Patek Philippe - The Hong Kong Watch Auction: SIX Hong Kong Monday, May 28, 2018 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1981
    Reference No: 880
    Movement No: 866'568
    Case No: 332'911
    Material: 18K yellow gold
    Dimensions: 51.5mm. Diameter
    Signed: Case, cuvette, dial and movement signed
    Accessories: With original Patek Philippe certificate of origin dated November 1982 and leather envelop with product literature. Further delivered with Extract from the Archives confirming production of the present watch in 1981 and its subsequent sale on January 15, 1982

  • Catalogue Essay

    Patek Philippe’s production of complicated wristwatches during the 1980’s is well-known with references such as the legendary 3448, 3450 and 2499. While today’s collector seek these highly desirable timepieces, they often overlook another series of timepieces from the same period, the reference 880 a minute repeating perpetual calendar open face pocket watch. These lovely watches show that Patek Philippe remained committed to their traditional past with pocket watches that are high-grade technical marvels, and suggests their commitment redefining horology with wristwatches like the reference 3974, the minute repeating perpetual calendar wristwatch released in 1989 to celebrate the 150th anniversary of Patek Philippe.

    In lovely original condition, the present watch is fresh to the market and features a clean classic sigma dial with gold markers, enhanced by the red numbering of the 24-hour, leap year and subsidiary seconds indication. This is the fifth known example to be offered at auction and is true masterpiece, giving the opportunity for all savvy connoisseurs to own part of Patek Philippe’s traditional history.

  • 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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FROM AN IMPORTANT SWISS COLLECTOR

848

Ref. 880
A rare and attractive yellow gold minute repeating perpetual calendar open face pocket watch with moonphase 24-hour indication and original certificate of origin

1981
51.5mm. Diameter
Case, cuvette, dial and movement signed

Estimate
HK$560,000 - 960,000 
€61,600-106,000
$71,800-123,000

Sold for HK$812,500

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: SIX

Hong Kong Auction 29 May 2018