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Lot 2157
  • 2157

Patek Philippe

Estimate
65,000 - 95,000 HKD
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Description

  • A YELLOW GOLD AUTOMATIC BRACELET WATCH WITH DATE MADE IN 1969 REF 3565/1 MVT 1129376 CASE 2674290 'IOS MILLION DOLLAR ASSOCIATE'
  • diameter 35 mm, inner circumference of bracelet 225 mm
• cal. 27-460M automatic nickel lever movement stamped with the seal of Geneva, 37 jewels, free-sprung Gyromax balance, 18k yellow gold signed rotor • gilt sunbrust dial, Roman numerals, aperture for date at 3 o'clock, IOS logo • 18k yellow gold case, sloped bezel, snap on case back • 18k yellow gold integrated mesh bracelet and clasp • case, dial, movement and bracelet signed

Condition

Movement and chronograph function are in working order while cataloguing. Dial is nice and clean. Moderate signs of use with surface scratches. The case has been repolished. Buckle with visible surface scratches. Overall condition is very good.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping.

Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."

Catalogue Note

With a Patek Philippe Extract from the Archives confirming production in 1969 and sale on December 5th of the same year.

A small number of the reference 3565/1 models were specially ordered from Patek Philippe by the Overseas Services (IOS), a mutal fund by Bernie Cornfeld in the 1960's. The watches were presented to the company's best salesman as member💎s of the 'IOS Million Dollar Association'