The Art of Patek Philippe, Legendary ...

Geneva, Hotel Des Bergues, Nov 14, 1999

LOT 591

Patek Philippe & Cie, Genève, No. 977514,case No. 696398, Ref. 2554, made in 1961, sold on November 29, 1961.Very fine, extremely rare and unusual, rectangular, tonneau, platinum gentleman's wristwatch with leather strap and platinum Patek Philippe buckle, in original black leather fitted box.

CHF 40,000 - 50,000

Sold: CHF 69,000

C. two body, massive, polished, pyramidal concave sides, cylinder crystal. D. matte silver with applied white gold indexes, auxiliary seconds dial. "Bâton" white gold hands. M. Cal. 9'''-90, tonneau, punched with the Poinçons de Genève, tonneau, rhodium plated, "fausses côtes" decoration, 18 jewels, lever escapement, Giromax balance adjusted for heat, cold isochronism and 5 positions, self-compensating Breguet balance spring, micrometer regulator.Dial, case and movement signed.Dim. 28 x 41 mm.Accompanied by Extrait des Registres.


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Grading System
Grade:
Case: 3

Good

Movement: * 3
Dial: 3 - 6 - 01

Notes

Ref. 2554Production of this reference in 1952.Poinçons de GenèveThe voluntary quality control of watches at the Geneva Observatory, was established by a law dated November 6, 1886. Conditions were laid down for the attribution and stamping of the Poinçons de Genève, punch-marks designed as the coat-of-arms of Geneva. Pocket watches, or wristwatches which carry the Poinçons de Genève, considered as an equivalent to a Bulletin Officiel de Marche, punched on a bridge and on the main plate of the movement, were qualified to be officially termed "chronometers".