Patek Philippe - The Hong Kong Watch Auction: XIII Hong Kong Thursday, November 25, 2021 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1981
    Reference No: 3448
    Movement No: 1’119’579
    Case No: 314’582
    Model Name: “Padellone”
    Material: 18k yellow gold
    Calibre: Automatic, cal. 27-460 Q, 37 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K yellow gold Patek Philippe pin buckle
    Dimensions: 37.5mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Delivered with Patek Phillipe Extract from the Archives confirming its date of manufacture of the present timepiece in 1981 and its subsequent date of sale on 6th May 1981.

  • Catalogue Essay

    The groundbreaking Patek Philippe reference 3448 is the premiere of the self-winding perpetual calendar wristwatch by the maison at the time of launch in 1962. Refined in its execution, the triple calendar with moon phases design features modern contour of a circular case design with satisfying angular razor-sharp lugs by Antonie Gerlach—casemaker who specialise for Calatrava cases, and was given the Italian nickname “Padellone” or large frying pan. During its two decades of production until 1985, approximately 586 examples were produced for the “Padellone” with 450 examples cased in yellow gold. The model was made in four series with its distinctive details for each evolution.

    The first series (1962-1965) features small calendar ring, indexes closer to the center of the dial and engraved/enamelled minute divisions.

    The second series (1965-1972) introduces pearled minute divisions.

    The third series (1971-1978) maintains the pearled divisions but introduces the large numerals for the date rings and indexes closer to the outer edge of the dial.

    The fourth series (1981- end of production) exemplified by the present example - features printed minute divisions.

    A combination of rarity, timeless aesthetics and historical importance, the present Patek Philippe ref. 3448 in 18K yellow gold fitted with English calendar exhibits an attractive overall condition boasting an unpolished case and defined lugs. Furthermore the present lot is accompanied with the Patek Phillipe Extract from the Archives confirming its date of manufacture in 1981 which corresponds to the production of the beginning of the fourth series. Highly sought after in the market and praised by the most celebrated collectors, it is a formidable timepiece with an important place in the respected heritage of Patek Philippe.

  • 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. 3448
An extremely fine, rare and well-preserved yellow gold perpetual calendar wristwatch with moon phases

37.5mm diameter
Case, dial, movement and buckle signed

HK$1,150,000 - 1,950,000 

Sold for HK$1,386,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: XIII

Hong Kong Auctions 25-26 November 2021