Patek Philippe - The Hong Kong Watch Auction: FIVE Hong Kong Monday, November 27, 2017 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1976
    Reference No: 4321-1
    Movement No: 1'274'859
    Case No: 2'763'645
    Material: 18k gold, black onyx, coral and diamond
    Calibre: Manual, cal. 16-250, 18 jewels
    Bracelet/Strap: 18k gold, black onyx, coral and diamond, max. length 160mm
    Dimensions: 38mm width
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Extract from the Archives confirming the production of the present watch with cabochon-cut coral and diamonds in 1976 and its subsequent sale on December 22nd, 1976.

  • Catalogue Essay

    The present lot is a rare and unusual jewellery suite featuring a lady’s Patek Philippe timepiece, accompanied by matching earrings and a ring. Each piece in 18k yellow gold with a twist rope design and enhanced with teardrop-shaped coral and pave-set diamond links.

    Patek Philippe produced the reference 4321/1 between 1976 and 1978 and displays a strong characteristic of individualism. It is believed each suite was made in a very limited number and in variation from other examples. One known suite included a lady’s bracelet wristwatch and necklace and was made with chrysoprase-in place of the coral-, black onyx and pave-set links.

    The present lot comes in lovely overall condition and has a wonderful 1970s vibe. The extract confirms the production of the watch with coral in 1976 with an approximate diamond weight of 6 carats.

  • 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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Σ829

Ref. 4321-1
A lady's rare and attractive gold, black onyx, coral and diamond-set bracelet watch with matching ring and earrings

1976
38mm width
Case, dial and movement signed

Estimate
HK$270,000 - 400,000 
€29,400-43,500
$34,000-50,000

Sold for HK$375,000

Contact Specialist
Ziyong Ho
Specialist
+852 9386 2032
yong.ho@phillips.com

The Hong Kong Watch Auction: FIVE

Hong Kong Auction 28 November 2017