Important Watches, Collector's Wristw...

Noga Hilton, Geneva, Jun 14, 2003

LOT 22

Patek, Philippe & Cie., Genève, No. 861220, case No. 514294, Ref. 803, circa 1950. Very fine and rare extra thin keyless coin watch set into a 20 U.S. Dollar coin of 1904.

CHF 8,000 - 10,000

EUR 5,400 - 6,700 / USD 6,200 - 7,800

Sold: CHF 7,590

C. Three-body, the hinged watch within the coin opening by a pushpiece concealed in the band.D. Champagne with radial Arabic numerals, outer minute divisions. Blued steel "bâton" hands. M. 20 mm. (9'''), rhodium-plated, 18 jewels, adjusted to 5 positions, straight line lever escapement, cut bimetallic compensation balance with flat balance spring.Signed on dial, case and movement.Diam. 34 mm.


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Grading System
Grade: AA

Very good

Case: 3

Good

Movement: 3*

Good

Overhaul recommended, at buyer's expense

Dial: 3 - 01

Notes

Patek Philippe began experimenting with coin watches in the 1920s. In the late 1940s the company launched a limited series of coin watches, reference 803, with cases fitted by one of the best casemakers, Croitier.