Patek Philippe - The Watch Auction: One Geneva Saturday, May 9, 2015 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1981
    Reference No: 3448
    Movement No: 1’119’584
    Case No: 332’624
    Material: 18k white gold
    Calibre: Automatic, 27-460Q
    Bracelet/Strap: Leather
    Clasp/Buckle: 18k white gold, signed PPC
    Dimensions: 37mm Diameter
    Signed: Case, dial and movement signed
    Accessories: With Extract from the Archives confirming production of the present watch in 1981 and its subsequent sale on February 17th, 1982.
    Literature: Reference 3448 is illustrated in Patek Philippe Wristwatches by Martin Huber & Alan Banbery, second edition, p. 288

  • Catalogue Essay

    Reference 3448 was the first self-winding perpetual calendar wristwatch made by Patek Philippe and was introduced into the market in 1962. The watch was fitted with the new in-house calibre, the 27-460Q, which was patented by the firm.
    According to literature there were 586 examples manufactured over the next 20 years and the majority of the production was cased in yellow gold. In 1981, reference 3448 was discontinued to make way for the reference 3450 with leap year indication.
    The present watch is a stunningly crisp example, most probably never repolished, with sharp lines to the case and extremely well-defined lugs. The very visible hallmark to the outside of the case back is untouched. The dial is clean and in very attractive original condition.
    It is interesting to note that this watch was manufactured at the very final stages of the reference 3448 production run. With the series starting with movement number 1’119’000, the present watch is the 585th example ever made, probably the second last one of the entire production run.
    Fresh to the auction market, the present “Padellone” offers the best this reference can provide: Rarity, looks, condition, and pleasure on the wrist.

  • 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. 3448
A very fine and rare white gold perpetual calendar wristwatch with moon phases

37mm Diameter
Case, dial and movement signed

CHF250,000 - 350,000 

Sold for CHF437,000

Contact Specialist
Nathalie Monbaron
+41 22 317 81 83

The Watch Auction: One

Geneva Auction 10 May 2015 6:30pm