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    Sale 1417

    Rare Watches Including Nautilus 40 Part II

    14 November 2016, Geneva

  • Lot 313

    Patek Philippe. A fine and very rare 18k gold perpetual calendar wristwatch with sweep centre seconds and moon phases

    SIGNED PATEK PHILIPPE, GENEVE, REF. 2438/1, MOVEMENT NO. 888'102, CASE NO. 687'967, MANUFACTURED IN 1954

    Price Realised  

    Estimate

    Patek Philippe. A fine and very rare 18k gold perpetual calendar wristwatch with sweep centre seconds and moon phases
    Signed Patek Philippe, Geneve, Ref. 2438/1, Movement No. 888'102, Case No. 687'967, Manufactured in 1954
    MOVEMENT: manual, cal. 27 SC Q stamped with the Geneva seal, 18 jewels
    DIAL: silvered matte, applied gold baton numerals, sweep centre seconds, two apertures for day of the week and month, subsidiary date combined with phases of the moon
    CASE: 18K gold, screw back, 37 mm. diam.
    SIGNED: case, dial, movement
    BUCKLE: 18K gold Patek Philippe buckle
    ACCOMPANIED BY: Patek Philippe Extract from the Archives confirming production of the present watch in 1954 and its subsequent sale on 4 February, 1958.


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    Purchased by the present owner, an important Asian private collector, at Christie’s New York in 2011, this reference 2438/1 has remained in the same colletion ever since and is now offered for the second time only in public.

    It has always be treated with respect, confirmed by the very attractive overall condition: the case is has not been subject to careless polishing, the fluting to the lugs is sharp and both gold marks are crisp. The dial has been extremely carefully cleaned, however a while ago, and displays a lovely shine. Signature and scales are beautifully raised as the connoisseur would expect, the accent grave - “'” on the E in GENÈVE, particularly sensible to intense cleaning, still clearly visible.

    One of the exceedingly small number of reference 2437/1 examples ever made, the present specimen represents the exciting and rare opportunity to acquire an example of this highly desirable model.

    Ref. 2438/1
    In 1951, Patek Philippe launched reference 2497 and its water-resistant counterpart, reference 2438/1, the firm's only vintage perpetual calendar wristwatch made in series with a screw back. A combined total of only 179 examples of these two models were produced, the majority cased in yellow gold. Reference 2438/1 is generally divided into two different series:

    - the first with applied Arabic numerals and dauphine hands
    - the second series, such as the present watch, with applied baton numerals and dauphine hands

    Reference 2438/1 is illustrated in Patek Philippe Wristwatches by Martin Huber & Alan Banbery, second edition, p. 284, and in Patek Philippe Museum - Patek Philippe Watches, Vol. II, pp. 295 & 296.

    Special Notice

    On lots marked with an + in the catalogue, VAT will be charged at 8% on both the premium as well as the hammer price.
    Many of the watches offered for sale in this catalogue are pictured with straps made of endangered or protected animal materials such as alligator or crocodile. These lots are marked with the symbol ~ in the catalogue. These endangered species straps are shown for display purposes only and are not for sale. Christie’s will remove and retain the strap prior to shipment from the sale site. At some sale sites, Christie’s may, at its discretion, make the displayed endangered species strap available to the buyer of the lot free of charge if collected in person from the sale site within 1 year of the date of the sale. Please check with the department for details on a particular lot.


    Pre-Lot Text

    The Property of an Important Asian Private Collector