992

Patek Philippe

Ref. 5059G-000

A fine and well-preserved white gold perpetual calendar wristwatch with center seconds, retrograde date, moon phases, leap year indication, officer-style hinged caseback, setting pin, Certificate of Origin and presentation box

Estimate
HK$200,000 - 360,000
€22,700 - 40,900
$25,600 - 46,200
HK$254,000
Lot Details
Manufacturer
Patek Philippe
Year
Circa 1999
Reference No
5059G-000
Movement No
1’957’476
Case No
4’057’876
Material
18K white gold
Calibre
Automatic, cal. 315 S-QR, 31 jewels
Bracelet/Strap
Leather
Clasp/Buckle
18K white gold Patek Philippe deployant clasp
Dimensions
36mm diameter
Signed
Case, dial, movement and clasp signed
Accessories
Accompanied by Patek Philippe Certificate of Origin stamped Patek Philippe Salon Paris, dated April 1999, instruction manual, product literature, leather folio, fitted presentation box and outer packaging.

Catalogue Essay

The ref. 5059 was introduced in 1998 to replace the previous ref. 5050, the first serially produced perpetual calendar with a retrograde date by Patek Philippe. Discontinued in 2006, the ref. 5059 was produced in all four precious metals and is particularly noteworthy for its officer-style hinged case back and elongated lugs with screwed pins. Cased in white gold, this example is particularly elegant and sublime, even more so given the stark white dial contrasted with the painted black Roman numerals.

A robust and state-of-the-art in-house movement, it features an intriguing retrograde date complication as part of its perpetual calendar function. At the end of each month, the date hand automatically flies back to its original starting point – a very difficult function to reliably implement in watchmaking.

Presented in excellent overall condition with its Certificate of Origin stamped the Patek Philippe Salon in Paris, it is further accompanied by a special presentation box engraved with the Paris Salon address “10 Pl. Vendôme”, making this ref. 5059 in white gold even more collectible.

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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