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

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  • Manufacturer: Patek Philippe
    Year: 1964
    Reference No: 2509
    Movement No: 732'500
    Case No: 2'625'833
    Material: 18K yellow gold
    Calibre: manual, cal. 27-AM400, 18 jewels, stamped twice with the geneva seal
    Bracelet/Strap: Patek Philippe leather strap
    Clasp/Buckle: 18K yellow gold Patek Philippe pin buckle
    Dimensions: 35mm diameter
    Signed: case, dial, movement, strap and buckle signed by maker, case further signed by case maker
    Accessories: accompanied by Patek Philippe Extract from the Archives confirming production of the present watch in 1964 and its subsequent sale on February 21, 1964.

  • Catalogue Essay

    Reference 2509 is the equivalent of reference 2508, but with subsidiary seconds rather than center seconds.

    It was in production from 1950 to the late 1960s and it features an evolution: early versions are fitted with lozenge-shaped indexes, later examples, such as this one, with lapped indexes and beady minute divisions. The calibre powering the model undergoes changes as well: while at the beginning it was cal. 12 120, it then became 12 400.
    Cal. 12-AM400, an evolution of cal. 12-400 featuring improved antimagnetic capabilities is found only an a restricted minority of watches, made at the very end of the production. The present piece in fact features this rare and very refined movement.

    The case of the model is a waterproof screw back case, furthermore featuring an internal dust protection cap which amplifies its antimagnetic features. All cases of references 2508 and 2509 ere made by Geneva-based casemaker Taubert, identified not only by the number 11 within a key, stamped inside the back, but also by its logo FB, also found inside the case back.

  • 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 ASIAN COLLECTOR

Σ976

Ref. 2509
A very fine and rare yellow gold antimagnetic wristwatch

1964
35mm diameter
case, dial, movement, strap and buckle signed by maker, case further signed by case maker

Estimate
HK$100,000 - 140,000 
€11,000-15,400
$12,800-17,900

Sold for HK$125,000

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