PATEK PHILIPPE | RETAILED BY TIFFANY & CO: A FINE YELLOW GOLD SPLIT SECOND CHRONOGRAPH MINUTE REPEATING WATCH MADE IN 1892

Dial: white enamelCaliber: 16'" manual winding movement, jeweledMovement number: 90573Case: 18k yellow gold, hinged case back with monogramCase number: 209122Dimensions: 45 mmSigned: Case, cuvette, dial and movement signed by retailerAccessories: Extract from the Archives confirming the date of sale on December 3rd, 1892 with enamel dial

CASE Case with light polish overall. Some very small dot markings at the top of the case below the stem. Some light wear to the repeating slide. Wear to the hinge at the base. DIAL Dial in good condition and would benefit from a cleaning, no visible hairlines or cracks. A colored dot below 11 toward the center arbor. Some light debris overall. MOVEMENT Chiming in phase for the hours, minute chime is not functioning. Will require service at the purchaser's discretion.
The lot is sold in the condition it is in at the time of sale. The online condition report is provided to assist you with assessing the condition of the lot and is for guidance purposes only. The images of the lot also form part of the online condition report for the lot provided by Sotheby's. Any reference to condition in the online condition report does not amount to a full description of condition. The online condition report may make reference to particular imperfections of the lot but you should note that the lot may have other faults not expressly referred to in the online condition report of the lot or shown in the online images of the lot (for example, the online condition report 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. The online condition report may not refer to all faults, restoration, alteration or adaptation because Sotheby's is not a professional conservator or restorer but rather the online condition report is a statement of subjective, qualified opinion genuinely held by Sotheby's (for example, information regarding colour, clarity and weight of gemstones are statements of opinion only and not statements of fact by Sotheby's). Please also note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and wrist bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. In addition, certain images of the lot provided online may not accurately reflect the actual condition of the lot (for example, the online images may represent colours and shades which are different to the lot's actual colour and shades). For these reasons, the online condition report is not an alternative to taking your own professional advice regarding the condition of the lot. Prospective buyers should also refer to the Buying at Auction guide which includes important notices concerning the type of property in this sale. 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. Please be advised that wristbands 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. NOTWITHSTANDING THIS ONLINE CONDITION REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS (ONLINE ONLY).

The Vanderbilts are instantly recognizable as one of the wealthiest families of America's Gilded Age. Indeed, Cornelius Vanderbilt was the richest man in America until his death in 1877. The present lot was gifted to his great grandson, Cornelius Vanderbilt III, likely during his time at Yale University where he earned a Bachelor of Arts degree in 1895, and a Bachelor of Philosophy degree in 1899.  This timepiece, inscribed for July 1893, also corresponds to the period when his father, Cornelius Vanderbilt II, was rapidly building a monumental Chateau, later coined 'the finest private residence in America.' The mansion once stood on the corner of 58th Street and 5th Avenue, where the high end department store, Bergdorf Goodman, now stands.