Patek Philippe - The Geneva Watch Auction: XVIII Geneva Friday, November 3, 2023 | Phillips
  • Manufacturer: Patek Philippe
    Year: 2008
    Reference No: 5016P
    Movement No: 1'905'148
    Case No: 4'446'367
    Material: Platinum
    Calibre: Manual, cal. RTO 27 PS-QR AIG. 1, 28 jewels, stamped with the Geneva Seal
    Bracelet/Strap: Patek Philippe alligator strap
    Clasp/Buckle: Platinum Patek Philippe pin buckle
    Dimensions: 37mm Diameter
    Signed: Case, dial, movement, buckle and strap signed
    Accessories: Accompanied by Patek Philippe Certificat d'Origine stamped by New York retailer Wempe and dated May 19, 2008, COSC Certificate dated December 17, 2007, additional solid caseback, setting pin, leather folder with outer packaging, massive wooden presentation box and outer packaging.

  • Catalogue Essay

    Produced between 1993 and 2011, Patek Philippe’s ref. 5016 was at the time of its launch the most complicated wristwatch envisioned by the manufacturer. An astounding feat of elegant engineering, it combines a minute repeater and a perpetual calendar with a tourbillon regulator. On top of this, it adds a moon phase and a retrograde date. It wasn’t until 2001 and the launch of the Sky Moon Tourbillon, ref. 5002, that Patek Philippe presented a more complicated wrist piece.

    Offered in yellow, white and pink gold, along with platinum, this reference is fitted with silvered or black dials, each bearing movement number printed below the moon phase – paying homage to the observatory chronometer pocket watches of the past. It is believed that approximately 200 examples were manufactured until production ended in 2011. 

The retrograde perpetual calendar function not only has remarkable aesthetic impact thanks to its fan-shaped scale, but it is furthermore very rarely seen in Patek models. Other few examples of this complication can be found on references such as the 5050, the 5059, the 5159 and the 5160. The retrograde date has a fly-back hand, and depending on the month and leap year cycle, the hand habitually bounces back to the first of the month after the 28th, 29th, 30th, or 31st. The fast flyback of the date hand is accomplished with a spiral spring and an ingenious rebound limiter mechanism developed and perfected by Patek Philippe.

    Merging echoes of the company’s vintage production with the new vision they developed in the early 1990 focused on the renaissance of complications, the ref. 5016 is in equal parts stately and refined thanks to its superbly balanced architecture, an extraordinary example of Patek Philippe’s savoir faire. Housed in a relatively compact 37mm diameter case, the expansive layout and arched lugs - inspired by vintage reference 2499 - allow for significant presence on the wrist without any hint of ostentatiousness, but also without margin of error in terms of what is admired when the beholder is a connoisseur.

    Through its sapphire caseback, the wearer is invited to admire the magnificent manual winding cal. RTO 27 PS QR. Each of the 506 components superbly finished and harmoniously disposed. Defining features of this movements are the exposed regulator for the repeater, which spins to action with every activation, and the tourbillon gear peculiarly shaped as a watchmaker tool’s wheel - an extremely refined nod to the old-school watchmaking tradition of the brand.

  • 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. 5016P
A technically superlative, extremely rare and highly collectible platinum perpetual calendar minute repeating wristwatch with retrograde date, tourbillon regulator, moonphases, black dial, additional caseback, certificate of origin and presentation box

37mm Diameter
Case, dial, movement, buckle and strap signed

CHF300,000 - 600,000 

Sold for CHF787,400

Contact Specialist

Alexandre Ghotbi
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+41 79 637 17 24

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+41 79 460 55 88


The Geneva Watch Auction: XVIII

Geneva Auction 3 - 4 November 2023