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

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  • Manufacturer: Patek Philippe
    Year: 1968
    Reference No: 503
    Movement No: 874’216
    Case No: 1804
    Model Name: Gilt Brass
    Calibre: Solar powered, cal. 17-250QP, 29 jewels
    Dimensions: 200 x 140 x 90mm
    Signed: Dial signed by maker and retailer, case and movement numbered
    Accessories: Accompanied by red leather Patek Philippe fitted presentation box. Further accompanied by Patek Philippe Extract from the Archives confirming production of the present watch with perpetual calendar in 1968 and its subsequent sale on October 7th, 1968.

  • Catalogue Essay

    An interesting period in their history began following World War II when they established their Electronics Division in 1948. The present reference 503 from 1968 features the state of the art caliber 17-250QP photo-electric cell with quartz battery. The solar panel in the top collects artificial and sun light, which is transmitted to the battery and this energy is power the caliber 17-250É watch movement. It is interesting to note this caliber watch movement differs from the caliber 17-250 found on other models. The 17-250É movement is gilt, opposed to nickel-finished, and the gear train is larger as well separated and housed adjacent to the main plate.

    This large rectangular perpetual calendar table clock is a wonderful example of Patek Philippe’s technology and design from the 1960s. The clock is in excellent condition with crisp case and clean dial and one of eleven known examples on the market and the third with Tiffany signature.

  • 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. 503
An attractive and well preserved gilt brass solar powered perpetual calendar table clock with “straight line” display, retailed by Tiffany & Co.

200 x 140 x 90mm
Dial signed by maker and retailer, case and movement numbered

HK$160,000 - 235,000 

Sold for HK$200,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: EIGHT

Hong Kong Auction 28 May 2019