Patek Philippe - The Hong Kong Watch Auction: X Hong Kong Friday, July 10, 2020 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2019
    Reference No: 5270P-001
    Material: Platinum
    Calibre: Manual, cal. 29-535 PS, 33 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 40mm diameter
    Signed: Case, dial, movement and clasp
    Accessories: Further accompanied by Patek Philippe Certificate of Origin, product literature, instruction manual, additional solid caseback, setting pin, hang tag, slip case, leather folder, outer packaging and fitted presentation box.

  • Catalogue Essay

    Reference 5270 was first launched in 2011 which replaced 5970 that is long considered one of the most iconic line of Patek Philippe complication wristwatch history, perpetual calendar chronograph with moonphases. The new series are fitted with the new in-house movement calibre CH29-255 PS Q, a strategic decision allows for increased control over the production chain, and it is not a coincidence that it happened around the same time as the introduction of the Patek Philippe seal, the company’s own quality guarantee stamp, with stricter parameters than the Geneva seal.

    The present lot, reference 5270P was the brand latest iteration that was launched in 2018 and the for the first time available in platinum for this reference. It is fitted with a stunning "salmon" dial that is elegant with blackened gold applied baton numerals that is strikingly legible and remarkably balanced.

    Offered in mint and unworn condition, the present watch represents an opportunity to own one of the most striking and representative timepieces in Patek Philippe's current collection.

  • 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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PROPERTY OF A DISTINGUISHED PRIVATE COLLECTOR

Σ1041

Ref. 5270P-001
A highly attractive and important platinum perpetual calendar chronograph wristwatch with "salmon" dial, day and night indication, moonphases, leap year indication, additional case back, Certificate of Origin and fitted presentation box

Circa 2019
40mm diameter
Case, dial, movement and clasp

Estimate
HK$1,100,000 - 1,600,000 
€120,000-175,000
$141,000-205,000

Sold for HK$1,375,000

Contact Specialist

Thomas Perazzi

Head of Watches, Asia
+852 2318 2001

WatchesHK@phillips.com

 

The Hong Kong Watch Auction: X

Hong Kong Auction 10 July 2020