Patek Philippe - The Geneva Watch Auction: XVII Geneva Saturday, May 13, 2023 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2016
    Reference No: 5204P-011
    Movement No: 5'252'374
    Case No: 6'068'205
    Material: Platinum
    Calibre: Manual, cal. CH 29-535 PS AIG.1, 33 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated July 15, 2016, additional caseback, setting pin, leather portfolio, product literature, presentation box and outer packaging.

  • Catalogue Essay

    The line of perpetual calendar chronograph wristwatches is one of the cornerstones of Patek Philippe’s collection. It all began in 1940 with the introduction of reference 1518; since then, the line has continuously been in production until now, spawning five main references. It is however only in recent times, with the introduction of reference 5004 in 1996 that a split-second feature was added to the ensemble.

    Launched in 2012, the ref. 5204 replaced the ref. 5004 being the first perpetual calendar chronograph wristwatch to feature the manufacturer’s first in-house cal. CHR 29-535 PS Q, replacing its former Lemania based cal. CHR 27-70Q.

    The addition of a split-second feature propels the watch into the ultimate echelon of watchmaking, the split-second chronograph being one of the most daunting complications to execute, together with the minute repeater. Such mechanical prowess coupled with the generous proportions of the watch and the quintessentially Patek Philippe design of the piece made reference 5204 an instant classic, highly coveted by collectors.

    Cased in platinum and displaying a striking black dial, the present timepiece is preserved in excellent and barely worn condition and is accompanied by all 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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Σ156

Ref. 5204P-011
A very fine and attractive platinum perpetual calendar split-seconds chronograph wristwatch with moon phases, leap year, day and night indication, additional caseback, certificate of origin and presentation box

2016
40mm Diameter
Case, dial, movement and clasp signed

Estimate
CHF120,000 - 240,000 
€125,000-250,000
$137,000-274,000

Sold for CHF228,600

Contact Specialist

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

+41 79 637 17 24
AGhotbi@phillips.com

Tiffany To
Head of Sale, Geneva

+41 79 460 55 88
TiffanyTo@phillips.com

The Geneva Watch Auction: XVII

Geneva Auction 13 - 14 May 2023