Patek Philippe - The Geneva Watch Auction: SEVEN Geneva Saturday, May 12, 2018 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1949
    Reference No: 530
    Movement No: 867’647
    Case No: 511’612
    Material: 18K pink gold
    Calibre: Manual, cal. 13", 23 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: 18K pink gold pin buckle signed PPCo
    Dimensions: 36.5mm Diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Extract from the Archives confirming production of the present watch in 1949 with Breguet numerals and subsequent sale on July 14, 1950.
    Literature: Reference 530 is illustrated in Patek Philippe Wristwatches by Martin Huber & Alan Banbery, second edition, p. 265.

  • Catalogue Essay

    There are certain elements that individually add to a vintage timepiece’s rarity and desirability: a prestigious maker, a large diameter, a pink gold case, a two-tone dial, the signature of a distinguished retailer or Breguet numerals to name just a few.

    Imagine a single timepiece that merges all these elements into one, resulting in what is most probably one of the most beautiful vintage chronographs to have ever graced a human wrist, and you obtain the present Patek Philippe reference 530.

    Launched in 1937, Patek Philippe’s reference 530 remains one of the rarest and largest vintage chronograph models manufactured by the firm, its large 36.5mm diameter being as relevant today as it was 80 years ago.

    The present pink gold reference 530 is not only extremely rare per se but it is one of only two known models to feature Breguet numerals (as confirmed by the Extract from the Archives). The other model nevertheless is housed in yellow gold (with a movement number only 2 numbers apart from the present model and sold by Phillips in May 2017) making this timepiece truly unique.

    Adding even greater desirability to this timepiece is the Hausmann & Co. signature on the lower section of the dial. Founded in Rome in 1794 by Ernst Hausmann and Hermann Frielingsdorf, Hausmann & Co. is one of Patek Philippe's most prominent retailers in Italy.

    The unrestored dial has developed a charismatic patina with shades of vanilla in its center. The enamel signature is crisp, with the comma and accent on the E of Genève present. The case is full and retains its original proportions, highlighted by the sharp edges of the lugs and the crisp hallmarks.

    Fresh to the market, this incredibly attractive and rare Patek Philippe reference 530 is made of the same fabric that dreams are made of and will certainly be a crown jewel in any collection.

  • 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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199

Ref. 530
The only known, large and very attractive pink gold chronograph wristwatch with silver two-tone dial and Breguet numerals retailed by Hausmann & Co.

1949
36.5mm Diameter
Case, dial, movement and buckle signed

Estimate
CHF400,000 - 800,000 
€343,000-686,000
$423,000-847,000

Sold for CHF708,500

Contact Specialist
Alexandre Ghotbi
Head of Sale
+41 22 317 81 81
aghotbi@phillips.com

The Geneva Watch Auction: SEVEN

Geneva Auction 12-13 May 2018