The world of luxury watches is filled with captivating stories, and few are as intriguing and controversial as the Patek Philippe owned by Saddam Hussein. This particular Patek Philippe Ellipse reference 3848/900 is not just another timepiece; it's a piece of history, a symbol of power, and a testament to the enduring allure of high-end horology. Its association with the former Iraqi dictator adds a layer of complexity to its value, making it a highly sought-after, albeit ethically problematic, collectible. Understanding its price requires delving into the intricacies of its rarity, condition, provenance, and the moral considerations surrounding its ownership.
The Watch Itself: A Symbol of Power and Prestige
The Patek Philippe Ellipse reference 3848/900, often referred to as the "Saddam Hussein watch," is a stunning example of Patek Philippe's craftsmanship. The solid 18kt yellow gold case exudes elegance and opulence, reflecting the lavish lifestyle associated with Hussein's regime. But it's the dial that truly sets this piece apart. The ultra-rare, perfect condition lapis lazuli dial is a breathtaking sight, its deep blue hue speckled with gold pyrite inclusions. This combination of precious metals and a unique dial material contributes significantly to the watch's exceptional value. The Ellipse collection itself is known for its refined, understated elegance, making this particular piece a perfect reflection of Hussein's carefully cultivated image of power and sophistication. The watch’s mechanical movement, a testament to Patek Philippe's renowned horological expertise, further enhances its desirability among collectors.
Patek Philippe Iraqi Eagle: A Unique Designation
While the reference number 3848/900 identifies the model, this specific watch is often referred to as a "Patek Philippe Iraqi Eagle." This unofficial designation stems from the belief that the watch was personalized or gifted with an emblem or inscription referencing the Iraqi Eagle, a symbol of the Iraqi state under Hussein's rule. While definitive photographic evidence of such an inscription remains elusive, the association has contributed to the watch's notoriety and collectible status. The lack of concrete evidence, however, also complicates its valuation. The absence of a verifiable "Iraqi Eagle" marking could potentially decrease its price for some collectors, while for others, the mystery surrounding its possible personalization adds to its intrigue.
Patek Philippe 3848: A Foundation of Rarity
Understanding the price of the Saddam Hussein watch requires analyzing its broader context within the Patek Philippe 3848 collection. The Ellipse reference 3848 itself is a relatively rare model, produced in limited numbers. The combination of the gold case and the lapis lazuli dial makes this particular variant even rarer, further boosting its potential value. The perfect condition of the watch, as stated, is another crucial factor. Finding a vintage Patek Philippe in pristine condition is a considerable achievement, and this significantly contributes to its desirability and, consequently, its price. Collectors are willing to pay a premium for watches that have been impeccably preserved, reflecting the enduring quality and craftsmanship of the brand.
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