Patek Philippe - The Hong Kong Watch Auction: TWO Hong Kong Monday, May 30, 2016 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2014
    Reference No: 5216
    Movement No: 5'001'368
    Case No: 4'637'876
    Material: Platinum
    Calibre: Mechanical, R TO 27 PS QR, 28 jewels
    Bracelet/Strap: Black Patek Philippe crocodile leather strap
    Clasp/Buckle: Platinum Patek Philippe folding deployant clasp
    Dimensions: 39.5 mm diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin dated 8 March 2014, Rate Accuracy Certificate for Patek Philippe Tourbillon Watches dated 28 October 2013, additional case back, setting pin, product literature, instruction manual, portfolio photograph of the present watch, leather portfolio, leather wallet, fitted presentation box and outer packaging.

  • Catalogue Essay

    Launched in 2011, the present grande complication reference 5216 is the successor of the celebrated reference 5016. Combining minute repeating, perpetual calendar, tourbillon, retrograde date and moon phases, reference 5216 is one of the four most complicated models in current production. As opposed to its predecessor reference 5016 with a 36.8 mm. case diameter, the present watch is encased in a perceptibly larger case with a diameter of 39.5 mm. This amplifies the chime and enhances sonority and fullness of the tone. Housed in an incredibly powerful caliber, not only does the minute repeating enchant collectors, the tourbillon and perpetual calendar also provides extreme precision. The watch is further finished with a black dial with applied baton numerals and is superbly legible.

    Complete with all original accessories and presented in excellent overall condition, this present watch demonstrates a further level of sophistication in highly complicated wristwatches. To our knowledge, this is the first time a reference 5216 in platinum has appeared on 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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Σ173

Ref. 5216
An extremely fine and very rare platinum minute repeating perpetual calendar tourbillon wristwatch with retrograde date, moon phases, black dial, additional case back, original certificate and fitted presentation box

Circa 2014
39.5 mm diameter
Case, dial and movement signed

Estimate
HK$3,200,000 - 4,800,000 

Sold for HK$3,880,000

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