PATEK PHILIPPE, PERPETUAL CALENDAR, REF. 1526Important information about this lot
Price Realised USD 106,250
Estimate
USD 80,000 - USD 100,000
Estimates do not reflect the final hammer price and do not include buyer's premium, any applicable taxes or artist's resale right. Please see the Conditions of Sale for full details.
Place de la Taconnerie 8, Geneva, 1204, Switzerland
Phone: +1 212 636 2002
Fax: +41 22 319 1767
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Lot Essay
Fred's Pick Patek Philippe introduced the reference 1526 in 1940 and it was in production until circa 1952. At the time this was the only perpetual calendar wristwatch in production on the market. Approximately 210 examples of this reference were made in the 12 year production period. This comes to approximately 18 per year, making this watch extremely rare and highly desirable. This reference was offered in yellow gold and pink gold and one example in steel is known. The case back is engraved, “Mario P. Nigra July 30th 1952.” It is possible that this watch was given to the original owner as a present since the original sale date was July 25th 1952 and the engraving on the back says July 30th 1952. The present example is cased in yellow gold this is a great opportunity to own an early perpetual from Patek Philippe.
You have agreed to be bound by the Conditions of Sale and if your bid is successful, you are legally obliged to pay for the lot you have won. The purchase price for a successful bid will be the sum of your final bid plus a buyer’s premium, any applicable taxes and any artist resale royalty, exclusive of shipping-related expenses.
Condition report
A Christie's specialist may contact you to discuss this lot or to notify you if the condition changes prior to the sale.
The condition of lots can vary widely and the nature of the lots sold means that they are unlikely to be in a perfect condition. Lots are sold in the condition they are in at the time of sale.
The case is in good condition with few light scratches. The case was polished by Patek Philippe. The case back shows signs of being opened around the edges and has one slight dent. The 1 and 11 o'clock lugs have slightly more polishing to the edge of the lugs than the other two. The case back retains the Patek Philippe service sticker. The case back is engraved, “Mario P. Nigra July 30th 1952.” The dial has been cleaned and refinished by Patek Philippe. The day and month disks have light smudging on them. According to the accompanying service papers from Patek Philippe, the Henry Stern Agency the watch was cleaned, over hauled with replacement crystal, crown, hour, minute and seconds hand. Patek Philippe repaired the center wheel, third wheel and second wheel. Patek Philippe also restored the dial and polished the case. The movement is in working order at the time of cataloging, consistent with the age of the watch. The movement has not been tested for accuracy. A service is recommended given the age of the watch.
The condition of lots sold can vary widely due to factors such as age, previous damage, restoration, repair and wear and tear. The nature of the lots sold means that they will rarely be in perfect condition. Lots are sold in the condition they are in at the time of sale.
Cost calculator
Lot 36Sale 14570
PATEK PHILIPPE, PERPETUAL CALENDAR, REF. 1526Estimate: USD 80,000 - 100,000
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