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

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  • Manufacturer: Patek Philippe
    Year: 1997
    Reference No: 5038
    Movement No: 775’997
    Case No: 4’004’942
    Material: 18K white gold
    Calibre: Automatic, cal. 240Q, 27 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 36mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by undated Patek Philippe Certificate of Origin, Patek Philippe limited edition Certificate, leather folio, product literature, fitted presentation box and outer packaging. Further delivered with a Patek Philippe Extract from the Archives confirming its date of manufacture of the present timepiece in 1996 and its subsequent date of sale on 10th January 1997.

  • Catalogue Essay

    In 1996, Patek Philippe launched a limited edition self-winding perpetual calendar ref. 5038. Produced in only 500 examples and only in white gold, the model takes the elegant DNA of the ref. 3940 with its sinuous round case. Contrasting against the richness of the black lacquer, the painted white Roman numerals graced the perpetual calendar with charisma and incredible legibility. Adding to its attraction, the beaded hobnail bezel grants another dimension to the highly appealing case. Offered in an attractive overall condition, the present example of the ref. 5038 is further charmed with its original Certificate of Origin and fitted winding presentation box.

  • 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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1101

Ref. 5038
A fine and attractive limited edition white gold perpetual calendar wristwatch with moon phases, leap year indication, 24-hour indication, Roman numerals, hobnail bezel, Certificate of Origin and presentation box, made in a limited series of 500 pieces

1997
36mm diameter
Case, dial, movement and clasp signed

Estimate
HK$200,000 - 350,000 
€21,500-37,600
$25,600-44,900

Sold for HK$378,000

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