An incredibly well-preserved and extremely rare white gold wristwatch with fluted lugs

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  • Condition Report

  • Manufacturer: Patek Philippe
    Year: 1960
    Reference No: 2525/1
    Movement No: 750'529
    Case No: 2'602'298
    Material: 18K white gold
    Calibre: Manual, cal. 10-200, 18 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: 18K white gold Patek Philippe buckle
    Dimensions: 36mm Diameter
    Signed: Case, dial, movement and buckle signed, dial further signed Gübelin
    Accessories: Accompanied by Patek Philippe Extract from the Archives confirming production of the present watch in 1960 and its subsequent sale on August 30, 1960. Further accompanied by Gübelin Extract from the Archives confirming the sale of the watch.

  • Catalogue Essay

    In production from 1952 until 1962, reference 2525/1 is characterized by its stepped case and fluted lugs, and features a manual winding movement. The model is particularly rare. To date, no more than two example in white gold have appeared on the market. Furthermore, the present watch is the only known reference 2525/1 cased in white gold and retailed by Gübelin.

    This wonderfully preserved white gold reference 2525/1 is cased in white gold and features the signature of Gübelin at the center of the dial. Most interestingly, the inside case back bears a series of of minuscule letters. Research shows that this was actually an internal code that Gübelin used.

    This timepiece is preserved in particularly excellent condition. The lugs showcase beautiful fluting, and the stepped case remains defined and crisp. Two hallmarks are visible on either side of the lug. The dial presented in untouched condition, with crisp and thick hard enamel graphics.

  • 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. 2525/1
An incredibly well-preserved and extremely rare white gold wristwatch with fluted lugs

1960
36mm Diameter
Case, dial, movement and buckle signed, dial further signed Gübelin

Estimate
CHF25,000 - 50,000 
€23,000-46,000
$25,200-50,300

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