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

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  • Manufacturer: Patek Philippe
    Year: 1995
    Reference No: 5050
    Movement No: 1'957'630
    Case No: 2'972'236
    Material: Platinum
    Calibre: Automatic, cal. 315 S WR, 31 jewels
    Bracelet/Strap: Patek Philippe crocodile
    Clasp/Buckle: Platinum Patek Philippe buckle
    Dimensions: 35mm. Diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe fitted wooden presentation box, original Certificate of Origin, hard caseback, two white gold setting pins, leather envelop, 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 August 7th, 1996

  • Catalogue Essay

    The reference 5050 was produced from 1993 until 2002 and was Patek Philippe’s first serial produced perpetual calendar wristwatch with retrograde date display. According to our research, approximately 150 examples are cased in platinum. The present watch is in exceptional overall condition and complete with box, papers and solid caseback. It is from the second series with applied baton numerals, pearled minute divisions and the word “Automatic” on the moonphase. The watch is a collector’s delight and reminiscent of the reference 2497 and 2438-1, which were the last perpetual calendar models to feature center seconds.

  • 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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FROM AN IMPORTANT ASIAN COLLECTOR

Σ934

Ref. 5050
A rare and fine platinum perpetual calendar wristwatch with retrograde date, leap year, moonphase and presentation box, original certificate and additional hard caseback

1995
35mm. Diameter
Case, dial and movement signed

Estimate
HK$320,000 - 480,000 
€35,200-52,800
$41,000-61,500

Sold for HK$550,000

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: SIX

Hong Kong Auction 29 May 2018