A very rare, fine, and oversized white gold cushion-shaped electronic wristwatch with center seconds, date and bracelet

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  • Manufacturer: Patek Philippe
    Year: 1971
    Reference No: 3587/1
    Movement No: 5'834
    Case No: 2'699'624
    Model Name: Beta-21
    Material: 18K white gold
    Calibre: Electroquartz, cal. CEH Beta-21, 13 jewels
    Bracelet/Strap: 18K white gold Patek Philippe integrated mesh bracelet, max overall length 200mm
    Clasp/Buckle: 18K white gold Patek Philippe clasp
    Dimensions: 43mm Width
    Signed: Case, dial, movement and clasp signed.
    Accessories: With Patek Philippe Extract from the Archives confirming production of the present watch with white gold bracelet in 1971 and its subsequent sale on July 30th, 1971.

  • Catalogue Essay

    The quartz crisis of the late 1960s and early 1970s brought profound change to the Swiss watchmaking industry as brands were forced to compete against low cost, battery-powered watches mass produced by Japanese brands. With their greater accuracy driven by a quartz oscillator, they had a serious negative impact on the entire Swiss watchmaking industry. It’s well-known that Swiss brands worked to reinvent their offerings and marketing efforts, with Patek Philippe for example introducing the Nautilus model in 1976 as a stainless steel luxury sports watch to attract new watch enthusiasts seeking high quality timepieces with a more casual, relaxed appeal. However in the formative years of quartz technology, Patek Philippe along with other brands including Rolex, Omega and Piaget, began to research quartz movements when they joined together to form the Centre Electronique Horloger (CEH) in 1962. Seeking to develop alternatives to mechanical movements with greater accuracy, the CEH first released the Beta-1 movement in 1966, with the ground breaking Beta-21 movement following in 1969, which delivered unprecedented accuracy of just five seconds deviation per month. The cooperating brands agreed to produce 6000 Beta-21 movements that would be shared amongst the group.

    Patek Philippe’s reference 3587/1 was introduced in 1969 at Basel as their first quartz wristwatch. It was the largest diameter, serially-produced wristwatch ever made by Patek Philippe at the time, measuring an impressive 43mm in diameter. The watch is the synthesis of 1970s modernity with an oversized cushion-shaped case and screw-down case back that is opulent and glamorous. The present example with integrated bracelet, weighing almost 200g, is in excellent overall condition with a shimmering blue dial and luminous hour markers and hands that have all aged nicely over time. The 3587/1 is a watch that has a unique place in history, introduced at a time of great change in the world, from politics to fashion, setting out to counter threats to the world of haute horlogerie. With scholarship suggesting only 18 examples of the reference having been produced, it’s an exciting watch for the collector of uncommon timepieces.

  • Maker Bio

    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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Ο115

Ref. 3587/1
A very rare, fine, and oversized white gold cushion-shaped electronic wristwatch with center seconds, date and bracelet

1971
43mm Width
Case, dial, movement and clasp signed.

Estimate
$25,000 - 35,000 
CHF24,900-34,900
€21,700-30,400
HK$196,000-275,000

sold for $38,750

Contact Specialist
Paul Boutros
Head of Watches, Americas
+1 212 940 1293
pboutros@phillips.com

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