Highlights: Patek Philippe Complications at Phillips Hong Kong
Phillips’ spring auction season goes east for The Hong Kong Watch Auction: XXII on May 30 – 31. As usual, Phillips has put together a very strong lineup, and, as is often the case at watch auctions, Patek Philippe watches — both vintage and modern — have an outsized share of the catalogue. Lot 940 – Patek Philippe Bailey Banks & Biddle Triple Complication Patek Philippe produced this watch for Philadelphian jeweler Bailey Banks & Biddle around 1895, and it bears only the retailer’s name on the dial, which was not unusual. While the company came to a rather undignified end in the 21st century, it was once a manufacturing jeweller, medalist, and major Patek Philippe retailer. The dial is in rather rough condition by the standards of enamel dials, and while the dial may the most important thing to many wristwatch collectors, here the triple-complication movement is what matters. It features a minute repeater, chronograph, and perpetual calendar — which is presumably instantaneous. Note the lack of a minutes counter for the chronograph. While taken for granted on modern chronographs, most Patek Philippe triple complications did without it. In fact, the most common upgrade path for triple complications was a rattrapante, not minutes counter. The counterweighted pallet fork is also worth mention — this refinement disappeared as the Swiss lever matured and watchmakers realised a lighter pallet fork was better than a balanced one. The movement is fully functional, ...