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1952 PATEK PHILIPPE Mens "Pagoda" Serpico Y Laino Watch - Original with Papers
About the Item
NAMED ONE OF WATCHPRO MAGAZINE’S “HOT 100” - THE TOP 100 INFLUENCERS OF THE U.S. WATCH INDUSTRY. HOW CAN WE SERVE YOU?
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1952 PATEK PHILIPPE Vintage Mens Ref. 1588 "Pagoda" Serpico Y Laino Large Rectangular Watch - 18K Gold with Extract
Very Collectable "Pagoda" - Double Signed - PP Archive Extract Paper - 1 Year Warranty
We are proud to offer the very collectable and striking Patek Philippe mens ref. 1588 watch showcased in today's offering, the company's renowned "Pagoda" model, so named because of its arched side profile.
While most rectangular watches from the era were either small or very small, this watch was a strong exception. Quite large for the era with understated silver face and beautiful "Pagoda" case, it showcases a classic and ultra-elegant Patek style.
It also feels more substantial than most rectangular watches from the era. It has spent the majority of the last six months in my collection.
Ref. 1588 was launched in 1944 and was produced for just over a decade. The case was made by Markowski, the preferred maker of Patek Philippe for iconic "shaped' cases such as the "Hour-Glass" ref. 1593 and the "Top-Hat" ref. 1450.
It is powered by one of Patek Philippe's illustrious 9'90 movements, so well designed that Patek used it for more than 40 years. The 9'90 Patek Philippe movement is a tonneau shaped movement introduced in 1934 and was fitted into many famous Patek Philippe watches such as the "Banana" (ref. 2442), the "Eiffel Tower " (ref. 2441), the "Top Hat" (ref. 1588) and the "Tegolino."
Our example has a sought-after double-signed dial, co-signed for Serpico Y Laino, the prestigious retailer in Caracas jeweler. Founded in 1925, Serpico y Laino was the leading luxury watch retailer in Venezuela for roughly 40 years and today the watches that bear their signature are very desirable.
Serpico y Laino signed Pateks are also distinctive among the group of watches featuring retailer signatures, in that their markings aren’t limited to their dials alone. In addition to signing the dials of the watches they sold, the Venezuelan retailer went as far as engraving the casebacks with “S&L” to make their offerings easily traceable.
Because Serpico y Laino signed watches tend to command significant prices, quite a few have attempted to replicate the signature on authentic watches, making the process of purchasing an example more trepidatious for less educated buyers without a trusted dealer with significant expertise.
It is in all-original condition. Its case is in excellent condition. Its untouched original dial with original Serpico Y Laino signature shows only fairly mild aging.
Our Master Watchmaker has performed any needed servicing. It is keeping time on par with a brand new Patek in our testing position.
For the finishing touch we have equipped it with an aftermarket alligator grain leather strap done in the modern Patek style and genuine 18K gold Patek buckle making it ready for immediate enjoyment.
Accompanying it is an Extract from the Patek Philippe archives attesting to its originality and authenticity. Patek charges 500 CHF (approx. $575) to obtain one.
Included with the purchase is a one-year C.O.T. international warranty on the movement and its function, a full-page custom printed Connoisseur of Time Certificate of Authenticity, and a new timing certificate attesting to its performance.
Note: This wonderful article by Christie's on the world famous Serpico Y Laino Patek ref. 2499 that sold for $3.3 million a few years includes a very nice educating section on Serpico Y Laino.
Detailed Appraisal:
Manufacturer: Patek Philippe
Country of origin: Switzerland
Serial no.: 974,629
Year built: c. 1952; sold December 19th, 1952
Model: Ref. 1588, so called "Pagoda"
Functions: Hours, Minutes and Subsidiary Seconds
Designed for: Men
Case material: 18K gold
Case markings (inside): Patek Philippe & Co, Geneve, Swiss, .750, 1588, 671,383, Ref. 1588
Case markings (outside): Personalized "VM" and stamped S&L and 18K for Serpico Y Laino and the case material.
