Patek Philippe - The Hong Kong Watch Auction: XVII Hong Kong Friday, November 24, 2023 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1950
    Reference No: 130
    Movement No: 867’923
    Case No: 661’223
    Material: 18K yellow gold
    Calibre: Manual, cal. 13’’’, 23 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K yellow gold Patek Philippe pin buckle
    Dimensions: 33mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Delivered with Patek Philippe Extract from the Archives confirming the present timepiece’s date of manufacture in 1950 and its subsequent date of sale on 21st February 1951.

  • Catalogue Essay

    Launched in 1934, the reference 130 is powered by the modified Valjoux movement cal. 13, and easily recognizable due to its slightly curved, elongated lugs and thin, concave bezel. The model was extremely successful and remained in production until at least 1964. Even though it was manufactured for close to 30 years, output was quite limited, resulting in a total of about 1,500 pieces produced. It was offered in yellow gold, pink gold, and stainless steel (though other metals or combinations of metals have been used for special request pieces).

    The present example in yellow gold features a well-preserved case that retains its pleasing hallmark on its gold caseband. Manufactured by Emile Vichet signified by the number 9 inside a key stamped to the inner case back, the satin brushed finishing is in excellent condition. Charmingly aged into an almost ‘champagne’ hue dial, the raised hard enamel that covers the signature and the scales are vivid and strong. Underscoring its rarity and allure, the signature of Trust Joyero elevates this timepiece as a double-signed specimen from 1950. It was one of only a very select few firms privileged enough to be allowed to put their name on a Patek Philippe dial. The Spanish retailer was originally based in Madrid and later emigrated to Argentina, Buenos Aires after 1936.

  • 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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Property from an Important Asian Collector

Σ986

Ref. 130
An attractive and well-preserved yellow gold double-signed chronograph wristwatch with tachymeter scale, retailed by Trust Joyero

1950
33mm diameter
Case, dial, movement and buckle signed

Estimate
HK$250,000 - 450,000 
€30,300-54,500
$32,100-57,700

Sold for HK$406,400

Contact Specialist

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

The Hong Kong Watch Auction: XVII

Hong Kong Auction 24-25 November 2023