$1.2 Million Patek Phillippe Stars in Watch Auction

By Affluent Page Editor • • Category: Collect, Horology, New & Noteworthy

An extremely rare 1956 Patek Philippe chronograph that’s never before been offered for sale is expected to fetch up to $1.2 million at Antiquorum’s Important Collectors’ Wristwatches, Pocket Watches & Clocks auction at their Madison Avenue US headquarters on Oct. 16. The Ref. 2499, first series 18K yellow gold wristwatch has a square button chronograph, 30-minute register, perpetual calendar, moon phases, special tachometer dial and an 18K yellow gold buckle. The 1956 model is accompanied by an additional Patek Philippe 18K yellow gold link bracelet, fitted box and the extract from the watchmaker’s archives.  

Several other highly-collectable Pateks are featured in the sale, including an astronomic, water-resistant, platinum and diamonds wristwatch with split-seconds chronograph, registers, perpetual calendar and moon phases, estimated at $280,000 – $340,000. Also of note is a 1930 14K gold Longines wristwatch owned by Albert Einstein, est. $25,000 – $35,000, inscribed with his name on the back and accompanied by several photographs showing the famous scientist wearing the timepiece.www.antiquorum.com    

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