A very fine and rare yellow gold perpetual calendar chronograph wristwatch with moonphases and original certificate

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  • Condition Report

  • Manufacturer: Patek Philippe
    Year: 1981
    Reference No: 2499/100
    Movement No: 869'417
    Case No: 2'779'186
    Material: 18K yellow gold
    Calibre: Manual, cal. 13’’Q, 23 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K yellow gold PP.Co pin buckle
    Dimensions: 37.5mm Diameter
    Signed: Case, dial, movement and buckle signed, dial further signed Gübelin
    Accessories: Accompanied by original Patek Philippe Certificate of Origin stamped Gübelin dated July 1981, Patek Philippe Extract from the Archives confirming production of the present watch in 1981 and its subsequent sale on June 24, 1981, Patek Philippe leather wallet and product literature. Further accompanied by Gübelin Extract from the Archives confirming the sale of this watch.
    Literature: For another example of reference 2499/100, please see Patek Philippe Museum, Patek Philippe Watches - Volume II, page 307

  • Video

    Patek Philippe, Ref. 2499/100

    Double Signed, Geneva, 9 November 2019

  • Catalogue Essay

    Reference 2499/100 is the fourth and last generation of Patek Philippe’s most iconic perpetual calendar chronograph wristwatch originally launched in 1951. This fourth generation was introduced in 1980 and remained in production for a very short time being replaced in 1985 by reference 3970.

    Even though reference 2499 was in production for 34 years, only a handful left the Geneva ateliers each year and it is believed that approximately 349 examples were made in different case metal and dial combinations. Its large 37.5mm case, down turned stepped lugs, beautifully balanced dial layout and superlative complicated movement stamped with the Geneva seal make this reference one of the most exciting watches to leave the Patek Philippe ateliers.

    Patek Philippe initially used famed case maker, Vichet, to manufacture the 2499’s case, however early on switched their production to the Wenger atelier. The Vichet case had pronounced, elongated lugs, and a flat case back, while the Wenger case featured a beautifully domed caseback with more compact lugs, as found on the present timepiece.

    Patek Philippe evolved the dial designs as well, and can be categorized into the following four series:

    • First series: distinguished by square chronograph pushers, applied Arabic numerals and tachymeter scale.
    • Second series: first to use round chronograph pushers, either applied Arabic numerals or baton indexes, and tachymeter scale.
    • Third series: round chronograph pushers, applied baton indexes and outer seconds divisions without tachymeter scale.
    • Fourth series: to which the present example belongs, round chronograph pushers, applied baton indexes and out seconds division, with sapphire crystal.

    The present version is not only fresh to the market, but is one of only four examples in yellow gold (regardless of series) to bear the prestigious Gübelin signature on the dial. Adding extra appeal is the fact that the watch comes with its original Certificate of Origin dated July 1981 and bearing the stamp of the Gübelin store of Zürich’s prestigious Banhofstrasse.

    In appealing condition and offered with its original accessories, this rare and attractive watch is a definitive trophy 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. 2499/100
A very fine and rare yellow gold perpetual calendar chronograph wristwatch with moonphases and original certificate

1981
37.5mm Diameter
Case, dial, movement and buckle signed, dial further signed Gübelin

Estimate
CHF350,000 - 700,000 
€320,000-641,000
$352,000-703,000

Place Advance Bid
Contact Specialist
Virginie Liatard-Roessli
Specialist, Head of Sale
+41 76 338 91 03
vliatard@phillips.com

Double Signed: A Celebration of the Finest Partnerships Between Manufacturers and Retailers

Geneva Auction 9 November 2019