Patek Philippe. An extremely fine and rare 18K gold openface two-train trip minute repeating keyless lever watch
Patek Philippe. An extremely fine and rare 18K gold openface two-train trip minute repeating keyless lever watch

SIGNED PATEK PHILIPPE, GENÈVE, MOVEMENT NO. 137'975, CASE NO. 260'354, MOVEMENT MANUFACTURED IN 1907, ENCASED AND SOLD IN 1949

Details
Patek Philippe. An extremely fine and rare 18K gold openface two-train trip minute repeating keyless lever watch
Signed Patek Philippe, Genève, movement no. 137'975, case no. 260'354, movement manufactured in 1907, encased and sold in 1949
Cal. 18''' nickel-finished two-train lever movement stamped HOX, 33 jewels, bimetallic compensation balance, micrometer regulator, minute repeating on two steel hammers onto two gongs, silvered matte dial, applied gold baton numerals, gold dauphine hands, subsidiary seconds, circular plain case, trip repeating through the crown, case, dial and movement signed
49 mm. diam.
Provenance
Formerly in the Theodor Beyer Collection
The watch was originally sold to Theodor Beyer at Antiquorum Hong Kong in May 1981, lot 162. It was purchased by the present owner at The Private Collection of Theodor Beyer auction, Antiquorum, Zurich, 16 November 2003, lot 126, and has remained in his collection until the consignment to this auction.

As the sixth-generation owner of one of the world's leading watch retailers, Theodor Beyer (1926-2002) was among the foremost figures on the international watch scene during the second half of the twentieth century. He was a broadly recognized scholar, an avid collector and brought together an exquisite range of timepieces that was to become the basis of the Clock and Watch Museum Beyer Zürich set up in 1970/71.

Born in 1926 into a family of watch dealers and watchmakers whose business has existed since 1760, Theodor was exposed to the world of horology from an early age. After training as a watchmaker in Solothurn, Switzerland and subsequently working for the Henry Stern Watch Agency in New York, the twenty-one-year-old Theodor joined the family business, Chronometrie Beyer, in 1947. Just eight years later upon the passing of his mother, he took charge of the firm, which has occupied the same building at Zurich's prestigious Bahnhofstrasse 31 for more than eighty years.

Theodor steered the family business through a period of transition in the watch industry when a shift in consumer tastes meant less demand for traditional pocket watches. Despite that change in the market, the firm prospered over time and Theodor enjoyed close ties and personal friendships with many of the figures behind the Swiss watch industry, including Hans Wilsdorf, the founder of Rolex, and the Stern family, owners of Patek Philippe. He also travelled widely to auctions over the years and continued to expand his collection of timepieces. He passed away in 2002. The business is now run by his son René Beyer.

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John Reardon
John Reardon

Lot Essay

With Patek Philippe Extract from the Archives confirming production of the movement of the present watch in 1907. It was encased and sold on 18 July 1949. Furthermore delivered with Patek Philippe original letter dated 1 February 1990 addressed to Mr. Beyer stating the same details and Antiquorum Certificate of Authenticity related to the sale of the watch during "The Private Collection of Theodor Beyer" auction in Zurich on 16 November 2003. The stamped HOX on the movement denotes watches for the export to North America, more precisely to the Henri Stern Agency in New York to which this watch was sold in 1949.

This two-train trip minute repeater is among Patek Philippe's esthetically most appealing, technically complex and, for collectors, desirable creation made during the mid-20th century. In fact, it combines a movement finished in 1909, the Golden Age of complicated pocket watches, and a case and dial design from the firm's post-war period, distinguished by its sober yet very elegant appearance.

Its movement features the rare and desirable tandem wound two train mechanism, one for the going and one for the repeating work. Traditionally, the repeating mechanism of a watch is activated by pushing a slide in the case band, thus winding and releasing it at the same time. The train of a trip repeater is wound in conjunction with the going train and released at will through a button in the crown. The advantages of this system are the clean lines of the case, the enhanced dust resistance and most importantly permitting the owner the activation of the repeat train many times at will from only one winding.

Preserved in very good, original overall condition and blessed with a prominent provenance, the present trip repeating watch is a wonderful example of this ultra-rare model.

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