Patek Philippe

• cal. 27 SC manual winding nickel lever movement stamped twice with the seal of Geneva, mono-metallic compensation balance, micrometer regulator, 18 jewels, adjusted to heat, cold, isochronism and 5 positions, regulator bridge stamped HOX, steel dust cover • silvered dial with applied gold indexes • circular case, screw-down back • case, dial and movement signed • with an 18k yellow gold Patek Philippe buckle

Henry Graves, Jr.
Gwendolen Fullerton
Reginald H. Fullerton, Jr.

The movement is running at the time of cataloguing and the watch has been serviced by Patek Philippe. It may require service again in the future. The case back still retains the service sticker. The dial is very attractive and has likely been cleaned by Patek Philippe. There are no visible imperfections, however the printing of the accent above the 'e' in Genève is unusual. The case is in very nice condition with a very nicely defined shape overall and strong hallmarks. The strap of this watch contains endangered species; please see Important Notices for further information.
"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."

With an Extract from the Archives confirming the date of manufacture in 1951 and subsequent sale on June 14th, 1951.

Reference 565, launched in 1938, was the first large size waterproof wristwatch. The reference was also known as the "Grande Calatrava Etanche". In 1949, the 565 was updated with the calibre 27 SC. In 1952, the reference was replaced by Ref. 2532.

The present lot is in remarkably preserved condition, and with its unmatched provenance, it presents collectors with the unique opportunity to obtain one of the finest yellow gold examples of Ref. 565 to be offered at auction to date.

This watch is amongst the last Patek Philippe watches purchased by Henry Graves, Jr.