Patek Philippe - The Hong Kong Watch Auction: SIX Hong Kong Monday, May 28, 2018 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2014
    Reference No: 5088P
    Movement No: 5'738'505
    Case No: 4'588'938
    Material: Platinum
    Calibre: Automatic, cal. 240, 27 jewels, stamped with the Patek Philippe seal
    Bracelet/Strap: Patek Philippe leather strap
    Clasp/Buckle: Platinum Patek Philippe chased buckle
    Dimensions: 38mm diameter
    Signed: Case, dial, movement, strap and clasp signed
    Accessories: Accompanied by Patek Philippe Certificte of Origin stamped by Tokyo retailer Sphere Patek Philippe Boutique and dated May 17, 2014, product literature, leather pouch, factory cardboard box, fitted presentation box and outer packaging

  • Catalogue Essay

    The present lot is one of the rarest variations of reference 5088: with an estimated production of only 25 examples, it is a celebratory version realized in occasion of Patek Philippe’s 175th anniversary. In this instance, the piece becomes the perfect canvas onto which the brand displays its mastery of decorative skills. Both case (on the band) and dial feature an extremely elaborate design composed of two distinct and highly prized techniques: chasing and enamelling. The floral/arabesque motives are indeed chased, while the space between them has been carved and the resulting groove enamelled black, a technique known as champlevé enamelling - indeed champlevé can be loosely translated as “raised field”, referring to the “islets” of metal in-between the enamelled areas.

    The rarity of the piece, aesthetic values and technical skills required for the realization of such an intricate masterpiece are all factors which explain why collectors seem very reticent to part ways with this model: this fresh-to-the-market example is only the fifth one to appear on the public 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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Ref. 5088P
A very fine, rare and unusual platinum automatic wristwatch with chased and champlevé enameled dial and case, Certificate and box

38mm diameter
Case, dial, movement, strap and clasp signed

HK$700,000 - 1,000,000 

Sold for HK$937,500

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: SIX

Hong Kong Auction 29 May 2018