Patek Philippe - The Geneva Watch Auction: XV Geneva Saturday, May 7, 2022 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1958
    Reference No: 2570/1
    Movement No: 728'619
    Case No: 697'228
    Model Name: "Amagnetic"
    Material: 18K pink gold
    Calibre: Manual, cal. 12'''400AM, 18 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K pink gold PPCo pin buckle
    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 rose gold in 1958 and its subsequent sale on 19 september 1958.

  • Catalogue Essay

    Patek Philippe Amagnetic was initially introduced in 1958 and has become nowadays an extremely coveted and sought after reference amongst collectors and aficionados. During the 1950s, many watch manufacturers identified a demand for anti-magnetic wristwatches aimed to be used by scientists and those working in a highly magnetic environments. Whereas the Amagnetic reference 3417s were made in steel, which makes sense for a tool watch, Patek Philippe in a very audacious and daring move at the time decided to launch reference 2570/1 in yellow and pink gold, both in extremely low numbers. Early models 2570/1 from 1958 like the present example have outside hallmarks on the left upper lug as well as a "Helvetia" hallmark present on the right side of the right lower lug. The timepiece also correctly displays a "Type II" dial that were used between 1957 and 1959.

    Beating inside is the superbly hand finished caliber 12'''400, the first antimagnetic caliber used in a Patek Philippe, and of which 1'000 pieces where made from 1950 to 1961. The movement is further protected by its original soft iron cover - the inner iron cap prevents the electromagnetic waves from altering the time-keeping accuracy of the watch.

    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 like the present example. This watch is not only extremely rare but both the case and dial are in very attractive and well preserved condition, furthermore the present watch is only one of 14 known "first series" examples.

  • 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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Σ251

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

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

Estimate
CHF20,000 - 40,000 
€19,600-39,300
$21,200-42,500

Sold for CHF69,300

Contact Specialist

Alexandre Ghotbi
Head of Watches, Continental Europe and the Middle East

+41 22 317 81 81
[email protected]

Tiffany To
Head of Sale, Geneva

+41 22 317 96 63
[email protected]

The Geneva Watch Auction: XV

Geneva Auction 7 - 8 May 2022