Patek Philippe - The Hong Kong Watch Auction: FOUR Hong Kong Monday, May 29, 2017 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1994
    Reference No: 5050
    Movement No: 1'957'182
    Case No: 2'961'858
    Material: Platinum
    Calibre: Automatic, 315/136, 31 jewels
    Bracelet/Strap: Black Patek Philippe crocodile leather strap
    Clasp/Buckle: Platinum Patek Philippe buckle
    Dimensions: 35 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin dated August 1994, setting pin, product literature and leather wallet. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present watch in 1994 and its subsequent sale on 18 August 1994.

  • Catalogue Essay

    Launched at Basel in 1993, reference 5050 was Patek Philippe's first perpetual calendar wristwatch to be fitted with a retrograde date function that was produced in a series. The present watch is a later example and is fitted with applied baton numerals and pearled minute track.

  • 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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Σ969

Ref. 5050
A fine and rare platinum perpetual calendar wristwatch with sweep centre seconds, retrograde date, moon phases, leap year indicator and original certificate

1994
35 mm. diameter
Case, dial and movement signed

Estimate
HK$400,000 - 640,000 
€48,200-77,100
$50,000-80,000

Sold for HK$525,000

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: FOUR

Hong Kong Auction 30 May 2017