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

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  • Manufacturer: Patek Philippe
    Year: 1977
    Reference No: 2499
    Movement No: 869’466
    Case No: 2’700’424
    Material: 18K yellow gold
    Calibre: Manual, cal. 13''Q, 23 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: 18K yellow gold Patek Philippe pin buckle
    Dimensions: 37.5mm Diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Extract from the Archives confirming production of the present watch in 1977 and its subsequent sale on August 30, 1977 and presentation box.

  • Catalogue Essay

    Launched in 1951, reference 2499 is an incredibly timeless and sought-after timepiece. With its 37.5 millimeter case and harmonious dial configuration, it remains an incredibly modern-looking wristwatch today. Considered one the most beautiful serially-produced models ever created, it is a "trophy watch" for many collectors. In production for 34 years, this highly exclusive perpetual calendar chronograph wristwatch was made in 349 pieces. Produced by Wenger, the case boasts beautiful fluted lugs that hug the wrist wonderfully.

    While the present watch is a third series example, reference 2499 can be divided into four categories:

    First series watches feature square chronograph buttons, applied Arabic numerals and display a tachymeter scale on the dial.

    Second series watch feature round chronograph buttons, either applied baton or applied Arabic numerals and a tachymeter scale on the dial.

    Third series, like this watch, feature round chronograph buttons, applied baton numerals and outer seconds divisions.

    Fourth series feature round chronograph buttons, applied baton numerals, outer seconds divisions and a sapphire crystal.

    This particular example is preserved in excellent condition with strong fluting on the lugs and robust case proportions. Compared to its predecessor reference 1518, reference 2499's stepped lugs give the watch even more presence on the wrist. Furthermore, third series dials most notably display hard enamel printing that is slightly more shallow than its second series siblings, which is evident on this watch. On this example, the accent above the "e" in "Genève" is still present and all the graphics remain intact. Interestingly, third series watches also display a lighter hallmark, which is still visible beneath the crown on this watch.

    Its good looks coupled with its desirability renders this timepiece one of the most collectible vintage wristwatches on the market today.

  • 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. 2499
A rare and attractive yellow gold perpetual calendar chronograph wristwatch with moonphases

37.5mm Diameter
Case, dial, movement and buckle signed

CHF300,000 - 500,000 

Sold for CHF396,500

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

The Geneva Watch Auction: SEVEN

Geneva Auction 12-13 May 2018