Patek Philippe - The 2021 New York Watch Auction New York Saturday, December 11, 2021 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1970
    Reference No: 3466
    Movement No: 1’116’692
    Case No: 2’664’370; retailer inventory number 138’319
    Model Name: Calatrava
    Material: Stainless steel
    Calibre: Automatic, cal. 27-460, 37 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Stainless steel Patek Philippe buckle
    Dimensions: 35mm Diameter
    Signed: Case, dial, movement, strap, and buckle signed.
    Accessories: Accompanied by original Certificate of Origin and Guarantee from Patek Philippe and original envelope with corresponding movement number printed on it. Additionally accompanied by Patek Philippe Extract from the Archives confirming manufacture of this watch in 1970 and its sale on February 20th, 1970.

  • Catalogue Essay

    First introduced to the market in 1962, reference 3466 remained in production for approximately ten years before it was discontinued in the early 1970s. Housed in a water-resistant, stainless steel case, the model was a sporty and technical alternative to its time-only siblings dressed in precious metals. Compared to gold in Patek Philippe's mid-century production, stainless steel was a much rarer offering.

    Dubbed by many as “la grande dame des automatiques Suisse,” the automatic caliber 27-460 is the successor to the first automatic movement produced by Patek Philippe, the caliber 12-600 AT, which powered Patek Philippe’s mostly precious metal, time-only watches from 1953 until 1960. When the caliber 27-460 replaced the 12-600 AT, it was upgraded with a sturdier ball bearing mount for the winding rotor, among other adjustments. It then remained in production until 1985, when it was replaced by the caliber 240 with micro-rotor. Most striking is the full 18k yellow gold rotor, beautifully and lavishly finished and quite large. To use such a costly mechanism inside a steel watch was rare for Patek Philippe, and adds to the importance of this 3466.

    This present reference 3466 features a charismatic soleil dial with properly raised and engraved enamel graphics. The faceted baton markers gleam as light hits them, as do the tiny silver pearls representing the minute markers. The watch is accompanied with its original Certificate of Origin and matching envelope. Most interestingly, one of the lugs bears a retailer inventory number engraving and a close comparison leads us to believe that it is by Joyeria Ricciardi, the famed Argentinian retailer. The numbering scheme is consistent with other Ricciardi-retailed examples, and the number is repeated on the outer envelope of the original certificate, with “ERMETICO ACERO” – waterproof steel in Spanish – written on it in pencil.

    With its timeless style, relatively large 35 mm case diameter, original certificate of origin, and its superb state of preservation, the present lot is a rare opportunity for connoisseurs of vintage steel Patek Philippe watches.

  • 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. 3466
A sporty and appealing stainless steel wristwatch with original Certificate of Origin

35mm Diameter
Case, dial, movement, strap, and buckle signed.

$12,000 - 24,000 

Sold for $27,720

Contact Specialist

Paul Boutros

Head of Watches, Americas

+1 (212) 940-1293


The 2021 New York Watch Auction

New York Auction 11 - 12 December 2021