Patek Philippe - The Watch Auction: One Geneva Saturday, May 9, 2015 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2003
    Reference No: 5056P
    Movement No: 3’288’689
    Case No: 4’223’441
    Material: Platinum
    Calibre: Automatic, 315 S IRM QA LU
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Henri Stern buckle signed PPC
    Dimensions: 36mm. Diameter
    Signed: Case, dial and movement signed
    Accessories: Patek Philippe presentation box with outer packaging. Furthermore delivered with Extract from the Archives confirming production of the present watch in 2003 and its subsequent sale on December 11th, 2003.

  • Catalogue Essay

    The 5056 was first introduced in 1998 and remained in production until 2006. The annual calendar mechanism, patented by Patek Philippe in 1996 is a calendar which only requires adjusting once a year at the end of February. The 5056 is fitted with a 36 hour power indicator whereas the annual calendar ref. 5035 was fitted without.

  • 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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Σ107

Ref. 5056P
A rare platinum annual calendar wristwatch with centre seconds and power reserve

2003
Platinum
36mm. Diameter
Case, dial and movement signed

Estimate
CHF15,000 - 25,000 

Sold for CHF27,500

Contact Specialist
Nathalie Monbaron
+41 22 317 81 83

The Watch Auction: One

Geneva Auction 10 May 2015 6:30pm