Patek Philippe - The Hong Kong Watch Auction: ONE Hong Kong Monday, November 30, 2015 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1999
    Reference No: 5050G/1G-001
    Movement No: 1'957'594
    Case No: 2'998'643
    Material: 18k white gold
    Calibre: Automatic, 315/136, 31 jewels
    Bracelet/Strap: 18k white gold Patek Philippe bracelet, 186 mm. maximum length
    Clasp/Buckle: 18k white gold Patek Philippe folding clasp stamped PPC
    Dimensions: 35 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin dated 3 February 2000, setting pin, product literature, instruction manual and leather wallet. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present watch with opaline-white dial and Roman numerals in white gold in 1999 and its subsequent sale on 7 February 2000.
    Literature: For another example of reference 5050, please see Patek Philippe Wristwatches by Martin Huber and Alan Banbery, page 364.

  • Catalogue Essay

    The reference 5050 was the first retrograde date perpetual calendar watch put into production by Patek Philippe during the 1990's. It probably takes inspiration from the Ref: 96 retrograde perpetual calendar originally made in 1937 and which at the time was the first perpetual calendar watch with retrograde date display.

    The 5050 was only produced for only about 4 short years and was available with two different dial configurations, either with baton markers or Roman numerals. The present watch is highlighted by the presence of an original, detachable, heavy white gold bracelet.

  • 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.

    View More Works

Σ355

Ref. 5050G/1G-001
A fine and rare white gold perpetual calendar wristwatch with sweep centre seconds, retrograde date, moon phases, leap year indicator, Roman numerals, bracelet and original certificate

1999
35 mm. diameter
Case, dial and movement signed

Estimate
HK$640,000 - 960,000 

Sold for HK$687,500

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: ONE

Hong Kong Auction 1 December 2015 11am