Patek Philippe - The Geneva Watch Auction: FIVE Geneva Friday, May 12, 2017 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1967
    Reference No: 3448
    Movement No: 1'119'079
    Case No: 319'074
    Model Name: "Padellone"
    Material: 18K yellow gold
    Calibre: Automatic, cal 27-460Q, 37 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K yellow gold unsigned pin buckle
    Dimensions: 37mm. Diameter
    Signed: Case, dial and movement signed
    Accessories: Accompanied by a Patek Philippe fitted box, an original Patek Philippe Certificat d'Origine et de Garantie as well as a Patek Philippe Extract from the Archives confirming production of the present watch in 1967 and its subsequent sale on Oct 5, 1967
    Literature: Reference 3448 is illustrated in Patek Philippe Wristwatches by Martin Huber & Alan Banbery, second edition, p. 288

  • Catalogue Essay

    Reference 3448 is a worthy heir to Patek Philippe’s long lineage of perpetual calendars which commenced with reference 1526. A pivotal watch in the history of horology, the latter was the very first serially produced perpetual calendar wristwatch that was launched in 1941. Reference 3448 was Patek Philippe’s first self-winding perpetual calendar wristwatch and was introduced in 1962. The watch was fitted with the new in-house calibre, the 27-460Q, which was patented by the firm. Furthermore, the caliber bears the prestigious Geneva seal underlining the painstaking hand finish it has gone through.

    According to literature, 586 examples were manufactured during its 20 years of production. It is interesting to note that this watch was manufactured at the very first stages of the reference 3448 production run. With the series starting with movement number 1’119’000, the present watch is the 80th example ever made.

    Early generation models feature all black printing (signature and date ring) in raised hard enamel. The outer minute marks are small gold "pearls" giving the watch an undeniably vintage look.

    The rarity and desirability of this milestone piece is further enhanced by the Gübelin signature beneath the moonphase indicator. Founded in Lucerne in 1854, Gübelin was then as now, one of the most exclusive retailers of fine horology.

    The present watch is being offered to the market only for the second time since its manufacture, and is accompanied by its original Patek Philippe Certificat d'Origine et de Garantie, underlining the quality of this piece and care it has been given. It is a superbly preserved example of one of Patek Philippe’s finest creations offering rarity, refinement, condition, and most importantly, pleasure on the wrist.

  • 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. 3448
A very fine and rare yellow gold perpetual calendar wristwatch with moonphases and original certificate, retailed by Gübelin

37mm. Diameter
Case, dial and movement signed

CHF100,000 - 150,000 

Sold for CHF193,750

Contact Specialist
Alexandre Ghotbi
+41 22 317 81 89

The Geneva Watch Auction: FIVE

Geneva Auctions 13 – 14 May 2017