An extremely rare Patek Philippe could fetch in excess of $80,000 when it goes under the hammer at Fellows’ Auctioneers next month.
Lot 185 in Fellows’ upcoming Watch Sale, taking place on August 13, the 18ct yellow gold chronograph wrist watch has been dubbed “spider lugs” due to its unusual back.
The watch, reference 1579, dates back to 1952 and is estimated to go for $68,000 – $93,000 (£55,000 – £75,000).
The yellow gold Patek Philippe has a diameter of 36mm, one larger than the majority of vintage piece, and comes with a Patek Philippe Extract from the Archives which details its history.
Laura Bishop, watch manager at Fellows, commented: “We are very honoured to have such a rare and special watch up for sale with us. In my time at Fellows we have never had such an exciting Patek Philippe watch go through one of our sales.”
Adding: “I can’t wait to see how it does in relation to the estimate we have put on it. The fact that it comes with an extract from the archive makes this watch an irresistible watch for collectors. I can’t wait to watch the bidding unfold for this extraordinary watch.”
It has a signed manual wind movement, a silvered sunburst dial with applied pyramid hour markers, arabic numeral six and twelve, subsidiary sunken recorder dials to three and nine, with an outer tachymeter track.
A similar watch was sold by Sotheby’s for $87,500 in December 2017.
The Watch Sale is now available to view online.