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

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  • Manufacturer: Patek Philippe
    Year: 1971
    Reference No: 3587/1
    Movement No: 00'005'822
    Case No: 2'699'567
    Model Name: 'Beta 21'
    Material: 18k yellow gold
    Calibre: Quartz, B 21, 13 jewels
    Bracelet/Strap: 18k yellow gold Patek Philippe bracelet, 175 mm. maximum length
    Clasp/Buckle: 18k yellow gold Patek Philippe folding clasp
    Dimensions: 43 mm. width
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Extract from the Archives confirming production of the present watch in 1971 and its subsequent sale on 28 April 1972.
    Literature: For another example of the present watch, please see Patek Philippe Museum, Patek Philippe Watches, Volume II, page 251.

  • Catalogue Essay

    The Beta-21 made its debut in 1969 during Basel. At the time, the Beta-21 was revolutionary as it was the most accurate quartz movement to be offered on the market - the movement was accurate to 5 seconds per month. Due to the movement's large and bulky size, watchmakers soon developed their own in-house movements and gradually moved away from the Beta-21.

    Patek Philippe introduced reference 3587/1 in 1970. It was Patek Philippe's first serially produced wristwatch to house a quartz movement.

  • 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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1145

Ref. 3587/1
A fine and rare yellow gold cushion-shaped electronic bracelet watch with sweep centre seconds, date and two-tone champagne dial

1971
43 mm. width
Case, dial and movement signed

Estimate
HK$96,000 - 140,000 
€11,600-16,900
$12,000-18,000

Sold for HK$137,500

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