Yesterday November 8th, 2015 in Geneva at the Phillips Watches Auction Number Two in partnership with Bacs & Russo, another vintage Patek Philippe wristwatch sets a record at auction. Selling for $3.301 Million Swiss Francs —roughly $3.291 Million USD at today's exchange rate—, the Patek Philippe Split Seconds chronograph ref. 1436 makes history. With only two examples in stainless steel that are known to exist, this watch is far from the norm where the elite of watch manufacturers would reserve their most complicated and consequently valuable movements for precious metal cases. The consequence is, however, that lovers and collectors of the finest complicated vintage wristwatches will struggle to ever find a favorite piece in a stainless steel case. The perfect example of this theory is Patek Philippe, and only too many passionate collectors of the firm’s vintage pieces regret not to have yet seen a reference 2499, two crown world time, or vintage minute repeater in a stainless steel case.
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