Patek Philippe - The New York Watch Auction: NINE New York Saturday, December 9, 2023 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1984
    Reference No: 3450
    Movement No: 1’119’716
    Case No: 2’805’725
    Model Name: “Padellone”
    Material: 18K yellow gold
    Calibre: Automatic, cal. 27-460 QB, 37 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: 18k Patek Philippe pin buckle
    Dimensions: 37.5mm Diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by a Patek Philippe Extract from the Archives confirming production of the present watch in 1984 and its subsequent sale on November 21, 1984.

  • Catalogue Essay

    Patek Philippe’s legendary line of perpetual calendar wristwatches is known for their symmetry, harmony, and timeless elegance. The brand introduced their first self-winding perpetual calendar wristwatch, the reference 3448, in 1962. Launched in 1981, reference 3450 was the successor to reference 3448 – Patek Philippe’s very first perpetual calendar wristwatch to indicate leap years. While aesthetically similar to reference 3448, it most notably indicates the leap year via an aperture at 3:30 on the dial.

    Technically, the model represents one of the pinnacles of watchmaking. It is powered by the caliber 27-460Q, the perpetual (Q: Quantiême) upgrade of calibre 27-460 which is considered one of the finest automatic movements of all time.

    The present watch, manufactured in 1984, is among the very last examples of reference 3450s ever made before the introduction of reference 3940. While the first generation examples were fitted with a "red dot" to indicate the leap year, second generation examples displayed Roman numerals I, II, III and IV, like the present model.

    Preserved in excellent condition, its hallmarks are crisp and well preserved. The case has beautifully oxidized overtime, developing a beautiful, pinkish hue. The dial is stunning, flawless and free from any defects. Patek Philippe produced very limited quantities of the reference 3450, and the present example is a rare opportunity for discerning collectors of complicated 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. 3450
A very rare and highly attractive yellow gold perpetual calendar wristwatch with leap year indication and moon phase

1984
37.5mm Diameter
Case, dial, movement and buckle signed

Estimate
$150,000 - 300,000 
CHF135,000-270,000
€140,000-281,000
HK$1,170,000-2,340,000
S$204,000-408,000

Sold for $266,700

Contact Specialist

Paul Boutros
Deputy Chairman and 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: NINE

New York Auction 9 - 10 December 2023