• cal. 12-400 manual winding jewelled lever movement, cut bi-metallic balance, metal dust cover • silvered matte dial, applied Arabic numerals and baton indexes, eccentric seconds, outer pearled minute track • 18k yellow gold polished case, large bezel, Calatrava crown, screw-down back • case, dial and movement signed • with an 18k yellow gold Patek Philippe buckle

Please note that the movement has not been checked for timekeeping accuracy and Sotheby's will not be held responsible for any repairs should they be required. The movement is running at the time of cataloguing, please note that Sotheby's does not guarantee the future working of the movement. Dial in good condition, minor signs of ageing. Case with some scuffing and scratches, has been polished, hallmark also polished. Rare watch that is not very often found at auctions.
"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."

Ref. 2541 was launched in 1954 and was in production during a very short period of time only. Less that one hundred watches have been made of this reference in yellow gold and less than five have been back on the market.