A rare and probably unique pink gold wristwatch with black dial, retailed by Freccero & Cia

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  • Manufacturer: Patek Philippe
    Year: 1951
    Reference No: 565
    Movement No: 968'979
    Case No: 663'082
    Material: 18K pink gold
    Calibre: Manual, cal. 12'''120, 18 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: 18K pink gold buckle signed PPC°
    Dimensions: 35mm. Diameter
    Signed: Case, dial and movement signed
    Accessories: Accompanied by Patek Philippe Extract from the Archives confirming production in 1951 with rose gold indexes and subsequent sale on January, 19, 1952 and fitted presentation box.

  • Catalogue Essay

    The Reference 565 is certainly one of Patek Philippe’s sportier models from the 1940s and early 1950s thanks to its robust two pieces case construction and screw back. Not only is it water resistant – something of a rarity in the 1940s, but the model also features an inner soft iron case to shield the movement from the adverse effects of magnetic fields. The outer case is composed of only two parts constructed without the habitual snap-on bezel, further suppressing another entry point of dust and humidity.

    The present lot is an exceptional example, as it is not only one of only four reference 565 in pink gold fitted with a black dial known to date, but amongst those four examples, only two are signed by Freccero and only the present model displays triangular indexes and 3-9-12 in Arabic numerals. Furthermore, a very original and unusual “ACUATIC” inscription is featured at 6 o’clock referring to its water-resistant case. For collectors of the finest timepieces, the retailer’s signature of “Freccero” is an added treat for this already rare piece. Freccero & Cia was a prestigious retailer of Patek Philippe watches from Montevideo in Uruguay.

    The case retains its elegant angles and brushed and polished surfaces. With its seductive black dial with triangular indexes and the highly unusual “ACUATIC” inscription, this timepiece lot exudes confidence and elegance, and when also considering its ultimate exclusivity, the present is a superb example for the discerning collector.

  • Maker Bio

    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
A rare and probably unique pink gold wristwatch with black dial, retailed by Freccero & Cia

1951
35mm. Diameter
Case, dial and movement signed

Estimate
CHF40,000 - 60,000 
€36,700-55,100
$41,200-61,800

sold for CHF52,500

Contact Specialist
Alexandre Ghotbi
+41 22 317 81 89

The Geneva Watch Auction: FOUR

Geneva Auctions 12 – 13 November 2016