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  • Condition Report

  • Description

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  • Manufacturer: Patek Philippe
    Year: Circa 2017
    Reference No: 5204/1R
    Movement No: 5'254'118
    Case No: 6'254'269
    Material: 18K pink gold
    Calibre: Manual, cal. CHR 29-535 PS Q
    Bracelet/Strap: 18K pink gold Patek Philippe bracelet measuring 200mm max
    Clasp/Buckle: 18K pink gold Patek Philippe deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement and bracelet signed
    Accessories: Accompanied by Patek Philippe fitted box, second caseback, setting pin, leather document holder, product literature and outer packaging.

  • Catalogue Essay

    The technical prowess of the present Patek Philippe Ref 5204 featuring a perpetual calendar and split seconds chronograph is rivaled only by its sheer flamboyance with its black dial framed by a hefty pink gold case with matching bracelet.

    The line of perpetual calendar chronograph wristwatches is one of the cornerstones of Patek Philippe’s collection. It all began in 1941 with the introduction of reference 1518; since then, the line has continuously been in production until now, spawning five main references.

    In 1996, Patek Philippe released their first ever perpetual calendar split seconds chronograph reference via the 5004. Extremely well-received, the reference has marked another yet important moment for the firm as it featured the last Lemania-based caliber, cal. CH 27-70 Q. The reference was discontinued in 2010, however a limited series was released encased in stainless steel.

    In 2012, Patek Philippe replaced the ref. 5004 with the new ref. 5204. Another breakthrough for the firm, the new reference features Patek Philippe’s first in-house perpetual calendar split seconds chronograph cal. CHR 29-535 PS Q. Differing from the ref. 5004, the new model also features an enlarged 40mm diameter case compared to 36mm previously. While retaining similar aesthetics, the ref. 5204 featured some minor changes to the layout of the dial to enhance its legibility. One of the more noticeable adjustments was the implementation of an upside down moon phase at 6 o’clock as well as two apertures indicating day and night as well as leap years.

    The mechanical prowess coupled with the generous proportions of the watch and the quintessentially Patek Philippe design of the piece rendered ref. 5204 an instant classic, highly coveted by collectors.

    Unfortunately, the intricacy of the movement requiring highly skilled watchmakers to assemble them, means that only an extremely scarce number of watches are produced each year, making the model one of the hardest to source. The present ref. 5204 in pink gold with pink bracelet and black dial is only the second to appear at an international auction room.

  • 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. 5204/1R
A flamboyant and attractive pink gold perpetual calendar, split seconds chronograph with moon phases and bracelet

Circa 2017
40mm Diameter
Case, dial, movement and bracelet signed

Estimate
CHF130,000 - 260,000 
€121,000-242,000
$140,000-281,000

Place Advance Bid
Contact Specialist

Alexandre Ghotbi
Head of Watches, Continental Europe and the Middle East Director
[email protected]

The Geneva Watch Auction: XIV

Geneva Auction 5 & 7 November 2021