Patek Philippe - The Hong Kong Watch Auction: TWO Hong Kong Monday, May 30, 2016 | Phillips
  • Manufacturer: Patek Philippe
    Year: 2002
    Reference No: 5004
    Movement No: 879'909
    Case No: 4'146'753
    Material: Platinum
    Calibre: Mechanical, CHR 27-70 Q, 28 jewels
    Bracelet/Strap: Black Patek Philippe crocodile leather strap
    Clasp/Buckle: Platinum Patek Philippe folding deployant clasp and Platinum Patek Philippe Henri Stern buckle stamped PPC
    Dimensions: 37 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin dated 22 December 2002, additional case back and platinum deployant clasp, setting pin, fitted presentation box and outer packaging. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present watch with opaline-white dial and white gold Arabic numerals in 2002 and its subsequent sale on 18 December 2002.

  • Catalogue Essay

    Reference 5004 was first introduced in 1996, and was Patek Philippe's first split-seconds perpetual calendar chronograph wristwatch that was produced in a series. This example is preserved in excellent condition. The dial is in immaculate condition, and the watch still retains all original accessories, including an extra platinum deployant clasp.

    Discontinued in 2012, reference 5004 is among Patek Philippe's most important wristwatches to date. Most notably, it was the only split-seconds perpetual calendar chronograph wristwatch that Patek Philippe produced using a Lemania based movement, before the firm switched to using an in-house movement. This has increased the rarity and popularity of the reference, which this model continues to enjoy today.

    The present lot is fresh to the market and is in exceptional condition.

  • 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. 5004
A fine and rare platinum perpetual calendar split-seconds chronograph wristwatch with moon phases, leap year indicator, additional case back and folding deployant clasp, original certificate and fitted presentation box

37 mm. diameter
Case, dial and movement signed

HK$1,200,000 - 2,000,000 

Sold for HK$1,480,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

Ziyong Ho
+852 9386 2032

Jill Chen
+852 2318 2033

The Hong Kong Watch Auction: TWO

Hong Kong Auction 31 May 2016