Patek Philippe - The Hong Kong Watch Auction: FIVE Hong Kong Monday, November 27, 2017 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2008
    Reference No: 5004/1G
    Movement No: 3'275'316
    Case No: 4'449'198
    Material: 18k white gold
    Calibre: Manual, cal. CHR 27-70 Q, 28 jewels, stamped with the Geneva Seal
    Bracelet/Strap: 18k white gold Patek Philippe bracelet, max. length 190mm
    Clasp/Buckle: 18k white gold Patek Philippe deployant clasp
    Dimensions: 36mm diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin signed by Patek Philippe SA Geneve and dated April 15, 2011, additional solid case back, setting pin, numbered sale tag, leather portfolio, product literature, fitted wooden presentation box and outer packaging. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present watch in 2008 with slate grey dial, 1 white gold Roman numeral at 12 o’ clock, tachometer scale, superluminova and its subsequent sale on April 18, 2011.

  • Catalogue Essay

    Introduced in 1996 and in production until around 2012, reference 5004 is considered by many collectors amongst the most iconic of modern Patek Philippe models. It was the company’s first serially produced split-seconds perpetual calendar chronograph wristwatch and it was arguably an instant classic. It is notably Patek Philippe’s only split seconds perpetual calendar chronograph wristwatch made in series to house a Lemania-based movement, which has furthermore increased the “old school” appeal and popularity of the reference.

    Most Patek Philippe aficionados are thrilled when they are accepted to join a waiting list for a complication of this importance. Only a very selected few get access to a bracelet timepiece and even fewer to a special request dial. But to be granted one’s monogram presence on the dial, one’s importance to the collecting world must be truly paramount, the kind of collector comparable to – to name a few others who achieved such an honor – Henry Graves, Jr., James W. Packard or J.B. Champion.

    This example of 5004 can be considered without a doubt one of the – if not the – most important specimen of this already legendary reference. Even a cursory glance cannot miss the most unusual timepiece peeking at the beholder from behind the factory sealed sleeve. At first, one is mystified by the slate grey color of the dial. Then, the eye drifts to the massive white gold bracelet, obviously not a factory option for
    the model but a concession Patek Philippe only grants on extremely scarce occasions. Eventually, bafflement ensues at the realization that the entire graphic layout is completely different from the standard for the reference: applied dot hour markers instead of Arabic or baton, double railway track framing an oversize tachymetre scale, luminous accents and luminous hands. Such an imaginative combination could only be the result of a special order watch, made for one of Patek Philippe’s most
    exclusive clients.

    However – in truly “textbook” Patek Philippe style – the most understated detail is the most awe-inspiring feature, and makes the collector realize to be in the presence of a truly momentous timepiece. The monogram MSO is present at 6 o’clock. A monogram dial 5004 has – according to our research – never before appeared to the public. A similar dial configuration has been seen before on timepieces made for another highly prominent collector: Eric Clapton. However, these did not bear the owner’s monogram, a detail which highlights even more the importance of the present piece.

  • Artist Biography

    Patek Philippe

    Swiss • 1839

    Since its founding in 1839, this famous Geneva-based firm has been surprising its clientele with superbly crafted timepieces fitted with watchmaking's most prestigious complications. Traditional and conservative designs are found across Patek Philippe's watches made throughout their history — the utmost in understated elegance.

    Well-known for the Graves Supercomplication — a highly complicated pocket watch that was the world’s most complicated watch for 50 years — this family-owned brand has earned a reputation of excellence around the world. Patek's complicated vintage watches hold the highest number of world records for results achieved at auction compared with any other brand. For collectors, key models include the reference 1518, the world's first serially produced perpetual calendar chronograph, and its successor, the reference 2499. Other famous models include perpetual calendars such as the ref. 1526, ref. 3448 and 3450, chronographs such as the reference 130, 530 and 1463, as well as reference 1436 and 1563 split seconds chronographs. Patek is also well-known for their classically styled, time-only "Calatrava" dress watches, and the "Nautilus," an iconic luxury sports watch first introduced in 1976 as the reference 3700 that is still in production today.

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Ref. 5004/1G
An unique and very important white gold perpetual calendar split seconds chronograph wristwatch with moon phase, special monogram dial, bracelet, certificate, second case back and presentation box

2008
36mm diameter
Case, dial and movement signed

Estimate
HK$2,800,000 - 5,600,000 
€305,000-609,000
$350,000-700,000

Sold for HK$4,720,000

Contact Specialist
Ziyong Ho
Specialist
+852 9386 2032
yong.ho@phillips.com

The Hong Kong Watch Auction: FIVE

Hong Kong Auction 28 November 2017