Patek Philippe - The Hong Kong Watch Auction: TWO Hong Kong Monday, May 30, 2016 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2004
    Reference No: 5059
    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.

  • Catalogue Essay

    This reference 5059 in platinum is preserved in excellent overall condition. Introduced to the market in 2001, the reference 5059 was discontinued in 2006 and replaced by the reference 5159. This reference, cased in platinum, is the rarest of all case versions and is sought after by collectors because of its distinguished features such as the officer case, perpetual calendar and retrograde mechanism. This present watch, offered in excellent overall condition, is completed with all accessories.

  • 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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Σ161

Ref. 5059
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

Estimate
HK$270,000 - 400,000 

Sold for HK$325,000

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