Patek Philippe - Phillips Watches Online Auction: The Geneva Sessions Fall 2023 Geneva Friday, September 8, 2023 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1999
    Reference No: 5059R
    Movement No: 1'957'582
    Case No: 4'063'104
    Material: 18K pink gold
    Calibre: Automatic, cal. 315 S-QR, 31 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: 18K pink gold Patek Philippe deployant clasp
    Dimensions: 36mm Diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Extract from the Archives confirming the production of the present watch in 1999 and its subsequent sale on March 16th, 1999, leather wallet and product literature.

  • Catalogue Essay

    - The present Patek Philippe reference 5059 was introduced in 1998 and produced for only 8 short years.

    - The pink gold case of the watch is beautifully designed. Curvaceous and gentle, the officer-style case has a hinged caseback and elongated lugs with screwed pins. Though the case diameter measures 36 millimeters, the shape and size of the lugs - as well as the thickness of the case and its domed bezel - give the 5059 a significant presence on the wrist.

    - The reference 5059 features the sophisticated, self-winding caliber 315 S-QR based on the caliber 315 SC, featuring center seconds and a striking 21K gold rotor. A robust and state-of-the-art in-house movement, it includes an intriguing retrograding date complication as part of its perpetual calendar function. At the end of each month, the date hand automatically flies back to its original starting point – a very difficult function to reliably implement in watchmaking.

    - A complicated yet very legible perpetual calendar, the “fifty fifty-nine” is an elegant and versatile watch fit for everyday wear.

  • 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. 5059R
An attractive and rare pink gold perpetual calendar wristwatch with retrograde date and "officer"-style hinged caseback

1999
36mm Diameter
Case, dial, movement and buckle signed

Estimate
CHF20,000 - 30,000 
€20,800-31,200
$22,800-34,200

Sold for CHF25,400

Contact Specialist

Alexandre Ghotbi
Deputy Chairman, Watches, Head of Watches, Europe, and Middle East

+41 22 317 81 81
AGhotbi@phillips.com

Tiffany To
Head of Sale, Geneva

+41 22 317 96 63
TiffanyTo@phillips.com

Phillips Watches Online Auction: The Geneva Sessions Fall 2023

8 - 15 September 2023