronism and 5 positions, shock-absorber, self-compensating Breguet balance spring, "swan-neck" micrometer regulator, 18K gold rotor. Dial, case and movement signed. Diam. 36 mm.


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Grading System
Grade: AAA

Excellent
Case: 3

Good
Movement: 2

Very good
Dial: 2- 01

Very good

Notes

Ref. 2526. First launched by Patek Philippe in 1953, this was the first self-winding wristwatch model ever made by the company, with the caliber 12'''-600 AT, bearing the serial number 760'000. It would appear that Patek Philippe produced the Ref. 2526 in 580 examples, mostly with an enamel dial. The latest automatic movement by Patek Philippe at the time, it became the Ref. 3428:- 20 examples in platinum.- 30 examples in white gold.- 50 examples in pink gold.- 480 examples in yellow gold. The Ref. 2526 is a most appealing wristwatch and is highly sought-after by collectors. There have been four generations of this model which have evolved as follows:- 1st generation: domed screw back, beige enamel dial with applied indexes. The enamel is flared around the holes which hold the indexes, the central hands and the subsidiary seconds hand.- 2nd generation: domed screw back, beige enamel dial with applied indexes. The indexes are inlaid in the enamel surface; the enamel is flared around the holes which hold the central hands and the subsidiary seconds hand. In this particular series, only a very few examples were made with a black dial and even fewer with Breguet numerals.- 3rd generation: identical to the 2nd generation but with a practically flat screw back. Very few examples of this series were produced with a black dial, and only one with a black dial and Breguet numerals is known to date.- 4th generation: practically flat screw back, beige enamel dial with applied indexes. The indexes are luminescent and inlaid in the enamel surface; the enamel is flared around the holes which hold the central hands and the subsidiary seconds hand. The very first wristwatch of this series, Ref. 2526, which is also the first self-winding wristwatch ever made by Patek Philippe, is illustrated in "Collecting Patek Philippe Watches", by Madeleine and Osvaldo Patrizzi, Guido Mondani Editore, Genova, 2000, p. 127. Similar watches are published in "Patek Philippe Wristwatches", by Martin Huber & Alan Banbery, 1998, pp. 213-214 and 216-217.For this reference, Patek Philippe offered the choice of 9 different types of gold bracelet. In different colors of gold or in platinum, they were designated by letters from A, B, C, D, E, F, G, H, and K and were made by Gay Frères and Ponti Gennari.