Patek Philippe - The Hong Kong Watch Auction: SEVEN Hong Kong Monday, November 26, 2018 | 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 stern buckle
    Dimensions: 37 mm. wide
    Signed: Case, dial and movement signed
    Accessories: Accompanied by Certificate of Origin, Patek Philippe Extract of Origin confirming the production of the present watch in 2000 and its subsequent sale on May 4th 2000, additional slivered dial with Breguet numerals, setting pin, product literature and presentation box.

  • Catalogue Essay

    Produced in 1994 with a short production run for about 8 years, Patek Philippe’s reference 5020 is also known as the “TV screen” due to it’s particular cushion shape. It’s avant-grade design set it apart from the other perpetual calendar chronograph at produced by Patek Philippe during that period.

    However, due to the it’s unusual case shape the response was lukewarm from clients resulting in very low production numbers over the years. It is believed that about 200 examples were made varying across 4 different metals, reference 5020 was produced in yellow gold, pink gold, white gold and platinum. To our best of knowledge, less than 20 pieces were cased in platinum throughout the entire production making it exceeding rare.

    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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Σ1049

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

2000
37 mm. wide
Case, dial and movement signed

Estimate
HK$1,800,000 - 4,000,000 
€199,000-442,000
$231,000-513,000

Sold for HK$3,280,000

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: SEVEN

Hong Kong Auction 27 November 2018