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PATEK PHILIPPE & CO. GENEVE NO. 863791, REF. 1563 MANUFACTURED IN 1946 A MAGNIFICENT AND VERY IMP...
Currency:EUR
Category:Everything Else / Other
Start Price:NA
Estimated At:700,000.00 - 900,000.00 EUR
NOT SOLD (BIDDING OVER)
0.00EUR+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2002 May 13 @ 08:00UTC-8 : PST/AKDT
PATEK PHILIPPE & CO. GENEVE NO. 863791, REF. 1563 MANUFACTURED IN 1946 A MAGNIFICENT AND VERY IMPORTANT GOLD SPLIT-SECONDS CHRONOGRAPH WRISTWATCH WITH COUNTER, TACHOMETER AND WATERPROOF CASE 18K, NICKEL LEVER MOVEMENT, BIMETALLIC COMPENSATION BALANCE, 25 JEWELS, EIGHT ADJUSTMENTS, STEEL DUST COVER, SILVERED DIAL, APPLIED ARABIC AND BATON NUMERALS, two SUBSIDIARY DIALS FOR CONSTANT SECONDS AND 30-MINUTES COUNTER, OUTER SCALE CALIBRATED FOR TACHOMETER, SPLIT-SECONDS mechanism ACTIVATED THROUGH THE CROWN, CIRCULAR CASE WITH SCREW-DOWN BACK, WITH GOLD PATEK PHILIPPE BUCKLE SIGNED ON MOVEMENT, CASE AND DIAL, NUMBERED ON MOVEMENT AND CASE DIAMETER 35 MM chf 1,200,000-1,500,000 - $ 700,000-900,000 THIS WATCH IS ACCOMPANIED BY AN EXTRACT FROM THE ARCHIVES CONFIRMING ITS MANUFACTURE AND SUBSEQUENT, SALE IN 1948 and a letter stating that it was sold to duke ellington. not withstanding its EXQUISITE PROVENANCE, THE PRESENT WATCH IS BEYOND DOUBT ONE OF THE MOST IMPORTANT AND DESIRABLE WRISTWATCHES BY PATEK PHILIPPE EVER OFFERED AT AUCTION. PATEK PHILIPPE'S SPILT-SECONDS CHRONOGRAPHS WERE ALWAYS PRODUCED AS NON WATERPROOF MODELS, RECOGNISABLE BY THE FLAT CHRONOGRAPH PUSHERS AND THE TRADITIONAL SNAP BACK. THIS WATCH HOWEVER IS FITTED WITH A WATERPROOF CASE FEATURING ROUND PUSHERS, A SCREW-BACK AND STEEL DUST COVER, CONSTRUCTION ELEMENTS KNOWN FROM THE REFERENCE 1463, PATEK PHILIPPE'S CLASSIC WATER-PROOF CHRONOGRAPH. WHEN COMPARING THE SIMPLE WATERPROOF CHRONOGRAPH WITH THE PRESENT WATCH, IT IS IMPORTANT TO MENTION THAT THE REFERENCES, 1463 and 1563 RESPECTIVELY, VARY BY ONE digit. THE CASE OF REFERENCE 1463 HOWEVER WAS NOT DESIGNED TO HOUSE A SPLIT-SECONDS CHRONOGRAPH MOVEMENT, RESULTING IN THE NECESSITY OF CHANGING THE PROPORTIONS OF THE CASES BACK. DUE TO THE LARGER DIMENSIONS OF THE MOVEMENT THE PROFILE OF THE WATCH CHANGED AND GIVES IT A THICKER LOOK (SEE ILLUSTRATION ON PAGE 73). IT APPEARS LOGICAL THAT PATEK PHILIPPE CHOSE TO GIVE THIS NEW CREATION ITS OWN REFERENCE NUMBER, 1563, VERY MUCH REMINiscent OF ITS BASE MODEL. Edward Kennedy (Duke) Ellington was born April 29, 1899, in Washington, D.C., the son of James Edward and Daisy Kennedy Ellington. More inclined as a child to baseball than to the piano, Duke got his first job selling peanuts at Washington Senators games. At 14, he started sneaking into Frank Holliday's poolroom and listening to ragtime. It was Philadelphia pianist Harvey Brooks who inspired him to play. His first gigs were at clubs and cafes in Washington. Three months before graduation, he dropped out of school to form The Duke's Serenaders, performing for society balls and embassy parties. He married Edna Thompson and in March 1919, Mercer Kennedy Ellington was born. In 1923 Duke moved to New York and made his first recording. With his renamed band, The Washingtonians, he appeared at such venues as the Exclusive Club, Connie's Inn, and the Hollywood Club. Thanks to the new medium of radio, they were broadcast live across the nation on From the Cotton Club. In the course of his 50-year career, Duke Ellington and his band made over 20,000 appearances from New York to New Delhi, playing with such artists as Miles Davis, Dizzy Gillespie, Ella Fitzgerald, Tony Bennett, and Louis Armstrong. He was awarded the Presidential Medal of Freedom and the French Legion of Honour. Ellington died in 1974, but his many classic compositions--including Rockin' in Rhythm, Satin Doll, New Orleans, Take the 'A' Train, and Crescendo in Blue-- will continue to be heard for generations to come. biography of duke ellington copyright CMG Worldwide Inc., WWW.CMGWW.COM
Auction Location:
Switzerland
Previewing Details:
May 10 10:00AM to 6:00PM; May 11 10:00AM to 7:00PM; May 12 10:00AM to 7:00PM; May 13 10:00AM to 5:00PM(Session I) 10:00AM to 7:00PM(Session II)
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
No Info Available
Conditions of sale applicable to buyers
1 BUYERS PREMIUM WILL BE CHARGED AT 15% ON THE FIRST CHF 70,000 OF THE HAMMER PRICE OF EACH LOT, AND AT 10% THEREAFTER. FOR LOTS MARKED WITH THE SYMBOL () IN THE CATALOGUE, THE BUYER HAS TO PAY SWISS VALUE ADDED TAX (VAT) AT 7.6% ONLY ON THE BUYERS PREMIUM, NOT ON THE HAMMER PRICE. FOR LOTS WITHOUT THE SYMBOL (), VAT OF 7.6% IS APPLICABLE ON THE HAMMER PRICE AND THE BUYERS PREMIUM. This VAT is refundable to non-Swiss resident buyers who, within 30 days following the sale, present to PHILLIPS, de PURY & LUXEMBOURG LIMITED (hereinafter PHILLIPS) the export declaration, duly stamped by Swiss customs, proving that the goods have left Switzerland. Non-stamped declarations are invalid.
