Patek Philippe - The Geneva Watch Auction: XVI Geneva Saturday, November 5, 2022 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1999
    Reference No: 5050R
    Movement No: 1'957'597
    Case No: 2'989'793
    Material: 18K pink gold
    Calibre: Automatic, cal. 315S/136, 31 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K pink gold Patek Philippe deployant clasp
    Dimensions: 35mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe fitted presentation box, outer packaging, additional solid caseback and setting pin. Furthermore accompanied by Patek Philippe Extract from the Archives confirming production of the present watch with an Opaline dial and applied rose gold bassine-style hour markers, in 1999 and its subsequent sale on December 10, 1999.

  • Catalogue Essay

    Patek Philippe reference 5050, along with its officer-cased siblings ref. 5059 and then 5159, was introduced at Basel Fair in 1993 and is the sole model featuring the unusual complication of a perpetual calendar with retrograde fly-back date and center seconds mechanism. For the first time in Patek Philippe history, a perpetual calendar is fitted with both an automatic movement and center seconds, integrating the two distinguishing qualities of antique perpetual calendar references 3448/3450 (automatic) and 2497/2438-1 (center seconds). It also has a retrograde date, allowing for a dial design that had only been seen on Patek Philippe watches of the past - and never on a regular production model. Only a few pieces with a similar arrangement are known, such as the modified reference 96 with perpetual calendar.

    Synonymous with beauty and class, the timepiece was produced in four metals: yellow gold, pink gold, white gold, and platinum. The initial examples, which had railway divisions and Roman numerals, were quickly phased out, and were replaced by the baton indexes variation. Discontinued in 2003, according to research, roughly 150 pink gold examples were made.

    From the original owner, the current wristwatch is in excellent condition and comes with an extra solid caseback and setting pin.

  • 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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Σ121

Ref. 5050R
An elegant, rare and attractive pink gold perpetual calendar wristwatch with center seconds, retrograde date, moonphases, leap year indication, additional case back and presentation box

1999
35mm diameter
Case, dial, movement and buckle signed

Estimate
CHF35,000 - 70,000 
€36,000-72,100
$35,000-70,100

Sold for CHF63,000

Contact Specialist

Alexandre Ghotbi
Head of Watches, Continental Europe and the Middle East
+41 22 317 81 81
[email protected]
 

Tiffany To
Head of Sale, Geneva
+41 22 317 96 63
[email protected]

The Geneva Watch Auction: XVI

Geneva Auction 5 - 6 November 2022