Patek Philippe - The Hong Kong Watch Auction: FOUR Hong Kong Monday, May 29, 2017 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1997
    Reference No: 5500
    Movement No: 1'858'546
    Case No: 4'014'402
    Material: 18k pink gold
    Calibre: Mechanical, 215, 18 jewels
    Bracelet/Strap: Black Patek Philippe crocodile leather strap
    Clasp/Buckle: 18k pink gold Patek Philippe Henri Stern buckle
    Dimensions: 30 mm. width
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin, Attestation confirming that the watch was specially produced in 1997 to commemorate the inauguration of Patek Philippe's new watchmaking centre in Geneva in 1997, commemorative medal, product literature and leather wallet. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present watch in 1997 and its subsequent sale on 24 September 1997.

  • Catalogue Essay

    Introduced in 1997, the reference 5500 was made to commemorate the inauguration of Patek Philippe's new watchmaking centre in Plan-les-Ouates in Geneva. The present watch, encased in a distinctive pink gold curved case, is part of a limited edition of 500 pieces only. At the completion of the production, Patek Philippe destroyed all the toolings needed for manufacturing this reference, making this watch a truly exclusive.

  • 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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Property from an Important Private Gentleman

Σ1148

Ref. 5500
A fine and rare pink gold limited edition rectangular wristwatch, made to commemorate the opening of Patek Philippe's watchmaking centre in Geneva in 1997

1997
30 mm. width
Case, dial and movement signed

Estimate
HK$120,000 - 180,000 
€14,400-21,700
$15,000-23,000

Sold for HK$175,000

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: FOUR

Hong Kong Auction 30 May 2017