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

212 Patek Philippe Well Preserved and Extremely Rare, Calatrava, Automatic Wristwatch in White Gold, Diamond-Set Dial, With Extract From the Archives, Retailed by Serpico y Laino, Reference 2551

Estimate: € 90,000 –⁠ 180,000

Sold € 162,500

Model: Calatrava
Reference: 2551
Case Material: White Gold
Bracelet Material: Leather Strap
Year: 1956
Movement: Automatic
Caliber: 12–600
Case N°: 698 126
Movement N°: 764 165
Dimensions: 35.5 mm
Signed: Dial, Case and Movement
Accessories: Extract from the Archives

This model, reference 2551, was produced from 1954 until 1960. The lot here offered has a very elegant case with fluted lugs, stepped concave bezel and screwed down case back. The material used is 18k white gold that has maintained its quality throughout all these years with sharp edges and very clear crown. This model features the 12–600 movement, an engineering marvel which made its debut at the 1953 Basel Fair. The dial is perfect with matte silver background, applied diamond set cut indexes and a baguette at 3, 9 and 12, outer minutes divisions pelage, subsidiary seconds dial and white-gold dauphine hands. Moreover the dial presents a signature in the middle: the Serpico y Laino retailer that matches the case back, engraved by the retailer stamp too. In business since 1925 and based in Caracas, Venezuela, the famous shop has had the privilege of stamping their name on vintage Rolex or Patek watches, obtaining the exclusive right to sell it in Venezuela. Accompanied by a Patek Philippe Extract from the Archives confirming production of the present watch in white gold in 1956 and its subsequent sale on 15 November 1957, the present lot is possibly the only one known at the moment with this precious signature in white gold.