Patek Philippe - The Hong Kong Watch Auction: NINE Hong Kong Monday, November 25, 2019 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2012
    Reference No: 5101G-001
    Movement No: 5’250’207
    Case No: 4’550’085
    Material: 18K white gold
    Calibre: Manual, cal. 28-20/222, 29 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe pin buckle
    Dimensions: 51.5mm Length x 29.5mm Width
    Signed: Case, dial, movement and buckle signed
    Accessories: Further accompanied by Patek Philippe Certificate of Origin stamped Rüschenbeck KG dated 15th February 2012, Rate Accuracy Certificate for Patek Philippe Tourbillon Watches, photo, product literature, instruction manual, slip case, leather portfolio, outer packaging and fitted presentation box.

  • Catalogue Essay

    The Patek Philippe ref. 5101 is with no doubt a sleeper in the lineage of complicated watches manufactured by the firm. With its simple aesthetics and clear-cut dial layout and design, one may think of it as just a large rectangular-shaped wristwatch. However, when one zooms their lenses on the subtle details on the dial, a 10-Day power reserve indicator is witnessed and furthermore a tourbillon inscription on the 6 O’clock subsidiary dial. Laying hidden underneath the dial, a highly complex tourbillon escapement is subtly rotating on its axis.

    With great attractiveness, the rectangular stepped case is classy, elegant and romanticizes with great inspirations from the Art Deco period. However, the largest challenge and the most fascinating element was the execution of the desired 10-Day power reserve. In a rectangular case with a new movement fully developed specifically for the reference, a new barrel had to be developed to achieve its purpose. Philip Barat, Director of Development for Patek Philippe realized that in order to achieve such result, the right amount of turns was needed for the barrel, the positioning of the barrel as well as the introduction of two barrels instead of the traditional one. The idea of implanting a twin barrel in the movement was to reduce mechanical wear and torque for enhanced efficiency and robustness.

    With variations in yellow gold, pink gold, white gold and platinum, the reference was first introduced in 2003 in platinum with a salmon dial. The platinum edition was replaced by pink gold in 2009, which was then replaced by white gold in 2011 and in 2012 the yellow gold version was introduced. It is estimated that only 100 pieces in white gold fitted with a blue dial was ever produced compared to 500 pieces in platinum. The present example in white gold is preserved in absolute excellent overall condition and is complete with the Certificate of Origin and all the other accessories.

  • 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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Σ1060

Ref. 5101G-001
An extremely fine, attractive and rare white gold rectangular-shaped wristwatch with tourbillon escapement, 10-Day power reserve indication, small center seconds, “Breguet” numerals, Certificate of Origin and presentation box

Circa 2012
51.5mm Length x 29.5mm Width
Case, dial, movement and buckle signed

Estimate
HK$1,000,000 - 2,000,000 
€114,000-228,000
$128,000-256,000

Sold for HK$1,250,000

Contact Specialist

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

The Hong Kong Watch Auction: NINE

Hong Kong Auction 25-26 November 2019