PATEK PHILIPPE, FOR GENERAL MOTORS, VERY RARE YELLOW GOLD 'CALATRAVA', WITH BLACK DIAL AND 'POINTED' HOURS OUTER TRACK, REF. 1578GMImportant information about this lot
Price Realised USD 12,600
Estimate
USD 12,000 - USD 20,000
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.
Closed: 14 Jun 2024
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PATEK PHILIPPE, FOR GENERAL MOTORS, VERY RARE YELLOW GOLD 'CALATRAVA', WITH BLACK DIAL AND 'POINTED' HOURS OUTER TRACK, REF. 1578GM
Reference 1578 was launched in 1943 and produced until the mid 1960s. Nicknamed 'Spider Lugs' for its angular and luxe styled lugs, the watch came in an assortment of dial configurations over the 20 plus years of manufacturing. The present lot designated reference 1578GM is only one of approximately 20 examples featuring a black dial which was created for the General Motors Company to gift to their important executives. Furthermore, the present watch features a different design in the outer track with triangular "pointed" hour hashes, making it a possibly unique variation of this already rare and coveted reference.
General Motor Company Based in Detroit, Michigan, GMC is a large worldwide business with staff in the thousands over 6 continents. From electric cars to heavy-duty full-size trucks, General Motors provides a range of vehicles including big name brands such as Chevrolet, Buick, and Cadillac. Since their beginnings in the late 19th century, they have grown to become the most widely recognized motor distributor in the world.
The present watch belonged to Mr. C.F. Kirkland. The caseback of the watch reads:
GMC-GMOO, C.F. KIRKLAND, 1940-1965
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PATEK PHILIPPE, FOR GENERAL MOTORS, VERY RARE YELLOW GOLD 'CALATRAVA', WITH BLACK DIAL AND 'POINTED' HOURS OUTER TRACK, REF. 1578GMEstimate: USD 12,000 - 20,000
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.
Movement: The movement is running 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. Dial: The dial has light scratches and nicks and shows signs of restoration The hands and hours markers have oxidation, scratches, and wear. The '2' in the '12' is misaligned and the '3' is inverted. Case: The case has scratches and nicks throughout. The crystal has light scratches. Hallmarks are visible at the lugs but have faded. Overall Condition: Good
1. All lots are sold "AS IS", and this condition report is provided purely as a goodwill service and may not specify all mechanical replacements or defects. The absence of any reference to the condition of a lot does not imply that the lot is in good condition and without defects, repairs, or restoration. You are accordingly encouraged to view the lots personally or through your own professional advisor.
2. For further information on these issues, please refer to the terms and conditions.
We thank you for your interest in the forthcoming sale. We remind you again that all property is sold “as is” and should be viewed personally by you or by your professional advisor before the sale to assess its condition.
Cost calculator
Lot 242Sale 23091
PATEK PHILIPPE, FOR GENERAL MOTORS, VERY RARE YELLOW GOLD 'CALATRAVA', WITH BLACK DIAL AND 'POINTED' HOURS OUTER TRACK, REF. 1578GMEstimate: USD 12,000 - 20,000
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