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

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  • Manufacturer: Patek Philippe
    Year: 1994
    Reference No: 5050J
    Movement No: 1’957’160
    Case No: 2’907’180
    Material: 18K yellow gold
    Calibre: Automatic, cal. 315S QR, 31 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K yellow gold Patek Philippe pin buckle
    Dimensions: 35mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied with undated Patek Philippe Certificate of Origin, leather portfolio, instruction manual, hang tag, additional solid caseback, service guarantee, fitted winding box and outer packaging. Further delivered with Patek Philippe Extract from the Archives confirming its date of manufacture of the present timepiece in 1994 and its subsequent date of sale on 13th July 1994.

  • Catalogue Essay

    Launched during Basel Fair in 1993, the reference 5050 along with its officer-cased siblings ref. 5059 and 5159 are the only model that features the atypical complication of a perpetual calendar with retrograde fly-back date and center seconds mechanism.

    Synonymous with beauty and class, the reference was produced in four metals: yellow gold, pink gold, white gold and platinum, with approximately 1100 examples made during its production span. The very first examples bear railway divisions and Roman numerals and were shortly retired, followed by the applied baton indexes variant. In 1995, Patek released the present Roman numerals configuration with a fresher design with exquisite simplicity. Fitted with a silvered dial, the graceful Roman numerals rest within the refined pearled minute indexes, encircling the passage of time with elegance. Amongst the series, the configuration with applied Roman numerals are considered rarer (approx. 25% within the production) and therefore more sought-after by collectors.

    Discontinued in 2003, the present example in yellow gold offered in great condition complimented with its Certificate of Origin and accessories is not only a fine example of the series, but is also a highly collectable timepiece with understated perfection.

  • 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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Σ1105

Ref. 5050J
A very fine and attractive yellow gold perpetual calendar wristwatch with center seconds, moon phases, retrograde date, leap year indication, applied Roman numerals, Certificate of Origin and presentation box

1994
35mm diameter
Case, dial, movement and buckle signed

Estimate
HK$230,000 - 390,000 
€24,500-41,600
$29,500-50,000

Sold for HK$403,200

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