Patek Philippe Calatrava Ref.2500 18ct Pink Gold 1954

Patek Philippe

Simply the finest watch money can buy.

Even today, Patek Philippe’s extraordinary care and commitment towards perfection means it takes almost year to manufacture even its simplest watch movement.

Significant moments in watchmaking since 1839 …

– 1839 Antoine Patek began producing about 200 high-quality pocket watches per year
– 1845 Patek & Co. Partnership founded in Geneva with Jean Adrien Philippe, Technical Director
– 1846 Tiffany & Co. New York, Tiffany appoints Patek Philippe as its principal supplier of pocket watches
– 1857 Universal Exposition, London, Queen Victoria and Prince Albert buy a timepiece, shooting Patek to international fame
– 1867 the company produces the world’s first wristwatch
– 1927 the company produces the world’s first perpetual calendar wristwatch
– 1941 the company produces the world’s first perpetual calendar chronograph wristwatch
– 1962 the company produces the world’s first automatic, perpetual calendar wristwatch

It is said that fewer than 1 million Patek Philippe watches have been made since the first watch was completed in 1839. That is fewer than some high-end Swiss manufacturers (notably Rolex) produce in one year. In fact, the company limits itself to producing less than 50,000 watches per year, even though it is estimated by watch market analysts, the company could sell ten times this figure. Patek production is so detailed, it takes almost a year to complete its most basic watch and more than two years to produce some of the more complicated timepieces.

Patek’s vintage complications hold more world record prices at auction than any other brand. Landmark models include the model ref. 1518; the world’s first serially produced perpetual calendar chronograph and its successor, the model ref. 2499. Other famous models include perpetual calendars such as the model refs. 1526, ref. 3448 and 3450.

We, of course, associate Patek Philippe with the very best, but particularly, the understated elegance, craftsmanship, heritage, exquisite design, perfection and total confidence and commitment in everything it does.

Description

A wonderful 18ct pink gold Patek Philippe with a subsidiary seconds dial from 1954. At 34mm in diameter, excluding the correct Patek Philippe signed crown, this would have been a good sized watch for this period. This dial has been previously restored and looks simply stunning.

The Dial

Please take a good look at the outstanding condition and classic beauty of this previously restored dial. Simple, symmetrical and perfectly well balanced. The dial carries applied gilt mixed ‘pyramid’ hour indices along with ‘pencil’ hour indices at ‘3 – 6 – 9 – 12’, which are matched by the original ‘Index’ hands. The dial also carries a perfectly proportioned subsidiary seconds dial just above 6. All of these features stand out beautifully and make the watch very easy to read when upon the wrist.

The dial is simply signed ‘Patek Philippe’ and ‘Geneve’ just below 12.

This dial has been previously restored to a very high standard, yet remains in outstanding condition.

The Movement

As can be seen, this movement is in spectacular condition. The Geneva wave finishing on the bridge and plates and the bevelled edging throughout was all applied by hand, almost 80 years ago, and looks as beautifully bright and fresh today as one could ever wish. This movement is in A1 condition, indicating this watch has been properly cared for and regularly serviced.

The movement has been fully overhauled and serviced by a Master Watchmaker. This means dismantling the movement to each of its component parts, careful inspection under high magnification, replacement where necessary with only genuine parts, then careful reassembly and adjustment, before final calibration in 5 positions. The movement winds sets and runs accurately and reliably and at final testing and calibration, it was running within +9 seconds per day, averaged over 5 positions. This is outstanding for any watch of this age. We are therefore highly confident in offering our 12-month warranty* with this watch.

The movement is all correctly signed, ‘Patek Philippe & Co.’, ‘Geneve Swiss’ and ‘Eighteen (18) Jewels’ with the Calibre number 12-400 and the movement serial number 721946, which dates this watch to 1954.

*Please note – our 12 months’ warranty is only applicable if the full list price is paid.

