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

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  • Manufacturer: Patek Philippe
    Year: 2015
    Reference No: 5089G-041
    Movement No: 5'841'172
    Case No: 6'053'184
    Model Name: Calatrava
    Material: 18K white gold
    Calibre: Automatic, cal. 240, 27 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K white gold Patek Philippe pin buckle
    Dimensions: 38.5mm Diameter
    Signed: Case, dial, movement and pin buckle signed
    Accessories: Accompanied with Patek Philippe Certificate of Origin dated November 11, 2015 for Boodles, leather wallet, numbered slipcase, instruction manual, product literature, hang tag, fitted presentation box and outer packaging.

  • Catalogue Essay

    Patek Philippe debuted its Watch Art Grand Exhibition at London's Saatchi Gallery in 2015 and aptly highlighted its artisan's skills with a limited number of special edition pieces offered to its most valued clients. The present example of the much admired reference 5089 was perhaps one of the most targeted and unique offerings displaying in grisaille technique enamel, one of the United Kingdoms most loved and admired institutions, the Palace of Westminster. Adding a finer layer of personalisation for this historical exhibition the outer track of the dial features numerals that are a direct match to those fitted to The Great Clock, "Big Ben".

    Part of the London Monuments series, the reference 5089G-041 was accompanied by a further limited series -040 that juxtaposed London's historical sky line with more contemporary architecture of the London Eye and Gherkin. Research shows that of this extremely rare series of handcrafts, the present lot is the first to publicly appear at auction and is both consigned from the original owner and was presented to Phillips' London office double sealed before being removed from its seals for shipping purposes on January 17, 2023. This fact has been attested to by Phillips' General Council with video.

    Visible through a sapphire caseback under the discreet hinged caseback, this classic Calatrava cased in white gold houses the ultra-thin self winding caliber 240 micro-rotor movement. Impressive and a rare treasure of artisanal crafts, the present ref. 5089G-041is further enhanced by a full suite of accessories including International Guarantee stamped by the UK retailer Boodles and box. Such masterpieces of artisanal excellence are truly rare and the present watch represents a unique opportunity to acquire one of Patek's finest editions combined with one of the worlds most unique and revered backdrops.

    It is the first time this reference appears with the present dial configuration at auction, marking an important moment in auction history.

  • 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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Σ94

Ref. 5089G-041
A very rare and attractive limited edition white gold wristwatch with enamel dial depicting the Palace of Westminster, certificate of origin and presentation box, made to commemorate the 2015 Patek Philippe Watch Art Grand Exhibition at the Saatchi gallery in London, the only one known to appear at auction

2015
38.5mm Diameter
Case, dial, movement and pin buckle signed

Estimate
CHF80,000 - 160,000 
€83,300-167,000
$91,400-183,000

Sold for CHF203,200

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