Patek Philippe - The New York Watch Auction: SEVEN New York Saturday, December 10, 2022 | Phillips

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  • Condition Report

  • Description

    View our Conditions of Sale.

  • Manufacturer: Patek Philippe
    Year: 1948
    Reference No: 530
    Movement No: 867’456
    Case No: 511’389
    Material: 18K yellow gold
    Calibre: Manual, cal. 13’’’, 23 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K yellow gold Patek Philippe buckle
    Dimensions: 36.5mm Diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by original fitted box, and Patek Philippe Extract from the Archives confirming date of production of the present watch in 1948 and its subsequent sale on April 3, 1951.

  • Catalogue Essay

    Patek Philippe’s reference 530 was the largest chronograph ever produced by the brand until the modern era. Launched in 1937, it is amongst the rarest of all vintage chronograph models produced by Patek Philippe. An upgrade from the classic reference 130 chronograph, which was in production from 1936 until 1964, the 530 features an impressive 36.5mm diameter case, compared to the 33.5mm on the reference 130 chronograph, giving it a decidedly modern aesthetic and impressive appearance on the wrist. So important is the reference, Patek Philippe reinterpreted it for modern times with the introduction of the reference 5170.

    Patek Philippe produced the chronograph in two versions based on the width of the lugs; the “Tonneau” with a measurement of 19mm and the “Calatrava” measuring 21.5mm. The reference 530 can be considered the ultimate in terms of rarity, desirability, and aesthetic beauty.The perfect equilibrium between the case diameter and thickness, the powerful lugs and concave bezel speak of highly contemporary elegance. The gorgeous silver dial has turned a pleasing vanilla, the crisp hard enamel signature exudes beauty and grace.

    The present reference 530 chronograph impresses with its original factory finished case, the satin and brushed surfaces provide for an arresting contrast and the gold hallmarks are crisp presenting an outstanding opportunity not to be missed by the avid collector. It was first offered at auction by the family of the original owner, and has remained in a prominent American collection ever since. The “Salvatore Barraja” plaque on the presentation box adds an interesting historical context to an already beautiful and rare watch. Salvatore and his brother Giuseppe came from a long lineage of silversmiths and jewelers operating in Sicily since 1710. Their family were particular specialists in the exquisite coral jewelry Southern Italy is known for, and they established two storefronts in Palermo dealing primarily in jewelry. Their descendents still uphold their legacy and traditions to this day.

  • 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

Σ153

Ref. 530
A very rare, large, and attractive yellow gold chronograph wristwatch with silver dial and tachymeter, retailed by Salvatore Barraja

1948
36.5mm Diameter
Case, dial, movement and buckle signed

Estimate
$120,000 - 240,000 
CHF114,000-228,000
€116,000-231,000
HK$939,000-1,880,000
S$165,000-329,000

Place Advance Bid
Contact Specialist

Paul Boutros

Head of Watches, Americas

+1 (212) 940-1293

[email protected]

 

Isabella Proia

Head of Sale, New York

+1 (212) 940 1285

[email protected]

 

The New York Watch Auction: SEVEN

New York Auction 10 - 11 December 2022