Live Auction 1316Important Pocketwatches and Wristwatches
Patek Philippe. A fine and rare 18K gold rectangular wristwatch
Lot 231

Patek Philippe. A fine and rare 18K gold rectangular wristwatch

SIGNED PATEK PHILIPPE, GENÈVE, RETAILED BY SERPICO & LAINO, CARACAS, MOVEMENT NO. 976'939, CASE NO. 691'560, REF. 2553, MANUFACTUED IN 1956

Price Realised

CHF 8,962

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Patek Philippe. A fine and rare 18K gold rectangular wristwatch
Signed Patek Philippe, Genève, retailed by Serpico & Laino, Caracas, movement no. 976'939, case no. 691'560, ref. 2553, manufactued in 1956
Cal. 9'''90, with rectangular-shaped nickel-finished lever movement stamped twice with the Geneva seal, 18 jewels, Gyromax balance, the pink matt dial with applied baton numerals, subsidiary seconds, the rectangular case with enlarged ends and massive downturned faceted lugs, curved snap on back, case, dial and movement signed by maker, case stamped by retailer
24 mm. wide & 39 mm. overall length

Specialist note

Accompanied by Patek Philippe Extract from the Archives confirming production of this watch in 1956 and its subsequent sale on 15 November 1957.

Reference 2553 was launched in 1954. To the best of our knowledge this is the first time that the present watch is offered at auction. It is thought that less than 10 examples of this reference in yellow gold have appeared in public.

A similar model is illustrated in Die schönsten Armbanduhren vergangener Jahrzehnte by Giampiero Negretti/Franco Nencini, p. 217.