• cal. 27-460M automatic lever movement, 37 jewels, twice stamped with the seal of Geneva, adjusted to 5 positions, Gyromax balance • gilt sunburst dial, painted Roman numerals, aperture for date at 3 • 18k yellow gold brushed case, sloped bezel, snap-on back • case, dial and movement signed • with an 18k yellow gold integrated Patek Philippe mesh bracelet

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. Case back stamped with a 2 in a key, meaning it was done by Francis Baumgartner, Geneva. Clasp with makers mark from Ponti Gennari, who had his manufacture in the same rooms as the Patek Philippe museum is in now. Dial in very good condition. Case and bracelet with some scuffing, consistent with wear, hallmark on back of case slightly rubbed but visible, no marks on outside of case back.
"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. 3565 was produced for only two years from 1969 to 1971. A small series of this model was made by special order for IOS, the Investors Overseas Services mutual fund founded by Bernie Cornfeld and presented to their best clients, the members of the "IOS Million Dollar Association". Mr Cornfeld was a very dazzling personality who moved his financial business to Geneva in the late 1950s. The empire crashed in 1973 leaving a huge financial disaster.

The present watch is one of the "virgin" watches with no IOS marks on the dial or the case back.

The special belt-like bracelet with buckle were made especially for this reference.