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Property of the Original Owner

1017Σ

Patek Philippe

Ref. 5020

“TV Screen”

A very early and rare yellow gold cushion-shaped perpetual calendar chronograph wristwatch with Breguet numerals, moon phases, leap year, 24-hour indication and presentation box

Estimate
HK$600,000 - 1,000,000
€70,800 - 118,000
$76,900 - 128,000
HK$1,079,500
Lot Details
Manufacturer
Patek Philippe
Year
1994
Reference No
5020
Movement No
3’045’012
Case No
2’956’092
Model Name
“TV Screen”
Material
18K yellow gold
Calibre
Manual, CH 27-70 Q, 24 jewels
Bracelet/Strap
Crocodile
Clasp/Buckle
18K yellow gold Patek Philippe pin buckle
Dimensions
37mm width
Signed
Case, dial, movement and buckle signed
Accessories
Accompanied by Patek Philippe presentation box and outer packaging. Further delivered with the Patek Philippe Extract from the Archives confirming the date of manufacture of the present timepiece in 1994 with an opaline silvered dial, yellow gold Breguet numerals, English calendar and its subsequent date of sale on 8th November 1994.
Catalogue Essay
Unveiled in 1994, the Patek Philippe reference 5020, endearingly known as the "TV Screen" for its distinctive cushion-shaped case, enjoyed but a brief eight-year production run.

Reminiscent of the Art Deco timepieces of the 1920s, the reference 5020 was not particularly well-received at the time of its release. Today, however, it is fervently sought-after by discerning collectors for its unusual case design, with merely around 750 examples crafted in total from 1994 to 2002 - making it the most scarce of the modern perpetual calendar chronographs.

The present yellow gold example is splendidly preserved, with unrubbed hallmarks and a breathtaking, immaculate Breguet dial. What's more intriguing is the movement number of this beautiful timepiece. According our research, the movement numbers of the reference 5020 started from 3'045'000, and the current watch bearing number 3'045'012 could very well be the 13th example to ever leave the manufacturer and the earliest example known in the market. The Extract from the Archives further confirms the opaline silvered dial, yellow gold Breguet numerals, and the English perpetual calendar.

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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