Patek Philippe - The Hong Kong Watch Auction: XIX Hong Kong Saturday, November 23, 2024 | Phillips
  • Manufacturer: Patek Philippe
    Year: 1959
    Reference No: 1463
    Movement No: 868’950
    Case No: 698’854
    Model Name: Tasti Tondi
    Material: 18K pink gold
    Calibre: Manual, cal. 13’’, 23 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K pink gold Patek Philippe pin buckle
    Dimensions: 35mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Delivered with two Patek Philippe Extract from the Archives confirming the date of manufacture of the present timepiece in 1959 and its subsequent date of sale on 13th November 1959.
    Provenance: Phillips: Racing Pulse, New York, 12th December 2020, lot 97.

  • Provenance

    Phillips: Racing Pulse, New York, 12th December 2020, lot 97.

  • Catalogue Essay

    Patek Philippe’s legendary reference 1463 is one of the most sought-after and collectible vintage chronograph wristwatches, renowned for its strong case proportions and prominent chronograph pushers. Nicknamed the “Tasti Tondi”, it was first released in 1940 and the brand’s first water-resistant chronograph, featuring a screw-down caseback and the now-iconic round chronograph pushers.

    While the concept of a “sports watch” is widely recognized today, it was a novel idea 80 years ago. Elegant timepieces were typically worn by businessmen and elites of industry, showcasing their social status. However, beginning in the late 1930s, there was a growing societal appreciation for sports and outdoor adventures, prompting watch manufacturers to create more durable timepieces capable of withstanding the activities. The reference 1463 was designed for this active clientele, serving as a sportier alternative to the less robust reference 130 chronograph.

    As one of Patek Philippe's first ventures into water-resistant cases, the brand commissioned the esteemed Geneva case maker Taubert, identifiable by the Geneva Key number 11 stamped on the inner caseback. Taubert had acquired Frères Borgel in 1924, and an additional “FB” hallmark was also stamped on their products.

    The case of the present example is in exceptional condition, displaying crisp hallmarks on the central case band and behind the lug. It features the correct stepped bezel and downturned curved lugs, characteristic of later generations, while the dial is exceptionally well preserved, with all raised enamel elements remaining perfectly legible.

    According to scholars, approximately 720 pieces of the reference 1463 were produced between 1940 and 1965 across three metals: yellow gold, stainless steel, and a very limited number in pink gold. In fact, only about 61 examples in pink gold are known in the market, underscoring the rarity of this stunning piece.

    Originally featured in the Racing Pulse auction in New York, this watch was consigned by the descendants of the original owner, Dr. Theodore Isaac Rubin, a renowned American psychiatrist, in 2020. The watch has been well-kept since then, and we are extremely honored to present this timepiece at auction once again.

  • 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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Σ1012

Ref. 1463
An extremely attractive, rare and well-preserved pink gold chronograph wristwatch with tachymeter scale

1959
35mm diameter
Case, dial, movement and buckle signed

Estimate
HK$1,600,000 - 3,200,000 
€187,000-375,000
$205,000-410,000

Sold for HK$1,651,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2030
WatchesHK@phillips.com
 

Gertrude Wong
Head of Sale, Hong Kong
+852 2318 2045
gertrudewong@phillips.com
 

The Hong Kong Watch Auction: XIX

Hong Kong Auction 23 - 24 November 2024