Patek Philippe - The Hong Kong Watch Auction: XII Hong Kong Saturday, June 5, 2021 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1998
    Reference No: 5066
    Movement No: 3’026’571
    Case No: 4’048’957
    Model Name: Aquanaut
    Material: 18K yellow gold
    Calibre: Automatic, cal. 330 SC, 30 jewels
    Bracelet/Strap: Rubber
    Clasp/Buckle: 18K yellow gold Patek Philippe deployant clasp
    Dimensions: 35.6mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Delivered with a Patek Philippe Extract from the Archives confirming the date of manufacture of the present timepiece in 1998 and its subsequent date of sale on 7th December 1998.

  • Catalogue Essay

    Released in 1997, the Patek Philippe ref. 5060 was the firm’s very first Aquanaut model introduced, as well as the first Patek Philippe wristwatch fitted with a rubber strap. It is believed that the ref. 5060 was produced in limited quantities estimated at 1,000 examples for both stainless steel and yellow gold examples. However, Patek Philippe released the ref. 5065 the following year with a larger case size and a sapphire caseback. Released around the same time was the ref. 5066 in both stainless steel and yellow gold with a case dimension exactly the same as the ref. 5060 measuring 35.6mm diameter, however with a sapphire caseback.

    The present example Patek Philippe Aquanaut ref. 5066 from 1998 is delivered with an Extract from the Archives issued by Patek Philippe confirming the production of the present timepiece with its corresponding case and movement numbers. With a growing demand for Patek Philippe sports watches, the present early example will surely delight both the discerned lady and gentlemen collector of fine timepieces.

  • 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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1016

Ref. 5066
A fine and rare yellow gold wristwatch with center seconds and date

1998
35.6mm diameter
Case, dial, movement and clasp signed

Estimate
HK$118,000 - 195,000 
€12,500-20,700
$15,100-25,000

Sold for HK$277,200

Contact Specialist

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

The Hong Kong Watch Auction: XII

Hong Kong Auctions 5-6 June 2021