PATEK PHILIPPE, REF. 3448J, A RARE GOLD AUTOMATIC PERPETUAL CALENDAR WRISTWATCH
CASE NUMBER: 331’503
Important information about this lot
Estimate
USD 100,000 - USD 200,000
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.
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PATEK PHILIPPE, REF. 3448J, A RARE GOLD AUTOMATIC PERPETUAL CALENDAR WRISTWATCH
Launched in 1962, the reference 3448 was the first automatic perpetual calendar wristwatch serially produced by any manufacturer. It was made primarily in yellow gold in low numbers: estimates put the total production, all case metals, at approximately 600 units. A minority were cased in white gold (approximately 150 pieces), and one example in pink gold and two in platinum (with cases originally born in yellow gold).
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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.
OVERALL CONDITION: Good
CASE: Has been polished in the past and is visible in the size of the lugs. The polished bezel has light surface scratches. Gold hallmark visible under one lug
DIAL: Fourth series dial, period correct. Original, the print is clean and legible. A minor blemish at 12 o' clock
MOVEMENT: Ticking at the time of cataloguing. However, a service is recommended.
PIN BUCKLE: has surface scratches
PLEASE NOTE: This report has been prepared by Christie's specialists and is no substitute for physical examination by you and/or your advisors. Christie's specialists are not trained restorers and the report set forth above is not a comprehensive condition report prepared by a professional conservator. While we make certain observations on the work which we trust are helpful, we recommend you consult your own restorer for a more complete report. Prospective purchasers should bear in mind that this report will not disclose any imperfections which may only be revealed during the course of subsequent restoration. This report is provided to you as a courtesy and Christie's is not responsible for the accuracy or completeness of this report. Buyers are reminded that Christie's warranties with respect to property are limited as set forth in our Conditions of Sale and do not extend to condition.
Effective 7 February 2022 A buyer’s premium is payable by the successful buyer of an item at auction, based on the hammer price of each lot sold. The current buyer’s premium rates are an amount equal to 26% of the hammer price of each lot up to and including £700,000/US$1,000,000; plus 20% of the hammer price from £700,001/US$1,000,001 up to and including £4,500,000/US$6,000,000 and 14.5 per cent from £4,500,001/US$6,000,001.
Cost calculator
Lot 107Sale 21097
CASE NUMBER: 331’503PATEK PHILIPPE, REF. 3448J, A RARE GOLD AUTOMATIC PERPETUAL CALENDAR WRISTWATCHEstimate: USD 100,000 - 200,000
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