VINTAGE WATCH SUNDAY 📖📖📖📖
Patek Philippe is quite rightly revered as one of the most accomplished high-end watch manufactures. Vintage Patek command serious prices, unsurprising as the quality of the movements is on another level. Couple this with aesthetics to die for and you can see why vintage Patek is so sought after.
If Patek is already so sought after, there is something that sends collectors into frenzy, steel. Steel Patek’s are so rare they fought over tooth and nail at auction. Now add in a large size and what you get is an astonishingly rare watch. Vintage steel ref 570 Calatrava now fetch between $100-150,000. (Euro 70-100,000).
What Ikazutime are proud to feature today is an exceptionally rare steel large size 35mm Calatrava with beautiful tear drop lugs powered by the beautiful calibre 12’120”.
One with a black dial and Breguet numbers was sold by Christies for CHF 385,000 in 2007 and more recently Philipp’s sold one in their 2016 auction for CHF52,500 with an Arabic numbers dial.
The version we feature today has a superb two-tone dial with enamel engravings for the minute markers. It is estimated that are no more than between 3 and 5 pieces made in this very sumptuous configuration. At Ikazutime we estimate that no more than 25 pieces in total were ever made- now that is a limited edition. All were made in the 1940’s and the reference was superseded by the reference 1513. This model also existed as a two-tone version with fold bezel and lugs the ref 1503/2 and as an all gold version ref 1509.
In our humble opinion this is a very rare and relatively unknown reference that has superior investment potential: if you can find one for sale. Our search found none for sale in steel. We estimate it to be around Euro 40-45,000.
Good luck in your hunt!