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    Sale 2161

    Important Watches

    10 June 2009, New York, Rockefeller Plaza

  • Lot 138

    PATEK PHILIPPE. AN 18K GOLD CURVED RECTANGULAR WRISTWATCH WITH BREGUET NUMERALS

    SIGNED PATEK PHILIPPE, RETAILED BY TIFFANY & CO., MOVEMENT NO. 821286, CASE NO. 415993, MANUFACTURED IN 1929

    Price Realised  

    PATEK PHILIPPE. AN 18K GOLD CURVED RECTANGULAR WRISTWATCH WITH BREGUET NUMERALS
    SIGNED PATEK PHILIPPE, RETAILED BY TIFFANY & CO., MOVEMENT NO. 821286, CASE NO. 415993, MANUFACTURED IN 1929
    Cal. 10 nickel-finished lever movement, 18 jewels, bi-metallic compensation balance, wolf's tooth winding, silvered matte dial, Breguet numerals, subsidiary seconds, large curved rectangular case, inscribed snap on back, associated 14k yellow gold link bracelet and deployant buckle, case and movement signed by maker, dial signed by retailer
    45mm length


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    With Patek Philippe Extract from the Archives confirming production of the present watch in 1929 and its subsequent sale on December 22nd, 1930. The extract confirms the watch left with factory with Breguet numerals.

    To the best of our knowledge the present watch has never before been offered at auction.

    Bernard Gimbel (1885-1966) was an American retailing magnate who served as the president of the famed nation wide Gimbel Brothers Inc. from 1927 until 1953. Bernard's grandfather, Adam Gimbel, immigrated to the United States from Germany and founded the family retailing business in the mid-west. A 1907 graduate of the Wharton School, Bernard began work in his father's Philadelphia department store and later managed Gimbel's flagship department store in New York City. In 1923, Gimbel oversaw the purchase of Saks and Company whose store was located at 34th Street. After moving the Saks store to its current location on Fifth Avenue, Gimbel Brothers Inc. turned both Gimbels and Saks into successful national chains. Bernard was known to be both a competitive and cunning businessman as well as a fun-loving member of high society.

    Special Notice

    Prospective purchasers are advised that several countries prohibit the importation of property containing materials from endangered species, including but not limited to coral, ivory and tortoiseshell. Accordingly, prospective purchasers should familiarize themselves with relevant customs regulations prior to bidding if they intend to import this lot into another country.