PATEK PHILIPPE FOR GONDOLO & LABOURIAU, CHRONOMETRO GONDOLO, A VERY FINE AND RARE 18K YELLOW GOLD OFFICER’S STYLE WRISTWATCH WITH “ARCHED” SIGNATURE
PATEK PHILIPPE FOR GONDOLO & LABOURIAU, CHRONOMETRO GONDOLO, A VERY FINE AND RARE 18K YELLOW GOLD OFFICER’S STYLE WRISTWATCH WITH “ARCHED” SIGNATURE
PATEK PHILIPPE FOR GONDOLO & LABOURIAU, CHRONOMETRO GONDOLO, A VERY FINE AND RARE 18K YELLOW GOLD OFFICER’S STYLE WRISTWATCH WITH “ARCHED” SIGNATURE
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PATEK PHILIPPE FOR GONDOLO & LABOURIAU, CHRONOMETRO GONDOLO, A VERY FINE AND RARE 18K YELLOW GOLD OFFICER’S STYLE WRISTWATCH WITH “ARCHED” SIGNATURE
4 More
PATEK PHILIPPE FOR GONDOLO & LABOURIAU, CHRONOMETRO GONDOLO, A VERY FINE AND RARE 18K YELLOW GOLD OFFICER’S STYLE WRISTWATCH WITH “ARCHED” SIGNATURE

Details
PATEK PHILIPPE FOR GONDOLO & LABOURIAU, CHRONOMETRO GONDOLO, A VERY FINE AND RARE 18K YELLOW GOLD OFFICER’S STYLE WRISTWATCH WITH “ARCHED” SIGNATURE
CIRCA: 1911
CASE MATERIAL: 18k Yellow Gold
CASE DIAMETER: 32mm
MOVEMENT NO’: 167547
CASE NO’: 272042
DIAL: White
MOVEMENT: Manual
BOX: No
PAPERS: No

Brought to you by

Rebecca Ross
Rebecca Ross VP, Head of Sale, Watches

Lot Essay

The present lot, an incredibly rare Patek Philippe Chronometro Gondolo, is one of only a few known Officer’s style wristwatches created for the famous Brazilian retailer Gondolo & Labouriau.

Throughout the late 1870s to the early 1930s, Gondolo & Labouriau and Patek Philippe formed a powerful and successful relationship, much in part to a unique sales strategy. The retailer created a lottery system in which participants would pay ten Francs a week with 79 total payments to purchase a Patek Philippe timepiece. However, one lucky winner would be chosen every week and would immediately be awarded their watch, relieving them of any further payments.

These winners formed a continuously growing brotherhood, dubbed the “Gondolo Gang,” and held weekly lavish picnics for the new recipients. The lottery system was so successful that during its time, one third of Patek Philippe timepieces were designated for Gondolo & Labouriau, permanently creating a mark in history for both brands.

To the best of our knowledge, this watch has never been publicly offered at auction before.

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