Auctions
Patek Philippe’s Most Elegant Perpetual Calendar: The 3448
For Patek, its perpetual calendar wristwatches bear great significance to the maison, because while it is English watchmaker, Thomas Mudge who is largely attributed as the inventor of the complication, it is Patek Phillipe who gave the world its first perpetual calendar wristwatch in 1925. Since then Patek has produced no less that 30 references of the calendar complication, and this without even considering the chronographs and other super complications with integrated perpetual calendar functions.
Over the course of this development, Patek’s had to come up with ever new technical innovations that help realize the compilation more effectively and creative ways in which to display information on the dial side, such that the watch can be read by the wearer with the greater ease.
It is with the next generation of Patek’s perpetual calendar, the ref. 1526 of 1941 that we see a timeless design take shape with the day and month apertures placed side by side, just under the 12 o’clock hour marker. The date indicator, now a subdial placed around the moonphase indicator. This subdial also served as the watch’s small running seconds.
Auction house Phillips Watches’ research suggests that there were 586 examples made of the reference, mostly in yellow gold, the white gold version being the next most abundant; just two rose gold pieces known to the public auction market and two platinum pieces that were born as white gold instances, later upon the approval of Mr Stern, re-cased with platinum cases. An instance of a platinum piece sold with Phillips at their May 2018 Geneva auction for well over USD 1 million.
The 3448 was eventually retired for the ref. 3450 and the 3563, both of which brought a leap indicator onto the dial. The 3563 in particular had a central seconds hand. But both references were in production for a mere 4 years, when in 1985 Patek introduced the fabled Calibre 240 Q and the ref. 3940, which took on subdials at 3 and 9 o’clock for the calendar indications.
In the meantime, the soul of the 3448 and its perpetual calendar layout lived on solely through Patek’s perpetual calendar chronographs, that is until in 2017, when the maison gave us the incredibly well received ref. 5320. But for those in search of the elegance, clarity and near perfection of the 3448, only a 3448 will do.
Consider Lot 834 (pictured here), at Phillips Hong Kong Watch Auction: SEVEN: a pristine, fresh to market ref. 3448 in white gold, consigned by the previous owner’s family, based in Tokyo. Hard enamel dial suggests this is from one of the earlier series. Phillips’ even managed to secure extracts from Patek’s archives, confirming the watch’s date of production and sale. There’s yet another great little detail that’s sure to get the most severe Patek collector weak in the knees: the large inverted date numerals around the moon.
If you miss out on the ones in Hong Kong, there’s another yellow gold piece up for sale at Phillips’ New York sale on December 5th: Lot 106. No inverted date ring in this instance, but a superb example sporting the later series dials that were printed. Estimate for this one’s at USD 80,000-120,000.
Both lots are a first series example with Arabic and dot indices. Different from the second series, which further subdivides into A and B, no longer with Arabic numerals, the A series having faceted rectangular markers, and the B series faceted pointed rectangular markers. The watch in Hong Kong is from 1953 — the later one of the two, marked with an estimate of USD 154,000-308,000. The one in New York is from 1951, marked with an estimate of USD 250,000-350,000.
Hong Kong Watch Auction: SEVEN
27 November 12pm HKT
Mandarin Oriental Hong Kong
5 Connaught Road, Central, Hong Kong (map)
New York Auction: STYLED. Timeless Watches & How to Wear Them
5 December 6pm EST
450 Park Avenue, New York (map)
Viewing 30 November – 5 December
Friday-Saturday 10am-6pm
Sunday 12pm-6pm
Monday-Tuesday 10am-6pm
Wednesday 10am-2pm