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Patek Philippe released the reference 5074 in yellow gold in 2001 to the delight of collectors and lovers of high horology, replacing it with the pink gold model in 2005, and the coveted platinum edition was later introduced in 2009. Without question a 21st century take on the grand complication watches of the mid-20th century's golden age of horology, it introduced to a new generation mechanical complexity with a number of elements such as the downturned fluted lugs reminiscent of those found on the iconic 2499 to produce a recipe that expressed the perfect combination of vintage and complication.
Fresh to the auction market and consigned from the original owner, the present watch was brand new, complete with a full suite of accessories and double sealed originally. It was only unsealed on January 17, 2023 for the purpose of shipping the timepiece. A video of the unsealing of the timepiece is available to view, and the timepiece is also accompanied by a signed letter from Phillips' in-house counsel attesting this fact. As such, it is a study of originality, showing how a reference 5074 should look when it is brand new, from the curves on the lugs, to the fluting and all the hallmarks - all are original, as if the timepiece left the Patek Philippe manufacture yesterday.
Patek Philippe
Swiss | 1839Since 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.