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937

Patek Philippe

Ref. 1526

A very fine and well-preserved yellow gold perpetual calendar wristwatch with moon phases

Estimate
HK$640,000 - 1,280,000
€70,800 - 142,000
$82,100 - 164,000
HK$1,397,000
Lot Details
Manufacturer
Patek Philippe
Year
1948
Reference No
1526
Movement No
962’261
Case No
652’014
Material
18K yellow gold
Calibre
Manual, cal. 12'''120, jewelled
Bracelet/Strap
Leather
Clasp/Buckle
18K yellow gold Patek Philippe pin buckle
Dimensions
34mm diameter
Signed
Case, dial, movement and buckle signed
Accessories
Accompanied by confirmation letter from Patek Philippe Salon Geneve from 1982 confirming its production. Delivered with Patek Philippe Extract from the Archives dated 1990 and 2025 confirming production of the present watch in 1948 and its subsequent sale on 12th April 1949.
Catalogue Essay
Patek Philippe’s groundbreaking reference 1526 is a landmark model, being the very first serially produced perpetual calendar wristwatch. Launched in 1941 and in production until 1952, it set a new standard for the brand and established benchmarks for future perpetual calendar references.

The apparent simplicity of the case and dial belies the intricately complicated movement, which mechanically calculates the length of each month throughout the year while also accounting for leap years. During its production run, only 210 pieces of the reference 1526 were made, with the vast majority in yellow gold, a very limited number in pink gold, and only one known example in steel. The case was crafted by Emile Vichet, renowned for making the legendary cases of the ref. 1518 and many of the early series ref. 2499.

This particular example in yellow gold is very well-preserved and features an attractive dial with minimalist Arabic numerals. The case is equally impressive, displaying crisp hallmarks on the caseband and beneath the lug. Its surface has developed a lovely layer of patina from aging, suggesting that this beautiful timepiece has been kept in a safe for an extended period. The watch is further accompanied by a confirmation letter from Patek Philippe from the 1980s, along with two Extracts from the Archives dated 1990 and 2025, confirming its provenance and details.

A truly important timepiece, it will appeal to collectors seeking not only a well-preserved and extremely rare specimen but also one of the first perpetual calendar wristwatches ever made.

Patek Philippe

Swiss | 1839
Since its founding in 1839, this famous Geneva-based firm has been surprising its clientele with superbly crafted timepieces fitted with watchmaking's most prestigious complications. Traditional and conservative designs are found across Patek Philippe's watches made throughout their history — the utmost in understated elegance.Well-known for the Graves Supercomplication — a highly complicated pocket watch that was the world’s most complicated watch for 50 years — this family-owned brand has earned a reputation of excellence around the world. Patek's complicated vintage watches hold the highest number of world records for results achieved at auction compared with any other brand. For collectors, key models include the reference 1518, the world's first serially produced perpetual calendar chronograph, and its successor, the reference 2499. Other famous models include perpetual calendars such as the ref. 1526, ref. 3448 and 3450, chronographs such as the reference 130, 530 and 1463, as well as reference 1436 and 1563 split seconds chronographs. Patek is also well-known for their classically styled, time-only "Calatrava" dress watches, and the "Nautilus," an iconic luxury sports watch first introduced in 1976 as the reference 3700 that is still in production today.
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