Reference 2503 | A pink gold wristwatch with fancy sculpted lugs, Made in 1959 | 百達翡麗 | 型號2503 | 粉紅金腕錶，備別緻雕刻錶耳，1959年製
A pink gold wristwatch with fancy sculpted lugs, Made in 1959
Calibre: cal. 9''90 mechanical, 18 jewels
Movement number: 977'065
Case: 18k pink gold, snap on case back
Case number: 679'543
Closure: black Patek Philippe alligator strap and 18k pink gold buckle
Size: 41.5 mm length
Signed: case, dial and movement
Accessories: Patek Philippe Extract from the Archives confirming production of the present watch in 1957 and its subsequent sale on 18 August 1959
The movement is in working condition at the time of cataloguing. The hard enamel signature is nicely raised with great scales. The numerals have become tarnished. The dial has aged and the finish has become a little blue in appearance. The case itself is very well preserved and in very nice condition with crisp hallmarks to the band.
Please note that the movement has not been tested for the accuracy of time and may need a service at the buyer's expense. Sotheby's does not guarantee the future working of the movement and we do not guarantee the authenticity of any individual component parts since subsequent repairs and restoration work may have resulted in the replacement of original parts. You are advised that watch straps or bands made of materials derived from endangered or otherwise protected species (i.e. alligator or crocodile) are not sold with the watch and we reserve the right to remove these straps or bands prior to shipping. Furthermore, the watch may not come with its original manufacturers strap or band.
Prospective bidders should review the Conditions of Business, Authenticity Guarantee, the Guide for Prospective Buyers, and any Important Notice in the sale catalogue.
"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."
The reference 2503 was made only during the 1950s and was only cased in yellow and pink gold. The present example represents less than a handful examples known in pink gold and its rectangular case is highlighted by very prominent fancy sculpted lugs and silvered dial set with Arabic and arrow-shaped numerals.
Purchased by the current owner at Antiquorum in 1998 for over 60,000 USD, the watch further retains a very crisp case with crisp hallmarks to the band. The signature is nicely raised in hard enamel and the numerals have all tarnished with age.