• Lot 2806

    PATEK PHILIPPE, PINK GOLD REF. 2499 3RD SERIES

    EXCEPTIONALLY RARE, POSSIBLY UNIQUE, 18K PINK GOLD MANUAL-WINDING PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON-PHASE DISPLAY AND THE ONLY KNOWN DIAL WITH TWO-FACET BATON HOUR MARKERS

    MOVEMENT NO. 869'436, CASE NO. 2'637'707, MANUFACTURED IN 1971

    Price Realised  

    Estimate

    PATEK PHILIPPE, PINK GOLD REF. 2499 3RD SERIES

    EXCEPTIONALLY RARE, POSSIBLY UNIQUE, 18K PINK GOLD MANUAL-WINDING PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON-PHASE DISPLAY AND THE ONLY KNOWN DIAL WITH TWO-FACET BATON HOUR MARKERS
    MOVEMENT NO. 869'436, CASE NO. 2'637'707, MANUFACTURED IN 1971

    Calibre 13''' (VZHC), Valjoux base, Cotes de Geneve decorated, Geneva Seal hallmarked, 23 jewels, monometallic balance with gold poising screws, Breguet hairspring, in-line escapement, swan neck regulator, the opaline-white dial with pink gold applied faceted baton and pyramidal hour markers, outer one-fifth minute divisions, pink gold dauphine hands, chronograph and register hands in blued steel, two recessed subdials for small seconds and 30-minute counter, analogue date with integrated moon-phases, day and month in apertures, in three-part case, concave bezel, fluted downturned lugs, polished and brushed, domed crystal, push-pieces in the band, round chronograph push-buttons, crown engraved with the "Calatrava" cross in low relief, snap on back, 18k pink gold PPCo ardillon buckle, case, dial and movement signed
    Diameter: 37.7 mm.


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    US$800,000-1,200,000
    EUR521,000-786,000

    Accompanied by the original Patek Philippe presentation box and an Extract from the Archives confirming production of the present watch in 1971 and its subsequent sale on June 14th, 1972.

    The present watch is an extremely well preserved specimen and undisputedly one of the best reference 2499 examples ever to appear in public. Furthermore, it is only the fourth known third series in pink gold. Pampered throughout its life, as it rightly deserves, the watch has never been buffed or polished, evident from the fullness, superb definition and proportion of the case, with crisp hallmark, the lugs are also extremely sharp. Of equal importance, the dial is absolutely flawless with no service marks, the hard enamel signature and divisions are as pronounced as any purist would expect, in all suggesting the dial has never been restored or cosmetically enhanced.

    Upon further inspection one would discover a very subtle, probably unique feature on the dial - the gold applied hour markers differs from any other markers on a Patek Philippe reference 2499 - the pyramidal indices at 3, 5, 7 and 9 o'clock are comparatively larger in size but foremost, all the baton markers are of two facets, rather than the regular four-facet, which is extremely unusual and intriguing. To the best of our knowledge, this is an unknown configuration until its inaugural visit to our auction arena.

    Heir to the legendary Patek Philippe reference 1518, the world's first perpetual calendar wristwatch with chronograph function, the reference 2499 is acknowledged to be one of the most coveted and expensive wristwatches of all time. It is also crowned as one of the world's greatest models ever created and commands immediate possession by watch aficionados. It is undisputedly an icon of horological artistry. The reference 2499 perfectly embodies Patek Philippe's technological and artistic know-how, and has greatly inspired and influenced the configurations of many important wristwatches, needless to mention its successors the reference 3970 and 5970.

    Produced in four series between 1950 and 1985, a mere 349 pieces were made in all, with no more than 45 examples in pink gold, of which less than 10 pieces belong to the third series.

    In essence, each series has the following characteristics:

    - 1st series: square chronograph pushers, applied Arabic numerals and tachymetric scale, "feuille" hands

    - 2nd series: round chronograph pushers, applied baton hour markers or applied Arabic numerals and tachymetric scale, "feuille" hands

    - 3rd series, such as the present watch: round chronograph pushers, applied baton hour markers and outer minute divisions, "dauphine" or "feuille" hands

    - 4th series: round chronograph pushers, applied baton hour makers, outer minute divisions, sapphire crystal

    For further illustration of this model please refer to Patek Philippe Wristwatches by Martin Huber & Alan Banbery, second edition, pp. 302 & 304.