Patek Philippe - The Hong Kong Watch Auction: XIV Hong Kong Friday, May 27, 2022 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2019
    Reference No: 5270P-001
    Movement No: 7'234'808
    Case No: 6’329’561
    Model Name: Perpetual Calendar Chronograph
    Material: Platinum
    Calibre: Manual, cal. 29-535 PS, 33 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 41mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 12th August 2019, product literature, instruction manual, additional solid case back, hangtag, leather folder, outer packaging and fitted presentation box.

  • Catalogue Essay

    Perpetual calendar chronograph wristwatches were first introduced by Patek Philippe in the early 1940s, since then it has become one of the most admired and valued complications in the scope of watch collectors. While its past icons such as the very first of them all ref. 1518, the one that replaced it ref. 2499 have paved its way for future references to come, it was not until the ref. 5270 that Patek Philippe incorporated their very first in-house perpetual calendar chronograph movement cal. CH29-255 PS Q.

    First released in 2011, the Patek Philippe ref. 5270 takes on a contemporary appeal to the iconic complicated perpetual calendar chronograph by incorporating a newly refined dial compared to its previous ref. 5970. Furthermore, with a movement stamped with the firm’s seal replacing the Geneva seal, the strategic decision allowed for increased control over production chain as well as the manufacturer being able to increase the value on quality control. Introduced in yellow gold, pink gold, white gold and platinum, it was in 2018 that Patek Philippe released the variant with the stunning champagne “salmon” dial with blackened gold applied Arabic numerals and blackened feuille hands matching perfectly with its black painted registers and accents.

    Just recently discontinued by Patek Philippe with a production spanning 4 years, the ref. 5270P-001 has been replaced by the new ref. 5270P-014 with a green dial, no longer available from the boutiques making this a wonderful example to add to one's collection.

  • 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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Σ1054

Ref. 5270P-001
A highly attractive platinum perpetual calendar chronograph wristwatch with salmon dial, day and night indication, moonphases, leap year indication, additional case back, Certificate of Origin and presentation box

Circa 2019
41mm diameter
Case, dial, movement and clasp signed

Estimate
HK$780,000 - 1,560,000 
€99,400-199,000
$100,000-200,000

Sold for HK$2,016,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia 
+852 2318 2001
WatchesHK@phillips.com

The Hong Kong Watch Auction: XIV

Hong Kong Auction 27 - 28 May 2022