Patek Philippe - The Hong Kong Watch Auction: SEVEN Hong Kong Monday, November 26, 2018 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2003
    Reference No: 5035
    Movement No: 3’134’929
    Case No: 4’191’042
    Material: 18K white gold
    Calibre: Automatic, cal. 315/198, 35 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K white gold Patek Philippe buckle
    Dimensions: 36.5 mm. Diameter
    Signed: Case, dial and movement signed
    Accessories: Accompanied with Extract from the Archives confirming production of the present watch in 2003 and its subsequent sale on June 20, 2003.
    Literature: An example of Ref. 5035 is illustrated in Huber, M. & Banbery, A., Patek Philippe Wristwatches, Second Edition, p. 323.

  • Catalogue Essay

    Brought into the world in 1996, Patek Philippe's reference 5035 was the world’s first wristwatch with an annual calendar complication. With this sophisticated and ingenious feature, it was not necessary for the wearer of the watch to adjust the date over the course of a year – more specific, from March 1 to the last day of February in the following year. The annual calendar complication automatically takes into account the months with 30 and 31 days. Therefore, only one correction is necessary on March 1, as February has less than 30 days.

    In addition to the date, which is shown in an aperture at 6 o’clock, this watch also indicates the day of a week, the month and 24-hour time in subsidiary dials.
    This model was officially discontinued in 2005, offered in overall excellent condition, this watch is very collectable in virtue of its mechanical artistry and fine aesthetics. Our research shows that the present lot is fresh to the auction market.

  • 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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Σ1047

Ref. 5035
A fine and attractive white gold annual calendar wristwatch with sweep center seconds and 24-hour subsidiary dial

2003
36.5 mm. Diameter
Case, dial and movement signed

Estimate
HK$95,000 - 140,000 
€10,500-15,500
$12,200-17,900

Sold for HK$137,500

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: SEVEN

Hong Kong Auction 27 November 2018