Patek Philippe. A very fine and rare 18K gold perpetual calendar wristwatch with sweep centre seconds, moon phases, screw back and box
Prospective purchasers are advised that several co… Read more
Patek Philippe. A very fine and rare 18K gold perpetual calendar wristwatch with sweep centre seconds, moon phases, screw back and box

SIGNED PATEK PHILIPPE, GENEVE, REF. 2438/1, MOVEMENT NO. 888'105, CASE NO. 687'970, MANUFACTURED IN 1954

Details
Patek Philippe. A very fine and rare 18K gold perpetual calendar wristwatch with sweep centre seconds, moon phases, screw back and box
Signed Patek Philippe, Geneve, ref. 2438/1, movement no. 888'105, case no. 687'970, manufactured in 1954
Cal. 27 SC Q mechanical movement stamped twice with the Geneva seal, 18 jewels, micrometer regulator, silvered matte dial, applied gold baton numerals, gold dauphine hands, sweep centre seconds, outer Arabic five minute divisions, two windows for day and month, subsidiary dial for date and moon phases, large circular water-resistant-type case, downturned fluted lugs, screw back with engraved inscription Antenor Patiño Jr. Love Mother 1958, 18K gold Patek Philippe buckle, case, dial and movement signed
37 mm. diam.
Provenance
1958 - 1973: Antenor Patiño Jr.
1973 - 1974: Francesca Turner
1974 - 2010: a close school friend of Antenor Patiño Jr.
2010 - Christie's Geneva - 10 May 2010 - lot 248 since: current owner

Antenor Patiño Jr.
The present watch was offered to Antenor Patiño Jr. by his mother in 1958.

Antenor Patiño Jr. (14 April 1948 - 26 December 1973) was the son of the Bolivian tin magnate Antenor Patiño (1896 - 1982), himself heir to his father Simon I. Patiño, a Bolivian industrialist called "the King of Tin", who was amongst the world's wealthiest men at the time of his death. With a fortune built from ownership of a majority of the tin industry in Bolivia, Patio was also nicknamed "The Andean Rockefeller".
His mother, Francesca Turner (1917-1999), born in Texas, was a renowned top model and actress who appeared for example, on Broadway at the Grand Opera House in "Hold On To Your Hats," the Al Jolson musical comedy or in George Jessel's show "High Kickers" in Hollywood. She was a member of the Actors Guild, the Writers Guild of America and was also a staff writer in the Special Projects unit at Universal Studios. Because of her stunning beauty and successful modeling career, Francesca became a social celebrity and newspapers often reported her activities.

Antenor Patiño Jr. was a brilliant young man of bright spirit, full of charm, personality and sensibility. His studies brought him to France, Switzerland, Great Britain and finally California where he studied law at the University of Hastings. His interests were multiple: international law, politics, history, sports (mainly tennis and swimming), languages (he spoke four languages) and writing (he was a script writer at the Universal studios in Hollywood). He died prematurely in a tragic automobile accident in December 1973 at the age of 25.

One year later his mother founded the Tony Patiño Fellowship in memory of her son. Antenor's often expressed wish and intention was to help his fellow students cope with the challenge of the law school experience. The purpose of this Fellowship is to provide merit awards to qualifying students at Hastings, Chicago and Columbia Law Schools. The Fellowship seeks to identify law students who will become leaders, people of character and capability who will use their law degrees to serve others and provide them with support, guidance and encouragement.
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.

Brought to you by

Sabine Kegel
Sabine Kegel

Check the condition report or get in touch for additional information about this

If you wish to view the condition report of this lot, please sign in to your account.

Sign in
View condition report

Lot Essay

With Patek Philippe Exract from the Archives confirming production of the present watch in 1954 and its subsequent sale on 23 June 1958. The watch is further delivered with a copy of a Patek Philippe servicing invoice dated 14 January 2010 and a Patek Philippe contemporary fitted red presentation box.

The current watch is a very beautiful example of Patek Philippe's much sought after reference 2438/1. It is a rare opportunity for the astute enthusiast to obtain this exquisite reference from a private collector. The previous first two owners since the watch was originally sold in 1958 have always and exclusively chosen Patek Philippe's workshops in Geneva to overhaul this masterpiece. The watch was, in fact, last overhauled in 2010 for over CHF 5,000.

While an established provenance is always an asset for a collectible timepiece, this watch must be considered one of the best pieces of this reference to still exist due to its overall very good condition. Not only has the case been hardly ever touched, but the details on the watch are superlative. The trained eye will recognize the various distinctive features, such as the graceful fluting to the lugs, the lovely shine of the dial together with the entrancing moon phases and the still wonderfully raised hard enamel signature and outer seconds scale.

Only a very small number of this reference have been made and the sale offers an exciting and rare opportunity to acquire this highly desirable watch at auction.

Ref. 2438/1
In 1951, Patek Philippe launched reference 2497 (see lot 297 in this auction) and its water-resistant counterpart, reference 2438/1, the firm's only vintage perpetual calendar wristwatch made in series with a screw back. A combined total of only 179 examples of these two models were produced, the majority cased in yellow gold. Reference 2438/1 is generally divided into two different series:

- the first with applied Arabic numerals and dauphine hands
- the second series, such as the present watch, with applied baton numerals and dauphine hands

Reference 2438/1 is illustrated in Patek Philippe Wristwatches by Martin Huber & Alan Banbery, second edition, p. 284.

More from Important Watches

View All
View All