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    Sale 1417

    Rare Watches Including Nautilus 40 Part II

    14 November 2016, Geneva

  • Lot 265

    Patek Philippe. A very fine, rare and attractive 18K gold wristwatch with cream-coloured enamel dial


    Price Realised  


    Patek Philippe. A very fine, rare and attractive 18K gold wristwatch with cream-coloured enamel dial
    Signed Patek Philippe, Genève, Calatrava model, ref. 2526, movement no. 760’520, case no. 681’535, manufactured in 1954
    MOVEMENT: automatic, cal. 12’’’600 AT, stamped with the Geneva seal and HOX, 30 jewels
    DIAL: cream-coloured enamel, gilt writing, applied gold baton indexes
    CASE: 18K gold, screw back, PP crown, 36 mm. diam.
    SIGNED: case, dial and movement
    BUCKLE: 18K gold Patek Philippe buckle
    ACCOMPANIED BY: Patek Philippe Extract from the Archives confirming the manufacture of the present watch in 1954 with raised yellow gold indexes and its subsequent sale on 13 July 1954. Further delivered with Patek Philippe Authorized Service Centre tag.

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    Made in 1952, this reference 2526 is a well-preserved and attractive example of the rare first series version of the model. It features the rare calibre 12’’’600 movement and the first series cream-coloured enamel dial. To the best of our knowledge it has never been offered in public before. The HOX stamp on the movement indicates that it was destined for the North American market.

    Recently serviced in the workshops at Patek Philippe it furthermore impresses with its very attractive, original overall condition, still retaining the International Customer Service sticker to the case back.

    Reference 2526
    Introduced into the market in 1952, reference 2526 was Patek Philippe's first self-winding or automatic watch ever made. The model features the legendary calibre 12-600 AT which was granted Swiss patent No. 289758 in 1953 for "a self-winding mechanism for a wristwatch movement using the energy supplied by a rotary mass causing an eccentric part to transmit a swinging movement to an organ of the mechanism". The first 500 examples of reference 2526, such as the present watch, were fitted with the earliest version of calibre 12'''600 without ball bearing, rendering these watches particularly rare and collectable.

    The dials for reference 2526 went through a simplification process over the years. At the very beginning, we find enamel dials with flared holes for the numerals, like the one mounted on the present timepiece. Such construction methodology is enormously complex, requiring 26 holes for the numerals (2 holes for each numeral, 4 holes for the double numeral at 12), plus two holes for the hands and subsidiary seconds. Given the highly complicated construction methodology, soon a new series was launched: the dial is still enamel, but with only two flared holes for the hands and the subsidiary seconds. The indexes are instead secured with glue. Finally, the last evolution presents metal dials.

    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.