Patek Philippe - The Hong Kong Watch Auction: EIGHT Hong Kong Monday, May 27, 2019 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1997
    Reference No: Man's model: 5500

    Lady's model: 4900

    Movement No: 5500 yellow gold: 1'858'831
    5500 pink gold: 1'851'907
    5500 white gold: 1'858'005
    5500 platinum: 1'853'053
    4900 yellow gold:3'066'030
    4900 pink gold: 3'066'236
    4900 white gold: 3'066'672

    Case No: 5500 yellow gold: 4'013'682
    5500' pink gold: 4'014'447
    5500 white gold: 4'014'910
    5500 platinum: 4'014'098
    4900 yellow gold: 4'014'979
    4900 pink gold: 4'018'214
    4900 white gold: 4'018'077

    Model Name: Pagoda
    Material: 18K yellow gold, 18K pink gold, 18K white gold and 18K platinum
    Calibre: Ref. 5500: manual, cal. 215, 18 jewels, stamped with the Geneva Seal, COSC-certified
    Ref 4900: manual, cal 16 250, 18 jewels, stamped with the Geneva Seal, COSC-certified

    Bracelet/Strap: Alligator
    Clasp/Buckle: Patek Philippe 18K yellow gold, pink gold, white gold and platinum pin buckles
    Dimensions: 5100: 40.5mm length, 29.5mm width
    Signed: EACH: case, dial, movement and buckle signed
    Accessories: All: accompanied by Patek Philippe Certificate of Origin and Guarantee, Cosc Certificate, Attestation, Commemorative medal, fitted presentation box and outer packaging. Furthermore delivered with a group box for the collection and Patek Philippe Extract from the Archive for each watch.

  • Catalogue Essay

    While a relatively common occurrence in modern watchmaking, just a couple of decades ago limited editions timepieces were a much rarer breed. Reference 5500 and 4900 are among the extremely scarce limited edition wristwatch models made by Patek Philippe before the new millennium. Other examples from the time include some commemorative models such as reference 3960 and reference 3969, launched in celebration of the 150th anniversary of the company in 1989, and some special editions of existing models especially made for retailers (such as reference 3940 for Beyer) although the latter are variations of existing models, rather than true limited edition references.

    These two models, instead, are truly limited edition pieces. Made to commemorate the opening of Patek Philippe Plan-les-Ouates facility, each piece is delivered with, in addition to the normally occurring Certificate d’Origine, also a COSC certification and a limited edition attestation detailing the number of pieces made. Specifically, only 1100 pieces of reference 5500 were made in yellow gold, 500 in pink gold, 250 in white gold and 150 in platinum. The lady’s model is even scarcer, with an output of 500 pieces in yellow gold, 150 pieces in pink gold and 100 pieces in white gold.

    The present lot is a collection of all the 5500 variations produced, all offered in absolutely mint condition. Painstakingly assembled by a most discerning collector, he even managed to acquire an extremely rare group box for the entire 7-pieces collection.

  • 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

Σ1062

Ref. Man's model: 5500 Lady's model: 4900
A very rare collection of 4 men's and 3 ladies' rectangular commemorative limited edition wristwatches with Certificates, Attestations, COSC certifications, and special group presentation box with medal, made to commemorate the inauguration of Patek Philippe new Geneva workshop

1997
5100: 40.5mm length, 29.5mm width
EACH: case, dial, movement and buckle signed

Estimate
HK$500,000 - 1,000,000 
€56,400-113,000
$64,100-128,000

Sold for HK$825,000

Contact Specialist

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

The Hong Kong Watch Auction: EIGHT

Hong Kong Auction 28 May 2019