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Lot #1036

Patek Philippe Stainless Steel Amagnetic 3418

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Introduction

Nicknamed the "Convertible" on account of its detachable Milanese mesh bracelet, the Patek Philippe ref. 3418 is perhaps one of the Genevan watchmaker's most unusual designs. By removing the metal ring surrounding its solid case back, the lugs are revealed to enable easy strap changes – a quirky arrangement that has not been carried through into mass adoption. Released in 1958 and discontinued around 1962, the Convertible was exclusively produced in stainless steel as far as we know, another interesting detail considering Patek's reluctance to use the popular material. A rare and sought-after watch on account of its intricacies, the ref. 3418 features a gorgeous sunburst silver dial within its round 34.5mm case that ensures this timepiece's aesthetic is truly captivating, an essential criterion for any Patek Philippe timepiece.

Loupe This Scorecard

Grade

V 9

Status

Vetted & Approved

Included

Watch Only

Est. value range

$7,000 – $10,000

The Details

Brand

Patek Philippe

Dimensions

34mm

Model

Vintage

Movement

Mechanical Wind Caliber 27 AM 400

Reference

3418

Bracelet

Stainless Steel

Year

1960's

Condition

Excellent

Material

Stainless Steel

Included

Watch Only

Dial Color

Silver

THE DESIGN

With an unusual and unique case construction, the Ref. 3418 has patented four piece case design that allowed for owners to swap out the mid case for one with lugs, which would allow it to be worn on a leather strap.

THE DIAL

A closer look at the engraved baton markers on this stunning Ref. 3418 dial.

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

The overall condition is excellent. Dial is in superb shape with no signs of deterioration. Case and bracelet have very minor surface abrasions throughout, but it appears the watch has the original factory finish. The hands have slight oxidation. Please note, the watch comes on its removable factory mesh bracelet, but the original detachable lugs are not included.

Our Perspective

An oddity of mid-century Patek Philippe design, the 3418 has always been a favorite of mine. The mesh band with an ardillon buckle is reminiscent of jewelry styles of Gucci, Hermes, and other popular brands in the 1960's and 70's.

Justin Gruenberg

Co-founder