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

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  • Manufacturer: Patek Philippe
    Year: 1958
    Reference No: 2570-1
    Movement No: 728'618
    Case No: 697'229
    Model Name: Amagnetic
    Material: 18k pink gold
    Calibre: Manual, cal. 12AM400, 18 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: 18k pink gold Patek Philippe pin buckle
    Dimensions: 35mm. Diameter
    Signed: Case, dial, movement and pin buckle signed
    Accessories: Accompanied by the original Patek Philippe Certificate of Origin and an Extract from the Archives confirming production of the watch in 1958 and its subsequent sale on October 9th, 1958
    Literature: For another example of a reference 2570/1 see Patek Philippe Wristwatches by Martin Huber & Alan Banbery, second edition, p. 194.

  • Catalogue Essay

    During the 1950s many distinguished watch manufacturers identified a demand for antimagnetic wristwatches. Many of these watches have become so famous and collectable, that one does not need to mention the manufacture's name but only the model name, to brighten any watch aficionado's eyes: Railmaster, Ingenieur, Milgauss and naturally Patek Philippe's Amagnetic!

    By definition, Amagnetic watches are tool watches, and consequently cased in stainless steel. Yet, Patek Philippe dared to case a very small number of Amagnetics in yellow gold and even fewer in pink gold. Only seven pink gold examples of the 2570/1 are known, amongst which only three have “Amagnetic” printed on the dial. This watch is furthermore the only one of the three that is accompanied by its original certificate, making the present lot even more appealing and covetable.

    Beating inside is the superbly hand finished caliber 12AM400, protected by its original soft iron cover, numbered 697’229 like the case, which can resist magnetic fields up to 450 oersteds. On later versions, as of 1960, this caliber was replaced by a similar movement, caliber 12-AM 400 that featured a Gyromax balance and free sprung regulator.

    References 2570 and 2570/1 are very close to each other with only very subtle differences to the crown and the lugs. The crown of the reference 2570 is positioned completely outside the case and has straight lugs whereas the crown of reference 2570/1 is partly set into the case and has elegantly downturned lugs. This watch is not only extremely rare but is also a very attractive and extremely well preserved. It will for sure attract any serious collector’s attention.

  • 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. 2570-1
An extremely rare and attractive anti-magnetic pink gold wristwatch with elongated hour-markers and original certificate

35mm. Diameter
Case, dial, movement and pin buckle signed

CHF50,000 - 100,000 

Sold for CHF150,000

Contact Specialist
Alexandre Ghotbi
+41 22 317 81 89

The Geneva Watch Auction: FIVE

Geneva Auctions 13 – 14 May 2017