Description Description Brand: Patek Philippe Model: Vintage Reference: 4240/1 Year: 1973 Material: 18k YG Dial Color: Yellow Gold Dimensions: 32mm Watch Movement: Manual-Wind Bracelet/Strap: Lapis Lazuli and Yellow Gold (6.75 Inches) Box/Paper: Archive Paper Condition: Excellent Condition with Very Minor Wear SKU: 207524 The Patek Philippe Ref. 4240 belongs to a fascinating chapter in the manufactures history a period during the late 1960s and 1970s when Genevas most traditional maisons briefly embraced a far more expressive approach to design. As tastes shifted toward sculptural forms, integrated bracelets, and hardstone dials, Patek Philippe responded not by abandoning its classical sensibilities, but by elevating these contemporary ideas through the lens of haute joaillerie and exceptional hand craftsmanship. The result was a series of highly exclusive creations produced in extraordinarily small numbers, many of which today stand among the most visually striking watches ever to bear the Patek Philippe signature. Produced in 1973, the present Ref. 4240 is an exceptional example of this creative period. Executed in yellow gold and measuring 32mm in width, the watch possesses a remarkable presence on the wrist, amplified by its richly saturated lapis lazuli construction and integrated bracelet. Deep cobalt blue lapis panels extend seamlessly across the bracelet and surround the dial, creating an uninterrupted field of color punctuated only by polished gold divisions. The natural stone displays the subtle pyrite inclusions characteristic of fine lapis, lending texture and depth to the composition while reinforcing the unmistakably luxurious character of the piece. At the center sits an extraordinary dial framed by a brilliant-cut diamond surround of remarkable intensity. Rather than employing a conventional dial finish, Patek Philippe utilized a heavily textured gold surface that catches and fractures light almost like crushed mineral or hammered gilt, producing a dynamic contrast against the cool saturation of the lapis and the brilliance of the diamonds. The restraint of the simple baton hands and discreet signature allows the materials themselves to command attention an approach entirely consistent with the eras highest jewelry design. Equally important is the integrated bracelet, preserved in outstanding original condition and fitted with its beautifully engineered concealed clasp. During this period, bracelets of such complexity represented a substantial portion of a watchs production cost, requiring highly specialized goldsmithing and stone-setting techniques rarely encountered in contemporary watchmaking. The fluidity of the bracelet transforms the watch into a complete jewelry object rather than a watch simply paired with one, embodying the sophisticated crossover between horology and decorative arts that defined Patek Philippes most ambitious creations of the era. Today, references such as the 4240 occupy an increasingly important place within the broader scholarship of vintage Patek Philippe. No longer viewed merely as period curiosities, these hardstone and gem-set creations are now appreciated as some of the manufactures boldest and most artistically confident designs watches that captured the glamour and experimentation of 1970s high jewelry while remaining unmistakably Patek Philippe in their execution. The present example, with its striking lapis lazuli construction, diamond-set dial surround, and preserved original bracelet, stands as an especially compelling survivor from this remarkably creative period.