Exclusive Timepieces & Jewels 17 –⁠ 18 July 2019 | Monaco

Auction Details

A Selection of Pure Vintage/Contemporary Timepieces and Rare Jewels. Our first auction with Davide Parmegiani.

Session 1 starting at 3 p.m.
Session 2 starting at 6 p.m.

209 Patek Philippe A fine and sought-after Patek Philippe ACUATIC reference 565 in pink gold with very rare pink dial and signature of the Uruguayan retailer Freccero

Estimate: € 22,000 –⁠ 40,000

Sold € 32,500

Lot Description

Model: Calatrava
Material: pink gold
Reference N°: 565
Year: 1947
Case N°: 640539
Caliber: 12'120
Movement N°: 960051
Bracelet: leather strap
Dimensions: 35 mm
Signed: case and movement signed by maker, dial signed by retailer
Accessories: Extract from the archives

Watches aficionados cannot remain unmoved by the sight of this amazing watch. The choice of the word “aficionados” isn’t accidental since on the dial, slightly above the subsidiary dial, stands out the signature of the Uruguayan Spanish language retailer Freccero. This jewelry, located in Montevideo, has very ancient origins from the time Francisco J Freccero bought it around 1870 by Oscar Spangerberg. But it was thanks to the relocation of the business in 1908 to Via 25 de Mayo, also in the Uruguayan capital, that it reached the peak of notoriety, remaining for 107 years one of the most renowned Patek Philippe retailers in Uruguay and throughout South America. The excellent condition of this reference 565 with waterproof case in 18k rose gold, complemented by a beautiful pink dial with applied gold dagger and dot numerals can certainly not go unnoticed and fully appreciated by any watches lover. Moreover, very important to emphasize the unusual “ACUATIC” inscription that is featured at 6 o’clock referring to its water-resistant case which makes it a superb example for the discerning collector. For its beautiful and contemporary design of the case, this watch has been fount of inspiration for many modern models and still remains one of the most appreciated by the whole Patek Philippe panorama. For a similar model please also see lot 209 in this catalogue.

With Patek Philippe Extract from the Archives confirming production of the present watch in rose gold with applied gold hour markers in 1947 and its subsequent sale on June 13th 1947.