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.
A Christie's specialist may contact you to discuss this lot or to notify you if the condition changes prior to the sale.
Lot Essay
Eric's Pick The reference 2526 was the first self-winding watch made by Patek Philippe. This model came out in 1953 and was produced until 1960. This example is quite special because it has some additional features that are not on all of these models. This watch features “SERPICO Y LAINO” printed on the dial in the subsidiary seconds register with “S&L” and "18K" stamped on the case back, indicating it was sold by the legendary retailer in Caracas, Venezuela. This watch also has luminous hands and hour markers with an 18k Gay Freres reference "N" bracelet made for Patek Philippe stamped "Patek Philippe & Co" with PP logo on the outside clasp as well as "GF" inside the clasp. The dial with luminous plots and bracelet are both confirmed on the Extract from the Archives. The baked enamel dial is in outstanding condition with no visible cracks. The 2526 is one of the most sought after vintage Patek Philippe models and to find one in this condition, in this configuration with the reference “N” bracelet, is truly rare and an exceptional opportunity for a discerning collector.
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 and bracelet are in great condition, we believe unpolished, with a few light scratches. The crystal has a few light scratches. The "S&L" and 18K stamping is fully visible on the unpolished case back. The bracelet has minor stretch and shows light signs of wear. The dial, hands, and "PP" crown appear to be original. The luminous material in the hands and on the dial in the hour markers has darkened and is matching in color. The hands have developed patina. The dial has no visible cracks. The movement is in working order at the time of cataloging, consistent with 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 10Sale 13289
PATEK PHILIPPESERPICO Y LAINO, REF. 2526Estimate: USD 40,000 - 60,000
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