Important Modern & Vintage Timepieces

Geneva, May 10, 2015

LOT 332

PATEK PHILIPPE REF. 2577 ENAMEL DIAL YELLOW GOLD Patek Philippe & Cie, Genève, No. 747947, case No. 699556, Ref. 2577. Made circa 1958. Extremely fine and rare, oversized, 18K yellow gold gentleman's wristwatch with enamel dial with an 18k yellow gold Patek Philippe buckle. Accompanied by the Extract from the Archives, a period Patek Philippe box and an invoice.

CHF 20,000 - 30,000

HKD 160,000 - 240,000 / USD 21,000 - 31,000

Sold: CHF 27,500

Two-body, solid, polished and brushed, lapidated lugs, sloped bezel. Cream soft enamel, applied yellow gold baton indexes, outer dot minute markers. Yellow gold Dauphine hands. Cal.10-200, stamped with the Geneva Quality Hall Mark, rhodium plated, "fausses-côtes" decoration, 18 jewels, lever escapement, Gyromax balance adjusted for heat, cold, isochronism and 5 positions, shock-absorber, self-compensating Breget balance-spring, micrometer regulator.


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Grading System
Grade:
Case: 2-8

Very good

Slightly scratched
Movement: 2*

Very good

Overhaul recommended, at buyer's expense
Dial: 2-01

Very good

HANDS Original

Notes

Dial, case and movement signed. DIAM. 36 mm. THICKNESS 5 mm. Being part of the family of Patek wristwatches fitted with an enamel dial, like the better known self-winding 2526, this watch is part of the extremely rare mechanical watches similar to the reference 3428. In fact this is only the sixth known example to appear at auction, with two of those known in a pink gold case.