Patek Philippe - The Hong Kong Watch Auction: XIV Hong Kong Friday, May 27, 2022 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 1960s
    Reference No: 3417
    Movement No: 734'483
    Case No: 2'644'363
    Model Name: Amagnetic
    Material: Stainless steel
    Calibre: Manual, cal. 27AM400, 18 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Stainless steel pin buckle
    Dimensions: 35mm diameter
    Signed: Case, dial and movement signed

  • Catalogue Essay

    Reference 3417 was introduced in 1958 and discontinued in circa 1968. It was produced only in stainless steel and it was the first “Amagnetic” wristwatch made by the manufacture in series. It can be divided in two series:

    1st series from 1958 to circa 1960 with caliber 12-AM 400
    2nd series from 1960 to end of production with caliber 27-AM 400 (like the present example)

    The screw down two pieces case is water proof and is fitted with a Permalon (similar to soft iron) protection cover fitted on top of the movement. Several Stern Freres type of dials were produced with “Amagnetic” signature and not, please see the archival image for reference.

    All the dials were opalin-satin finished with subsidiary seconds, applied Arabic 12 in white gold and enamel signature. It is believed that circa 500 models of reference 3417 were made over the production run.
    The present 2nd series example has been beautifully preserved and it is the first time that this 3417 configuration is offered in a Phillips catalogue highlighting the rarity of the reference.

  • 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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1062

Ref. 3417
A very rare and well preserved stainless steel anti-magnetic wristwatch with small seconds

Circa 1960s
35mm diameter
Case, dial and movement signed

Estimate
HK$400,000 - 620,000 
€51,000-79,000
$51,300-79,500

Sold for HK$371,700

Contact Specialist

Thomas Perazzi
Head of Watches, Asia 
+852 2318 2001
WatchesHK@phillips.com

The Hong Kong Watch Auction: XIV

Hong Kong Auction 27 - 28 May 2022