Patek Philippe - The Hong Kong Watch Auction: SEVEN Hong Kong Monday, November 26, 2018 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1986
    Reference No: 880
    Movement No: 866'584
    Case No: 332'915
    Material: 18K yellow gold
    Calibre: Manual, cal. 17”, 29 jewels
    Dimensions: 51.5mm. Diameter
    Signed: Dial, case and movement signed
    Accessories: Further delivered with Extract from the Archives confirming production of the present watch in 1986 and its subsequent sale on December 16, 1988.

  • Catalogue Essay

    In an era of technological advances and supercomputing, it is at times a rewarding activity to slow one’s pace and reflect on the past. In the world of horology, the pocket watch is the perfect timepiece to settle upon, for it has both a long and rich history reaching back to the late 15th century, and is a technical marvel from which the modern wristwatch evolved. Patek Philippe’s reference 880 is a wonderful example of a complicated pocket watch that is well situated in the 20th century, but manufactured from a long line of important and rare timepieces. Manufactured during the 1980s, it is a rare example of a pocket watch produced at a time when Swiss watch making was under threat from the quartz movement crisis, and a growing consumer base looking not for classic gold dress watches, but rather stainless steel luxury models that moved easily from the sports arena to the boardroom.

    Complicated pocket watches such as this minute repeating perpetual calendar open face watch have a clean aesthetic with a modern flare. Each of the subsidiary dials are combined with a function so that a red 24-hour indication is seen with days of the week, the months of the year feature a red leap year indicator, and the red constant seconds are combined with the date. The look is clean, crisp and undeniably post mid-20th century. The present watch from a private Swiss collection is in lovely original condition, and possibly has remained unpolished over the last 30 years, with a repeat mechanism that has a pleasant tone. Today, wristwatches are king in the international market place, but one is always best to remember the past, and this lovely pocket watch is a gem that is an excellent window into the traditional workmanship of a bygone era.

  • 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. 880
A rare and attractive yellow gold minute repeating perpetual calendar open face pocket watch with moonphase and 24-hour indication

51.5mm. Diameter
Dial, case and movement signed

HK$560,000 - 960,000 

Sold for HK$600,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

Ziyong Ho
+852 9386 2032

Jill Chen
+852 2318 2033

The Hong Kong Watch Auction: SEVEN

Hong Kong Auction 27 November 2018