Live Auction 2610Important Watches
Patek Philippe. An 18k Gold Wristwatch with Black Dial
Lot 71 VARIOUS PROPERTIES

Patek Philippe. An 18k Gold Wristwatch with Black Dial

SIGNED PATEK PHILIPPE, GENEVE, REF. 1578GM, MOVEMENT NO. 730'832, CASE NO. 2'621'700, MANUFACTURED IN 1961

Closed14 December 2012

Price Realised

USD 13,750

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Patek Philippe. An 18k Gold Wristwatch with Black Dial
Signed Patek Philippe, Geneve, Ref. 1578GM, Movement No. 730'832, Case No. 2'621'700, Manufactured in 1961
Cal. 27 AM 400 mechanical movement stamped twice with the Geneva Seal, 18 jewels, black dial, applied Arabic and dagger numerals, subsidiary dial for constant seconds, circular case, downturned spider lugs, engraved snap on case back, case, dial and movement signed
35mm diam.

Specialist note

With Patek Philippe Extract from the Archives confirming production of the present watch in 1961 and its subsequent sale on December 8th of the same year.

To the best of our knowledge this watch has never before been offered in public.

In 1954 General Motors commissioned 20 Patek Philippe Reference 1578's for their top employees. These twenty 1578's are marked on the inside case back "1578GM", and were the only 1578's ever made that left the factory with a black dial. Each caseback is engraved GMC GMOO (General Motors Overseas Operation) and the employee's name.