Patek Philippe - Disruptors: Evening Sale of 20th Century & Contemporary Art, Design and Watches Hong Kong Thursday, May 25, 2023 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2010
    Reference No: 5207P-001
    Movement No: 3’712’026
    Case No: 4’473’588
    Material: Platinum
    Calibre: Manual, cal. R TO 27 PS QI, 28 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe pin buckle
    Dimensions: 41mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Patek Philippe SA, Salons de Geneva dated 30th January 2010, instruction manual, product literature, photograph, Rate Accuracy Certificate for Patek Philippe Tourbillon Watches, additional solid caseback, setting pin, key, hang tag, leather folio, outer packaging and fitted presentation box.

  • Catalogue Essay

    In the realm of fine watchmaking, there has been many great innovations, craftsmanship and heritage. In one specific spectrum of them all, many have tried to master though only a few can truly master – the minute repeater, considered one of the most complicated to craft and are prized possessions of esteemed collectors. Patek Philippe is no stranger when it comes to the illustrious chiming watch and is rightfully regarded by most as the don of repeating timepieces.

    In the 1850s, Patek Philippe created their very first minute repeating pocket watches. For years to come, the firm has already secured the position of being the best in class for these chiming timepieces. Today, the new breed of Patek Philippe minute repeating timepieces is on a whole new level garnering once again a loyal following with the quest to acquire the best with a fruitful selection developed over the years with a diverse range of complications offered.

    Released in 2008, the ref. 5207 was at the time of its launch the top three most complicated wristwatches ever produced by the firm, developed over a 5-year period by Patek Philippe’s finest watchmakers and engineers. Featuring a minute repeater and a tourbillon with an instantaneous perpetual calendar with leap year, day/night indication and moon phases all in a 41mm diameter case, the reference is simply stunning. With three apertures on the top of the dial indicating day, date and month, the legibility is further enhanced through a perfectly symmetrical dial layout. With moon phases at 6 o’clock and an additional two apertures one on each side indicating day/night and leap years, it is an easy to read and charming Grand Complication timepiece.

    Powered by the firm’s in-house cal. R TO 27 PS QI, the impressive movement is composed of 549 individual parts with an accuracy of -1/+2 seconds per day. It is believed that only 10 examples of the reference are produced annually making them extremely rare timepieces.

    The present ref. 5207P-001 cased in platinum delivers precise striking of the gong with a melodious chime and terrific quality. The watch is furthermore coupled with a very distinctive golden brown dial and exquisitely engraved casebands. The platinum version of ref. 5207 is now discontinued, making this highly complex wristwatch very exclusive and extremely desirable. Only 15 examples have surfaced on the market so far.

    Preserved in outstanding condition, the timepiece is complete with all its original accessories. An absolute sight to behold, the present watch is a jewel among any Patek Philippe collection.

  • 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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Σ304

Ref. 5207P-001
An exceptionally fine and rare platinum perpetual calendar minute repeating tourbillon wristwatch with small seconds, moon phases, leap year, day and night indication, additional solid caseback, setting pin, Certificate of Origin and presentation box

Circa 2010
41mm diameter
Case, dial, movement and buckle signed

Estimate
HK$4,000,000 - 6,000,000 
€467,000-701,000
$513,000-769,000

Sold for HK$4,826,000

Contact Specialist

Anastasia Salnikoff
Head of Mid-Season Sales
+852 2318 2014
anastasiasalnikoff@phillips.com
 

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001
WatchesHK@phillips.com
 

Disruptors: Evening Sale of 20th Century & Contemporary Art, Design and Watches

Hong Kong Auction 25 May 2023