Patek Philippe - The Geneva Watch Auction: XIX featuring the Guido Mondani Collection Geneva Saturday, May 11, 2024 | Phillips
  • Manufacturer: Patek Philippe
    Year: 1997
    Reference No: 5020
    Movement No: 3'045'489
    Case No: 2'956'182
    Model Name: "TV Screen"
    Material: Platinum
    Calibre: Manual, cal. CH 27-70 Q, 24 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Platinum Patek Philippe pin buckle
    Dimensions: 37mm Width
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 1997, Extract from the archives confirming the manufacture of the present timepiece in 1996 and its subsequent sale on December 4th, 1996, the type of dial is further confirmed to be black with 1 baguette-cut diamond hour marker and 10 diamond hour markers, leather wallet, instruction manual, product literature, setting pin, numbered envelope and wooden presentation box

  • Catalogue Essay

    The reference 5020 is certain to distinguish itself from other perpetual calendar chronographs from Patek Philippe thanks to its innovative design and elegant proportions.

    Introduced in 1994, and manufactured for approximately 8 years, Patek Philippe's reference 5020, affectionately dubbed the "TV Screen" for its distinctive cushion shape, provided an alternative to the reference 3970. Despite sharing identical complications and mechanical components, such as the perpetual calendar with leap year indication, 24-hour indicator, and chronograph function, the reference 5020 boasted its own unique style and allure.

    Its unconventional case design received a tepid response from customers, resulting in exceedingly low production figures. It is estimated that approximately 200 units of the reference 5020 were manufactured, spanning variations in yellow, pink, or white gold, as well as platinum. The platinum variants were offered with either a silver dial featuring Breguet numerals or a black dial adorned with diamond markers. Furthermore, the platinum version is exceptionally scarce as only 4 models featuring a silver dial and Breguet numerals, and only 3 examples featuring a black dial and diamond markers, like the present example, are known to exist to date.

    Preserved in excellent condition and complete with its certificate of origin confirming the back dial with diamond-set hour markers, the exceptional scarcity of the reference 5020, regardless of the metal, together with its dial case combination render the present timepiece extremely sought-after.

  • 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. 5020
An attractive and rare cushion shaped platinum perpetual calendar chronograph wristwatch with moonphases, black dial and diamond-set hour markers, certificate of origin and setting pin

37mm Width
Case, dial, movement and buckle signed

CHF150,000 - 300,000 

Sold for CHF196,850

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The Geneva Watch Auction: XIX featuring the Guido Mondani Collection

Geneva Auction 11 - 12 May 2024