The Watch Case

At 34mm in diameter, excluding the correct Patek Phillipe signed crown, this was a good sized Patek Philippe dress watch for the period. The watch has beautiful swept-back lugs which add presence and look wonderful on the wrist. This case is in incredible condition, there is no dings, marks or scratches at all, this watch is in the same condition as it would of been the day it was first made.

The condition of the three-piece case is outstanding, indicating the watch has seen only very light use and proper care. It is as sturdy and tight as the day it was made with all parts pressing together with a very firm click. There are no scratches, other marks, or signs of wear visible to the unaided eye.

Inside the case, the case-back all is signed correctly and as expected, ‘Patek Philippe & Co.’, ‘Geneve’, ‘Swiss’, with Swiss 18ct hallmarks, the inside of the case-back also has the model reference number 2509 and the correct serial number 679016.

As always, our standard advice applies: vintage watches should be kept clean and dry at all times.

The Strap and Buckle

The watch is fitted with a genuine Patek Philippe brown alligator strap with a genuine Patek Philippe 18ct pink gold buckle. However, if a different colour or style of strap is preferred, please let us know and we will do our best to oblige free of charge. We carry tan, conker, dark brown and black straps in stock in plain padded leather, crocodile skin or lizard skin. We can also obtain most types and colours from our partners at ‘Watch Obsession’ within 48hrs.

The Box and Papers

Although there are no original papers with this watch, the reference numbers, markings, signatures and hallmarks are all correct, dating this watch to 1954.

Detailed particulars will be included with our purchase receipt for your interest and security. A separate insurance valuation for the replacement value of this watch will be provided at the time of sale along with our unique ‘Lifetime Authenticity Guarantee’ which states: “If this watch proves to be anything less than 100% genuine, authentic and original, a full refund will be given at any time”.

This watch comes complete with a Patek Philippe presentation box as shown in the photographs.

Payment and Delivery

If you would like to pay by bank transfer, we will be pleased to assist you with this. Similarly, if you wish to pay by International SWIFT or Bank Wire Transfer we will provide you with our BIC / Swift number and our IBAN number.

Please check the import duties and any taxes your government may apply, these are different for each country and, unfortunately, out of our control.

We understand there may be some ‘loopholes’ that may help you avoid these charges; however, attempting to use these could impact our ongoing ability to serve our growing international customer base.

For those who happen to visit London on occasion, we are, of course, more than happy to store your watch until we can meet you in our offices in Kensington, London, and hand your watch directly to you there.

As with all our watches, this watch will be sold under our 14 days no-quibble sale or return policy.

In Conclusion

Here we have a truly desirable vintage gold dress watch from horology’s most revered name which is truly a thing of beauty – to wear, use, treasure and enjoy. It will also make an excellent investment and family heirloom piece. Even though Patek prices continue to rise, we still feel outstanding examples such as this remain undervalued, particularly compared to the price of a new Patek Philippe.

In addition to being perfectly practical for everyday use, this watch will make an excellent investment and heirloom piece, as well as be something wonderful to use, wear, treasure and enjoy! Even though vintage gold Omega watch prices continue to climb, we still feel sure that top class examples such as this are underpriced. This is because as time passes and the world market for vintage gold Omega watches continues to grow, limited supply means prices will inevitably climb ever higher.

A word on our prices – We always try our hardest to acquire the very highest quality watches we can find, before restoring them to the highest possible standards. We then offer these at the fairest prices we can, taking into account our pre and post-sales care and service. This approach means we will never be the cheapest, but nor will we be the most expensive. Indeed there are some well-known stores in West London which are highly successful charging between two to three times the price you see here. We, therefore, consider our prices to be fair, given the quality of watches we have to offer.

Please note, we also welcome part exchanges. If you have a watch or a small collection for sale, please contact us as we will be happy to discuss this.

We will also be happy to Service your watch, Repair your watch or Restore your watch, all at ‘sensible’ prices. Please see here.

If you have any questions please call us on 020 7727 7095 or if calling from overseas on +44 207 727 7095.

Please take a look at our other fine vintage gold watches.

Thank you.