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

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  • Manufacturer: Patek Philippe
    Year: Circa 1998
    Reference No: 5040G-000
    Movement No: 776’459
    Case No: 2’981’659
    Material: 18K white gold
    Calibre: Automatic, cal. 240 Q, 27 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: 18K white gold Patek Philippe pin buckle
    Dimensions: 35mm width
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated July 1998, additional solid caseback, leather folio, product literature, instruction manual, hang tag, setting pin, fitted presentation box and outer packaging.

  • Catalogue Essay

    Debuted in 1992, the reference 5040 had a 15 years production run until 2007. Cased in an unconventional tonneau-shape, the model was available in an array of four metals: yellow gold, pink gold, white gold as well as platinum. The reference 5040 was the first serially produced perpetual calendar model to be featured in this unique shape. The present example belongs to the first series notable by its 77X,XXX movement serial, whereas the second series would bare the 3.12 million movement number. Approximately 3,350 examples were ever produced, only 500 examples were encased in 18K white gold like the present example.

    Offered in a pristine condition with an additional solid case back, the original Certificate of Origin, and fitted presentation box, it is a rare opportunity for connoisseurs to acquire this peculiar variant and undervalued grand complication timepiece 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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1104

Ref. 5040G-000
A rare and attractive white gold tonneau-shaped perpetual calendar wristwatch with moon phases, 24-hour indication, leap year, additional solid caseback, Certificate of Origin and presentation box

Circa 1998
35mm width
Case, dial, movement and buckle signed

Estimate
HK$155,000 - 310,000 
€16,600-33,300
$19,900-39,700

Sold for HK$302,400

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