Lot 112
- 112
Patek Philippe
Estimate
8,000 - 12,000 USD
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Description
- Patek Philippe
- A FINE YELLOW GOLD AUTOMATIC WRISTWATCHREF 2551 MVT 764188 CASE 698316 MADE IN 1957
- yellow gold, alligator
- diameter 36 mm
• cal. 12-600 AT automatic nickel lever movement, stamped with the seal of Geneva, 30 jewels, mono metallic balance, 18k gold rotor • silvered dial, 18k yellow gold applied Arabic numerals and faceted dart indexes, yellow gold Dauphine hands, subsidiary seconds, outer dot minute divisions • 18k yellow gold case, stepped bezel and lugs, PP crown, screw down case back • case, dial, and movement signed • with 18k yellow gold Patek Philippe buckle
Condition
CASE:
Case in very good condition with light wear and oxidation. Upper left and lower right lug with well defined hallmarks to the band. Stepped lugs and bezel are well defined. Some very light surface wear and nicks throughout. Somewhat heavier scuffing to the left side case band, as normal with use. Some light oxidation surrounding the PP crown. Screw down case back with surface wear and light oxidation. Buckle with heavier oxidation, light surface scuffing and scratches.
DIAL:
Dial in overall excellent condition with some extremely light surface markings between 8 and 10 under a loupe.
MOVEMENT:
Movement in very good condition.
The movement is running at time of cataloging, however it was not tested for the accuracy of time or duration of the power reserve and may need service at the buyer's discretion. Please note that Sotheby's does not guarantee the future working of the movement.
***Please be advised that the bands on this watch are made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) and thus not sold with the watch, they are for display purposes only. We will remove these bands prior to international shipping.***
Please note that the presentation case is small with inner and outer wear and scratches.
Please note that the Henri Stern Agency Service receipt confirms that Patek Philippe provided the following services invoiced on January 7, 2013: cleaning, overhaul, new crown, re-oil, and regulate. The client declined the option to polish the watch.
"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."
"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."
Catalogue Note
Accompanied by a Patek Philippe Extract from the Archives confirming the date of sale on December 26th, 1957. Accompanied by service quotations from Henri Stern Agency dated July 31, 2012, and a service receipt dated January 7, 2013. Together with a presentation case.
Ref. 2551 was produced from 1954 until 1960. It was replaced by Ref. 3433, which featured the cal. 27-460AT movement.
This model features the 12-600AT movement, an engineering marvel which made its debut at the 1953 Basel Fair. As the first automatic movement made by the firm, its debut was delayed until the Hans Wilsdorf's 1933 patent for a full-rotation self-winding movement expired. At the time of its release, it was one of the most highly-jeweled calibers for a time-only watch produced by Patek Philippe, or indeed any firm. Ref. 2526 was the first model to be fitted with the 12-600AT movement, and Ref. 2551 was the second to do so.
The present lot is in exceptional condition, with well defined stepped lugs and bezel, a beautifully preserved dial, and PP crown.
Ref. 2551 was produced from 1954 until 1960. It was replaced by Ref. 3433, which featured the cal. 27-460AT movement.
This model features the 12-600AT movement, an engineering marvel which made its debut at the 1953 Basel Fair. As the first automatic movement made by the firm, its debut was delayed until the Hans Wilsdorf's 1933 patent for a full-rotation self-winding movement expired. At the time of its release, it was one of the most highly-jeweled calibers for a time-only watch produced by Patek Philippe, or indeed any firm. Ref. 2526 was the first model to be fitted with the 12-600AT movement, and Ref. 2551 was the second to do so.
The present lot is in exceptional condition, with well defined stepped lugs and bezel, a beautifully preserved dial, and PP crown.