Patek Philippe - The Geneva Watch Auction: SEVEN Geneva Saturday, May 12, 2018 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1943
    Reference No: 565
    Movement No: 924'130
    Case No: 629'559
    Material: Stainless steel
    Calibre: Manual, cal. 12-120PS, 18 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Stainless steel Patek Philippe buckle
    Dimensions: 35mm Diameter
    Signed: Case, dial, and movement signed
    Accessories: Accompanied by an Extract from the Archives confirming the date of manufacture in 1943 and subsequent date of sale on June 19, 1944.
    Literature: A similar example of the reference 565 in stainless steel with luminous hands and Breguet numerals is prominently illustrated in Patek Philippe Steel Watches, by John Goldberger, pp. 184-185.

  • Catalogue Essay

    True windows into the past are difficult to find, as time typically takes its toll on all things, organic or mechanical. In the realm of collectible vintage watches, signs of age and wear can be alternately considered enhancements or detractors. In the case of the present reference 565, it is both the signs of its age and magnificently preserved state that add to its singularity.

    Patek Philippe's reference 565 is undoubtedly one of the most iconic time-only watches from the 1940s. The case architecture straddles the divide between robust practicality and simple elegance.

    Designed to cater to a public with a growing interest in outdoor activities, this model is not only fitted with a screw down caseback - something of a rarity in the 1940s - but also features an inner soft iron case serving to shield the movement from the adverse effects of magnetic fields. The case is composed of only two parts, constructed without the typical snap-on bezel, further suppressing another entry point of dust and humidity.

    Our eyes are first drawn to the case, as beautifully finished and pristine as it was when delivered to its first owner seventy-three years ago. The dually faceted bezel retains its original mirror polish and sharp lines, as does the brushed sides of the case. The dial follows, with its superb matte silvered finish, long hard enamel signature, bold luminous blued-steel baton hands and refined Breguet numerals. The smaller details are just as exciting, with beautiful luminous dots at each hour interval, a perfect and classic railway minute track, and the well-designed subsidiary seconds dial free of any noticeable imperfections.

    One of less than 15 known steel reference 565 with Breguet numerals and luminous dots and hands, this example is fresh to the market and one of the finest examples of a steel 565 in this combination ever offered publicly. It is proof that there are still unplumbed depths of vintage watches that have survived in such factory original, hardly worn condition. Even the most seasoned collector or experienced specialist is sure to feel his or her heart skip a beat when admiring this watch.

  • 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. 565
An extremely fine and rare stainless steel wristwatch with Breguet numerals, luminous hour markers, and luminous hands

35mm Diameter
Case, dial, and movement signed

CHF50,000 - 100,000 

Sold for CHF137,500

Contact Specialist
Alexandre Ghotbi
Head of Sale
+41 22 317 81 81

The Geneva Watch Auction: SEVEN

Geneva Auction 12-13 May 2018