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

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  • Manufacturer: Patek Philippe
    Year: 1948
    Reference No: 1463
    Movement No: 867’411
    Case No: 653’488
    Model Name: “Tasti Tondi”
    Material: 18K pink gold
    Calibre: Manual, cal. 13’’’, 23 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K pink gold Patek Philippe pin buckle
    Dimensions: 35mm Diameter
    Signed: Case, dial, movement, and buckle signed
    Accessories: Accompanied by Patek Philippe Extract from the Archives confirming production of the present watch with tachymeter scale in 1948, and its subsequent sale on July 8, 1949. Further accompanied by Patek Philippe presentation box.

  • Catalogue Essay

    Patek Philippe is known for some of the most iconic timepieces of all time, from the famed 96, the first referenced wristwatch released in 1932, to its historic mid-20th century references 1518 and 2499 perpetual calendar chronograph watches with moon phases, and even then the legendary reference 1463, the classic chronograph wristwatch with waterproof case and round pushers. Launched in 1940 and remaining in production until 1965, the 1463 was mainly offered in yellow gold, with fewer examples in stainless steel, and even fewer in pink gold.

    The rarity and importance of the present watch is elevated by its extremely desirable pink on pink, or “PoP”, configuration with pink gold case and pink dial. Taking it a step further, it features a superb two-tone finish, and with a “Serpico Y Laino” signature at six o’clock, it is one of only four known Serpico-retailed ref. 1463 examples in pink gold with two-tone “PoP” dial.

    In fact, long-time collectors might remember this piece from the last time it appeared at auction more than 20 years ago, in 2002. It is an honor for Phillips to offer the present timepiece at auction once again, two decades later.

    The concept of a “sports watch” is well-known today, but 80 years ago, it was a novel idea with elegant and gentlemanly timepieces worn by businessmen and captains of industry displaying their social status. There was a growing appreciation in late 1930s’ polite society for sports and outdoor adventures, and watch manufacturers sought to fulfill a demand for more durable timepieces that could withstand rigorous use. The reference 1463 was designed for such active clientele as the sportier alternative to the less robust reference 130 chronograph. The legendary model is one of the most sought after and collectible vintage chronograph wristwatches due to its modern case proportions and prominent chronograph pushers. The model has grown in desirability as a vintage horological icon that was ahead of its time.

    Serpico y Laino was a renowned jeweler and watch retailer located in Caracas, Venezuela. Founded by goldsmith Vincente Laino and Leopoldo Serpico, owner of “Joyeria Serpico,” the store was located at Mercaderes 21 Stock Exchange from 1925 until 1966, where it sold luxury watches from Swiss makers like Patek Philippe. The presence of their signature on the dial of a watch demonstrates the close relationship between the brand and retailer. The present reference 1463 is preserved in stunning overall condition. It’s one of the rarest and most important examples of the reference and is sure to delight discerning collectors of vintage chronograph wristwatches.

  • 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.

    View More Works

Σ55

Ref. 1463
A very rare and highly attractive pink gold chronograph wristwatch with two-tone pink dial and tachymeter scale, retailed by Serpico y Laino

1948
35mm Diameter
Case, dial, movement, and buckle signed

Estimate
$200,000 - 400,000 
CHF180,000-360,000
€187,000-374,000
HK$1,560,000-3,120,000
S$272,000-543,000

Sold for $565,150

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