RARE* 1950s Vacheron Constantin Fancy Lugs | Chain Lugs | 18Kr Pink Gold | Ref.4728 | 36mm | Unpolished

Among the elite trio of Swiss watchmakers, Vacheron Constantin often remains the most discreetly appreciated. Yet its history is rich with technical brilliance and timeless design. This mid-century gem from the early 1950s captures that spirit perfectly, combining craftsmanship, elegance, and a touch of the unexpected. With only a handful known to exist, most featuring the distinctive honeycomb dial, this example stands apart with its cleaner, more minimalist design, offering a refined aesthetic. The sculptural chain-like lugs lend it a confident wrist presence, understated, yet unmistakably sophisticated. A rare find from an era where Vacheron quietly led through refinement rather than fanfare. Powered by Vacheron’s in-house manual-winding P454/5B, it embodies the quiet sophistication that has made the maison one of the most respected names in haute horlogerie. CONDITION The case is very sharp and unpolished, the dial has a warm patina over it, with minimal aging sp