Patek Philippe - The Hong Kong Watch Auction: EIGHT Hong Kong Monday, May 27, 2019 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1908
    Movement No: 152'945
    Case No: 256'895
    Model Name: Chronometro Gondolo
    Material: 18k pink gold
    Calibre: Manual, cal. 21'''
    Dimensions: 56mm Diameter
    Signed: Case, dial and movement signed by maker, cuvette signed by retailer
    Accessories: Accompanied with Extract from the Archives confirming production of the present watch with 24-hour dial in 1908 and its subsequent sale on July 6th, 1909

  • Catalogue Essay

    Originally started in 1872, the Brazilian retailer was at one time responsible for a third of Patek Philippe’s production, with the relationship solidifying in 1902 when Patek Philippe registered the model Chronometro Gondolo. For approximately the next 25 years, the Gondolo name was associated with high quality pocket watches and later wristwatches made specifically for the retailer. The watches featured several technical attributes, which set them apart from other Patek Philippe pocket watches including:

    • stem-wound movement, ratchet wheels of the mainspring barrel arbor with wolf tooth winding and a square indentation for the release of the barrel spring
    • 9K gold wheel train
    • straight line moustache lever escapement with a bimetallic compensation balance and a Breguet balance spring
    • minimum of 18 jewels
    • cam wheel or snail cam regulator, allowing for very precise but practical adjustment of the watch

    The dials reflected a range of styles from those with Roman, Arabic and Breguet numerals to the more unusual, however they all featured the Chronometro Gondolo signature, which originally appeared at the top of the enamel dial over the Patek Philippe signature, but was later moved to an arched signature over the subsidiary seconds.

    The present watch is a fine example of the rare 24-hour dials found on these famed watches. Patek Philippe created two distinct styles, one with full 24-hour indication and the second with 23-hour indication and a red or black “0” at the 12 position. These watches ran twice as slow as a typical movement so the day and night were shown over a 24-hour period. In excellent original condition, this pocket watch with black and red Breguet 24-hour dial makes a fine addition to any collection. It provides collectors with an opportunity to be part of a historical membership that is now over 100 years old.

  • 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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A very rare and unusual pink gold openface pocket watch with 24-hour dial, retailed by Gondolo & Labouriau

56mm Diameter
Case, dial and movement signed by maker, cuvette signed by retailer

HK$80,000 - 150,000 

Sold for HK$212,500

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: EIGHT

Hong Kong Auction 28 May 2019