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Biography
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.
Insights
Phillips set the then-world auction record for a wristwatch when the Patek Philippe Ref. 1518 chronograph in stainless steel, often considered the "holy grail" among Patek collectors due to its rarity and elusiveness, sold for CHF11,002,000 in November 2016. This record was surpassed by Paul Newman's "Paul Newman" Rolex Daytona in October 2017.
Made for the American banker Henry Graves in 1933, the Graves Supercomplication holds the world record price for a timepiece, selling for approximately $24 million in 2014.
Stainless steel is by far the rarest case material that Patek Philippe chose to use during the mid-twentieth century for their complicated watches, considering the extremely high value of their movements. For many, steel complicated Patek Philippe watches are the ultimate in distinction to collect.
Patek Philippe's world class museum in the heart of Geneva houses timepieces dating from as early as the sixteenth century through the present day, showcasing the evolution of watchmaking as well as some of the most important watches of its past: www.patekmuseum.com.
"Traditional and conservative designs are found across Patek Philippe's watches made throughout their history — the utmost in understated elegance."
Upcoming Lots
Patek Philippe
Ref. 3700/11
Model: Nautilus
An extremely rare and attractive yellow gold wristwatch with date and braceletEstimate CHF70,000 - 100,000
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Patek Philippe
Ref. 3700/1
Model: Nautilus
A highly rare and attractive white gold wristwatch with date and braceletEstimate CHF300,000 - 600,000
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Patek Philippe
Ref. 5976/1G
Model: Nautilus 40th Anniversary
A massive, very rare and highly attractive white gold and diamond-set automatic chronograph wristwatch with date, bracelet, Certificate and box. Part of a 1300 pieces limited edition made to commemorate the 40th Anniversary of the Patek Philippe NautilusEstimate CHF150,000 - 300,000
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Patek Philippe
Ref. 3700/004
Model: Nautilus
A spectacular and very attractive yellow gold and diamond-set wristwatch with bracelet, original certificate, Gobbi papers and presentation boxEstimate CHF100,000 - 200,000
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Patek Philippe
Ref. 1509
A very elegant and classic yellow gold wristwatch with two-tone dial and tear drop lugsEstimate CHF7,000 - 12,000
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Patek Philippe
Ref. 3417
Model: Amagnetic
A rare and extremely elegant stainless steel anti-magnetic wristwatch, retailed by GübelinEstimate CHF30,000 - 50,000
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Patek Philippe
Ref. 5940G
An unusual, rare and very fine white gold cushion-shape automatic perpetual calendar wristwatch with 24-hour indication, moonphases, black dial with Breguet numerals, additional case back, certificate and presentation boxEstimate CHF25,000 - 50,000
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Patek Philippe
Ref. 1518
A highly rare, exceptionally well-preserved and attractive pink gold perpetual calendar chronograph wristwatch with pink dial and moonphasesEstimate CHF1,200,000 - 2,400,000
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Patek Philippe
Ref. 2508
Model: Calatrava étanche
A fine and very rare yellow gold wristwatch with center seconds, luminous dial and screw backEstimate CHF10,000 - 15,000
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Patek Philippe
Ref. 1463
Model: "Tasti Tondi"
A very rare, well-preserved and most attractive pink gold chronograph wristwatchEstimate CHF200,000 - 400,000
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Patek Philippe
Ref. 2494
An extremely attractive and possibly unique yellow gold wristwatch with blue enamel dialEstimate CHF80,000 - 160,000
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Patek Philippe
Ref. 5980/1A
Model: Nautilus
A rare and attractive stainless steel chronograph wristwatch with date and braceletEstimate CHF25,000 - 45,000
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Patek Philippe
Ref. 530
A rare, large and attractive pink gold chronograph wristwatch with two-tone dialEstimate CHF300,000 - 600,000
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Patek Philippe
Ref. 96HU
Model: Worldtime
An historically significant, highly important and extremely rare yellow gold world time wristwatchEstimate CHF300,000 - 600,000
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Patek Philippe
Ref. 3712
Model: Nautilus
A fine and very rare stainless steel automatic wristwatch with moonphases, date, power reserve, bracelet, certificate and boxEstimate CHF50,000 - 100,000
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Patek Philippe
Ref. 5059R
An attractive and rare pink gold perpetual calendar wristwatch with retrograde date and "officer"-style hinged caseback with certificate of originEstimate CHF20,000 - 30,000
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Patek Philippe
Ref. 5070R
A large, rare and impressive pink gold chronograph wristwatch with Certificate and boxEstimate CHF40,000 - 60,000