2 Every lot is sold with all faults and errors of description and PHILLIPS disclaim, for themselves and for the vendors, all responsibility, in particular for authenticity, age, origin, condition or quality. Any statement, whether contained in the catalogue or expressed orally, is considered a statement of opinion only and not a statement of fact. PHILLIPS GIVES NO EXPRESS OR IMPLIED GUARANTEES OR WARRANTIES. Purchasers are deemed to have satisfied themselves on authenticity, condition, etc., before bidding.
3 The Auctioneer has absolute discretion to divide any lot, to combine two or more lots, to withdraw any lots, to refuse bids, and to regulate the bidding. He may bid on the vendor’s behalf for all goods which are being offered subject to a reserve or at the Auctioneer’s discretion.
4 The highest bidder shall be the buyer. In case of disagreement the lot or lots will immediately be reoffered by the Auctioneer. No claim will be accepted once the adjudication has been given.
5 When the reserve price has not been reached, the lot will be passed at the fall of the hammer.
6 Bids from clients unknown to PHILLIPS, the Auctioneer, or the Stadtammann of Zurich might not be accepted unless accompanied by a full cash deposit, or a bank reference, which must arrive in good time to be taken up before the sale at PHILLIPS, Kreuzstrasse 54, 8008 Zurich, Switzerland. The Auctioneer retains full authority to refuse these bids.
7 PHILLIPS requires that all prospective buyers use a bidding number in place of their names.
8 Persons not present at the sale may leave their bids with the Auctioneer or the Stadtammann of Zurich. The prices on these bidding forms will be treated as maximum hammer price, excluding premium or taxes. Alterations to these forms can only be accepted in writing up to the evening preceding the sale.
9 Payment can be made in cash, by bank cheque or by wire transfer. Cash payments must be made in Swiss Francs. PHILLIPS reserves the right to refuse immediate clearance of goods when paid for by wiretransfer or by cheque, whether drawn on a Swiss or foreign bank.
10 Payment of the purchase price is due within seven days after sale. Interest of 1.5% (expenses included) per month on the purchase price will be charged if payment is not received within these seven days. PHILLIPS reserves the right to resell unpaid items after the period of seven days by auction or privately without notice to the buyer. In this event PHILLIPS may claim from the defaulter damages including all loss arising from any resale of the lot together with the charges and expenses in respect of both sales. Any money deposited in part payment shall be held by PHILLIPS against the defaulter’s liability.
11 No purchase shall be claimed or removed until PHILLIPS has received full payment of the purchase price. All lots shall be removed at the buyer’s risk and expense. Purchases will be held for collection at no charge for 28 days. All purchases not collected within such period are subject to a minimum warehousing charge of CHF 10 per lot per day. If purchases are not removed within 60 days of the sale, PHILLIPS may deposit the lot at the buyer’s risk and expense. PHILLIPS shall not be responsible if the lots in storage are lost, stolen, damaged or destroyed. Any liability which there may be on the part of PHILLIPS in respect of any loss shall be restricted to a maximum of the price paid by the purchaser of the lot. Clearance of purchases, other than by the purchaser, must be carried out by a person specified on the written direction of the buyer. ON REQUEST, PHILLIPS WILL QUOTE FOR DOOR-TO-DOOR TRANSPORT OF PURCHASED ITEMS. ALL COSTS INCURRED BY SHIPPING, CUSTOMS AND INSURANCE WILL BE AT THE EXPENSE OF THE BUYER.
12 Every person attending the public exhibition or the sales shall be deemed to be there at his own risk. He shall have no claim against PHILLIPS in respect of any injury he may sustain or any accident which may occur.
13 Any person causing damage to an item will be held legally responsible.
14 Notice of all forthcoming Auction Sales will appear in “La Feuille d’Avis Officielle”/ “Schweizerisches Handelsamtsblatt” and all interested parties are welcome to consult the Conditions of Sale at this time.
15 Any dispute concerning the auction/sale shall be governed by Swiss law and settled by the ORDINARY COURTS IN ZURICH.
16 The auction takes place under the supervision of the Stadtammannamt Zurich. The Canton and City of Zurich and particularly the Stadtammannamt Zurich bear no liability for the decisions taken by the auctioneer.