Case condition: Near mint plus with very little wear and only slight signs of previous polishing.
Dimensions: 24mm wide (without the crown) by 40mm long lug tip-to-tip
Dial: Silver with gold faceted dart and Roman numeral applied indexes, signed Patek Philippe and Geneve, and Serpico Y Laino, original and untouched
Hands: Original, gold "batons"
Movement type: Extremely high grade, manually wound, Cal. 9-90, tonneau-shaped, rhodium plated, fausses cotes decoration, 18 jewels, straight-line lever escapement, cut bimetallic balance, self-compensating Breguet balance-spring, micrometer regulator
Jewels: 18 rubies
Band: Leather, aftermarket, done in a modern Patek style with 18K gold genuine Patek buckle
We also stock lizard and a variety of other straps in various prints, skins, and colors. Please ask us if you're interested.
Width between lugs: 18mm
Servicing: Our Master Watchmaker has performed any needed servicing making it ready for immediate enjoyment.
Timing: Timed to precision on a state-of-the-art computerized system. It is keeping time on par with a brand new Patek in our testing position.
Your watch is important to us, and we will take care of it for its lifetime. We provide the best after sale care in the business with an experienced team of four watchmakers all of whom each have over thirty-five years of experience and a large number of parts.
Warranty: 1-year international warranty. Please message us for details.
Box/Papers: BOX - Connoisseur of Time watch presentation box; PAPERS - Extract from the Patek Philippe archives attesting to its originality and authenticity; New Connoisseur of Time timing certificate
SKU 8513
- Creator:
- Case Material:
- Strap Material:Leather
- Case Shape:Rectangle
- Movement:
- Case Dimensions:Height: 1.58 in (40 mm)Width: 0.95 in (24 mm)
- Place of Origin:
- Period:
- Date of Manufacture:1952
- Condition:It is in all-original condition. Its case is in excellent condition. Its untouched original dial with original Serpico Y Laino signature shows only fairly mild aging.Our Master Watchmaker has performed any needed servicing.
- Seller Location:Suwanee, GA
- Reference Number:Seller: 85131stDibs: LU4333226270862
Patek Philippe
It shouldn’t be surprising that a Patek Philippe holds the world auction record for a watch ($31.2 million for a Patek Grandmaster Chime, sold at Christie’s). Known for impeccable craftsmanship and some of the most complicated timepieces ever created, the brand is considered by many to be the height of fine watchmaking. Collectors simply love Patek Philippe watches.
The house was founded in Geneva in 1839 by Polish expats Antoni Patek and Franciszek Czapek. Czapek left the firm, and in 1845, Patek partnered with French watchmaker Jean Adrien Philippe. It was the beginning of a beautiful friendship.
Catering to the glitterati of Europe, the pair counted among their clients Tolstoy, Pope Pius IX and Queen Victoria, as well as Countess Koscowicz of Hungary, for whom they created the first Swiss-made wristwatch in 1868. They also had their eye on the American market and in 1851 entered an arrangement with Tiffany & Co. still in effect today.
During the Great Depression, brothers Jean and Charles Stern, who had previously supplied Patek Philippe with watch dials, bought the company, and it continues to be run by the Stern family today.
Under the Sterns, the house has developed some of its most famous models, including the Calatrava, an elegantly minimal dress watch introduced in 1932 and named for the Calatrava Cross (the company’s logo since 1887), and the Nautilus, the brand’s first sports watch, conceived by legendary designer Gérald Genta in 1976.
Despite the house’s longevity, it’s rumored that it has manufactured fewer than a million Patek watches, making each one all the more coveted. (The brand's pieces are understandably attractive to counterfeiters — make sure you know how to spot a fake Patek Philippe watch.)
Find authentic Patek Philippe watches, cufflinks, bracelets and more on 1stDibs today.
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