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

44 Vacheron Constantin Extremely Fine and Very Rare, Minute Repeating Wristwatch, in 18k Yellow Gold, Two-Tone Dial, With Box and Vacheron Constantin Certificate, Reference 4261

Estimate: € 200,000 –⁠ 400,000

Sold € 260,000

Model: Minute Repeater
Reference: 4261
Case Material: Yellow Gold
Bracelet Material: Leather Strap
Year: 1954
Movement: Manual
Caliber: 13
Case N°: 328 056
Movement N°: 501 908
Dimensions: 36 mm
Signed: Dial, Case and Movement
Accessories: Box and Vacheron Constantin Certificate
Literature: Sold at Christie's “An Evening of Exceptional Watches” 6 June 2019, as lot 13 for 356,250 USD

Vintage minute repeating wristwatches are among the rarest and most desirable trophies in the current collector market. From the 1930s thru the 1950s, due to the extreme cost and complexity of production, an exceedingly small number of minutes repeating wristwatches were made by an even smaller number of the finest houses. During the 1940s and 1950s, Vacheron Constantin produced a very small number of minutes repeating wristwatches under the reference number 4261. It is estimated that in total the brand manufactured fewer than 40 of pieces in yellow gold, pink gold and platinum combined, utilizing two different movements housed in two cases sizes (34 mm and 36 mm) with a variety of dial colors and designs. Due to its understated elegance and sophistication, it comes as no surprise that reference 4261 is considered to be among the most spectacular of all of Vacheron Constantin’s vintage production. Produced in 1954, the current example in yellow gold is in remarkably well-preserved condition: distinguished by its large 36 mm ultra-slim case housing an ultra-thin caliber and stylish teardrop lugs, this exceptional timepiece is certainly one of the most elegant minutes repeating wristwatches to have been made in the last 70 years. Production of reference 4261 is already very limited but the rarity of the present lot is further underlined by the fact that less than a third of the entire production utilized a 13″’ line movement housed in a 36 mm case. In addition to the large gold case with sculpted tear drop lugs, the current lot features a captivating and flawless two-tone dial. In truly extraordinary condition with a sharp and pronounced hallmark on the lug and a magnificent, strong tone, the current lot is an exceedingly rare opportunity to own one of the finest time only minutes repeaters ever manufactured by Vacheron.