Patek Philippe - The Hong Kong Watch Auction: FOUR Hong Kong Monday, May 29, 2017 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1966
    Reference No: 2499
    Movement No: 869'354
    Case No: 2'637'697
    Material: 18k yellow gold
    Calibre: Mechanical, 13''', 23 jewels
    Bracelet/Strap: Black Patek Philippe crocodile leather strap
    Clasp/Buckle: 18k yellow gold Patek Philippe folding deployant clasp
    Dimensions: 38 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Extract from the Archives confirming production of the present watch in 1966 and its subsequent sale on 26 May 1966. Furthermore delivered with Patek Philippe fitted presentation box and outer packaging.

  • Catalogue Essay

    The reference 2499 was made from 1951 until 1985. A total of 349 pieces were made, making it highly exclusive and an extremely sought after reference today. During this 35 year production run, the reference evolved over four series and is one of the most collectible vintage watches on the market today.

  • Artist Biography

    Patek Philippe

    Swiss • 1839

    Since its founding in 1839, this famous Geneva-based firm has been surprising its clientele with superbly crafted timepieces fitted with watchmaking's most prestigious complications. Traditional and conservative designs are found across Patek Philippe's watches made throughout their history — the utmost in understated elegance.

    Well-known for the Graves Supercomplication — a highly complicated pocket watch that was the world’s most complicated watch for 50 years — this family-owned brand has earned a reputation of excellence around the world. Patek's complicated vintage watches hold the highest number of world records for results achieved at auction compared with any other brand. For collectors, key models include the reference 1518, the world's first serially produced perpetual calendar chronograph, and its successor, the reference 2499. Other famous models include perpetual calendars such as the ref. 1526, ref. 3448 and 3450, chronographs such as the reference 130, 530 and 1463, as well as reference 1436 and 1563 split seconds chronographs. Patek is also well-known for their classically styled, time-only "Calatrava" dress watches, and the "Nautilus," an iconic luxury sports watch first introduced in 1976 as the reference 3700 that is still in production today.

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Σ1069

Ref. 2499
An extremely fine and rare yellow gold perpetual calendar chronograph wristwatch with moon phases

1966
38 mm. diameter
Case, dial and movement signed

Estimate
HK$2,700,000 - 4,000,000 
€325,000-482,000
$345,000-500,000

Sold for HK$5,000,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001
thomasperazzi@phillips.com

Ziyong Ho
Specialist
+852 9386 2032
ziyongho@phillips.com

Jill Chen
Specialist
+852 2318 2033
jillchen@phillips.com

The Hong Kong Watch Auction: FOUR

Hong Kong Auction 30 May 2017