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Lot #1783

Patek Philippe Ladies YG Ellipse on Bracelet 4565-2

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Introduction

Launched in 1968, the Patek Philippe Ellipse broke from convention and marked the era of oddly-shaped watches. While the wristwatch was, generally speaking, always round until the late ‘60s, the dress watch was absolutely not an exception, with its construction almost exclusively confined to precious metals and round, thin cases. The famously conservative Patek Philippe changed this convention in 1968 with the Ellipse. Born from the golden ratio, the Ellipse’s case was notably unique for a dress watch, and thus began its journey as one of the Genevan giant’s best-known watches, remarkable in its differences and quietly confident aura. Here, we have a Ladies Ellipse ref. 4565-2 that takes that confident aura and runs with it in an entirely different direction by making the Ellipse even more unique. While most Ellipse references feature domed bezels and leather straps, the ref. 4565 features a bezel like a twisted rope and an incredibly intricate bracelet made of 18kt yellow gold, exemplifying the Ellipse’s status as a watch that broke from convention and went somewhere that few others had gone at the time of the Ellipse’s original release. Featuring a champagne dial, this example’s palette is entirely monochromatic as its dial pairs with its yellow gold construction, thus dressing down its aesthetic and making it that bit more refined.

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Grade

M 8.5

Status

Vetted & Approved

Included

Watch Only

Est. value range

$3,000 – $5,000

The Details

Brand

Patek Philippe

Dimensions

19mm width

Model

Ellipse

Movement

Manual-winding cal. 16.250

Reference

4565-2

Bracelet

18kt yellow gold bracelet

Year

Circa 1985

Condition

Excellent

Material

18kt yellow gold

Included

Watch only

Dial Color

Champagne

THE DIAL

Featuring a champagne dial, this example's color palette is distinctively understated as its 18kt yellow gold construction and dial echo one another.

THE CONSTRUCTION

Made of 18kt yellow gold, this example is luxurious by default, but with its intricate bracelet and textured bezel, it is that bit more extravagant.

TIMING MACHINE READOUT

This reading was taken (crown down) with a ONEOF Accuracy Boutique Edition timing machine at time of cataloging. It is provided as a courtesy only, and shall not be construed as a warranty or guarantee of any kind. Please refer to our terms and conditions of sale for more information.

Condition

Watch is in overall excellent condition. Watch shows light surface wear only, dial in near mint condition. Factory bracelet is signed on clasp. Length of the watch is approximately 6.75 inches, and the dial is 23.8 x 19.9mm.

Our Perspective

Extravagance personified, this example embodies the Ellipse's essence as a trendsetter. With its unique construction and styling, it is perhaps the opposite of what you might expect from Patek, and that is why we love it.

Justin Gruenberg

Co-founder