Patek Philippe - The Hong Kong Watch Auction: XVIII Hong Kong Friday, May 24, 2024 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 1962
    Reference No: 3435
    Movement No: 1’112’642
    Case No: 2’626’324
    Material: 18K yellow gold
    Calibre: Automatic, cal. 27-460, 37 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: gilt unsigned pin buckle
    Dimensions: 34mm diameter
    Signed: Case, dial and movement signed; dial further signed by retailer

  • Catalogue Essay

    The reference 3435 was introduced in 1960 as a successor to the reference 2584 (See previous lot), sharing similar aesthetics and appeal with a smaller 34mm case size. When discussing vintage Patek Philippe automatic calibers, the cal. 12-600 often comes to mind as it powers the iconic reference 2526. However, the present watch is equipped with the updated cal. 27-460, which showcases an updated Gyromax balance wheel with a Breguet hairspring and a revamped rotor ball bearing. This caliber continued to pave the way for future complications, including the first automatic date reference 3445 and even the 3448 perpetual calendar.

    The present watch boasts straight lugs and a special snap-on back with a raised edge that provides additional protection against moisture. This feature has contributed to the well-preserved condition of the dial, which exhibits a clean surface and prominently raised enamel signatures. Notably, the dial of this watch bears a rare co-signature "Jost" at the small seconds register. The exact date of when this official retailer opened to the public is uncertain, but the business was founded by Bernardo Jost, a Swiss gentleman who relocated to Genoa, Italy. Although the shop has permanently closed, it remains a significant part of the city's history, particularly for collectors and the world of watchmaking.

    With less than 500 examples of reference 3435 were made in total, only a handful are even equipped with a co-signature. To the best of our knowledge, the present watch is fresh-to-the-market and the only one known in yellow gold with the "Jost" signature, making it a truly exceptional timepiece to own.

  • Artist Biography

    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.

    View More Works

1039

Ref. 3435
A rare and well-preserved yellow gold double-signed wristwatch with small seconds, retailed by Jost

Circa 1962
34mm diameter
Case, dial and movement signed; dial further signed by retailer

Estimate
HK$110,000 - 200,000 
€13,200-24,000
$14,100-25,600

Sold for HK$177,800

Contact Specialist

Thomas Perazzi
Deputy Chairman, Watches, Head of Watches, Asia
+852 2318 2031
WatchesHK@phillips.com
 

Gertrude Wong
Head of Sale, Hong Kong
+ 852 2318 2045
gertrudewong@phillips.com
 

The Hong Kong Watch Auction: XVIII

Hong Kong Auction 24 - 25 May 2024