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

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  • Manufacturer: Patek Philippe
    Year: 1958
    Reference No: 2584
    Movement No: 765’325
    Case No: 2’603’911
    Material: 18K white gold
    Calibre: Automatic, cal. 12-600, 30 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe pin buckle
    Dimensions: 36mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Delivered with a Patek Philippe Extract from the Archives confirming the date of manufacture of the present timepiece in 1958 and its subsequent date of sale on 11th September 1957.

  • Catalogue Essay

    The Patek Philippe Calatrava is with no doubt the longest produced series throughout the entire history of the firm. Produced only for a short three years, the ref. 2584 was released in 1957 until 1960 featuring a distinctive 36mm diameter round-shaped three-piece waterproof case made by casemaker A. Baumgartner identifiable via key no. 2 stamped inside the caseback.

    Powered by one of the firm’s most revered self-winding movement cal. 12-600 AT, the ref. 2584 essentially shares the same movement as the ref. 2526, which was launched a few years earlier in 1953, being the firm’s first self-winding wristwatch ever serially produced.

    Throughout the short production span of the ref. 2584, it is estimated that only 500 examples were produced across all case materials including yellow gold, pink gold with extremely rare examples in white gold. To our knowledge, it is believed that 360 examples were cased in yellow gold with approximately 50 examples known in the market, 80 examples in pink gold with an estimated 12 examples known in the market and only a dozen examples believed to be produced in white gold with only 1 example known in the market (the present watch). Fresh-to-the-market in 2021 appearing at an auction in Hong Kong, the present is the only example to ever appear in white gold, making this present timepiece highly rare and important. To further highlight the desirability of the present timepiece, it boasts a superbly well-preserved case with crisp edges that shows no signs of polishing from the past. Two hallmarks are perfectly visible on the caseband and lug. The dial is offered in a well-preserve state with its raised hard enamel signature prominent and defined.

    Delivered with a Patek Philippe Extract from the Archives confirming its date of manufacture of the present example in 1957. The present timepiece is perhaps one of the earliest examples of the reference made. Ticking all the boxes for rarity, condition and appeal, the present white gold Patek Philippe ref. 2584 is a must have for vintage Patek Philippe 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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Σ921

Ref. 2584
A very fine, rare and only one known white gold wristwatch with small seconds

1958
36mm diameter
Case, dial, movement and buckle signed

Estimate
HK$240,000 - 450,000 
€30,600-57,300
$30,800-57,700

Sold for HK$756,000

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