The Philip Watch company have a history dating all the way back to 1858. They were founded in Naples by François Philippe, a Swiss expatriate who worked with numerous members of the Swiss community to create watches using the skills they had learned in the Jura mountains. The trademark "Philippe Watch" was first registered with the Naples office in 1923 and the company followed the path taken by many watch companies specializing in pocket watches and subsequently producing wristwatches.
The watch is housed in a one-piece case, so the outer
bezel has to be levered off and the split stem/crown unscrewed and separated to allow access to a crystal
retaining ring which is screwed into the case. Once this ring has been removed, the crystal can be lifted out and the watch removed from the case.
The name 'Caribbean' comes from the construction of the case which was developed and patented by a company called Jenny in 1963.
In addition to Philip and Jenny themselves, you'll see the Caribbean case used by Aquadive,Ollech & Wajs, Eisenhardt, Jaquet Droz, Perona and Fortis to name but a few.
The movement inside this watch is an ETA cal, 2724, a 25 jewel automatic the first with a beat rate of 28,800 boh and it's jus been fully serviced.
Our Caribbean is a very rare first series ( pre case 715) and with "caribbean-only" dial. The bakelite bezel is in perfect condition, as is the "starry" blue dial typical of these refs, embellished with an incredible toning of hour markers and hands. The bracelet is extremely rare, especially with the correct endings that match the pointed lugs. The set is a treat: box and warranty (blank).
Finding these tool watches in this condition is increasingly difficult and their appeal is unquestionable.