PATEK PHILIPPE, 18K PINK GOLD, CHRONOGRAPH, TWO-TONE DIAL, RETAILED BY SERPICO Y LAINO, CARACAS, REF. 1463

Sold
$ 600 000
Auction dateClassic
10.12.2020 10:00UTC +01:00
Auctioneer
CHRISTIE'S
Event location
United Kingdom, London
Archive
The auction is completed. No bids can be placed anymore.
Archive
ID 461169
Lot 74 | PATEK PHILIPPE, 18K PINK GOLD, CHRONOGRAPH, TWO-TONE DIAL, RETAILED BY SERPICO Y LAINO, CARACAS, REF. 1463
Circa: 1950
Movement: Manual, Cal. 13’’’, 23 jewels, protective dust cap
Dial: Silvered
Case:18k pink gold, screw back stamped S, 35mm. diam.
Buckle: Patek Philippe 18k pink gold buckle
Accompanied By: A Patek Philippe Extract from the Archives confirming the present watch was manufactured in 1950 and date of sale on June 28, 1951

ψ Please note the endangered species strap is shown for display purposes only and is not for sale. Upon sale, this watch will be supplied to the buyer with a non CITES strap (not shown). For further information please refer to the Conditions of Sale.

º ♦ Where Christie’s has provided a Minimum Price Guarantee it is at risk of making a loss, which can be significant, if the lot fails to sell. Christie’s therefore sometimes chooses to share that risk with a third party who agrees prior to the auction to place an irrevocable written bid on the lot. If there are no other higher bids, the third party commits to buy the lot at the level of their irrevocable written bid. In doing so, the third party takes on all or part of the risk of the lot not being sold. Lots which are subject to a third party guarantee arrangement are identified in the Sale Particulars with the symbol º ♦. In most cases, Christie's compensates the third party in exchange for accepting this risk. Where the third party is the successful bidder, the third party's remuneration is based on a fixed financing fee. If the third party is not the successful bidder, the remuneration may either be based on a fixed fee or an amount calculated against the final hammer price. The third party may also bid for the lot above the irrevocable written bid. Where the third party is the successful bidder, Christie's will report the purchase price net of the fixed financing fee. Third party guarantors are required by us to disclose to anyone they are advising their financial interest in any lots they are guaranteeing. However, for the avoidance of any doubt, if you are advised by or bidding through an agent on a lot identified as being subject to a third party guarantee you should always ask your agent to confirm whether or not he or she has a financial interest in relation to the lot.



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