Lot 62
  • 62

Patek philippe

Estimate
7,000 - 9,000 USD
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Description

  • Retailed by Bailey, Banks & Biddle: A gold open-faced minute repeating watch1891 MVT 90297 CASE 206921
  • diameter 47mm.
• nickel lever movement, bi-metallic compensation balance, micrometer regulator, movement stamped Special, wolf's tooth winding, 18k gold cuvette • white enamel dial with hairlines, Breguet numerals, subsidiary seconds • 18k gold circular case  • cuvette signed by maker and retailer, case signed by maker, dial and movement signed by retailer

Condition

The repeater is striking in phase, albeit at times the gongs sound unclear, indicating a cleaning of the repeating work is needed. The dial is in relatively good condition, although with some slight imperfection above the hand post below 12 o'clock. The case appears to be in good order, however it is a bit scratched. It should be noted that the inside of the cuvette is stamped 206920, and the inside of the case is stamped with the same number, however it appears that later the '1' was stamped over top of the final '0'. Patek Philippe provided us with a certificate for the case number 206920 and movement number 90297.
"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.

Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."

Catalogue Note

Accompanied by an Extract from the Archives confirming production in 1891 and sale on November 5th of that year.

According to our research, this is the first time the present example has been offered at auction.