Patek Philippe - The Hong Kong Watch Auction: XII Hong Kong Saturday, June 5, 2021 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1955
    Reference No: 2551
    Movement No: 762’185
    Case No: 687’507
    Material: 18K yellow gold
    Calibre: Automatic, cal. 12-600 AT, 30 jewels
    Bracelet/Strap: 18K yellow gold Patek Philippe Gay Frères brick bracelet, max length 185mm
    Clasp/Buckle: 18K yellow gold Patek Philippe Gay Frères deployant clasp stamped “1,45”
    Dimensions: 36mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Delivered with a Patek Philippe Extract from the Archives confirming its date of manufacture of the present timepiece in 1955 and its subsequent date of sale on 25th September 1959.

  • Catalogue Essay

    Introduced in 1954, the Patek Philippe ref. 2551 is the second reference to utilize the firm’s iconic self-winding cal. 12-600 AT after the ref. 2526. With a very distinctive case mimicking the looks of a flying saucer, the lugs features an elegant step. Made by master casemaker A. Wenger (identifiable via key no. 1), the reference was offered in various materials including yellow gold and pink gold with rare examples in white gold and platinum. The reference was discontinued in 1960. Throughout its production span, it is estimated that 1,100 examples of the reference were encased in yellow gold with only approximately 100 examples resurfaced to the market since.

    The present example Patek Philippe ref. 2551 in yellow gold from 1955 is fitted with a rare and attractive yellow gold Gay Frères brick bracelet from the respective era and is further stamped by Patek Philippe. Immediately enhancing the value and appeal of the present example, it is also delivered with a Patek Philippe Extract from the Archives confirming the production of the present timepiece.

  • 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. 2551
A fine and rare yellow gold wristwatch with small seconds and bracelet

36mm diameter
Case, dial, movement, bracelet and clasp signed

HK$140,000 - 200,000 

Sold for HK$151,200

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: XII

Hong Kong Auctions 5-6 June 2021