Accompagnied by Patek Philippe Extract from the Archives confirming production of the present watch in 1953 and its subsequent sale on 29 April 1954.
Manufacture of reference 2459 was launched in 1950. The first series featured a caliber 12'''120 movement, the second series, such as the present watch, caliber 12'''400. It is thought that less than 15 examples of reference 2459 in yellow gold have appeared in public to date.
The model is illustrated in Patek Philippe Wristwatches by Martin Huber & Alan Banbery, second edition, p. 175.
The present watch bears the engraved signature of Josip Broz Tito. He was better known as Marshal Tito and established in 1948 the independence of Yugoslavia from the U.S.S.R.. Tito was also the first President of Yugoslavia from 1953-1980. It appears that he regularly ordered watches at Patek Philippe which were then engraved with his signature and presented as gifts.
For another wristwatch by Patek Philippe bearing the engraved signature of Tito see lot 40 in this auction.