Patek Philippe - Geneva Watch Auction: FOUR Geneva Friday, November 11, 2016 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1957
    Reference No: 2526
    Movement No: 764'432
    Case No: 698'264
    Material: 18k pink gold
    Calibre: Automatic, cal. 12'''600 AT, 30 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Gold plated buckle
    Dimensions: 35.5mm. Diameter
    Signed: Case, dial, and movement signed
    Accessories: The present watch is accompanied by an Extract from the Archives confirming its date of manufacture in 1957, and subsequent sale on May 21, 1958. The watch is further accompanied by a second bracelet in 18K pink gold made by Gay Frères further stamped 150, max length 195mm.
    Provenance: Christie's, Patek Philippe 175th anniversary auction, Geneva, November 9, 2014 - Lot 71
    Literature: This model is illustrated in Patek Philippe Museum Patek Philippe, Volume II, pg. 244-245.

  • Provenance

    Christie's, Patek Philippe 175th anniversary auction, Geneva, November 9, 2014 - Lot 71

  • Catalogue Essay

    Patek Philippe’s first automatic wristwatch, the legendary reference 2526, was introduced to the market in 1953 and set the standard for a timeless and elegant case design that later inspired references 5035 and 5036. Reference 2526 launched with the celebrated caliber 12-600 AT - Patek Philippe’s first automatic movement – considered by many to be the most beautiful self- winding movement made by any manufacturer.
    Produced predominantly in yellow gold, with a small series made in pink gold and white gold, and an even smaller batch made in platinum, those in pink gold from Patek Philippe’s retailer in Caracas, Serpico y Laino, are especially sought after amongst collectors today.
    The pristine enamel dial of the second-generation type is flawless, featuring the exclusive Serpico y Laino retailer signature in the subsidiary dial for constant seconds. Additionally, the caseback stamped ‘S.&L.’ remains crisp and legible, which is a treat for collectors to see. There are very few examples of reference 2526 known to the market in pink gold bearing the prestigious retailers name, adding to the rarity of this piece.
    This watch has been exceptionally well preserved by the owner, with strong definition to the case and lugs, as well as a deep hallmark stamping found between the lugs at the 6 o’clock position. It is one of the finest examples to appear on the market, having been sold for the first time at auction in the thematic Patek Philippe 175th Anniversary sale held in 2014 in Geneva. Accompanied by an Extract from the Archives, and also accompanied with a period correct, matching pink gold bracelet manufactured by Gay Frères, this watch offers enduring value, exclusivity, and wearability for the discerning collector.

  • 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 highly attractive and very rare pink gold wristwatch with enamel dial and bracelet, retailed by Serpico Y Laino

35.5mm. Diameter
Case, dial, and movement signed

CHF40,000 - 70,000 

Sold for CHF68,750

Contact Specialist
Alexandre Ghotbi
+41 22 317 81 89

Geneva Watch Auction: FOUR

Geneva Auctions 12 – 13 November 2016