Patek Philippe - The Hong Kong Watch Auction: FOUR Hong Kong Monday, May 29, 2017 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1957
    Reference No: 2577
    Movement No: 747'434
    Case No: 699'579
    Material: 18k pink gold
    Calibre: Mechanical, 10-200, 18 jewels
    Bracelet/Strap: Brown Patek Philippe crocodile leather strap
    Clasp/Buckle: 18k pink gold Patek Philippe buckle
    Dimensions: 35 mm. diameter
    Signed: Case, dial and movement signed, dial further signed by retailer
    Accessories: With Patek Philippe Extract from the Archives confirming production of the present watch in 1957 and its subsequent sale on 18 November 1957.

  • Catalogue Essay

    When one thinks of a time only Patek Philippe fitted with an enamel dial, we usually think of the automatic reference 2526 and its successor 3428. There is another reference, however, that is incredibly rare and not known to many.

    The reference 2577 was launched in 1958 and considering the rarity, it must have been a special order reference.

    To date, only two examples in pink gold are known, including the present watch. This 2577 has been retained in extremely well preserved condition and the dial is free of any imperfections. It is also the only known example to have been retailed by the prestigious Freccero & Cie located in Montevideo, Uruguay.

  • 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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Various Properties


Ref. 2577
A fine and very rare pink gold wristwatch with enamel dial, retailed by Freccero

35 mm. diameter
Case, dial and movement signed, dial further signed by retailer

HK$480,000 - 720,000 

Sold for HK$1,250,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

Ziyong Ho
+852 9386 2032

Jill Chen
+852 2318 2033

The Hong Kong Watch Auction: FOUR

Hong Kong Auction 30 May 2017