Patek Philippe - The Hong Kong Watch Auction: SIX Hong Kong Monday, May 28, 2018 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1938
    Reference No: 803
    Movement No: 860'901
    Case No: 505'269
    Material: 18K yellow gold
    Calibre: Manual, cal. 10", 18 jewels
    Dimensions: 35mm. Diameter
    Signed: Case, dial and movement signed, dial signed by retailer
    Accessories: With Patek Philippe Extract from the Archives confirming production of the present watch in a US $20 gold coin, and with Breguet numerals in 1938 and its subsequent sale on April 27th, 1940.

  • Catalogue Essay

    Patek Philippe is known for its rare and unusual timepieces, and the present coin watch is an attractive example of their ingenuity. Produced in in 1938 and sold April 27, 1940 this is one of the earliest known examples, with production continuing until the 1980s. The series were given the reference numbers 800-809, and included monetary values of $5USD (ref. 800), $10USD (ref 801), $20USD (ref 802 & 803), 100CHF (ref. 804), 50 Pesos (Ref. 805), along with others. There are 23 known examples of the reference 803, and this is the only known one with the Astrua dial.

    The present example is in excellent overall condition with its original dial with Breguet numerals confirmed by the extract. The watch is further enhanced with the Italian retailer signature Astrua Torin. A fun novelty timepiece, these Patek Philippe coin watches have become highly desirable in the market today. This is a rare opportunity to own one that checks all the boxes.

  • 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. 803
An early and rare yellow gold twenty dollar coin watch with Breguet numeral and retailed by Astrua Torino

35mm. Diameter
Case, dial and movement signed, dial signed by retailer

HK$100,000 - 150,000 

Sold for HK$200,000

Contact Specialist
Thomas Perazzi
Head of Watches, Asia
+852 2318 2030

Ziyong Ho
+852 9386 2032

Jill Chen
+852 2318 2033

The Hong Kong Watch Auction: SIX

Hong Kong Auction 29 May 2018