Patek Philippe - The Geneva Watch Auction: XVIII Geneva Friday, November 3, 2023 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2005
    Reference No: 5074J-011
    Movement No: 1'906'161
    Case No: 4'225'009
    Material: 18K yellow gold
    Calibre: Automatic, cal. R 27 Q, 39 jewels, stamped with the Geneva Seal
    Bracelet/Strap: Leather
    Clasp/Buckle: 18K yellow gold Patek Philippe pin buckle
    Dimensions: 42mm Diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated August 2, 2005, additional solid caseback, setting pin, instruction documents, leather document holder with outer packaging, presentation wooden box with key and outer packaging

  • Catalogue Essay

    Since the turn of the Millennium, the "50" series of Patek Philippe watches including the reference 5070, 5016 and 5074 have gained notoriety both due to their complication, but also due to the supremely elegant and stately style. The reference 5074 most notably is an evolution of the iconic 1989 reference 3974, a watch launched in celebration of the 150th Anniversary of the brand - now a collecting icon. They both share the same complication: a self-winding movement with perpetual calendar, moon phases and crucially a minute repeater (albeit cathedral in the 5074). However the 5074 represents one of the first truly modern evolutions of Patek Philippe design in highly complicated watches. Abandoning the restrained 36mm case of the 3974, it features an impressive 42mm case with a large stepped bezel which further emphasizes its size. It is important to note that such a diameter is not a technical demand: while the cathedral gongs indeed require more space than standard ones, it would have fitted in a smaller case. It is instead a purely aesthetic decision and a somewhat historic one: it marks the beginning of Patek Philippe moving carefully away from the canons of mid-century aesthetics and into those of the new millennium.

    Patek Philippe released the reference 5074 in yellow gold in 2001 to the delight of collectors and lovers of high horology, replacing it with the pink gold model in 2005, and the coveted platinum edition was later introduced in 2009. Without question a 21st century take on the grand complication watches of the mid-20th century's golden age of horology, it introduced to a new generation mechanical complexity in a fresher design package while still maintaining a link to the Patek Philippe heritage thanks to a number of elements such as the downturned fluted lugs reminiscent of those found on the iconic 2499. The result is a perfect amalgama of vintage and modern.

    The present watch is offered in outstanding condition, complete with a full suite of accessories including of course the additional solid caseback and Certificate of Origin.

  • 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. 5074J-011
An exquisite, stately and highly refined yellow gold minute repeating automatic wristwatch with perpetual calendar, moonphases, 24-hour indication, additional caseback, certificate and presentation box

2005
42mm Diameter
Case, dial, movement and buckle signed

Estimate
CHF250,000 - 400,000 
€260,000-415,000
$275,000-440,000

Sold for CHF431,800

Contact Specialist

Alexandre Ghotbi
Deputy Chairman, Watches, Head of Watches, Europe, and Middle East

+41 79 637 17 24
AGhotbi@phillips.com

Tiffany To
Head of Sale, Geneva

+41 79 460 55 88
TiffanyTo@phillips.com

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The Geneva Watch Auction: XVIII

Geneva Auction 3 - 4 November 2023