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

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  • Manufacturer: Patek Philippe
    Year: 2002
    Reference No: 5020J-013
    Movement No: 3’046’479
    Case No: 2’956’124
    Model Name: “TV Screen”
    Material: 18K yellow gold
    Calibre: Manual, cal. 27-70 Q, 24 jewels
    Bracelet/Strap: Alligator strap
    Clasp/Buckle: 18K yellow gold Patek Philippe buckle
    Dimensions: 37 mm width and 45 mm length
    Signed: Case, dial and movement signed
    Accessories: Accompanied with Certificate of Origin stamped by F. Veronesi & Figil on December 7, 2002, Patek Philippe wooden fitted presentation box, setting pin, additional caseback, product literature, leather holder, Patek Philippe service invoice dated August 21, 2018 and outer packaging

  • Catalogue Essay

    The reference 5020’s avant-garde design and tasteful proportions sets it apart from other perpetual calendar chronographs created by the brand. At the time of its launch, reference 5020 was too unconventional for Patek Philippe’s clientele and only elicited tepid response. Consequently, production remained extremely limited, making the model exceptionally scarce. Today, the reference is highly popular and sought-after thanks to its rarity, iconic look and complex movement.

    Instantly recognizable and eternally classic, with time rendered the model has become one of the most collectable and coveted perpetual calendar chronograph models created by Patek Philippe. The present lot is complemented with Certificate of Origin, box, setting pin, additional caseback and other accessories. The present example in 18K yellow gold is fresh to the market, and the 17th example of the model in yellow gold ever offered at auction.

  • 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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Σ918

Ref. 5020J-013
A very rare and attractive yellow gold chronograph wristwatch with perpetual calendar, moon phases, Certificate of Origin, setting pin, additional case back and box

2002
37 mm width and 45 mm length
Case, dial and movement signed

Estimate
HK$800,000 - 1,600,000 
€88,400-177,000
$103,000-205,000

Sold for HK$1,118,750

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