Golden times:
Patek Philippe's iconic 2499 watch

On 7 June at 6pm CET, a very special Patek Philippe timepiece will go under the hammer at Auctionata's watch auction.
The 2499 wristwatch first appeared on the market in 1951 and is one of the rarest and most sought-after watches in the world. The starting price is €180,000.

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A rare moment in time...

This Patek Philippe 2499 second series watch is one of the Swiss watchmaker's most prized timepieces.

Over the last ten years, only seven 2499 watches from the second series have gone under the hammer at major auction houses. Around three to five further watches have been sold through other channels.

The 2499 watch is one of the rarest and most sought-after timepieces by Patek Philippe. A total of 349 was made over a period of 35 years, ending in 1985. The majority, like this watch, are in yellow gold. A simple calculation shows how extraordinary and rare this piece is: the manufacturer produced an average of just nine watches per year.

The total 349 watches are divided into four individual series. This watch is from the second series, which is the second rarest after the first.

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Patek Philippe Ref. 2499, 2. Series, Auctionata Auction No. 7
Patek Philippe Ref. 2499, 2. Series, Auctionata Auction No. 7

The Patek Philippe Ref. 2499: A game-changer for the watchmaking industry

Patek Philippe Ref. 2499, Extract from Register
Patek Philippe Ref. 2499, Extract from Register

Introduced in 1951, the Patek Philippe 2499 thoroughly merits its status as one of the most significant watches ever made. The 2499 is the direct successor to the famous 1518, which was the world's first wristwatch to combine a perpetual calendar with a chronograph in serial production. The complexity of the perpetual calendar is rooted in the innovative manufacturer's history. The company, which was founded by Polish Adligen Antoine Norbert Graf de Patek and watchmaker François Czapek in 1839, built the very first perpetual calendar in 1925.

It was only last year that Patek Philippe launched the spiritual successor to the 2499 in the form of the 5270, equipped with the manufacturer's own first in-house chronograph movement.

All of the above reasons make the Patek Philippe 2499 a collector's watch of the highest quality, a unique piece, and a game-changer for the watchmaking industry.

The Caliber 13‘‘‘ Q – facts & figures

Clock work view, caliber 13, Patek Philippe Ref. 2499
Clock work view, caliber 13, Patek Philippe Ref. 2499

The Caliber 13‘‘‘ Q by Patek Philippe was designed in 1930 and revised many times. The column chronograph combined with a perpetual calendar makes it a rarity for its time. The use of the Caliber 13 in the 2499 watch puts durability and top quality workmanship on clear display.

The piece is set with over 23 stones and is generally in good, regularly maintained condition. It bears the Geneva seal. This Patek Philippe 2499 is in generally excellent, authentic condition. The face is almost untouched, in very good, clear condition, with a fully intact patina. All functions are clear and undamaged. Some small specks are visible to the top area. The timing is correct. It is coated with an ivory coloured patina appropriate to its age, with the edges of the dial in original condition, unaffected by cleaning or restoration.

The housing has marks of wear and tear appropriate to its age; however, it has clearly been handled with care. The winder and knobs are in original condition with appropriate marks of wear. The winder bears the Patek Philippe logo.

The condition of this watch makes it a truly unique piece with sentimental value. Its present condition is classed as authentic and historic to the highest degree.

According to information provided by the first owner, who always wore it as a collector and had it professionally serviced every two years, the watch was purchased on Zurich's exclusive shopping street. A genuine archive extract from Patek Philippe is available.

Patek Philippe: A family business

Patek Philippe is today's most significant independent watchmaker from Geneva, Switzerland.

In 1839, Antoni Patek and Francois Czapek founded Patek, Czapek & Cie in Geneva. In 1851, Adrien Philippe, who had previously worked on new watchmaking techniques, was made an official partner in the company.

It was bought by Charles and Jean Stern in 1932 and remains a family business. Today, Patek Philippe still stands for high quality and remains true to its enduring values of tradition, innovation, rarity, beauty, quality and fine workmanship.

The brand is one of the top three watchmakers in the world and is known in investor circles as a good alternative investment.

Patek Philippe, watch manufacture, Geneva
Patek Philippe, watch manufacture, Geneva

Nautilus 3800/003; Nautilus 4700/054; Minute repeater with Rattrapante, Caliber17
Nautilus 3800/003; Nautilus 4700/054; Minute repeater with Rattrapante, Caliber17

More Special Luxury Watches, Pocket Watches, Wrist Watches from the auction No. 7,
7 June 2013

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