Lot 107
An important, extremely rare, and well-preserved stainless steel chronograph wristwatch with two-tone dial, Certificate of Origin,...
Sold
$252,000
Est $100,000 - $200,000
Live Auction
THE NEW YORK WATCH AUCTION: SIX
ARTIST
Patek Philippe
Size
33mm Diameter
Description
...presentation box and service invoice

Year: 1949
Reference No: 130
Movement No: 867’675
Case No: 653’979
Material: Stainless steel
Calibre: Manual, cal. 13’’’, 23 jewels
Bracelet/Strap: Crocodile
Clasp/Buckle: Stainless steel buckle
Accessories: Accompanied by Patek Philippe Certificate of Origin dated 17 May, 1950, original brown fitted presentation box, and WM Hawkes & Son, service invoice dated 10 October, 1957. Further accompanied Extract from the Archives confirming production of the present watch in 1949 and its subsequent sale on May 17th, 1950.

Patek Philippe’s reference 130 is one of the most diverse chronograph models ever produced by the brand. In production from 1936 until 1964, the model was encased predominantly in yellow gold, with fewer examples in pink gold, stainless steel, and the very rare steel and gold configuration. Dials throughout the production varied as well with a range of designs from tachymeter, sector and pulsations scales. The reference was a potent combination of the iconic Calatrava case, and the sporty refinement of the chronograph. Its elegant design was a balance between classic design and master craftsmanship, making it popular model when it was first released and today nearly a century later. The stainless steel model is estimated to have been made in approximately 270 examples in stainless steel as well as a few examples in two tone stainless steel and gold between 1937 to 1951. A study of the cases find they were made in three distinct series. First series: Estimated 125 cases produced by Geneva-based case-maker Georges Croisier. Serial 504’XXX (lug width 18mm), serial 505’XXX (lug width up to 20mm), serial 505’7XX onwards feature pinholes on the side of the lugs. Second series: Estimated 135 cases produced by Le Locle-based case-maker Dubois. Third series: like the present, estimated two dozen cases produced by Geneva-based case-maker Wenger. No pin holes on the side of the lugs. Fitted with a stunning two-tone silvered dial with all of its raised, hard enamel perfectly intact, the present example can certainly be considered one of the finest representatives of this classic and important reference known. First appearing on the market at auction in 2005, it was consigned by the original owner’s family. Purchased directly from the Patek Philippe Boutique in Geneva in 1950, according to the family, it was first presented as a graduation gift to the original owner. It is interesting to note the Patek Philippe Extract from the Archives sold date corresponds to the date on the Original Certificate of Origin. Purchased by the consignor at that time, and kept as a treasured watch in the Ride the Wave collection, it remains in outstanding overall condition. Crisp lugs and bezel edges, perfectly preserved satin finishing on all surfaces, and a beautifully aged original dial all indicate the watch was hardly ever worn throughout its lifetime. So remarkable is this example, it is prominently featured in John Goldberger’s tome, “Stainless Steel Patek Philippe Watches” Patek Philippe chronographs are one of the most sought after timepieces due to their complicated movements, and classic designs. This is a rare opportunity to own a “best-in-class”, complete masterpiece.

Signature
Case, dial, and movement signed.
Literature
Patek Philippe Stainless Steel Watches, John Goldberger, pages 240-241.