Patek Philippe - The Hong Kong Watch Auction: ONE Hong Kong Monday, November 30, 2015 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2004
    Reference No: 5059P-001
    Movement No: 3'236'152
    Case No: 4'232'390
    Material: Platinum
    Calibre: Automatic, 315/136, 31 jewels
    Bracelet/Strap: Black Patek Philippe crocodile leather strap
    Clasp/Buckle: Platinum Patek Philippe folding deployant clasp
    Dimensions: 36 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin dated 18 March 2004, setting pin, product literature, instruction manual, leather wallet, fitted presentation box and outer packaging.
    Provenance: Property from An Important Collector

  • Provenance

    Property from An Important Collector

  • Catalogue Essay

    Reference 5059 was introduced to the market in 2001 and was discontinued in 2006 when it was replaced by the reference 5159.

    This reference is the rarest version cased in platinum, and is sought after by collectors because of its distinguishing features such as the officer case with screwed lugs, retrograde date, and an easily visible movement through the hinged case back. Accompanied by all its original accessories, the present watch is a very clean and crisp example.

  • 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. 5059P-001
A fine and rare platinum perpetual calendar wristwatch with sweep centre seconds, retrograde date, moon phases, leap year indicator, original certificate and fitted presentation box

Circa 2004
36 mm. diameter
Case, dial and movement signed

HK$320,000 - 500,000 

Contact Specialist
Thomas Perazzi
Head of Watches, Asia
+852 2318 2030

Ziyong Ho
+852 9386 2032

Jill Chen
+852 2318 2033

The Hong Kong Watch Auction: ONE

Hong Kong Auction 1 December 2015 11am