Patek Philippe - The Hong Kong Watch Auction: SIX Hong Kong Monday, May 28, 2018 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2012
    Reference No: 5270G
    Movement No: 5'632'692
    Case No: 4'570'701
    Material: 18K white gold
    Calibre: manual, cal. CH 29-535 PS Q, 33 jewels, stamped with the Patek Philippe seal
    Bracelet/Strap: Patek Philippe leather strap
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 41mm diameter
    Signed: case, dial, movement, strap and clasp signed
    Accessories: accompanied by Patek Philippe Certificat of Origin stamped by Tokyo retailer Sphere Patek Philippe Boutique and dated January 6, 2013, dditional solid case back, setting pin, product literature, leather pouch, fitted presentation box and outer packaging. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present watch in 2010 with silvered satin-finished dial and black oxidized white gold baton-cut indexes and its subsequent sale on September 13, 2012

  • Catalogue Essay

    The perpetual calendar chronograph with moon phases line of timepieces is regarded as one of the most historical of Patek Philippe. In fact, it is the only set of complications which has been serially produced without a break from the 1940s until today. The present reference 5270, is the fifth iteration of this model, launched in 2011. It was preceded by reference 5970 (2004 - 2011), reference 3970 (1987 - 2004). reference 2499 (1949 - 1987) and reference 1518 (1940 - 1951).

    While in production now for less than a decade, the model features an evolution, with so far three recognized series. The present example is a representative of the first series.

    First series: the hands and numerals are black, offering the highest legibility among all the three series. The dial features railway minute divisions combined with Arabic five minutes division - a configuration typical of the 1940s, where this line of timepiece finds its genesis - and lacks the tachymeter scale, giving the impression of a large dial. It was produced from 2011 to 2013.

    Second series: in production from 2013 to 2015, the hand and numerals are now a more classic white and the tachymeter scale has been added. The scale follows the contour of the subsidiary seconds counter creating what is now known as "The Chin", a feature which prompted some American collectors to name this iteration "The Leno", after Jay Leno, one of the most famous and prominent chins of American TV.

    Third series: the iteration currently in production. The white numerals and hands are unchanged, but the tachymeter scale now stops where it intersects the running seconds subsidiary dials, a solution inspired by reference 2499.

    The present watch is offered in excellent condition and complete of its original sale kit. Considered the remarkable aesthetic difference of the black numerals and hands, the improved legibility they provide and the short production run, the first series 5270 is surely destined to follow in the tracks of its hallowed predecessors (one above all, reference 2499 first series) and become a highly collectible variation.

  • 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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Σ856

Ref. 5270G
A rare and extremely fine white gold perpetual calendar chronograph wristwatch with moon phases, day/night indication, leap year cycle indication, additional solid case back, Certificat and box

2012
41mm diameter
case, dial, movement, strap and clasp signed

Estimate
HK$700,000 - 1,000,000 
€77,100-110,000
$89,700-128,000

Sold for HK$812,500

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001
thomasperazzi@phillips.com

Ziyong Ho
Specialist
+852 9386 2032
ziyongho@phillips.com

Jill Chen
Specialist
+852 2318 2033
jillchen@phillips.com

The Hong Kong Watch Auction: SIX

Hong Kong Auction 29 May 2018