Important Modern and Vintage Timepieces

Hog Kong, Feb 26, 2011

LOT 338

Patek, Philippe, Genève, No. 1138582, case No. 2666497, Ref. 802. Made in 1968. Very fine and rare, extra thin 18K yellow gold, keyless coin watch set into a 20 U.S. Dollar coin dated 1908. Accompanied by the Extract from the Archives.

HKD 70,000 - 95,000

USD 9,000 - 12,000 / EUR 7,000 - 9,500

Sold: HKD 287,500

C. Five-body, the hinged watch within the coin opening by a push-piece concealed in the band, in the front the profile of Lady Liberty and on the back the American Eagle. D. Champagne with painted black baton indexes. Blued steel baton hands. M. Cal. 175, stamped with the Seal of Geneva quality mark, rhodium-plated, fausses cotes decoration,18 jewels, straight-line lever escapement, Gyromax balance adjusted to heat, cold, isochronism and 5 positions, shock absorber, self-compensating free-sprung flat balance spring. Dial and movement signed, case numbered. Diam. 36 mm


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Grading System
Grade: AAA

Excellent
Case: 2

Very good
Movement: 2*

Very good

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

Very good

HANDS Original

Notes

Coin watches by Patek Philippe are very rare. Over the past 10 years fewer than a dozen have appeared at auction; only one other was cased in a 20-dollar coin from 1908.