A close look makes it possible for us to see the polished, beveled angles of their bridges and of the levers; the straight graining of the several elements which compose the chronograph; the polished screw heads and slots; several gold chatons; along with Geneva stripes which continue from 1 bridge to another. The beauty of the movement also comes out of its profound design, which permits viewing of all the gears’ and levers’ motions when activating the pushers. The chronograph does (of course) use a pillar wheel using a vertical clutch for its involvement — the column wheel is, as is usual with Patek Philippe, concealed with a protective cap ( that you can see on the photograph above, at the lower portion of this movement). The chronograph itself is very classical, using a bi-compax architecture displaying the measured seconds with a fundamental hand, the moments at a subdial at 3 o’clock and the conducting second in a subdial at 9 o’clock. In the end, it comes with the exact Gyromax balance wheel, using a complimentary sprung architecture.The movement isn’t the only interesting part here, also turning the watch into the dial side reveals complications. The perpetual calendar components are not visible through the sapphire caseback, since they are positioned on the top of the motion. However, the dial provides a lot of information, using a smart and legible display. The month and day are indicated in 2 windows at 12 o’clock. The date and the moon-phase index are exhibited in a third sub-dial in 6 o’clock. What is new in comparison with the former benchmark (Ref. Not the most sensible and legible layout, as it was easy to get confused between the various palms. In the 5270, Patek Philippe has chosen to utilize two small apertures — at 4:30 for the leap year and at 7:30 for the day/night indicator. The dial increases increased legibility and aesthetic purity from this aesthetic choice.
A pair of vintage Patek Philippe wristwatch chronographs once owned by Ponzi schemer Bernard Madoff will soon go under the hammer, along with jewellery.
|Photo Gaston & Sheehan Auctioneers|
Seized by the U.S. Marshals Service from convicted fraudster Bernard Madoff, the two Patek Philippe ref. 130 watches will be sold at auction on February 16, along with jewellery that once belonged to Madoff’s wife.
A modest 33 mm in diameter, the ref. 130 was the signature Patek Philippe chronograph in the 1930s and 1940s, an important chapter in the brand’s chronograph history. Both of Madoff’s watches have refinished dials, though the black dial ref. 130 is the worse of the two. As of writing, the black dial ref. 130 is at US$21,450, while the champagne dial specimen is US$25,900.
These are the remnants of Madoff’s possessions, with much of it, including several dozen watches, having been sold in 2009, shortly after his Ponzi scheme collapsed. The items are being sold by Gaston & Sheehan Auctioneers in Texas. Proceeds will go to the restitution fund for Madoff’s victims. Bidding can be done via the online catalogue.