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

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  • Manufacturer: Patek Philippe
    Year: 2008
    Reference No: 5013P-010
    Movement No: 1'908'072
    Case No: 4'330'454
    Material: Platinum
    Calibre: Automatic, cal. R 27 PS QR, 39 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: Platinum Patek Philippe buckle
    Dimensions: 37mm Width
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated February 28, 2008, additional caseback, setting pin, leather portfolio, winding presentation box and outer packaging.

  • Catalogue Essay

    Chiming with unparalleled chime and clarity and one of Patek Philippe’s most impressive and complicated timepieces launched, reference 5013 is is a very impressive model, combining good looks with technical superiority - both attributes the Genevan brand is particularly known for.

    At the time of launch in 1992, it was the first automatic minute repeater perpetual calendar with retrograde date function and was the most complicated timepiece in the Patek Philippe catalogue with a movement consisting of 515 individual parts constructed, designed especially for the reference. Encasing the self-winding movement is a beautiful 37mm tonneau-shaped case. Cases from early examples of the reference were made by renowned master case maker Jean-Pierre Hagmann. Throughout its production span from 1992 – 2010, it is estimated that 101 calibres were produced for the reference with 30 examples in yellow gold, 20 examples in pink gold, 6 examples in white gold and 45 examples in platinum. With a long production span and with only 101 examples believed to be produced across all four materials, the ref. 5013 is certainly a highly complicated timepiece to manufacture and is most certainly rare.

    The development of the Ref. 5013’s movement (Cal. R 27 PS QR) was the continuation and result of Patek Philippe's research and development when it created the brand’s first automatic minute repeaters in 1989 to celebrate the brand’s 150th anniversary. Historically and traditionally, the minute repeating complication was powered by a manually wound movement. Thus, Patek Philippe's made an horological intervention when it created the automatic minute repeating mechanism in 1989.

    The tonneau-shaped platinum case is a nod to the past, as the model is inspired by a historically important tonneau-shaped yellow gold minute repeating wristwatch no. 97589 made for Henry Graves, Jr. On the wrist, it gives a lot of presence and the black dial is very striking against the platinum case. To date, the present timepiece is the fifth example to ever come on the market. Even more remarkable is the fact that the timepiece was freshly serviced this year at Patek Philippe and comes as an absolute "Full Set" and is accompanied by all its original accessories such as the Patek Philippe Certificate of Origin dated February 28, 2008, additional caseback, setting pin, leather portfolio, winding presentation box and outer packaging. It is further fresh to the auction market and appearing for the first time in public space.

  • 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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ΔΣ33

Ref. 5013P-010
An extremely attractive and rare platinum tonneau-shaped minute repeating perpetual calendar wristwatch with black dial and Breguet numerals, retrograde date, moon phases, additional caseback, original certificate and presentation box

2008
37mm Width
Case, dial, movement and buckle signed

Estimate
CHF250,000 - 500,000 
€260,000-519,000
$275,000-550,000

Sold for CHF444,500

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