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Fellows and Sons | Established 1876
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Vintage Patek Philippe Ref. 1579 could fetch £65,000 at auction

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July 23, 2019

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An extremely rare Patek Philippe could fetch in excess of £65,000 at Fellows Auctioneers. Lot 185 in Fellows’ upcoming Watch Sale, taking place on Tuesday 13th August 2019, is the 18ct yellow gold chronograph wrist watch which has been dubbed “spider lugs” due to its unusual back. The lugs on the watch are unique and intriguing in their size and spider-esque appearance. It is rare to find one in such good condition. The watch, reference 1579, dates back to 1952 and is estimated at £55,000 – £75,000.

This yellow gold Patek Philippe has a larger diameter (36mm) than the majority of vintage pieces, which complements its appearance. Along with the rare, alluring lugs which gained the watch its “spider” nickname, the vintage timepiece comes with Patek Philippe Extract from the Archives – detailing its history. A similar watch was sold by Sotheby’s for 87.500 USD in December 2017.

Patek Philippe

Lot 185 – PATEK PHILIPPE- an extremely rare and significant gentleman’s 18ct yellow gold chronograph wrist watch.

The watch has a signed manual wind movement, and is numbered 868278. It has 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. Lot 185 in the upcoming Watch Sale, the Patek is fitted to an unsigned black crocodile strap with a gold plated pin buckle.

Laura Bishop, Watch Manager at Fellows Auctioneers, said: “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. 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.”

The Watch Sale is now available to view online and in person at the following times:

6 August 2019 12noon – 7pm (London)

10 August 2019 11am – 4pm (Birmingham)

12 August 2019 10am – 4pm (Birmingham)

13 August 2019 8.30am – 11am (Birmingham)

Photo identification is required to gain access to the viewing.