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

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  • Manufacturer: Patek Philippe
    Year: 1958
    Reference No: 3417
    Movement No: 728'884
    Case No: 2'605'758
    Model Name: Amagnectic
    Material: Stainless steel
    Calibre: Manual, cal. 12"400, 18 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Stainless steel Patek Philippe buckle
    Dimensions: 35mm. Diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe presentation box. Further delivered with Patek Philippe Extract from the Archives confirming production of the present watch in 1958 and its subsequent sale on September 23rd, 1959

  • Catalogue Essay

    Patek Philippe released the watch in 1958 in stainless steel only and continued production until 1968. The late 1950s and 60s were a period of manufacturers producing watches that were anti-magnetic for better timekeeping capability. The two-piece case featured a soft iron inner case correctly inscribed with the case number, as well as a solid gold anchor in the escapement, both were unaffected by magnetism.

    The present rare example, fresh to the market, is from the first series featuring the cal. 12”400 without the AM notation. The watch is in excellent condition with a clean and unrestored dial and will be a joy to all discerning collectors.

  • 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. 3417
A rare and fine stainless steel anti-magnetic wristwatch with presentation box

35mm. Diameter
Case, dial and movement signed

HK$240,000 - 400,000 

Sold for HK$537,500

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