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192ΔΣ

Patek Philippe

Gondolo

An extremely fine and possibly unique pink gold oversized rectangular hinged wristwatch with Breguet numerals, retailed by Gondolo & Labouriau

Estimate
CHF150,000 - 300,000
€138,000 - 275,000
$155,000 - 309,000
CHF225,000
Lot Details
Manufacturer
Patek Philippe
Year
1913 / 1928
Movement No
175'623
Case No
608'832
Model Name
Gondolo
Material
18k pink gold
Calibre
Manual, cal. 12''', 18 jewels
Bracelet/Strap
Crocodile
Clasp/Buckle
18k pink gold pin buckle signed PPCo
Dimensions
29mm. x 40mm.
Signed
Case, dial, movement and buckle signed
Accessories
Accompanied by Patek Philippe Extract from the Archives confirming date of manufacture of the present watch in 1913 and its subsequent sale on July 7, 1928. The Extract further indicates that the original case was replaced by the current case during a servicing by Patek Philippe in 1929
Catalogue Essay
Patek Philippe’s Chronometro Gondolo wristwatches are one of the most celebrated of the early 20th century. Designed with a large hinged case and gentle curvature, this extraordinary watch is a lovely reflection of a bygone era. The movement was manufactured according to the highest grade specifications provided by the retailer, including a cam wheel regulator, allowing for precise but practical adjustments to the watch, a "moustache"-shaped lever, wolf's tooth winding gears, and gold wheels for the wheel train. Produced in several sizes, the 48mm watch (including lugs) was the largest, and today retains an impressive and contemporary feel.

Gondolo & Labouriau was Patek Philippe’s retailer in Rio de Janerio from the 1870s to the late 1920s. Their “Gondolo” timepieces are now some of the most coveted by collectors. Each was originally sold to members of their exclusive club, the “Gondolo Gang”. Consisting of Brazilian high-society, each member was required to buy one pocket watch which retailed for 790 Swiss francs. Clients would pay 10 francs per week until the watch was fully paid for, however Gondolo Labouriau held weekly drawings so that the first week’s winner received his watch for free, while the second week’s winner had paid 10 francs and so on until the 79th week’s winner, at this point remaining members were required to pay the full retail price. This clever system not only helped sell watches but allowed their private club members to gamble - which was illegal at the time - but not enforceable for private organizations.

Production of Chronometro Gondolo wristwatches began in 1910 for Gondolo & Labouriau. Patek Philippe produced these wristwatches in a variety of sizes and case shapes, from circular and square to cushion-shaped and rectangular. This well preserved example of an oversized “Chronometro Gondolo” wristwatch is a true trophy watch for the demanding collectors. Believed to be a unique piece with a movement made in 1913, it is the only known 48 mm size model in pink gold. Equally spectacular is its lovely dial with highly uncommon Breguet numerals. Most other known examples of “Gondolo” wristwatches have either straight Arabic or “exploding” numerals. After one hundred years, Patek Philippe’s Chronometro Gondolo timepieces remain an important part of the brand’s rich history - and this special wristwatch represents this chapter at its pinnacle.

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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