PATEK PHILIPPE

• 18''' nickel lever movement, bi-metallic compensation balance, 18 jewels, eight adjustments • mother-of pearl dial, applied gold dauphine numerals, outer minutes track, gold Breguet hands, subsidiary seconds • 18k gold case, oval bow, enamel monogram to the hinged back • case, dial, movement and pendant signed

The movement is running, however it may require service soon. The mother-of-pearl is in very nice condition. The gold numerals have aged. There are also some losses to the dots in the minutes track and also to the subsidiary dial around 50. The blue enamel monogram reads CSB within a circle. The case is in lightly polished condition with some light scuffs. The PPC stamp on the pendant is very crisp and legible.
"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."

Accompanied by an Extract from the Archives confirming production with mother-of-pearl dial and applied dauphine numerals in 1921 and sale on April 28th, 1924.

It is interesting to note the unusual location of the signature on the present lot. Rather than the more typical location below 12 o'clock, 'Patek Philippe & Cie, Genève' is printed along the upper border of the subsidiary seconds on this lot, a space commonly reserved for the retailer's signature. From time to time, the firm was able to move their signature at the request of a client, which was likely the case for the present lot.

According to our research, the present example is one of approximately ten similarly styled watches with mother-of-pearl dials. To the best of our knowledge, this is the first time the present lot has been offered at auction.