Wednesday, October 17, 2012

Eric Clapton's Platinum Patek Philippe Watch to Auction for $4.3 Million

Aside from aesthetics, the world’s finest watches measure time w/ extreme precision and there are those who spend vast amounts of money for these "classic" time-pieces. But on the flip-side, there are also those who are less interested in the precision of a wrist-watch and are more interested in its beauty & precious metals content. 

Eric Clapton playing his signature Fender® Stratocaster

Eric Clapton, One of the Greatest Guitarists of Our Generation, is set to auction an "ultra-rare" platinum-cased Patek Philippe at Christie's in New York for an estimated $4.3 million dollars. ​so rare, only one of two platinum 2499's was created for Philippe Stern himself in 1987.

"‘Spectacular’ is the only word to describe the only reference 2499 cased in platinum by Patek Philippe available to a connoisseur collector (estimate: SFr.2,500,000-4,000,000). This legendary model displays the most perfect combination of design, functions, mechanical complexity and case proportions.

Eric Clapton's Patek Philippe Platinum 2499
Launched in 1951, reference 2499 was in production for nearly 35 years, during which a total of 349 watches were made. The only two examples ever cased in platinum were most likely never intended for sale. In fact, one of them highlights the wristwatch section of the celebrated Patek Philippe museum in Geneva.

The first and last time the other platinum 2499 watch was offered for sale was in 1989 when the firm, celebrating its 150th anniversary, consigned it to the historical “The Art of Patek Philippe” auction, held in Geneva on April 9, 1989.

Acquired at the above auction, by one of Europe’s most prominent collectors in the field of vintage Patek Philippe wristwatches, it only changed hands once more before being acquired by Eric Clapton.

As a consequence, this masterpiece of horology becomes available at auction this year for the first time since its original sale nearly a quarter century ago." —

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