Patek Philippe - The New York Watch Auction: SIX New York Saturday, June 11, 2022 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1948
    Reference No: 1415
    Movement No: 966’777
    Case No: 655’700
    Material: 18K yellow gold
    Calibre: Manual, cal. 12’’’120 HU, 18 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K yellow gold Patek Philippe buckle
    Dimensions: 31mm Diameter
    Signed: Case, dial, movement, and buckle signed.
    Accessories: Accompanied by Patek Philippe Extract from the Archives confirming production of the present watch in 1948 and subsequent sale on September 17th 1951.

  • Catalogue Essay

    In the early years of the twentieth century, telecommunications - pioneered in the 1800s with the telegraph and later the telephone - became truly widespread, permeating the fabric of society on every level. Long distance communications became available (the first coast-to-coast phone call having been made in 1915) and with them the necessity of knowing with accuracy the time in every part of the world. Answering to this need, watchmaker Louis Cottier created the concentric rings system that would become the standard for world time watches. After experimenting on a few prototypes (such as a world time chronograph and a rectangular world time wristwatch), Patek Philippe decided to launch a serially produced model, the reference 1415.

    Reference 1415 was introduced in 1939 and remained in production until the mid-1950s. Though the first few examples bore a 12”’ ligne pocket watch movement with wolf tooth winding, gold wheel train, and camwheel regulation, they were later upgraded to the wristwatch movement caliber 12’’’-120. It is believed that a little over 100 examples of the 1415 were produced, mostly cased in yellow gold.

    The reference 1415 is a glimpse into a bygone era - culturally and geopolitically to begin with. The names and spellings of the cities on the bezel are particular to the post WWII-era, and are rendered in French (some other bezels had English translations). Indeed, Patek Philippe advertising from the period marketed world time watches to “the man whose interests go beyond the horizon”. Preserved in excellent, original condition, it has remained cherished in the “Ride the Wave” collection since acquired at auction in 1991.

  • 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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Σ101

Ref. 1415
A refined and charming yellow gold world-time wristwatch with tear-drop lugs

1948
31mm Diameter
Case, dial, movement, and buckle signed.

Estimate
$40,000 - 80,000 
CHF39,800-79,700
€38,400-76,700
HK$314,000-628,000
S$55,800-112,000

Sold for $289,800

Contact Specialist

Paul Boutros

Head of Watches, Americas

+1 (212) 940-1293

WatchesNY@Phillips.com

 

Isabella Proia

Head of Sale, New York

+1 (212) 940 1285

iproia@phillips.com

The New York Watch Auction: SIX

New York Auction 11-12 June 2022