Lot 318
  • 318

Patek Philippe

40,000 - 60,000 USD
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  • Patek Philippe
  • stainless steel, alligator
  • diameter 37 mm
• cal. 12-120 manual winding nickel lever movement • three tone silvered dial, the outer chapter ring with applied oversized Breguet numerals, central reserve separated by a mirrored ring, subsidiary seconds • stainless steel large case, flat bezel • case, dial, and movement signed • with a stainless steel Patek Philippe buckle


CASE Case overall very attractive. Some very gentle indication of previous polish. Backs of lugs with some wear and scratches. Left side case band with wear and some scuffs from opening and closing. DIAL Dial is highly attractive with some light surface wear and debris under very close observation. MOVEMENT The movement is running at time of cataloging, however it was not tested for the accuracy of time or duration of the power reserve and may need service at the buyer's discretion. Please note that Sotheby's does not guarantee the future working of the movement. There were two previous extracts issued by Patek Philippe in 2001, and 2005, respectively. Patek Philippe Archives fully researched and issued an updated Extract from the Archives on March 2nd, 2018.The Extract confirms that the watch was manufactured in 1938, and sold on January 6th, 1939. The original case was replaced by the acutal one- bearing # 647707 during a servicing in 1967.
"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 the year of manufacture in 1938, and sale on August 7th, 1939.  The stunning three tone dial of the present watch is divided into four parts: the minute track at the edge of the dial is set in one silvered tone matching that of the dial's center. Next, the chapter ring is satin silver finished. Finally, a mirrored ring divides the center of the dial from the chapter ring.

The present example is one of only six Ref. 570 watches in stainless steel with Breguet numerals and a three-tone dial. Interestingly, a study of these documented pieces demonstrates that each dial bears slight variances, making each piece unique. The size of the Breguet numerals, the width of the stripes and the detail of the central ring differ between each piece.

Patek Philippe confirms that the present case of this watch, bearing movement number 647707, replaced an earlier case during a factory service in 1967. This work performed and documented by Patek Philippe in the post-war period adds to this watch's rarity and historical importance. The case bears the attractive long signature 'Patek, Philippe & Co.' that reflects the signatures on the dial and movement.

A similar example is illustrated in John Goldberger, Patek Philippe Steel Watches, 2010, p. 108 - 109.