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

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  • Manufacturer: Patek Philippe
    Year: Circa 1999
    Reference No: 5040G-018
    Movement No: 3’124’473
    Case No: 4’076’891
    Material: 18K white gold
    Calibre: Automatic, cal. 240/114, 27 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 35mm width x 42.5mm length
    Signed: Case, dial and movement and clasp signed
    Accessories: Further accompanied by Patek Philippe Certificate of Origin dated 15th October 1999 stamped Gübelin Zurich, instruction manual, product literature, leather folio, outer packaging and fitted presentation box.

  • Catalogue Essay

    Introduced to the public in 1992, the ref. 5040 self-winding perpetual calendar wristwatch is distinct due to its tonneau-shaped case.

    The production of the ref. 5040 seized in 2007 with an estimated 3’350 examples produced across all four materials within its production span. Out of the estimated 3’350 examples produced, only 500 examples were encased in 18K white gold with most examples encased in yellow gold.

    The present example ref. 5040 in white gold from circa 1999 bears a 3.12 million movement number indicating the present timepiece as an example from the 2nd series. Offered with the original Certificate of Origin stamped with reputable Swiss retailer Gübelin and presentation box, it is a great chance for connoisseurs’ of fine timepieces to acquire a rare and undervalued perpetual calendar wristwatch manufactured by Patek Philippe.

  • 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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Σ902

Ref. 5040G-018
A fine and attractive white gold tonneau-shaped perpetual calendar wristwatch with moon phases, leap year indication, Breguet numerals, Certificate of Origin and presentation box

Circa 1999
35mm width x 42.5mm length
Case, dial and movement and clasp signed

Estimate
HK$200,000 - 270,000 
€21,800-29,500
$25,600-34,600

Sold for HK$275,000

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