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

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  • Manufacturer: Patek Philippe
    Year: Circa 2018
    Reference No: 5320G-001
    Material: 18K white gold
    Calibre: Automatic, cal. 324 S Q, 29 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 40mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 7th February 2018, leather folio, instruction manual, product literature, hang tag, setting pin, additional solid caseback, fitted presentation winding box, chargers and outer packaging.

  • Catalogue Essay

    Regarded as the master of the complication, Patek Philippe introduced the ref. 5320G-001 at the Baselworld 2017 marking a new era and an entirely new perpetual calendar reference. Taking inspiration from its ancestral greats, the ref. 5320G-001 exudes a strong vintage appeal with modern practicalities. First feature one may notice is the “ivory” lacquered dial that resembles the creamy patina sometimes witnessed on vintage Patek Philippe timepieces due to ageing. Secondly, the applied Arabic numerals are reminiscent of the coveted ref. 1518, modernized with applied luminous material to give the wearer better legibility. Encased in 18K white gold, the timepiece takes 1940s art deco inspiration from the chronometer ref. 2405 with the distinctive and decorative three-tiered stepped lugs.

    Extremely well-executed with aesthetics perfectly in-line with the contemporary taste of collectors seeking for a touch of vintage. Fresh-to-the-market, the present example Patek Philippe ref. 5320G-001 offered by the original owner is preserved in excellent overall condition and only worn a handful of times. With the freshly announced discontinuation of the present variant to welcome the 5320g-011 with a salmon dial in Watches & Wonder 2022. The present timepiece accompanied with its full set of accessories is with no doubt one of the most undervalued contemporary Patek Philippe timepieces.

  • 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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Property from the Original Owner


Ref. 5320G-001
A very fine and attractive white gold perpetual calendar wristwatch with center seconds, moon phases, leap year, day and night indication, Certificate of Origin and presentation box

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

HK$350,000 - 500,000 

Sold for HK$567,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia 
+852 2318 2001

The Hong Kong Watch Auction: XIV

Hong Kong Auction 27 - 28 May 2022