Patek Philippe - The Hong Kong Watch Auction: XI Hong Kong Saturday, November 28, 2020 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1941
    Reference No: 130
    Movement No: 862’727
    Case No: 505’808
    Material: Stainless steel & 18K yellow gold
    Calibre: Manual, cal. 13”’, 23 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Stainless steel Patek Philippe pin buckle
    Dimensions: 33mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Delivered with a Patek Philippe Extract from the Archives confirming its date of manufacture of the present timepiece in 1941 with Satin-finished rose dial and raised rose gold hour-markers and its subsequent date of sale on 5th March 1942.

  • Catalogue Essay

    The 1930s was an important era for horology as post 1920s crisis witnessed a surge in the production of wristwatches and a heightened demand for chronographs. In 1932, Patek Philippe was acquired by Jean & Charles Stern Company and in the same year the firm launched their very first serially produced wristwatch via the Calatrava ref. 96. In 1934, Patek Philippe released their very first referenced chronograph wristwatches named “13 501”, two years later they were renamed as the ref. 130.

    Early examples of the reference were mono-pusher chronographs and were powered by Victorin Piguet based caliber. In 1936, the firm switched to a Valjoux-based cal. 13-130, with each movement hand finished with Geneva stripes by the most skilled watchmakers at the time. While gold cases were made by master case-maker Vichet featuring slightly more elongated lugs, stainless steel cases were made by three different case-makers including Wenger, Georges Croisier and others by Dubois.

    It is estimated that only 270 examples in stainless steel as well as small amounts in two tone stainless steel and gold examples were produced between 1937 to 1951.

    First series (1937 – 1942): Estimated 125 cases produced by Geneva-based case-maker Georges Croisier. Serial 504’XXX (lug width 18mm), serial 505’XXX (lug width up to 20mm), serial 505’7XX onwards feature pinholes on the side of the lugs.

    Second series (1942 – 1944): Estimated 135 cases produced by Le Locle-based case-maker Dubois.

    Third series (1950 – 1951): Estimated two dozen cases produced by Geneva-based case-maker Wenger. No pin holes on the side of the lugs.

    The present example belongs to one of the rarer variants of the coveted Patek Philippe ref. 130 from 1941 belonging to the first series with a 505’7XX serial stamped inside the caseback. Featuring a rare and desirable “salmon” dial with applied pink gold dotted indexes and Roman numerals, the present example is also fitted with a yellow gold crown making this unusual two tone variant very rare. Furthermore inside the caseback it is stamped “4”, meaning that the present timepiece was the 4th example from the batch. With a combination of condition, rarity and importance, the present ref. 130 is further accompanied by an Extract from the Archives issued by Patek Philippe confirming the date of production of the present timepiece in 1941 with a satin-finished rose dial and raised pink gold hour markers and its subsequent date of sale on 5th March 1942.

  • 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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991

Ref. 130
A very fine, attractive and rare stainless steel and yellow gold chronograph wristwatch with “salmon” dial and yellow gold crown

1941
33mm diameter
Case, dial, movement and buckle signed

Estimate
HK$1,000,000 - 2,000,000 
€108,000-216,000
$128,000-256,000

Contact Specialist

Thomas Perazzi

Head of Watches, Asia
+852 2318 2001

WatchesHK@phillips.com

The Hong Kong Watch Auction: XI

Hong Kong Auction 29 November 2020