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

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  • Manufacturer: Patek Philippe
    Year: Circa 2018
    Reference No: 5204R-001
    Movement No: 5’253’540
    Case No: 6’186’652
    Material: 18K pink gold
    Calibre: Manual, cal. CHR 29-535 PS Q, 34 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K pink gold Patek Philippe deployant clasp
    Dimensions: 40mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin, instruction manual, product literature, additional solid caseback, setting pin, photograph and leather portfolio.

  • Catalogue Essay

    Regarded as the pioneers of the perpetual calendar chronograph, Patek Philippe introduced the very first the world have ever seen in the late 1940s via the coveted ref. 1518. An important milestone for the manufacturer, the firm also released another legendary ref. 2499 succeeding the ref. 1518. Since then, Patek Philippe has continued to create ultra-high quality perpetual calendar chronograph timepieces that have generated a loyal following over the years.

    In 1996, Patek Philippe released their first ever perpetual calendar split seconds chronograph reference via the 5004. Extremely well-received, the reference has marked another yet important moment for the firm as it featured the last Lemania-based caliber, cal. CH 27-70 Q. The reference was discontinued in 2010, however a limited series was released encased in stainless steel.

    In 2012, Patek Philippe replaced the ref. 5004 with the new ref. 5204. Another breakthrough for the firm, the new reference features Patek Philippe’s first in-house perpetual calendar split seconds chronograph cal. CHR 29-535 PS Q. Differing from the ref. 5004, the new model also features an enlarged 40mm diameter case compared to 36mm previously. While retaining similar aesthetics, the ref. 5204 featured some minor changes on the layout of the dial to enhance its legibility. One of the more noticeable adjustments was the implementation of an upside moon phase at 6 o’clock as well as two apertures indicating day and night as well as leap years. An experienced eye may also notice that the date registers no longer overlaps the outer minute track as it was the case for the ref. 5004 and it now features what collectors refer to as the “chin” allowing the date registers to sit above the outer minute track.

    The present example Patek Philippe ref. 5204R-001 is offered in excellent overall condition with very minimal signs of use and wear. Accompanied by its original Certificate of Origin, additional caseback and setting pin, the present timepiece is fresh-to-the-market.

  • 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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Σ987

Ref. 5204R-001
A very fine and exceptional pink gold perpetual calendar spilt-seconds chronograph wristwatch with moon phases, leap year, day and night indication and Certificate of Origin

Circa 2018
40mm diameter
Case, dial, movement and clasp signed

Estimate
HK$1,200,000 - 1,600,000 
€128,000-171,000
$154,000-205,000

Sold for HK$1,512,000

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