Patekova's Top 3 Vintage Patek Philippe References: A Collector's Dream List
Vintage

Patekova's Top 3 Vintage Patek Philippe References: A Collector's Dream List

By patekova · May 13, 2020 · 37 replies
patekova
WPS member · Patek Philippe forum
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In a captivating exploration of horological history, WatchProSite contributor patekova invites readers to delve into the world of vintage Patek Philippe. Inspired by a contemporary Patek discussion, patekova shifts the focus to pre-1986 references, defining the 'vintage' era before the introduction of quick-set calendar functions. His personal selection of three ultra-rare, multi-million dollar Patek Philippe references from the 1940s-1950s sparks a vibrant community discussion, prompting fellow collectors to share their own dream vintage Patek trios.

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Inspired by Sham’s delightful post of his 3 favorite Pateks of all time, which are from the modern era, I thought it might be fun to initiate a corollary post limited to strictly vintage. For purposes of this discussion I am thinking of vintage as pre 1986. I.e. before the 3940 and 3970. I personally consider 3940 and 3970 from the modern era (although others may of course have a different view, especially as to 1st and 2d series 3940s/3970s).

For me the fact that unlike 2499 and 3448/3450, even the early 3940s and 3970s allow the user to quick set all calendar functions is a significant modernization. Frankly, I love the quick set feature, which makes the watch much more user friendly, but that said 1986 seems for purposes of this discussion, like a convenient starting point for the modern era.

So these are my 3 favorite all time watches, vintage or modern. If price and availability were not a problem ..... Of course, that is a somewhat ridiculous statement since all 3 are unique, likely not available at any price, and the price of each would be extraordinarily expensive, as in several million CHF/USD.

Each was manufactured during what many consider to be the golden years of vintage watches (1940s - 1970s), in fact within 5 years of each other, 1949-1954. In order of my preference, 

First place - Reference 2499 1st series pulsations dial in rose gold retailed by Freccero.and manufactured in 1951. It sold in Geneva at Antiquorum. Lot 82, October 19, 2002 for approximately 3.2 million CHF.

Second place - Reference 2497 in platinum with Breguet dial. Manufactured in 1954 it sold in Geneva at Christie’s lot 187 on May 12, 2008 for approximately 3.2 million CHF.

Thitd place - At the same Christie’s auction, Reference 1526 in steel. Lot 87, it sold for approximately 4.1 million CHF.

(I have included the auction data, as a source of information, in case anyone wants to learn more about these watches.)

I have 3 questions for the Forum members:

   What are your thoughts on these watches?

   How do you like/compare them to your favorite modern Pateks?

   What are your 3 favorite vintage Pateks.

I look forward to reading your thoughts. And again, many thanks to Sham for the inspiration!

Best, Patekova 




About the Patek Philippe Grand Complications Ref. 1526

The Patek Philippe Reference 1526 is a significant early perpetual calendar wristwatch, notable for being the first serially produced perpetual calendar by the brand. Introduced in 1941, it established a foundational design for subsequent perpetual calendar models, characterized by its balanced dial layout and sophisticated complication. This reference is highly regarded for its historical importance in the evolution of complicated wristwatches from Patek Philippe. It represents a key moment in the brand's commitment to high horology.

The watch features a 38mm case, typically crafted in 18k white gold, though other precious metals were also used. It is fitted with a sapphire crystal and is water resistant to 30m. The movement is an automatic caliber, specifically the Caliber 12'''120 Q, which was based on a manually wound ébauche but modified with a perpetual calendar mechanism. This movement provides a power reserve of approximately 38 hours.

Collectors value the Reference 1526 for its rarity and its position as a pioneer among perpetual calendars. Its production numbers were very limited, making examples highly sought after. The dial, often in silver, displays the perpetual calendar functions clearly, including the date. The fixed bezel and leather strap complete its classic and understated aesthetic, appealing to those who appreciate vintage Patek Philippe complications.

Specifications

Caliber
12'''120 Q
Case
18k white gold
Diameter
38mm
Dial
Silver
Water Resist.
30m
Crystal
Sapphire

Key Points from the Discussion

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The Discussion
MI
Miles_151
May 13, 2020

My all time top 3 would be in this order. 3974r Must be a MR 1518r 2499r Ultimate 3 vintage for me. M.

KE
keks
May 13, 2020

As there are so many amazing pieces... but I could see myself be satisfied with the attached ensemble... now if only 3 of them I could do without the rattrapante... Different metals different complications...

LA
lascases
May 14, 2020

looks „over restored“ in this image, don‘t you agree? The dial... very strange. And also the case is not in such great condition. There was quite a lot pf polishing on this. Personally, I would not go for a piece that is super rare but not in excellent condition. Even a well kept 2438J I woulf prefer, or one in R... The 1591 is interesting in this line-up. But then one would have two QP of the same time. Next to 2499 and 2438 I would probably add 1436 and also a 2526 first series.

KE
keks
May 14, 2020

Geneva Observatory, 2499P, an old world timer would be a good trio for me... steel, platinum, rose gold... would not mind a 3448G as a fourth either...

MI
Miles_151
May 14, 2020

Ticks all my boxes and flicks all my switches. M.

MI
Miles_151
May 14, 2020

At the London exhibition. M.

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