Lot 178
  • 178

Patek Philippe

Estimate
80,000 - 120,000 CHF
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Description

  • A FINE AND RARE 18K YELLOW GOLD AUTOMATIC PERPETUAL CALENDAR WRISTWATCH WITH MOON-PHASES 1971 REF 3448 MVT 1119167 CASE 325523
  • YELLOW GOLD
  • diameter 37 mm
• cal. 27-460Q automatic damascened nickel lever movement stamped twice with the seal of Geneva, 37 jewels, 18k yellow gold rotor engraved with the Calatrava cross, adjusted to heat, cold, isochronism and 5 positions • silvered dial, applied gold faceted baton indexes, twin apertures for day and month, subsidiary dial for date combined with aperture for moon-phases • large case with polished chamfered bezel, satin finished band, sunken crown within the case, snap-on case back • case, dial and movement signed • 18k yellow gold Patek Philippe buckle • Extract from the Archives confirming sale on 3rd February 1971

Condition

The movement is running while cataloguing however it may require a service in the near future in order to be well preserved. The dial is in good conditions but numerals with some oxidation at 1 to 4 o'clock and some painting dust near 2 o'clock. The case shows some rare light scuffs throughout with some light oxidation around the band. There are some oxidation on the lugs as well. It seems like the case has been re-polished because lugs are slightly thinner.
"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

Reference 3448 was manufactured between 1962 and 1981, it was not only the first automatic perpetual calendar wristwatch made in series by Patek Philippe, but the first by any company. As the successor to the 2497 and 2438-1, the 3448, with its more angular design, represented a departure from the classic rounded cases and lugs of previous complication references. This was a reflection of the change in wristwatch design more generally, which was altering during the 1960s and 1970s. Consequently, the 3448 forms a bridge between the vintage perpetual calendar wristwatches and the more modern examples that followed it. Today it is favoured amongst collectors for the clean sharp lines of the case.