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

Create your first list.

Select an existing list or create a new list to share and manage lots you follow.

  • Manufacturer: Patek Philippe
    Year: Circa 2019
    Reference No: 5950R-001
    Movement No: 5’251’683
    Case No: 6’102’029
    Material: 18K pink gold
    Calibre: Manual, cal. CHR 27-252 PS, 27 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K pink gold Patek Philippe pin buckle
    Dimensions: 36.5mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin, attestation, additional solid caseback, instruction manual, product literature, photograph, leather portfolio and travel pouch.

  • Catalogue Essay

    With an extensive heritage in producing some of the world’s most impressive chronograph timepieces, the very first Patek Philippe chronograph wristwatch dates back to the 1920s. Today, the prestigious manufacturer continues to create wonders with its diverse range of ultra-high quality chronograph timepieces. One of the finest examples in the lineage today is the elegant ref. 5950 single-button split-seconds chronograph.

    First introduced at the Baselword 2010, the reference was introduced only in stainless steel with varying dial configurations as well as some examples fitted with Patek Philippe’s signature rice bead style bracelet. Powering the astounding timepiece is the firm’s very first in-house chronograph cal. CHR 27-525 PS, first seen in the ref. 5959 in 2005, which is still today the thinnest column-wheel chronograph caliber ever made. Incorporating a number of technical features such as, teeth geometry and a clutching and unclutching system for the chronograph mechanism, the incredible thickness of only 5.25mm allows for its opulently thin cushion-shaped case.

    Combining both technical prowess with timeless traditional aesthetics, the ref. 5950 takes its inspiration from early cushion-shaped chronograph wristwatches manufactured by the firm from the late 1920s. While these exquisite timepieces are very limitedly produced, there are 6 known variants of the reference in stainless steel offered to the public. In 2016, Patek Philippe released an example in 18K pink gold with a grained silvered dial and matching applied pink gold Breguet numerals, leaf hands and decorative corners, limited to 15 pieces. Extremely attractive and a rare timepiece to acquire, the reference is offered to only the most loyal and important clients of Patek Philippe.

    The present example Patek Philippe ref. 5950R-001 preserved in “like new” overall condition and accompanied by its original Certificate of Origin from circa 2019, is no less than a fantastic sight to behold.

  • 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.

    View More Works

Σ1024

Ref. 5950R-001
An extremely fine, impressive and rare limited edition pink gold cushion-shaped single-button split-seconds chronograph wristwatch with applied Breguet numerals, additional solid caseback and Certificate of Origin, limited edition of 15 pieces

Circa 2019
36.5mm diameter
Case, dial, movement and buckle signed

Estimate
HK$1,300,000 - 2,500,000 
€139,000-267,000
$167,000-321,000

Sold for HK$2,520,000

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