Swiss gold open faced minute repeating watch Circa 1924

Gold minute repeating lever watch by Patek Philippe
–
A Swiss 18 carat gold open faced minute repeating keyless lever dress watch with Breguet numerals, circa 1924. Nickel finished lever movement, minute repeating on two gongs, 29 jewels. Gold cuvette. Silvered matte dial, applied gold Breguet numerals and subsidiary seconds. Plain case, hidden hinge. Case, dial and movement signed.
–
Diameter: 46 mm
–
Signed: Patek Philippe & Cie Geneva Switzerland
–
In 1844 Patek met the French watchmaker Jean-Adrien Philippe, who demonstrated his new invention: the first watch without a wind-up key. Patek and Philippe decided to work together in 1845, and in 1851, their company Patek Philippe and Cie was founded. In 1901 the name was officially Ancienne Manufacture d’Horlogerie Patek Philippe and Cie, S.A.
–
The company has 70 patents and produces the entire clockwork in-house.
–
Patek Philippe (1839), together with Audemars Piguet (1875), Vacheron Constantin (1755) and A. Lange und Sohne (1845), is considered to be “the big four” in the watchmaking world. The very luxurious timepieces are of high quality and, therefore, often raise record amounts at auctions. A pocket watch produced in 1933 was sold for 11 million in 1999 at an auction of Sotheby’s. A world record at that time. On 11 November 2014, it was auctioned again, and this time, it was sold for 19 million euros.