Patek Philippe - The Hong Kong Watch Auction: EIGHT Hong Kong Monday, May 27, 2019 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1995
    Reference No: 5050
    Movement No: 1’957’659
    Case No: 2’989’812
    Material: 18K pink gold
    Calibre: Automatic, 315/136, 31 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K pink gold Patek Philippe deployant clasp
    Dimensions: 35mm Diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated March 1999 and signed Patek Philippe, Paris, additional solid case back, setting pin, produce literature and leather envelop. Further accompanied by Extract from the Archives confirming production of the present watch in 1995 and its subsequent sale on 22nd May, 1997.

  • Catalogue Essay

    Patek Philippe launched the reference 5050 perpetual calendar retrograde date wristwatch in 1993 and it remained in production until 2002. Originally, encased in yellow gold, by 1995 the brand extended the line to include models in pink and white gold as well as platinum. Originally sold with silvered dials with applied Roman numerals and a moon phase aperture, Patek Philippe modified the dial with applied baton numerals and a moon phase forming a fully circular subsidiary dial, and highlighted with the wording “automatic”.

    Research indicates approximately 150 examples were produced in pink gold. The present wristwatch is in very nice condition and accompanied by the original certificate of origin, additional solid case back and setting pin.

  • 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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Σ1021

Ref. 5050
A very fine and attractive pink gold perpetual calendar wristwatch with center seconds, retrograde calendar, moon phase and leap year indication with certificate of origin, additional solid case back and setting pin

1995
35mm Diameter
Case, dial, movement and buckle signed

Estimate
HK$310,000 - 460,000 
€35,000-51,900
$39,700-59,000

Sold for HK$337,500

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
thomasperazzi@phillips.com
+852 2318 2001

The Hong Kong Watch Auction: EIGHT

Hong Kong Auction 28 May 2019