Patek Philippe - The Geneva Watch Auction: XII Geneva Saturday, November 7, 2020 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2006
    Reference No: 5004P
    Movement No: 3'275'059
    Case No: 4'146'529
    Material: Platinum and diamonds
    Calibre: Manual, cal. CHR27-70Q, 28 jewels, stamped with the Geneva Seal
    Bracelet/Strap: Leather
    Clasp/Buckle: Patek Philippe platinum pin buckle
    Dimensions: 36mm Diameter
    Signed: Case, dial and movement signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin and Guarantie dated November 2006 and stamped by Russian retailer Mercury, additional white dial with diamond-set numerals, leather folder, folder outer packaging, earlier Patek Philippe wooden box with outer packaging. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present watch with semi-glossy black dial and diamond indexes in 2006 and its subsequent sale on October 10, 2006

  • Catalogue Essay

    First introduced in 1994, reference 5004 is distinguished by its complex perpetual calendar function with a split seconds complication. Widely considered one of Patek Philippe's most iconic models, it was replaced by reference 5204, which features an in-house movement. An application piece, it was at the time incredibly difficult to be granted the privilege of purchasing one: the intricacy of the split second module added to the already complex perpetual calendar chronograph and the enormously high finishing standard of the company commanded an incredibly slow production rate. It is estimated that about 200 platinum examples left the company workshop; this already small number is even more remarkable given the decades long production run of the piece.

    The present example is further set apart from the rest of its peers due to the presence of an additional white dial with diamond-set numerals, which allows the owner to dramatically change the looks of the watch. Furthermore, the silvered dial with diamond markers is extremely rare on this model. So far, only one other platinum 5004 is known bearing this elegant dial variation. The presence of its original Certificate confirming the black dial adds the final touch to this remarkable specimen.

  • 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. 5004P
An important, very rare and extremely elegant platinum split second chronograph wristwatch with perpetual calendar, moonphases, additional dial, Certificate and box

2006
36mm Diameter
Case, dial and movement signed

Estimate
CHF160,000 - 240,000 
€148,000-222,000
$174,000-261,000

Sold for CHF289,800

Contact Specialist

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

41 79 637 1724
aghotbi@phillips.com

The Geneva Watch Auction: XII

Geneva Auction 6 - 7 November 2020