The present Patek Philippe ref 565 is absolutely breathtaking both due to its condition and to its spectacular dial design. Reference 565 is one of the most classic gentleman wristwatches of the 20th century. Released in 1938, the model featured innovative and enduring qualities that today make it a collector’s favorite. These include the two piece water-resistant François Borgel case with screw down back, an inner soft iron case to protect the movement from the adverse effects of magnetic fields, and a more generous case diameter, compared to the smaller reference 96 which was first released in 1932.

The brand continued to manufacture the model until 1952, and in an era when yellow gold timepieces were de rigueur, fewer examples were produced in pink gold and even more rarely in stainless steel. The main feature of the model is indeed the waterproof case, as it was designed for a public with interest in outdoor and physical activities - a brand new market segment at the time.

Offered with subsidiary seconds or less frequently, with center seconds, the caliber was upgraded over the reference’s production period. First series examples of the reference - such as the present piece - housed the caliber 12’’’120, while a Victorin Piguet indirect center seconds movement 12-120 SC was introduced in 1939. In 1950 a second series was released with either the caliber 12’’’400 or the new caliber 27 SC.

The present watch represents a “summa” of virtually all traits collectors lust after when looking at vintage time-only Patek Philippe pieces: the stainless steel is as practical and understated as it is rare and collectible. The dial is a symphony of details, ranging from the applied Roman numerals, to the Gübelin signature, to the two-tone semi-sectorial design. And all of this preserved in absolutely gorgeous condition. Finally, the Gay Frères Milanese bracelet signed by Patek Philippe is not only an incredibly comfortable and attractive accessory, but furthermore a true collectible on its own.