Patek Philippe - The Geneva Watch Auction: XIX featuring the Guido Mondani Collection Geneva Saturday, May 11, 2024 | Phillips

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  • Condition Report

  • Manufacturer: Patek Philippe
    Year: 1952
    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 Patek Philippe reference 565 stands out as one of Patek Philippe's sportier models from the 1940s and early 1950s. Noteworthy for its water resistance, a rarity in the 1940s, the model also incorporates an inner soft iron case to protect the movement, the outer case is uniquely composed of two parts, minimising potential entry points for dust and humidity. Its innovative and enduring qualities have certainly made the reference 565 a collector’s favourite.

    A captivating specimen, the present Patek Philippe reference 565 is one of just four examples in pink gold with a black dial known to exist. Among these four, only two bear the signature of Freccero, and the present model uniquely showcases triangular indexes and 3-9-12 configuration in Arabic numerals.

    Adding to its distinctive features, a very original and uncommon “ACUATIC” inscription is displayed at 6 o'clock, highlighting its water-resistant case. The final inclusion of the retailer’s signature "Freccero" certainly adds an extra layer of allure.

    The case retains its polished and brushed surfaces, showcasing elegant angles. Enhanced by a captivating black dial adorned with distinctive triangular indexes and the remarkably rare “ACUATIC” inscription, this timepiece emanates a sense of confidence and sophistication. Given its unparalleled exclusivity, the present lot stands as an exceptional exemplar for collectors with discerning tastes.

  • 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. 565
An incredibly rare and probably unique pink gold wristwatch with black dial and “acuatic” indication, retailed by Freccero

1952
35mm Diameter
Case, dial and movement signed

Estimate
CHF20,000 - 40,000 
€20,400-40,900
$21,900-43,700

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Contact Specialist

Alexandre Ghotbi
Deputy Chairman, Watches, Head of Watches, Europe, and Middle East

+41 79 637 17 24
AGhotbi@phillips.com

Tiffany To
Head of Sale, Geneva

+41 79 460 55 88
TiffanyTo@phillips.com

The Geneva Watch Auction: XIX featuring the Guido Mondani Collection

Geneva Auction 11 - 12 May 2024