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

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  • Manufacturer: Patek Philippe
    Year: 2000
    Reference No: 5020P
    Movement No: 3’046’055
    Case No: 2’956’185
    Model Name: “TV Screen”
    Material: Platinum
    Calibre: Automatic, cal. CH-70 Q, 24 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: Platinum Patek Philippe buckle
    Dimensions: 37mm Width
    Signed: Case, dial and movement signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin, presentation box, additional slivered dial with Breguet numerals, setting pin and product literature. Further accompanied by a Patek Philippe Extract from the Archives confirming the production of the present watch in 2000 and its subsequent sale on May 4th 2000.

  • Catalogue Essay

    Patek Philippe's reference 5020, launched in 1994 and discontinued in 2002, is known to collectors as the “TV screen” due to it’s particular cushion shape. It’s avant-garde design set it apart from other perpetual calendar chronograph watches produced by the brand at that time, however due to it’s unusual case shape the response was lukewarm from clients resulting in low production numbers over the years. The model was made in all gold metals as well as platinum and research indicates Patek Philippe made approximately 150 examples in platinum.

    Serviced in 2008 and under the request of the previous owner during a factory overhaul, Patek Philippe provided an additional silvered dial with Breguet numerals. Further enhancing the attractiveness and desirability of the present lot. This is without a doubt one of the most collectible modern Patek Philippe modern complication.

  • 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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Σ1141

Ref. 5020P
An extremely rare and attractive platinum perpetual calendar chronograph wristwatch with moon phases, additional silvered dial with Breguet numerals, original certificate, setting pin and presentation box

2000
37mm Width
Case, dial and movement signed

Estimate
HK$2,200,000 - 4,000,000 
€248,000-451,000
$282,000-513,000

Sold for HK$2,500,000

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