Patek Philippe - The Geneva Watch Auction: XIII Geneva Saturday, May 8, 2021 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2016
    Reference No: 5950R
    Movement No: 5'252'067
    Case No: 6'143'991
    Material: 18k pink gold
    Calibre: Manual, cal. CHR 27-525 PS, 27 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18k pink gold Patek Philippe pin buckle
    Dimensions: 36.5mm Width and 37mm Length
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin, Attestation of Limited edition, leather album, second solid caseback, hang tag, product literature, fitted box, outer packaging.

  • Catalogue Essay

    Even though the split seconds chronograph can be mistaken for a chronograph with “just” an extra hand, the dexterity and know-how required to build this complication put it on the top of the list of the most difficult complications to master along with chiming watches.

    Patek Philippe has a long history in the mastering of this complication. The brand presented its first split-seconds chronograph in 1923, with a Victorin Piguet-based ebauche housed in an 18K yellow gold officer-style case. Subsequent split seconds chronographs produced in series had two buttons: the reference 1436 (about 165 total examples produced between 1938 and 1971), the reference 1563, and the unique piece reference 2512.

    Patek Philippe wouldn’t produce another split-seconds chronograph until the reference 5959 was introduced in 2005, fitted with an all-new, in-house ultra-thin movement, the calibre CHR 27-525 PS, and housed within a 33 mm platinum case. The caliber was an extraordinary achievement in fine watchmaking history as it was the thinnest split seconds chronograph ever created at the time. Executed as a single-button split seconds chronograph, its design brilliantly demonstrated the prowess and know-how of Patek Philippe in the field of complications.

    This exquisitely finished caliber incorporates a number of technical features (such as optimized teeth geometry and an improved clutching/unclutching system) that enable its remarkable thinness, and at the same time increase the energy efficiency and reliability of the chronograph complication. Furthermore, this was Patek Philippe’s first fully in-house designed and manufactured chronograph movement.
    At Baselworld in 2010, Patek Philippe announced the reference 5950, a cushion-form, single button split-seconds chronograph with the same in-house movement but boasting subtle Belle Epoque styling.
    Originally launched in stainless steel, Patek Philippe launched in 2016 an ultra exclusive pink gold version with pink dial limited to just 15 examples and reserved for the brand’s most valued collectors.

    So rare is this piece that it is not only the very first time that this combination arrives on the international auction market, but the very first time it is seen by many.

    The present 5950R impresses with its raised, applied black gold Breguet numerals, black lacquer scroll detailing at the corners and on the buckle (as well as on the back of the extra solid caseback).

    The direct inspiration for the reference 5950 can be found in the archives of the Patek Philippe Museum, with a similar single-button split-seconds chronograph cased in 18K yellow gold and bearing similar scroll details on the dial.

    In excellent condition the watch is offered with all of its original accessories.

  • 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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Ref. 5950R
An incredibly rare and attractive 15 pieces limited edition pink gold split seconds chronograph wristwatch with pink dial, certificate of origin, additional solid case back and presentation box

2016
36.5mm Width and 37mm Length
Case, dial, movement and buckle signed

Estimate
CHF200,000 - 400,000 
€181,000-363,000
$218,000-436,000

Sold for CHF390,600

Contact Specialist

Alexandre Ghotbi
Head of Watches, Continental Europe and the Middle East

41 79 637 1724
aghotbi@phillips.com

 

 

The Geneva Watch Auction: XIII

Geneva Auction 8 - 9 May 2021