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

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  • Manufacturer: Patek Philippe
    Year: 1957
    Reference No: 2526
    Movement No: 765'073
    Case No: 2'602'822
    Material: 18K yellow gold
    Calibre: Automatic, 12-600
    Bracelet/Strap: 18k gold Gay Freres bracelet
    Clasp/Buckle: Folding buckle, stamped GF
    Dimensions: 36mm. Diameter
    Signed: Case, dial and movement signed by the maker, dial and case back signed for the retailer, case back further engraved Caracas, Agosto, 1961.
    Accessories: Extract from the Archives confirming the production of the present watch with yellow gold bracelet in 1957 and its subsequent sale on June 30th, 1958
    Literature: The model is illustrated in Patek Philippe Museum, Patek Philippe Watches, Volume II, pp. 244-245.

  • Catalogue Essay

    Presented in exceptional condition and fitted with a wonderfully rich ivory colour enamel dial with no imperfections, the rarity of the present watch is further enhanced by the prestigious retailers signature, Serpico y Laino in Caracas, Venezuela applied to the dial and stamped to the case back. In addition to this double stamp of approval the watch is fitted with the correct PP crown and heavy gold Gay Frères bracelet. The extract confirms the presence of a gold bracelet however we believe that since the watch first appeared at auction some years ago, the bracelet has been upgraded to the present heavy Gay Frères example. Reference 2526, introduced in 1953, was Patek Philippe's first model featuring a self-winding movement, the calibre 12-600 AT.

  • 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. 2526
A rare and attractive gold wristwatch with Gay Freres bracelet and enamel dial, retailed by Serpico y Laino

18k yellow gold
36mm. Diameter
Case, dial and movement signed by the maker, dial and case back signed for the retailer, case back further engraved Caracas, Agosto, 1961.

CHF25,000 - 35,000 

Sold for CHF45,000

Contact Specialist
Nathalie Monbaron
+41 22 317 81 83

The Watch Auction: One

Geneva Auction 10 May 2015 6:30pm