Patek Philippe - The Geneva Watch Auction: XX Geneva Saturday, November 9, 2024 | Phillips
  • Manufacturer: Patek Philippe
    Year: 2016
    Reference No: 5960/1A-001
    Movement No: 5'905'194
    Case No: 6'051'341
    Material: Stainless steel
    Calibre: Automatic, CH28-520 IRM QA 24H, 40 jewels
    Bracelet/Strap: Stainless steel Patek Philippe bracelet, max length 195mm
    Clasp/Buckle: Stainless steel Patek Philippe deployant clasp
    Dimensions: 40.5mm Diameter
    Signed: Case, dial, movement and bracelet signed

  • Catalogue Essay

    Retailed by Tiffany & Co., the present watch displays the storied retailer's signature below "Patek Philippe Genève" on the dial. Only offered to their very best clients, co-signed Patek Philippe and Tiffany & Co. pieces rarely come on the market as they are fiercely coveted. So rare is this timepiece with Tiffany & Co. signature that to the best of our knowledge, it is the very first example with this dial configuration to come to the auction market.

    Building on their reputation for crafting intricate movements, Patek Philippe sought to combine a chronograph with the annual calendar, resulting in the creation of the reference 5960. This reference, first released in 2006, was Patek Philippe's first in-house, automatic annual calendar flyback chronograph wristwatch. To commemorate this significant milestone, the reference 5960 was initially launched in platinum with a smoky grey dial, and subsequently in various precious metals such as pink and white gold.

    The reference 5960 was met with great enthusiasm from collectors, and it's not difficult to understand why. The timepiece featuring a distinctive bull's eye register chronograph and pump pushers offered a fresh and contemporary aesthetic. Building on this legacy, Patek Philippe introduced another appealing variant in 2014, this time in stainless steel and paired with the brand's signature rice bead bracelet.

    The present example boasts a stunning silvery-white dial, which creates a striking contrast against the bold black ring accents and hour markers. It is furthermore the first time this dial configuration with Tiffany & Co. comes on the auction market.

  • 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. 5960/1A-001
A fine and rare stainless steel annual calendar flyback chronograph wristwatch with power reserve, day and night indication, bracelet, certificate of origin and presentation box, retailed by Tiffany & Co.

2016
40.5mm Diameter
Case, dial, movement and bracelet signed

Estimate
CHF40,000 - 80,000 
€42,600-85,100
$46,500-93,000

Sold for CHF69,850

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

tto@phillips.com

 

 

The Geneva Watch Auction: XX

Geneva Auction 9 - 10 November 2024