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: 728'605
    Case No: 697'195, amagnetic cage with repeated case number
    Model Name: "Amagnetic"
    Material: 18K yellow gold
    Calibre: Manual, cal. 12'''400, 18 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K yellow gold Patek Philippe buckle stamped PPCo
    Dimensions: 35mm. Diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Extract from the Archives confirming production of the present watch in yellow gold in 1958 and its subsequent sale on 22 August 1958.

  • Catalogue Essay

    The present watch, reference 2570/1, was manufactured in 1958 - the very year that the model was introduced. Cased in yellow and pink gold, the reference 2570/1 was a stark change from its "workhorse" peer, reference 3417, which was available in stainless steel only. Reference 2570/1 is characterized by its downturned lugs, which hug the wrist incredibly well. It provided a luxurious update to its stainless steel peer. Consequently, very few examples were produced. The present watch is only one of 14 known first series examples.

    A "Tool Watch" in many senses, anti-magnetic watches were made for scientists and technicians who worked near magnetic fields. The inner iron cap prevents the electromagnetic waves from altering the time-keeping accuracy of the watch. The watch is furthermore waterproof, allowing professionals to wear the watch under many different circumstances.

    Featuring a dial with baton markers and "9-12-3" yellow gold Arabic numerals, this example has been preserved in excellent condition. Still retaining its anti-magnetic cap, it bears the case number of the watch, confirming its originality. Many existing examples have lost their inner soft-iron cap over the years. It furthermore features two sharp hallmarks to either side of the lugs, and crisp edges throughout.

  • 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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Σ36

Ref. 2570/1
A fine, rare and attractive yellow gold anti-magnetic wristwatch with Arabic numerals

1958
35mm. Diameter
Case, dial, movement and buckle signed

Estimate
CHF20,000 - 30,000 
€18,500-27,800
$19,800-29,700

Contact Specialist
Alexandre Ghotbi
+41 22 317 81 89

The Geneva Watch Auction: FIVE

Geneva Auctions 13 – 14 May 2017