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

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  • Manufacturer: Patek Philippe
    Year: 1997
    Reference No: 5004R
    Movement No: 879'653
    Case No: 4'007'839
    Material: 18K pink gold
    Calibre: Manual, cal. CHR 27-70 Q, 28 jewels, stamped with the Geneva seal
    Bracelet/Strap: Patek Philippe crocodile
    Clasp/Buckle: 18K pink gold Patek Philippe officier-style pin buckle
    Dimensions: 36.5mm diameter
    Signed: Case, dial, movement, strap and buckle signed
    Accessories: Accompanied by Patek Philippe Certificat d'Origine stamped by Hong Kong retailer Cortina Watch Centre PTE LTD and code-dated October 1997, second solid case back, setting pin, product literature, numbered envelope, leather wallet, fitted wooden presentation box and outer packaging. Further delivered with Extract from the Archives confirming production of the present watch in opaline dial and rose gold arabic numerals in 2007 and its subsequent sale on October 6th, 2007.

  • Catalogue Essay

    One of the great classics of modern Patek Philippe production, reference 5004 was issued between 1994 and 2010. It is the first Patek Philippe serially produced perpetual calendar chronograph wristwatch with moon phases - a set of complications rooted in the history of the brand, the first model made in series being reference 1518 launched in 1941 - with the additional split-second complication. Together with reference 5070, it is the last Patek Philippe model to employ an outsourced, Nouvelle Lemania based calibre. The aesthetics of the watch are based on reference 3970 (itself based on the iconic ref. 2499), with subtle differences: the dial features Arabic numerals instead of the baton ones usually found on the ref. 3970; the case is thicker and 0.8 mm larger, granting it a much more important wrist presence, while still remaining very elegant and understated. Practically, the presence of the 24 hours and leap year cycle indications - already seen on its non-split inspiration - are enormously useful when it comes to setting the watch, and result a more intricate, but never encumbering, dial design.

    The present example is a highly attractive and collectible specimen for a number of reasons. The close to as-new condition and the presence of its original sale kit are already highly appreciated features, but the fact that this example is in rose gold makes it a true gem. The model was serially produced in the three golds and platinum, plus one titanium example and a number of stainless steel pieces made with the last calibre available. Out of the four "standard" materials, pink gold appears to be one of the most scarce, with a total production estimated at around 200 example of which so far are known from the market. Furthermore, this is one of the earliest specimes ever produced, belonging to the first batch of movement (nos 879'500 to 879'999)

  • 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. 5004R
An extremely fine and very rare pink gold perpetual calendar split-second chronograph wristwatch with moon phases, leap year indication, 24 hours indication, second case back, Certificat and box

36.5mm diameter
Case, dial, movement, strap and buckle signed

HK$1,200,000 - 2,000,000 

Sold for HK$1,437,500

Contact Specialist
Thomas Perazzi
Head of Watches, Asia
+852 2318 2030

Ziyong Ho
+852 9386 2032

Jill Chen
+852 2318 2033

The Hong Kong Watch Auction: SIX

Hong Kong Auction 29 May 2018