Lot 211
  • 211

Patek Philippe

Estimate
8,000 - 12,000 CHF
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Description

  • RETAILED BY SERPICO AND LAINO, CARACAS: A YELLOW GOLD AUTOMATIC WRISTWATCH WITH DATE 1965 REF 3445J MVT 1123022 CASE 318048
  • DIAMETER 35 MM
• cal. 27-460 automatic damascened nickel lever movement stamped twice with the Geneva seal, 37 jewels, free-sprung Gyromax balance, adjusted to heat, cold, isochronism and 5 positions, gold rotor engraved with the Calatrava cross • silvered dial, applied baton numerals, subsidiary seconds, aperture for date • 18k yellow gold case, faceted down-turned lugs, screw-down back • case, dial and movement signed

Condition

Automatic movement running while cataloguing. Dial with some light spotting between 12 and 2 o'clock, and between 6 and 7 o'clock at the level of the subsidiary seconds. Case with minor scuffs throughout from wear. Buckle is not original and not from Patek Philippe. REF 3445J. Movement 1123022. Case 318048.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping.

Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."

Catalogue Note

Accompanied by an Extract from the Archives confirming production in 1965 and sale on November 10th, the same year.

Reference 3445 is one of the most popular automatic wristwatches made by Patek Philippe and incorporates the legendary calibre 27-460. Created by Patek Philippe, the calibre 27-460 is known for its efficiency and exceptional quality. To ensure that the watch is continually and smoothly wound when worn, a gold rotor is incorporated. The reason gold is chosen for the rotor is due to its gravity which is almost twice that of lead.

It should be further noted that this wristwatch bears the name of the famous Venezuelan retailer, Serpico y Laino, who sold some of the most famous Patek Philippe and Rolex wristwatches of the 1940s and 1950s.