Patek Philippe - The Hong Kong Watch Auction: FIVE Hong Kong Monday, November 27, 2017 | Phillips
  • Manufacturer: Patek Philippe
    Year: 2011
    Reference No: 5073P-001
    Movement No: 5'000'592
    Case No: 4'549'165
    Material: Platinum and diamond-set
    Calibre: Automatic, cal. R 27 Q, 39 jewels, stamped with the Patek Philippe Seal
    Bracelet/Strap: Black Patek Philippe crocodile strap
    Clasp/Buckle: Platinum and diamond-set Patek Philippe buckle
    Dimensions: 42mm diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin stamped by USA retailer Razny Jewelers and dated April 10, 2012, setting pin, product literature and leather portfolio. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present watch in 2011 and its subsequent sale on December 8, 2011.

  • Catalogue Essay

    Launched in 2011, reference 5073 is among Patek Phllippe's most lavish and luxurious creations to date. Fitted with baguette diamonds to the bezel and lugs, the model's diamond weight adds up to an impressive 5.288 carats, giving it an unmistakable presence on the wrist.

    Reference 5073 was only available to Patek Philippe's most exclusive clients and produced upon special request. It was incredibly time consuming for the firm to find such well-matched diamonds, and setting the baguette stones was extremely laborious. As a result very few examples were manufactured, making this reference exceedingly rare, as confirmed by the fact that the present watch is only the third reference 5073 to ever appear on the auction market thus far.

    Fitted with a perpetual calendar complication, reference 5073 also has a minute repeating mechanism which chimes with great clarity and tone. Of note are the particularly long cathedral gongs, which are almost twice as long as conventional gongs. These ensure that watch has a deeper tone with longer resonance. This is particularly noteworthy as the present watch is cased in platinum, which can cause the watch to chime less brightly than their gold counterparts, due to the density of the metal.

    This watch is furthermore accompanied by its original certificate and portfolio photograph and Extract from the Archives. It is interesting to note that the sale date on the Extract does not match the date on the Certificate. This because Patek Philippe archives record, for watches sent to the USA, the date the watch is sold to their American distributor - the Henry Stern Agency - while of course the Certificate mentions the sale date to the final client.

  • 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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Ref. 5073P-001
An extremely fine, rare and attractive platinum and diamond-set minute repeating perpetual calendar wristwatch with moon phases and certificate

42mm diameter
Case, dial and movement signed

HK$3,200,000 - 5,600,000 

Sold for HK$4,540,000

Contact Specialist
Ziyong Ho
+852 9386 2032

The Hong Kong Watch Auction: FIVE

Hong Kong Auction 28 November 2017