Patek Philippe - The Geneva Watch Auction: XIX featuring the Guido Mondani Collection Geneva Saturday, May 11, 2024 | Phillips
  • Manufacturer: Patek Philippe
    Year: 2021
    Reference No: 5271P-001
    Movement No: 7'314'443
    Case No: 6'339'511
    Material: Platinum and diamond-set
    Calibre: Manual, cal. CH 29-535 PS Q, 33 jewels, stamped with the Patek Philippe Seal
    Bracelet/Strap: Leather
    Clasp/Buckle: Platinum and diamond-set Patek Philippe deployant clasp
    Dimensions: 41mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated February 18, 2021, additional solid case back, product literature, leather document holder, fitted wooden presentation box and outer packaging

  • Catalogue Essay

    The lavish, diamond-set version of the reference 5270, the reference 5271 can be considered an impressive exercise in restrained overstatement. Patek Philippe revealed the new reference 5271 at Baselworld in 2014, which featured a black dial and most notably a bezel set with 80 baguette-cut diamonds weighing approximately 4.84 carats. With remarkable attention to details, the setting is present on the lugs as well and even the deployment clasp is adorned with baguette-cut diamonds.

    While maintaining the undeniable wrist presence of a gem-set timepiece, the black dial and superbly elegant overall architecture make this watch one of the very few diamond-set pieces which manages not to strike the ineffable balance between flamboyant and elegant, a feat very few makers beyond Patek Philippe have mastered.

    The reference 5270 and its diamond-set sibling reference 5271 are notably a proud heir to Patek Philippe's prestigious perpetual calendar chronographs starting with reference 1518, 2499, 3970 (and gem-set 3990) and finally the reference 5970 (and gem-set 5971). This model brought the Patek Philippe perpetual calendar chronograph into the modern era with its in-house caliber CH 29-535 PS Q, the first of its kind. Dazzling and eye-catching, it is an incredibly iconic model that showcases Patek Philippe's skill in merging gem-setting with haute horlogerie.

    The present timepiece is offered in virtually untouched condition. As its Certificate of Origin states, it was originally sold about 3 years (February 2021) ago, and an analysis of the case confirms that it has scarcely - if ever - been worn. The full set of original accessories - additional solid case back, setting pin, wallet, product literature, presentation box - making this the perfect example for the completionism collector.

  • 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. 5271P-001
A rare, superbly attractive and impressive platinum and diamond-set wristwatch with perpetual calendar, chronograph, moonphases, day/night indication, 24-hour indication, certificate, additional case back and box

41mm Diameter
Case, dial, movement and clasp signed

CHF150,000 - 300,000 

Sold for CHF215,900

Contact Specialist

Alexandre Ghotbi
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+41 79 637 17 24

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Head of Sale, Geneva

+41 79 460 55 88

The Geneva Watch Auction: XIX featuring the Guido Mondani Collection

Geneva Auction 11 - 12 May 2024