PATEK PHILIPPE. AN EXTREMELY FINE AND VERY RARE, 18K PINK GOLD OPENFACE MINUTE REPEATING PERPETUAL CALENDAR CHRONOGRAPH KEYLESS LEVER WATCH WITH PHASES OF THE MOON, MADE FOR THE AMERICAN MARKET
PATEK PHILIPPE. AN EXTREMELY FINE AND VERY RARE, 18K PINK GOLD OPENFACE MINUTE REPEATING PERPETUAL CALENDAR CHRONOGRAPH KEYLESS LEVER WATCH WITH PHASES OF THE MOON, MADE FOR THE AMERICAN MARKET
PATEK PHILIPPE. AN EXTREMELY FINE AND VERY RARE, 18K PINK GOLD OPENFACE MINUTE REPEATING PERPETUAL CALENDAR CHRONOGRAPH KEYLESS LEVER WATCH WITH PHASES OF THE MOON, MADE FOR THE AMERICAN MARKET
PATEK PHILIPPE. AN EXTREMELY FINE AND VERY RARE, 18K PINK GOLD OPENFACE MINUTE REPEATING PERPETUAL CALENDAR CHRONOGRAPH KEYLESS LEVER WATCH WITH PHASES OF THE MOON, MADE FOR THE AMERICAN MARKET
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PATEK PHILIPPE'TRIPLE COMPLICATION' FOR BAILEY, BANKS & BIDDLE, PHILADELPHIA
PATEK PHILIPPE. AN EXTREMELY FINE AND VERY RARE, 18K PINK GOLD OPENFACE MINUTE REPEATING PERPETUAL CALENDAR CHRONOGRAPH KEYLESS LEVER WATCH WITH PHASES OF THE MOON, MADE FOR THE AMERICAN MARKET

SIGNED PATEK PHILIPPE & CO, GENEVE, BAILEY, BANKS & BIDDLE, PHILADELPHIA, MOVEMENT NO. 90'199, CASE NO. 206'193

Details
PATEK PHILIPPE. AN EXTREMELY FINE AND VERY RARE, 18K PINK GOLD OPENFACE MINUTE REPEATING PERPETUAL CALENDAR CHRONOGRAPH KEYLESS LEVER WATCH WITH PHASES OF THE MOON, MADE FOR THE AMERICAN MARKET
SIGNED PATEK PHILIPPE & CO, GENEVE, BAILEY, BANKS & BIDDLE, PHILADELPHIA, MOVEMENT NO. 90'199, CASE NO. 206'193
Movement: cal. 19''', manual, fully jewelled, repeating on two polished steel hammers onto two gongs, signed
Dial: white enamel, signed by the retailer
Case: four-body, repeating slide in the band, chronograph button in the crown and locking slide in the band at 11 o’clock, Approx. 53.5 mm. diam., signed
With: Patek Philippe Extract from the Archives confirming production of the present watch in pink gold in 1890 and its subsequent sale on 23rd July 1891
Literature
For an exploration of Patek Philippe’s relationship with the American market see: Patek Philippe in America: Marketing the World’s Foremost Watch, John Reardon, 2008.

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Remi Guillemin
Remi Guillemin Head of Watches, Europe and Americas

Lot Essay

It is most unusual for such a highly-finished precision watch by Patek Philippe to bear only the name of the retailer on the dial. However, Bailey, Banks and Biddle of Philadelphia were rather an important agent of Patek Philippe, by the 1880s the company was second only to Tiffany & Co. Of New York.

This Patek Philippe ‘triple complication’ watch is one of the masterpieces of watchmaking for which the company has become justly famous, it combines in one watch the three complications for which Patek Philippe is most admired – minute repeating, perpetual calendar and chronograph. It is particularly notable in being an early example of a Patek Philippe perpetual calendar watch and in being fitted in an openface case rather than the more usual hunting case used at this period.
Between 1889 with the patent of the perpetual calendar mechanism and 1904, Patek Philippe patented many mechanisms used in its watch movements. This was an extremely important period in the company’s history when its reputation as the maker of the finest, most complicated, functional and attractive watches in the world was becoming firmly established. Most of Patek Philippe’s highly complicated movements and special projects were constructed using ebauches supplied by the legendary maker Victorin Piguet & Cie of Le Sentier, the present watch is no exception. The firm supplied most of the ébauches for complicated movements, including tourbillons, single button and split seconds chronographs, repeaters and perpetual calendars, exclusively to prestigious firms like Patek Philippe.

The three complications found in the present watch were first brought together in one watch in the mid-1870s. Only a very small number of these Patek Philippe ‘triple complication’ watches are known publicly or have ever been offered for sale at auction. A great prize of exceptional quality, the present watch would make an impressive addition to any serious watch collection.

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