Patek Philippe 1921 Open Face Pocket Watch Yellow Gold 18k
11 October 2019
Description

Extract from the Archives of Patek Philippe Type of watch: Wristwatch Movement No:803.146 Calibre: 17'"; lever escapement, extra thin Case No: 409.007 Style: Open-face, yellow gold 18k Type of Dial: Gilded dial, Dauphine numerals, railway minute track, subsidary second hand Date of Manufacture: 1921 Date of Sale Nov 25th, 1924 Remarks: Chiselled caseband and bezel decorated with black and red enamel

Provenance

Unknown, in father's belongings.

Acquired from
Inherited
For sale
Yes
Answered within about 9 hours
By David
Oct 11, 19:55 UTC
Fair Market Value
$4,500 - $5,000 USD
Insurance Value $0 USD
What does this mean?

Hello Jeffrey,
Thank you for sending in this Patek Philippe pocket watch to mearto.com for an appraisal. I shall try to help you with that today.
TITLE:
Gent’s, Art Deco, 18k yellow gold and red/black enameled, pendant wound and set, keyless, open face pocket watch, S/N 803.146, Case no. 409.007, made by Patek Philippe, Geneva, Switzerland, circa 1924.
DESCRIPTION:
CASE – This is a three leaf, polished 18k yellow gold, open face pocket watch in an Art Deco designed case with a gold fluted suppressed ball pendant and shaped embossed gold bow placed at the twelve position, polished back cover (not shown) with the case border being 18k solid gold chased in a foliate pattern along with black and red enameling. The interior of the back cover reveals the 18k gold mark with the Swiss gold hallmark for same, i.e. Helvetia in profile. Case number is 409007. . .
DIAL – Gilt metallic dial with enameled stylized Arabic hours, closed bar minute track to the outside, sunken subsidiary seconds dial @6, steel Antique Breguet hands and the upper dial signed, “Patek Philippe & Cie, Geneva, Switzerland”. . .
MOVEMENT – This is a nickel half plate and curved finger bridge movement, 17’’’ size,
The plates are linear damascene decorated, 18 jewels, calibrated straight line lever escapement, cut-bimetallic compensation balance with gold adjustment screws, blued steel Breguet balance spring, index regulator, gilt engraved, “18 jewels, 8 adjustments, no. 803146, Patek Philippe & Co., Geneva, Switzerland”. . .
CONDITION: Case – Modest scratches to the interior of the cover while the back of case is not shown. Handsome gold chased edge case. Dial – Some patchy darkening of the left three quarters of the dial, likely from oxidation, will bring down the final price a bit. Movement – Excellent, genuine, original and functional. Overall in very good condition. .
EXTRACT FROM THE PATEK PHILIPPE ARCHIVES:
Wristwatch Movement No:803.146 Calibre: 17'"; lever escapement, extra thin Case No: 409.007 Style: Open-face, yellow gold 18k Type of Dial: Gilded dial, Dauphine numerals, railway minute track, subsidiary second hand Date of Manufacture: 1921 Date of Sale Nov 25th, 1924 Remarks: Chiseled case band and bezel decorated with black and red enamel. . .
COMPARABLES:
~https://www.liveauctioneers.com/item/65817933_54408-patek-philippe-art-deco-enamel-and-gold-pocket-wat (old for $3200 in 2018)
~https://www.barnebys.com/realized-prices/lot/patek-philippe-art-deco-pocket-watch-enamel-and-yellow-gold-patek-philippe-and-cie-geneve-no-811994-case-no-290501-made-circa-1925-ujuFzJ0wZ (sold for $5200 in 2016)
~https://catalog.antiquorum.swiss/en/lots/unsigned-lot-300-235?browse_all=1&page=1&q=Patek+Philippe+gold+pocket+watch+1920s (sold for $2600 in 2016)
~https://www.invaluable.com/auction-lot/patek-philippe-2c44f0e9b8 (passed at $5500 in 2019)
~https://www.invaluable.com/auction-lot/pocket-watch-patek-philippe-gold-enamel-art-dec-8004304be3 sold for 5000 Euros in 2019)
~https://www.invaluable.com/auction-lot/patek-philippe-cie-18k-art-deco-pocket-watch-203465ea7a (passed at $2000 in 2017)
In my opinion, in today’s market, this Patek pocket watch, in a classically Art Deco designed case with a superb movement and overall in very good condition, should sell in a range between $4500-$5000.
I hope that has been of some help to you, and thank you again for using mearto.com.
My best,
David

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