Patek Philippe - The Hong Kong Watch Auction: ONE Hong Kong Monday, November 30, 2015 | Phillips
  • Manufacturer: Patek Philippe
    Year: 1955
    Reference No: 570
    Movement No: 725'470
    Case No: 308'017
    Material: 18k yellow gold
    Calibre: Mechanical, 12-400, 18 jewels
    Bracelet/Strap: Dark brown Patek Philippe crocodile leather strap
    Clasp/Buckle: 18k yellow gold Patek Philippe buckle stamped PPC
    Dimensions: 35.5 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Extract from the Archives confirming the production of the present watch with applied gold hour markers in 1955 and its subsequent sale on 17 January 1959.
    Literature: For another example of reference 570 with subsidiary seconds, please see Patek Philippe Wristwatches by Martin Huber and Alan Banbery, page 169 and 170.

  • Catalogue Essay

    Introduced in 1938, the reference 570 was available either with subsidiary seconds or sweep centre seconds, and could be purchased in each of the four case metals. The present watch manufactured in 1955 is fitted with subsidiary seconds and is preserved in original, crisp and very appealing condition.

  • 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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Σ290

Ref. 570
A rare yellow gold wristwatch

1955
35.5 mm. diameter
Case, dial and movement signed

Estimate
HK$70,000 - 90,000 

Sold for HK$150,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001
thomasperazzi@phillips.com

Ziyong Ho
Specialist
+852 9386 2032
ziyongho@phillips.com

Jill Chen
Specialist
+852 2318 2033
jillchen@phillips.com

The Hong Kong Watch Auction: ONE

Hong Kong Auction 1 December 2015 11am