115

Patek Philippe

Ref. 5004P-021

An important and highly attractive platinum perpetual calendar split-seconds chronograph wristwatch with moon phases, solid caseback, Certificate of Origin, and presentation box

Estimate
$160,000 - 320,000
$381,000
Lot Details
Manufacturer
Patek Philippe
Year
1998
Reference No
5004P-021
Movement No
879’702
Case No
4’034’172
Material
Platinum
Calibre
Manual, cal. CHR 27-70 Q, 28 jewels
Bracelet/Strap
Leather
Clasp/Buckle
Platinum Patek Philippe deployant clasp
Dimensions
36mm Diameter
Signed
Case, dial, movement, and clasp signed.
Accessories
Accompanied by Certificate of Origin dated July 27th, 1998, leather folio, solid caseback, fitted presentation box, and outer box.

Catalogue Essay

The Patek Philippe reference 5004 has become one of the greatest neo-vintage collectibles. Featuring a split-seconds chronograph function that allows simultaneous timing, it was the first serially produced Patek Philippe perpetual calendar model to feature such complications. A feast of technical mastery, the intricacy of the split-seconds function added to the already complex perpetual calendar chronograph was so complicated to manufacture that only a small number of watches were delivered each year. Powered by the Nouvelle Lemania-based calibre that can be admired through the crystal case back, the reference was produced in a variety of metals (pink gold, yellow gold, white gold, platinum and stainless steel) during a 16-year run, from 1994 till 2010.

Not too small nor too large, the watch measures an elegant 36mm diameter and shares the aesthetics of the long lineage of perpetual calendar chronographs such as the reference 3970 and the iconic references 2499 and 1518. Yet, its stepped case is a little bit thicker and larger than its predecessors to accommodate the split-second complication, giving the watch a contemporary presence to the wrist. Displaying an oversized crown at 3 o’clock and an understated silver dial with applied Arabic numerals, the present platinum example exudes a potent mix of simplicity, modern aesthetics, and traditions; a winning combination to create one of the most desirable and versatile wristwatches.

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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