It’s emblazoned with the Tiffany & Co. name, so you know it’s going be expensive. You’re getting the Patek and the Tiffany names, what else could you want? The ability to time two events that start simultaneously but end at different times – you didn’t think those fancy blue hands were just for show did you? The sale price? $214,000.
Here are the details of this exquisite watch:
The Tiffany 1436 Patek Philippe & Cie, Genève, retailed by Tiffany & Co. Made in 1969, sold on October 31, 1969. Extremely fine and rare, 18K yellow gold wristwatch with square button, co-axial split-seconds chronograph, 30-minute register, tachometer and an 18K yellow gold Patek Philippe buckle. Accompanied by a fitted box and the Extract from the Archives.
Split-seconds chronograph wristwatches were "the must" of Patek Philippe technology and after 1938 were generally cased with this Reference. The majority are in yellow gold. Rarely, they are in pink gold, and only four stainless steel examples are known, three of which were sold by Antiquorum: - Geneva, April 10, 1994, lot 431. - Geneva, April 23, 1995, lot 457- Geneva, May 10, 2009, lot 161. In the mid-1950's some were produced with a coaxial button on the winding crown for the split-seconds functions (stop and reunite). Production of this reference ceased in 1971.
1st generation: stop and reunite functions of the split-second hand controlled by the winding crown. 2nd generation: stop and reunite functions of the split-second hand controlled by a co-axial button in the winding crown.
The Split-Seconds Chronograph was designed to time two events which begin simultaneously but conclude at different times, as well as a single event for which an intermediate timing is necessary, such as horse or car races. Patek Philippe was one of the first to introduce modern split-seconds chronographs - as early as 1862. (No. 17557, see Antiquorum, October 18, 1992, lot 590.) The split-seconds mechanism employs two central chronograph hands. Both hands are started at the same time. The split-seconds hand can be stopped while the chronograph hand continues to move. The split-seconds hand can be reunited with the chronograph hand in order to time another event. This complication is especially useful during sporting events such as a horse race, a car race or a ski race.