Exclusive Timepieces 22 –⁠ 23 April 2023 | Monaco

Auction Details

The Monaco Legend Group team has put together an astonishing selection of rarities in the horological field. From the Unique Piece Rolex Yachtmaster, former property of the late President of Rolex Patrick Heiniger, to an outstanding example of the Patek Philippe 2523-1. Not to mention the great selection of rarities destined for Middle Eastern market, such as a Rolex Submariner and Daytona from the Sultanate of Oman and a steel Daytona with UAE emblem on the dial.
Many thanks to Auro Montanari, alias John Goldberger, Roberto Randazzo and George Pakkos for their significant help in supervising the catalogue and to Eric Tortella for his assistance in searching for some of our rarest Patek Philippe watches in his database and releasing his passport of authenticity for them.


Session I: Saturday 22 April, 2:30 PM – lots 1 to 100
Session II: Sunday 23 April, 10:30 AM – lots 101 to 164
Session III: Sunday 23 April, 2:30 PM – lots 165 to 261

178 Patek Philippe Elegant and Precious, Golden Ellipse, Wristwatch in White Gold, Emerald Bezel, Retailed by Gübelin, Reference 3377/1

Estimate: € 7,000 –⁠ 14,000

Sold € 15,600

Model: Golden Ellipse
Reference: 3377/1
Case Material: White Gold
Bracelet Material: White Gold
Year: 1970's
Movement: Manual
Caliber: 13.5
Case N°: 2 678 528
Movement N°: 996 640
Dimensions: 21 x 23
Signed: Dial, Case and Movement
Accessories: Extract from the Archives

The Golden Ellipse model by Philippe, launched in 1968, has the typical shape that fits perfectly to the male and female wrist. Its initial very minimalistic and extremely elegant design immediately conquered the public and became one of the most popular models on the market. The rounded rectangular shape case was designed with the influence of the “Golden Ratio”, discovered by ancient Greek mathematicians and whose “divine” proportions can be found in some of the most beautiful architectural monuments and artistic masterpieces throughout the centuries. Over the year many different versions of this model have been produced, featuring various dials and materials. A highly developed market sector was the female one which led to the creation of the specimen offered here. Small and extremely elegant, this gem perfectly adorns any feminine wrist. The integrated bracelet in white gold with a delicate geometric decoration connects with the minute case decorated with a special ring set with brilliant cut emeralds. The clean silver dial with baton applied indexes in black is completed and further embellished by the famous retailer Gübelin, opened to the public in Lucerne since 1854.