Lot 120
  • 120

Patek Philippe

Estimate
180,000 - 280,000 CHF
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Description

  • Patek Philippe
  • A VERY RARE PINK GOLD CHRONOGRAH WRISTWATCH WITH REGISTERSREF 530 MVT 868730 CASE 514605 MADE IN 1953
  • pink gold
  • diameter 36.5 mm
• cal. 13''' manual lever movement, 23 jewels, swan neck precision regulator, stamped twice with the Seal of Geneva, mono-metallic balance • silvered dial, applied Arabic numerals and baton indexes in gold, subsidiary dials for constant seconds and 30-minute register, outer tachymeter scale • 18k pink gold case, down-turned lugs, snap-on back • case, dial and movement signed • with an 18k pink gold Patek Philippe buckle

Condition

The movement and chronograph function in working condition at the time of cataloging. The dial was restored in the past. Some glue around the majority of the applied indexes, for example at 10 and 12. Some restoration to the enamel, mostly to the signature and the rail tracks of the subsidiary counters. The case with light but large scuffs to the band between 7 and 9. Some usual scuffs to the edge of the case and bezel, next to the crown. Some scratches between the lugs and to the rear of the lugs. The case was polished in the past but still retains good proportions. The Patek Philippe buckle later. The watch has not been tested to determine the accuracy of its timekeeping. Please note Sotheby's does not guarantee the future working of the movement and a service maybe required at the buyer's discretion.
"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 manufacture in 1953 and the date of sale on May 5th, 1956.

In 1937, just a few years after the introduction of the classic chronograph reference 130, the Geneva based company presented an exclusive oversized version: the reference 530.

 

Significantly larger than the ref. 130, the model was mainly available in yellow gold, few were also made in pink gold and stainless steel.

The case of the 530 was made in two diameters, 36 mm and 36.5 mm, as the present lot, and was produced in two different variations, one with a length including the lugs of 19 mm which is referred to as the “tonneau” and the other of 21.5 mm is known as the “calatrava”. Interestingly, the pink gold version is only known to have been made with the tonneau case. The gold cases were supplied by Croisier, one of the finest case makers of that time.

The total production of the reference 530 chronograph is estimated by scholars at 140 pieces; only 15 have appeared in the market in pink gold. This extreme rarity enhances the appeal of the present lot. 

The classic dial of the watch is a reflection of the tradition of Patek Philippe with gold Arabic and baton numerals and hard enamel minute and 1/5 second divisions and foremost outer tachymeter scale, providing this piece with a timeless elegance. 

The 13’’’130 movement is based on a Valjoux ébauche and is considered by collectors as the finest manual winding chronograph movement of that period. The quality of the present watch is further distinguished by bearing the Geneva seal twice, one on the chronograph bridge and the other one is stamped under the balance wheel.

Thanks to its generous proportions, rarity and exceptional quality; it is no surprise that the “five-thirty” is recognized as a trophy piece by collectors. Finding such a sought-after reference, previously unknown to the auction world has to be considered as an important discovery and an exceedingly rare opportunity to acquire one of the most captivating models of Patek Philippe’s production.

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