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

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  • Manufacturer: Patek Philippe
    Year: 1999
    Reference No: 5041
    Movement No: 3'124'424
    Case No: 4'027'512
    Material: 18K white gold
    Calibre: Automatic, cal. 240Q, 27 jewels
    Bracelet/Strap: Patek Philippe leather strap
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 35mm width; 35.5mm length
    Signed: Case, dial, movement, clasp and strap signed
    Accessories: accompanied by fitted wooden presentation box, numbered sale tag and setting pin. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present watch with black dial, applied Breguet numerals in white gold, dots minute scale, English version in 1999 and its subsequent sale on May 6, 1999.

  • Catalogue Essay

    Reference 5041 is an extremely rare model made by Patek Philippe from 1995 to 2003. It is an evolution of reference 5040, with extremely minor design differences that classify this model as a true connoisseur's piece, and for sure one of the future collectibles among the modern production of the brand.

    In fact, this is a true "tonneau-tortue" version of the cushion-shaped case of reference 5040, featuring a thicker bezel, a smaller crown, and less protruding lugs. It was realized exclusively in white gold in extremely scarce numbers, the overall production estimated to be between 200 and 250 pieces, making this reference more than 10 times scarcer than its better known counterpart.

    The present example was serviced at Patek Philippe and is offered still sealed in its Service sleeve. Even through the plastic one can notice how much respect Patek put into servicing this historical piece: no alteration of the proportions of the case can be notice, and the hallmarks in the band, a location extremely sensitive to careless polishing, are absolutely crisp and unmolested.

  • 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. 5041
A rare and very fine white gold tonneau-shaped automatic perpetual wristwatch with moon phases, leap year indication, 24-hour indication and box

35mm width; 35.5mm length
Case, dial, movement, clasp and strap signed

HK$240,000 - 400,000 

Sold for HK$400,000

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: SIX

Hong Kong Auction 29 May 2018