Important Watches: Part I

Important Watches: Part I

View full screen - View 1 of Lot 97. Retailed by Tiffany & Co.: '3rd Series', Reference 2499J | A yellow gold perpetual calendar chronograph wristwatch with moon phases | Circa 1964.

Patek Philippe

Retailed by Tiffany & Co.: '3rd Series', Reference 2499J | A yellow gold perpetual calendar chronograph wristwatch with moon phases | Circa 1964

Auction Closed

May 12, 11:39 AM GMT


700,000 - 1,400,000 CHF

Lot Details


Dial: silvered

Calibre: cal. 13-130 manual winding, 23 jewels

Movement number: 869'351

Case: 18k yellow gold, snap- on case back

Case number: 2'637'692

Closure: 18k yellow gold Patek Philippe buckle

Size: 37.8 mm diameter

Signed: case, dial and movement

Box: yes

Papers: no

Accessories: Patek Philippe service invoice and letter confirming sale to Henry Stern agency on October 14, 1965, setting pin and presentation case with outer packaging


Please note the leather strap derived from endangered species is for display purposes only and is not sold with the watch. The watch will be shipped with a Sotheby’s branded calf leather strap.

Produced from 1950 until 1985, Ref. 2499 is recognized as one of the most important wristwatches made by Patek Philippe. The successor to Ref. 1518 and the predecessor to Ref. 3970, Ref. 2499 holds a distinguished place among the firm's exceptional perpetual calendar chronograph wristwatches. With only 349 pieces made in total, or an average of only nine pieces per year, it is an extremely rare piece and one that was made with the utmost attention paid to each detail.

Ref. 2499 underwent four major evolutions during its 35-year production run. Square chronograph pushers and a tachometer scale distinguish the first series, produced between 1950 and 1960. The second series, produced between 1955-1964, introduces round chronograph pushers. A simple dial design designates the third series, which Patek produced from 1960 to 1978, and a sapphire crystal demarcates the fourth series, so called the 2499/00, produced between 1978 and 1984. The present lot represents the third series, which was produced between 1960 to 1978.

Patek Philippe and Tiffany & Co. share a remarkable history dating back to a handshake agreement between Antoine de Patek and Charles Lewis Tiffany in 1851. The two met each other during Patek’s tour in America and held a deep respect for each other due to their mutual commitment to an exceedingly high level of craftsmanship and quality in their respective fields. Tiffany formalized their handshake agreement in 1876, and the two firms have had a successful relationship which continued to grow stronger for years to come. Today, Tiffany & Co. remains the most recognizable retailer in partnership with Patek Philippe, and thus, the most important firm that still co-sign the dial of a Patek Philippe watch.

The Ref. 2499 has left an indelible mark on the industry, and the present lot is a testament to the incredible contributions by each of the firms whose signatures it bears.