Patek Philippe. A very rare heavy 18K gold rectangular electronic wristwatch with sweep centre seconds, date, hidden lugs and bracelet
On lots marked with an + in the catalogue, VAT wil… Read more The Property of an Important Private Collector
Patek Philippe. A very rare heavy 18K gold rectangular electronic wristwatch with sweep centre seconds, date, hidden lugs and bracelet

Signed Patek Philippe, Genève, Grande Ellipse model, ref. 3603-1, movement no. 8'038, case no. 2'732'502, manufactured in 1973

Details
Patek Philippe. A very rare heavy 18K gold rectangular electronic wristwatch with sweep centre seconds, date, hidden lugs and bracelet
Signed Patek Philippe, Genève, Grande Ellipse model, ref. 3603-1, movement no. 8'038, case no. 2'732'502, manufactured in 1973
Movement: cal. Beta 21 electroquartz movement, 13 jewels, signed
Dial: 18K gold, signed
Case: snap on back, 33.2 mm. wide, 38.4 mm., signed
With: 18K gold Patek Philippe link bracelet and clasp, approximate overall length 180 mm. Extract from the Archives confirming production of the present watch with Beta 21 calibre in 1973 and its subsequent sale on October 14 1974.
Special notice
On lots marked with an + in the catalogue, VAT will be charged at 7.7% on both the premium as well as the hammer price.

Lot Essay

Consigned by an important private collector, this watch has never been offered at auction before and is believed to be one of around only 5 examples of a reference 3603-1 in yellow gold to appear in public to date.

Known as “Grande Ellipse” or “Elletrico”, reference 3603 was in production from 1973 until 1982 and is together with references 3587 and 3597 amongst the largest rectangular wristwatches ever made by Patek Philippe. Available in either yellow or white gold with Ateliers Réunis cases, the dials were made by Stern Frères from a massive 18K gold plate and were available in either blue, gilt, browned or silvered finishes.
Reference 3603-1 such as the present watch is the designation for watches with the “oyster” type solid 18K gold bracelet, the 3603 had a leather strap and the 3603-2 was fitted with a “tubogaz” style bracelet.
The Beta-21 calibre was developed by a consortium of watch companies, including Patek Philippe, at the Swiss Electronic Research centre or CEH (Centre Electronique Horloger) in Neuchâtel. It was the first quartz movement for wristwatches with analogue display.

For a similar watch and description and illustration of the Beta-21 see Patek Philippe Wristwatches by Martin Huber & Alan Banbery, second edition, pp. 85, 87 & 332.
An example of reference 3603-1 in white gold is in the Patek Philippe Museum in Geneva and illustrated in: Patek Philippe Watches Volume II, Patek Philippe Museum, 2014, p. 249.
The story of the development of Patek Philippe’s quartz watches during the 1970s Quartz Crisis is told in: Patek Philippe, An Authorized Biography, Nicholas Foulkes, 2016, p. 293-298.

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