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

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  • Manufacturer: Patek Philippe
    Year: 2002
    Reference No: 5054G
    Movement No: 3’167’913
    Case No: 4’171’001
    Model Name: Calatrava
    Material: 18K white gold
    Calibre: Automatic, cal. 240/164, 29 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe Officer buckle
    Dimensions: 36mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Tiffany & Co warranty stating its shipment to Tai Chung 6th November 2002, Patek Philippe presentation box retailed by Tiffany & Co. Further delivered with Patek Philippe Extract from the Archives confirming its date of manufacture of the present timepiece in 2002 and its sequent sale date on 6th November 2002.

  • Catalogue Essay

    Reference 5054 which was launched in 1994 was available in various metals including yellow gold, pink gold, white gold (like the present lot) and platinum. Patek Philippe first introduced the use of Officer case in 1989 where they celebrated their 150th anniversary and released a few commemorative watches to mark the occasion. One of the main features was the hinged case back which was a great aesthetical add on was well received by collectors.

    The classy dial layout is further complimented with small but attractive detail, within the date sub-dial is the coveted Tiffany & Co. signature. Making this present example very special. To the best of our knowledge, this is the first example of a reference 5054G with Tiffany's signature to appear on any public auction.

    Tiffany signed examples are increasingly popular amongst collectors and adding to desirability it is preserved in a wonderful original condition, complete with Certificate of Origin stamped by Tiffany & Co and presentation box. This is a great opportunity to own this double signed 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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Σ960

Ref. 5054G
A rare, only-known white gold wristwatch with date, power reserve indication, moonphases, officer-style case, Certificate of Origin and presentation box, retailed by Tiffany & Co.

2002
36mm diameter
Case, dial, movement and buckle signed

Estimate
HK$78,000 - 155,000 
€9,900-19,700
$10,000-19,900

Sold for HK$252,000

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