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

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  • Manufacturer: Patek Philippe
    Year: 2008
    Reference No: 5960
    Movement No: 3'500'756
    Case No: 4'432'797
    Material: Platinum
    Calibre: Automatic, CH 28-520 IRM QA 24H, 40 jewels, stamped with the Geneva seal
    Bracelet/Strap: Aligator
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 40.5mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Certificat d'Origine stamped by Singapore retailer Cortina Watch PTE LTD and dated March 27, 2008, numbered cardboard factory box, numbered plastic sleeve, numbered sale tag, product literature, leather wallet, fitted wooden presentation box and outer packaging. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present watch in 2008 and its subsequent sale on February 22nd, 2008.

  • Catalogue Essay

    Launched in 2006, reference 5960 was somewhat of a shock for the Patek Philippe community: the boldness of its 40.5mm case combined with an equally aggressively designed dial featuring concentric chronographic minutes and hour at 6 on a white counter with red and blue graphics - which will go on to become known as the "Bull's Eye" - took the entire market by surprise. However, as it often happens with bold Patek Philippe pieces, fast-forward a few years and the watch is now recognized as one of the most charismatic, attractive and collectible modern Patek Philippe creations.

    Its success prompted the realization of a number of different configurations, including additional case materials (pink gold, steel), bracelet versions, and various dial iterations. Arguably, however, the original configuration in platinum with antracite dial - represented by this example - is the one that most remained impressed in the minds of collectors. As it turns out, the production of this watch - as all Patek Philippe pieces produced straddling the year 2010 - can be broken into two main groups: those bearing the Seal (2006 -2010) and those bearing the Patek Philippe seal (2010 onward). Indeed, in 2010 Patek introduced its own quality seal, with even higher requirements than the historical Geneva seal. However, more than one collector prefers Geneva Seal pieces - if both options are available - as they are usually more rare and because of the historical ties of the Geneva seal, which has been seen on Patek Philippe watches since the first half of the past century.

    The present piece is in fact one of the highly collectible Geneva seal 5960, furthermore offered absolutely complete of every single accessory present when it left the factory - down to its numbered plastic sleeve and sale tag - and offered in virtually new-old-stock condition. An unmissable opportunity for the collector of modern classics.

  • 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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Σ932

Ref. 5960
A rare and very fine platinum annual calendar automatic chronograph wristwatch with power reserve indication, day/night indication, Certificate and box

2008
40.5mm Diameter
Case, dial, movement and clasp signed

Estimate
HK$280,000 - 400,000 
€30,800-44,000
$35,900-51,300

Sold for HK$387,500

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: SIX

Hong Kong Auction 29 May 2018