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

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  • Manufacturer: Patek Philippe
    Year: 1993
    Reference No: 5050J
    Movement No: 1'957'067
    Case No: 2'947'151
    Material: 18K yellow gold
    Calibre: Automatic, cal 315/136, 31 jewels, stamped with the Geneva Seal
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K yellow gold Patek Philippe pin buckle
    Dimensions: 35mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped by Milan retailer Orologeria Luigi Verga SAS and dated May 12, 1995, additional solid caseback, product literature, leather wallet, presentation box and outer packaging. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present watch in 1993 and its subsequent sale on February 21, 1994

  • Catalogue Essay

    Launched in 1993 and in production until 2002, ref. 5050, together with its officier-case sister ref. 5159, is one of the lesser-known grail of modern watchmaking. For the first time ever at Patek Philippe, a perpetual calendar is fitted with both an automatic movement and center seconds, reuniting the two distinguishing features of vintage perpetual calendar references 3448/3450 (automatic) and 2497/2438-1 (center seconds). Furthermore it features a retrograde date, allowing a dial design hardly ever seen before on Patek Philippe timepieces - and never on standard production model. Only some piece unique, such a modified reference 96 with perpetual calendar, are known with a similar configuration.

    Oozing class and refined elegance, this truly is a quintessential Patek Philippe model, and an extremely interesting value proposition. The present example is offered by its original owner, an important Italian collector who hardly ever used it as testified by its superlative condition. It safely slept in a bank vault in Milan for a good 15 years before being offered for this sale. Adding to its overall appeal, it is an early example, dating to 1995, and it was purchased at revered Milan retailer Orologeria Verga, one of the best renowned retailers in Italy.

    The model was produced in the three gold variations and in platinum, and an evolution can be noticed: the very first examples bear railway divisions and Roman numerals (a configuration soon abandoned), concurrently the present baton indexes configuration was also made available. Finally, the very last examples feature black dial and Breguet numerals. At least one special order piece is known, with silvered dial and oversize Breguet numerals.

  • 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. 5050J
A rare, very elegant and exceptionally fine yellow gold perpetual calendar wristwatch with center seconds, moonphases, retrograde date, certificate and box

35mm Diameter
Case, dial, movement and clasp signed

HK$200,000 - 400,000 

Sold for HK$300,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: EIGHT

Hong Kong Auction 28 May 2019