Lot 91
  • 91

PATEK PHILIPPE | A FINE YELLOW GOLD OPEN FACED MINUTE REPEATING SPLIT SECOND CHRONOGRAPH WRISTWATCH MADE IN 1912

Estimate
25,000 - 45,000 USD
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Description

  • Patek Philippe
  • A FINE YELLOW GOLD OPEN FACED MINUTE REPEATING SPLIT SECOND CHRONOGRAPH WRISTWATCH MADE INĀ 1912
Dial: white enamel, Breguet numeralsCaliber: 17'" ligne movement, 39 jewels, two hammers repeating on two gongsMovement number: 174041Case: 18k yellow gold, personally inscribed cuvette, enamel monogrammed hinged case backCase number: 277120Dimensions: 47 mm diameterSigned: case, dial and movementAccessories: an associated and period correct Patek Philippe presentation box, Certificate of Origin, Extract from the Archives confirming the date of sale on December 24th, 1920, spare crystal, mainspring and repeat spring

Condition

CASE Case in overall good condition with normal wear and scuffing from age and use. Some light scuffs throughout. The three-colored enamel monogram is vibrant and attractive. The case back is monogrammed "ALS." Repeating slide and split second pusher with normal wear from use and age. PPC stamp to the bow is crisp and legible. Cuvette is inscribed. DIAL Dial is very attractive and remains intact. Some light debris and faint surface dots under a loupe. Some light signs of oxidation between the main and subsidiary dial plates. MOVEMENT Split chronograph function does not reset consistently. Minute repeating one hour behind. The watch will require a service at the purchaser's discretion. The watch 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.
"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

Inscribed: Albert Lincoln Smith, In grateful appreciation of your unselfish help and advice for many years, Harry W Child, Christmas, 1920

The present watch is monogrammed and inscribed for Albert Lincoln Smith, the President of the Montana Trust and Savings Bank through the 1920s. The bank and its Officers were involved with war relief efforts during World War I. In addition to raising funds, the bank supported the Red Cross and the Montana Loyalty League.  The watch was gifted to the original owner by Harry W. Child, a prominent Montanan entrepreneur and founder of the Yellowstone Park Company who offered services to visitors to the Yellowstone National Park from 1892- 1980. In his earlier years, Mr. Child had helped to establish the San Francisco Stock Exchange in 1882.

The watch is preserved in beautiful overall condition, with a vibrant varicolored enamel monogram to the hinged case back. The dial remains intact and dressed with Breguet numerals and Louis XV hands.