Patek Philippe - The Hong Kong Watch Auction: SEVEN Hong Kong Monday, November 26, 2018 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1995
    Reference No: 5050
    Movement No: 1’957’497
    Case No: 2’980’973
    Material: 18K pink gold
    Calibre: Automatic, cal. 315 S’QR, 31 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K pink gold Patek Philippe buckle
    Dimensions: 35.5 mm diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin stamped by King’s Sign Watch Co. in April 1997, Patek Philippe maroon leather fitted presentation box, leather certificate holder, product literature and outer packaging. Further delivered with Extract from the Archives confirming production of the present watch in 1995 and its subsequent sale on July 19, 1996

  • Catalogue Essay

    Launched in 1993 and discontinued in 2002, the reference 5050 was Patek Philippe’s first series of perpetual calendar wristwatch to feature a retrograde date function. The reference 5050 was also the first perpetual calendar series produced with sweeps center seconds, ever since the references 2497 and 2438-1.

    The present watch belongs to the third series of reference 5050, with beautifully applied Roman numerals, a sophisticated moon-phase aperture as well as pearled minute indexes. Fitted with a finely created 18k pink gold case, the present watch is the epitome of fine artisanship and superb technological prowess. Complimented with a Certificate of Origin and fitted presentation box, the present lot is not only a fine example from the reference 5050 series, but is also highly collectable for watch collectors around the world.

  • 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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Σ920

Ref. 5050
A very fine and rare pink gold wristwatch with perpetual calendar, moon phases, day, date, month and leap year indication, retrograde date hand, sweep center seconds, Certificate of Origin and presentation box

1995
35.5 mm diameter
Case, dial and movement signed

Estimate
HK$280,000 - 400,000 
€30,900-44,200
$35,900-51,300

Sold for HK$325,000

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: SEVEN

Hong Kong Auction 27 November 2018