Patek Philippe - The Geneva Watch Auction: XIX featuring the Guido Mondani Collection Geneva Saturday, May 11, 2024 | Phillips

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  • Condition Report

  • Manufacturer: Patek Philippe
    Year: 2022
    Reference No: 5961R-010
    Movement No: 7'498'606
    Case No: 6'555'976
    Model Name: "Bull's Eye"
    Material: 18K pink gold and diamond-set
    Calibre: Automatic, cal. CH 28-520 IRM QA 24H, 40 jewels, stamped with the Patek Philippe Seal
    Bracelet/Strap: Leather
    Clasp/Buckle: 18K pink gold and diamond-set Patek Philippe deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated November 30, 2022, setting pin, fitted presentation box and outer packaging.

  • Catalogue Essay

    Launched in 2006, the Patek Philippe ref. 5960 bears the firm’s very first self-winding in-house chronograph movement, further enhanced with an additional annual calendar complication. Initially introduced in platinum with a grey dial, the reference evolved with various new case materials and dial configurations over time.

    It is a piece that merges enormous practicality with elegance and refined savoir-faire. The case lines are clean and simple, obviously inspired by the Calatrava collection. The dial sports a clean-cut layout featuring three apertures indicating the day, date and month at the edge of the dial at 10, 12 and 2 o’ clock and is dominated by the “Bull's Eye” chronograph counter - giving the watch its nickname - which groups chronographic minutes and hours indicated by superimposed hands, and completes the packaged with a discreet day/night indicator. The 12 hour counter offers the longest recording span for a Patek wristwatch - which normally show 30 minutes with examples going as low as one minute (ref. 5975).

    In 2011, the ref. 5961P was released featuring a baguette-cut diamond-set bezel, further adorned with diamond indexes and a diamond-set deployant clasp. The present pink gold variant is a later, warmer and subtle evolution of the model. The blue dial has been swapped for a black one - with calendar discs in tone - which beautifully contrasts with the warm rose gold case.

    The present example was delivered on November 30, 2022 and is offered with its full set of accessories by its original owner and in practically unworn condition. Given the increased appeal gem-set watches are currently enjoying, and the overall quite restricted production of such models by Patek Philippe, it is more than likely that acquiring an example of 5961 - not to mention one with the present one-owner provenance and perfect condition - will become more and more challenging in the coming years.

  • 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. 5961R-010
A highly desirable, rare and attractive pink gold and diamond-set chronograph wristwatch with annual calendar, day/night indication, certificate of origin and presentation box

2022
40mm Diameter
Case, dial, movement and clasp signed

Estimate
CHF70,000 - 140,000 
€71,600-143,000
$76,500-153,000

Sold for CHF88,900

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

The Geneva Watch Auction: XIX featuring the Guido Mondani Collection

Geneva Auction 11 - 12 May 2024