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

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  • Manufacturer: Patek Philippe
    Year: 1974
    Reference No: 3588/2
    Movement No: 1'284'732
    Case No: 2'730'098
    Material: 18K white gold
    Calibre: Automatic, cal. 28-255, 36 jewels
    Bracelet/Strap: 18K white gold Patek Philippe bracelet, max length 170mm
    Clasp/Buckle: 18K white gold Patek Philippe folding clasp
    Dimensions: 35.5mm Diameter
    Accessories: Accompanied by Patek Philippe Extract from the Archives confirming production of the present watch with silvered dial, bracelet pattern, black Breguet numerals and bracelet in white gold in 1974 and its subsequent sale on August 4, 1974.

  • Catalogue Essay

    This impressively well-preserved reference 3588/2 notably features a heavy bracelet with a chevron pattern. The dial is particularly interesting as it also displays a textured design with black Breguet numerals. It is important to note that every one of these features are confirmed by the Patek Philippe Extract from the Archives.

    The timepiece is preserved in excellent condition with crisp finishes throughout and a deep, legible hallmark on the case back. The texture on the bezel is crisp as are all the facets and edges. Most bracelets from this period are warped due to the wear, however this particular bracelet is preserved in impressive condition and barely shows any signs of wear. It is rigid and remains tight.

    To date, no more than four examples of reference 3588/2 have appeared on the market in this configuration, making this example exceptionally rare. Previously offered at the Geneva Watch Auction: X in 2019, the present lot comes directly from the purchaser of that lot, who has kept this example unworn since that time.

  • 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. 3588/2
An extremely rare, intricate, and well-preserved white gold wristwatch with bracelet, Breguet numerals, and textured dial

1974
35.5mm Diameter

Estimate
$8,000 - 12,000 
CHF8,000-11,900
€7,700-11,500
HK$62,800-94,200
S$11,200-16,700

Sold for $30,240

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