百達翡麗

• 手動上弦擒縱機芯17‘’‘170，鵝頸形微調器，18顆寶石，雙金屬補償擺輪 • 鍍銀錶盤，立體黃金阿拉伯數字及圓點時標，四個小錶盤顯示月份連閏年、星期、日期、月相連秒速 • 18k黃金圓形錶殼，撳扣式錶背蓋 • 錶殼、錶盤及機芯印有品牌標誌

* 拍品資料以英文圖錄為準。

The movement and perpetual calendar are working at the time of cataloguing. However the corrector for the date is not working The dial is in good condition. Case with light scuffs from wear. Overall in very good condition. Please note that the movement has not been checked for timekeeping accuracy and Sotheby's will not be held responsible for any repairs should they be require.
"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."

Production of reference 725 began in 1940 and ceased in the late 1960s. It is interesting to note the similarities between the styling of the reference 725 pocket watch and its contemporary wristwatch models. The first series reference 725, to which the present lot belongs, had applied Arabic and dot numerals, similar to those of the famous perpetual calendar reference 1526 wristwatch. The second series of Ref. 725 featured applied baton numerals, a change that was also seen in the last examples of the reference 2497 and the 2438-1 models. Both the first and second series of reference 725 had scooped bezels, another design feature in common with the major complication Patek Philippe wristwatches of the same era.