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Patek Philippe
Ref. 5159J
A highly rare and attractive yellow gold perpetual calendar wristwatch with retrograde date, moonphases, certificate of origin and hangtag, factory sealedEstimate CHF25,000 - 45,000
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Patek Philippe
Ref. 5496P
A rare and attractive platinum perpetual calendar wristwatch with retrograde date, moonphases, certificate of origin, setting pin and presentation boxEstimate CHF30,000 - 50,000
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Patek Philippe
Ref. 3448
Model: "Padellone"
A very rare, impressive and important yellow gold automatic perpetual calendar wristwatch with moonphases and braceletEstimate CHF100,000 - 200,000
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Past Lots
Patek Philippe
A fine and rare white gold wristwatch with small seconds, date, moon phases, power reserve indication, Certificate of Origin and presentation box
Estimate HK$240,000 - 390,000
Sold for HK$400,000
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Patek Philippe
A fine and rare pink gold dual time wristwatch with center seconds, date, day and night indication, Certificate of Origin and presentation box
Estimate HK$400,000 - 620,000
Sold for HK$525,000
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Patek Philippe
A very fine pair of limited edition Limoges porcelain and enamel commemorative plates
Estimate HK$10,000 - 20,000
Sold for HK$16,250
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Patek Philippe
A fine and rare stainless steel wristwatch with center seconds, date, bracelet and Certificate of Origin
Estimate HK$200,000 - 300,000
Sold for HK$275,000
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Patek Philippe
Ref. 5960P-015
A very fine and rare platinum annual calendar chronograph wristwatch with blue dial, original Certificate of Origin, and presentation boxEstimate $30,000 - 60,000
Sold for $55,000
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Patek Philippe
Ref. 2508
A very rare and attractive yellow gold wristwatch with center seconds with luminous dialEstimate $25,000 - 50,000
Sold for $40,000
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Patek Philippe
Ref. 5711/1P-010
Model: Nautilus
An important and extremely rare platinum automatic wristwatch with seconds, date, bracelet, and Certificate of OriginEstimate $250,000 - 500,000
Sold for $356,250
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Patek Philippe
Ref. 530
A very rare, large, and highly attractive yellow gold chronograph wristwatch with tachymeterEstimate $120,000 - 240,000
Sold for $162,500
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Patek Philippe
Ref. 3940
An attractive and fine “first series” yellow gold perpetual calendar wristwatch with moon phaseEstimate $15,000 - 30,000
Sold for $35,000
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Patek Philippe
Ref. 5170G-001
A rare and attractive white gold chronograph wristwatch with pulsometer scale, original certificate, and presentation boxEstimate $30,000 - 60,000
Sold for $57,500
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Patek Philippe
Ref. 5235G-001
A very fine and rare white gold annual calendar wristwatch with regulator-style dial, Certificate of Origin, and presentation boxesEstimate $25,000 - 50,000
Sold for $37,500
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Patek Philippe
Ref. 5101R-001
A very fine and rare pink gold rectangular tourbillon chronometer wristwatch with 10-day power reserve, certificate of origin, presentation box and original accessoriessoriesEstimate $100,000 - 200,000
Sold for $125,000
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Patek Philippe
Ref. 3700/001
Model: Nautilus "Jumbo"
A rare and highly attractive stainless steel wristwatch with date and bracelet, accompanied with original Certificate of Origin and cork presentation box, retailed by Beyer ChronometrieEstimate $50,000 - 100,000
Sold for $93,750
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Patek Philippe
Ref. 5131/1P-001
Model: World Time
A very rare and exceptional platinum world time wristwatch with cloisonné enamel dial and platinum bracelet, accompanied by certificate of origin and presentation box, factory sealedEstimate $100,000 - 200,000
Sold for $175,000
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Patek Philippe
Ref. 1518
A previously unknown, extremely rare, and highly attractive pink gold perpetual chronograph wristwatch with pink dial and moon phaseEstimate $1,200,000 - 2,400,000
Sold for $2,300,000
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Patek Philippe
Ref. 5711/1P
Model: Nautilus
A rare and highly attractive platinum and diamond-set 40th anniversary wristwatch with date and bracelet, with certificate of origin and original cork presentation box, factory sealedEstimate $150,000 - 300,000
Sold for $350,000
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Patek Philippe
Ref. 5950A-001
An extremely fine and rare stainless steel single button split-seconds chronograph wristwatch with original Certificate of Origin, additional solid case back, accessories, and original boxes, in its factory sealEstimate $160,000 - 320,000
Sold for $275,000
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