Patek Philippe - The Hong Kong Watch Auction: FIVE Hong Kong Monday, November 27, 2017 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1948
    Reference No: 565
    Movement No: 963'311
    Case No: 648'582
    Material: Stainless steel
    Calibre: Manual, cal. 12-120, 18 jewels
    Bracelet/Strap: Black calf leather strap
    Clasp/Buckle: Stainless steel associated buckle
    Dimensions: 34.5mm diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Extract from the Archives confirming production of the present watch in 1948 with raised gold hour markers and its subsequent sale on March 29, 1949.

  • Catalogue Essay

    Reference 565 was first launched in 1938. Manufactured as a time-only sports watch with screw case back, there are many dial variations that exist. The present watch, cased in stainless steel, is a very attractive example: the sharp edge between the flat bezel and the curved case body - a detail which defines the reference and its looks - is remarkably well preserved.
    An additional layer of interest comes from the fact that this is one of the very last examples of this model to feature the long "Patek Philippe & Co" signature, as it was made in 1948: the very year when the company switched to the simpler "Patek Philippe" signature.

  • 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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905

Ref. 565
A rare and very attractive stainless steel wristwatch

1948
34.5mm diameter
Case, dial and movement signed

Estimate
HK$240,000 - 400,000 
€26,100-43,500
$30,000-50,000

Sold for HK$425,000

Contact Specialist
Ziyong Ho
Specialist
+852 9386 2032
yong.ho@phillips.com

The Hong Kong Watch Auction: FIVE

Hong Kong Auction 28 November 2017