Patek Philippe - The Geneva Watch Auction: THREE Geneva Saturday, May 14, 2016 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1958
    Reference No: 3417
    Movement No: 728'894
    Case No: 2'605'756
    Model Name: Amagnetic
    Material: Stainless steel
    Calibre: Manual, cal. 12'''400, 18 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Stainless steel buckle signed PPCo.
    Dimensions: 35mm Diameter
    Signed: Case, dial, movement, strap and buckle signed
    Accessories: Accompanied by a Patek Philippe Certificate of Origin and Extract from the Archives confirming year of production of the present watch in 1958 and its subsequent sale on October 19, 1959
    Literature: For other examples of reference 3417 see Patek Philippe Steel Watches, John Goldberger, pg. 342-349.

  • Catalogue Essay

    With the exotic word “Amagnetic” prominently featured on the dial at 12 o’clock, the reference 3417 is a special watch, adored by collectors around the world. Patek Philippe’s first series-produced anti-magnetic wristwatch, the 3417 was introduced in 1958. Only available in stainless steel, the model remained in production for roughly ten years before it was discontinued in the late 1960s.

    A number of features make Patek’s vintage anti-magnetic wristwatches highly coveted. The movement is shielded from magnetism with a soft-iron inner case, designed to resist magnetic fields up to 450 oersteds. Its inner caseback is engraved with the matching case number that is original to this particular example. By necessity, the case is oversized, and designed for maximum robustness with a screwdown, water-resistant caseback. Even movement components, including the critical anchor found in the escapement are made of solid gold – a precious metal that is unaffected by magnetism.

    This fresh-to-the-market watch is from the first series, which was only produced for two years featuring the caliber 12’’’400. In 1960, the model was fitted with the upgraded caliber 27-AM 400 until the end of its production run.

    The present example features an unrestored dial and the original certificate with its matching envelope, rarities in their own right.

  • 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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Ref. 3417
A rare and attractive stainless steel anti-magnetic wristwatch with original certificate

35mm Diameter
Case, dial, movement, strap and buckle signed

CHF25,000 - 35,000 

Sold for CHF65,000

Contact Specialist
Nathalie Monbaron
+41 22 317 81 83

The Geneva Watch Auction: THREE

Geneva Auction 15 May 2016