Patek Philippe - The Hong Kong Watch Auction: TWO Hong Kong Monday, May 30, 2016 | Phillips
  • Manufacturer: Patek Philippe
    Year: 1994
    Reference No: 5040
    Movement No: 774'694
    Case No: 2'942'311
    Material: Platinum
    Calibre: Automatic, 240Q, 27 jewels
    Bracelet/Strap: Black leather strap
    Clasp/Buckle: Platinum Patek Philippe buckle
    Dimensions: 35.5 mm. width
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Extract from the Archives confirming production of the present watch with silvery opaline-white dial in 1994 and its subsequent sale on 8 July 1994.

  • Catalogue Essay

    Introduced to the market in 1992, reference 5040 wristwatch was in production until 2007. The reference is recognized by its distinctive tonneau-shaped case. The present watch, encased in platinum, is perfectly proportioned and fitted with Breguet numerals, giving it a very classic and sleek look. The majority of this reference was manufactured in yellow gold, with fewer pieces manufactured in other metals, further enhancing the rarity of this example in platinum. This is a very early example due to the two-tone subsidiary dial on the left and is fitted with a solid case back, whereas the later versions comes with a sapphire case back.

    The present watch is fresh to the 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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Σ156

Ref. 5040
A fine and rare platinum tonneau-shaped perpetual calendar wristwatch with moon phases, 24 hours, leap year indicator and Breguet numerals

1994
35.5 mm. width
Case, dial and movement signed

Estimate
HK$250,000 - 350,000 

Sold for HK$275,000

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