Important Modern and Vintage Timepieces

Hong Kong, Oct 19, 2012

LOT 41

PATEK PHILIPPE REF. 3648 RETAILED BY GUBELIN WHITE GOLD Patek Philippe, Genève, Ellipse, No. 1225101, case No. 2746055, Ref. 3648. Made circa 1974, sold on September 23rd, 1975. Very fine, oval, self-winding, 18K white gold wristwatch with an 18K white gold Patek Philippe buckle. Accompanied by the original bill of sale. To be sold without reserve

HKD 20,000 - 25,000

USD 2,600 - 3,200 / EUR 2,000 - 2,500

Sold: HKD 23,750

C. Two-body, solid, polished and brushed, hooded lugs, sapphire crystal. D. Silver with radial Roman numerals. Black baton hands. M. Cal. 23-300, stamped twice with the Geneva quality mark, rhodium plated, fausses cotes decoration, 18 jewels, straight line lever escapement, Gyromax balance adjusted for heat, cold, isochronism and 5 positions, shock absorber, self compensating Breguet balance spring. Dial, case and movement signed, dial signed Gubelin. Dim. 32 mm x 22 mm. Thickness. 6 mm.

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Grading System
Grade: AA

Very good

Case: 2

Very good

Movement: 3*


Overhaul recommended, at buyer's expense

Dial: 3-17-54-01


Slightly spotted

Service dial

HANDS Original


The original receipt for the present lot reads that the watch was sold with a blue dial. The blue dial was later replaced with the current silver dial, still signed Gubelin.