Patek Philippe - The Hong Kong Watch Auction: TWO Hong Kong Monday, May 30, 2016 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1997
    Reference No: 5500
    Movement No: 1'852'157
    Case No: 4'013'496
    Model Name: Pagoda
    Material: 18k yellow gold
    Calibre: Mechanical, 215, 18 jewels
    Bracelet/Strap: Black Patek Philippe crocodile leather strap
    Clasp/Buckle: 18k yellow gold Patek Philippe Henri Stern buckle
    Dimensions: 30 mm. width
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Extract from the Archives confirming production of the present watch with champagne dial and Roman numerals in 1997 and its subsequent sale on 30 July 1997.

  • Catalogue Essay

    Released in 1997, the reference 5500 was designed to commemorate the inauguration of Patek Philippe’s new watchmaking centre in Plan-les-Ouates, Geneva. The watch features a classic champagne dial and Roman numerals and is fitted with a very unique rectangular curved case. The reference 5500 is limited to 2000 pieces only and at the completion of the production, Patek Philippe destroyed all the toolings needed for manufacturing this reference.

    Fresh to the market, the present watch is in excellent condition and represents a milestone in the history of one of the world’s most famous watch brands.

  • 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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Σ138

Ref. 5500
A fine and rare yellow gold limited edition rectangular wristwatch, made to commemorate the opening of Patek Philippe's watchmaking centre in Geneva in 1997

1997
30 mm. width
Case, dial and movement signed

Estimate
HK$60,000 - 80,000 

Sold for HK$87,500

Contact Specialist

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

Ziyong Ho
Specialist
+852 9386 2032
ziyongho@phillips.com

Jill Chen
Specialist
+852 2318 2033
jillchen@phillips.com

The Hong Kong Watch Auction: TWO

Hong Kong Auction 31 May 2016