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

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  • Manufacturer: Patek Philippe
    Year: 2005
    Reference No: 5059P-001
    Movement No: 3’236’459
    Case No: 4’254’184
    Model Name: Officier
    Material: Platinum
    Calibre: Automatic, cal. 315 S-QR aut., 31 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 36mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Rüschenbeck KG dated 31st January 2006, instruction manual, product literature, leather folio and winding presentation box. Further delivered with a Patek Philippe Extract from the Archives confirming its date of manufacture of the present timepiece in 2005 and its subsequent date of sale on 24th October 2005.

  • Catalogue Essay

    Introduced in 1998, the Patek Philippe ref. 5059 along with ref. 5050 were the only perpetual calendar wristwatches available with center seconds since the ref. 2497 and 2438-1. With a distinct appeal, the 36mm diameter officer-style case with a hinged caseback encases a perfectly symmetrical white lacquered dial with painted black Roman numerals and retrograde date indication.

    The reference was produced in all four metals with an estimated 1200 – 1400 examples produced until the reference was discontinued in 2006. It is believed that only 300 examples were produced with platinum cases.

    The reference 5050 and 5950 share the sophisticated, self-winding caliber 315 S-QR with its striking 21K gold rotor, based on the caliber 315 SC featuring center seconds only. A robust and state-of-the-art in-house movement, it features an intriguing retrograding date complication as part of its perpetual calendar function. At the end of each month, the date hand automatically flies back to its original starting point – a very difficult function to reliably implement in watchmaking.

    The present example ref. 5059P-001 from circa 2006 is perhaps one of the last examples before it was discontinued making way for the new ref. 5159. Offered in excellent overall condition and accompanied by its original Certificate of Origin and winding presentation box, this is a great opportunity to acquire an understated perpetual calendar wristwatch manufactured by none other than 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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Ref. 5059P-001
A fine and attractive platinum perpetual calendar wristwatch with center seconds, moon phases, retrograde dates, leap year indication, officer-style case, Certificate of Origin and presentation box

36mm diameter
Case, dial, movement and clasp signed

HK$258,000 - 430,000 

Sold for HK$378,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: XII

Hong Kong Auctions 5-6 June 2021