Patek Philippe. A fine and rare 18K gold and diamond-set square automatic wristwatch
Lot 255

Patek Philippe. A fine and rare 18K gold and diamond-set square automatic wristwatch

SIGNED PATEK PHILIPPE, GENÈVE, REF. 2540, MOVEMENT NO. 765'219, CASE NO. 2'602'983, MANUFACTURED IN 1957

Closed16 May 2011

Price Realised

CHF 35,000

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Patek Philippe. A fine and rare 18K gold and diamond-set square automatic wristwatch
Signed Patek Philippe, Genève, ref. 2540, movement no. 765'219, case no. 2'602'983, manufactured in 1957
Cal. 12-600 AT circular nickel-finished lever movement stamped twice with the Geneva seal, 30 jewels, 18K gold rotor, silvered matte dial, applied diamond-set square and baton numerals, subsidiary seconds, square case, stepped bezel, downturned angular lugs, snap on back, 18K gold Patek Philippe buckle, case, dial and movement signed
31.5 mm. wide

Specialist note

With Patek Philippe Extract from the Archives confirming production of the present watch with diamond hour markers in 1957 and its subsequent sale on 12 September 1958.

Reference 2540 was in production between 1954 and 1960 and was Patek Philippe's first square wristwatch fitted with an automatic movement. The model was also available with mechanical movements calibre 12'''400, ref. 2540/1, and calibre 27 SC with sweep centre seconds, ref. 2540/2.

The present watch is believed to be the only example of a reference 2540 with applied diamond hour markers, confirmed by the Extract from the Archives, to appear in public to date.