Patek Philippe - The Geneva Watch Auction: X Geneva Saturday, November 9, 2019 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1949
    Reference No: 530
    Movement No: 867'653
    Case No: 511'608
    Material: 18K yellow gold
    Calibre: Manual, cal. 13"', 23 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: 18K yellow gold PPCo pin buckle
    Dimensions: 36.5mm Diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Extract from the Archives confirming production of the present watch in 1949 and its subsequent sale on July 12, 1950 and presentation box.
    Literature: Reference 530 is illustrated in Patek Philippe Wristwatches by Martin Huber & Alan Banbery, second edition, p. 265.

  • Catalogue Essay

    Patek Philippe considered the design of its chronograph reference 530 so relevant and iconic that it inspired the creation of the modern reference 5170 chronograph.

    Reference 530 was first launched in 1937, and remains one of the rarest chronograph models manufactured by the firm. Even though it takes design cues from its sister model, reference 130, the case size of reference 530 remains substantial even to today’s standards with a whopping 36.5mm. diameter.

    The reference 530 can be considered the ultimate in terms of rarity, desirability, and aesthetic beauty.

    The case and dial design of the present lot hits all the right notes. The perfect equilibrium between the case diameter and thickness, the powerful lugs and concave bezel speak of highly contemporary elegance. The silver dial with applied Arabic numerals at 12 and 6 o’clock has turned a very pleasing shade of ivory.

    Fresh to the market, the present yellow gold reference 530 chronograph is only the 28th to appear on the market. The present reference 530 chronograph impresses with its original factory finished case, the satin and brushed surfaces provide for an arresting contrast and the gold hallmarks are crisp presenting an unbelievable opportunity not to be missed by the avid 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. 530
A very rare, large and attractive yellow gold chronograph wristwatch with silver dial and tachymeter scale

1949
36.5mm Diameter
Case, dial, movement and buckle signed

Estimate
CHF120,000 - 180,000 
€113,000-169,000
$125,000-187,000

Sold for CHF162,500

Contact Specialist
Alexandre Ghotbi
Head of Watches, Continental Europe and the Middle East
+ 41 79 637 1724
aghotbi@phillips.com

The Geneva Watch Auction: X

Geneva Auction 9-10 November 2019