Patek Philippe - The Hong Kong Watch Auction: XVI Hong Kong Wednesday, May 24, 2023 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2016
    Reference No: 5975R-001
    Movement No: 5’825’771
    Case No: 4’685’541
    Material: 18K pink gold
    Calibre: Automatic, cal. CH28-520, 29 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 Certificate of Origin stamped Zurich Watch Co. LTD. dated 30th May 2016, limited edition attestation, 175th anniversary commemorative medal, instruction manual, product literature, leather folio, slip case, hang tag, outer packaging and fitted presentation box.

  • Catalogue Essay

    Marking the firm’s 175th anniversary in 2014, Patek Philippe released a series of limited-edition commemorative timepieces for the special occasion. Among the series were the ref. 5975s featuring multi-scale chronograph complication, a first of its kind.

    It was introduced with four metals including 400 examples each in yellow, pink and white gold with another 100 examples in platinum. Combining the firm’s traditional watchmaking technique with a touch of modernity, the reference encased in an elegantly constructed 40mm diameter case with prominent stepped lugs is a design that is meant to be timeless. Defying the traditional or the more common chronographic setup, it is effectively a 1-minute chronograph, thus intended to be used only in conjunction with the multi-scale dial to measure either speed (tachymeter scale), distance (telemeter scale) or heartbeats (pulsometer scale).

    Presented in brand new single-sealed condition and complete with its full set of accessories, the present example Patek Philippe ref. 5975R-001 from circa 2016 is a sight to behold. For collectors seeking an important chronograph reference by Patek Philippe, this undervalued reference is surely one not to be missed. Limited to 400 pieces, the present lot is fresh-to-the-market and is the 20th example to appear at auction.

  • 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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Σ819

Ref. 5975R-001
A rare, attractive and well-preserved limited edition pink gold multi-scale chronograph wristwatch with Certificate of Origin and presentation box, made to commemorate the 175th anniversary of Patek Philippe, one of a limited edition of 400 pieces, single-sealed

Circa 2016
40mm diameter
Case, dial, movement and clasp signed

Estimate
HK$240,000 - 470,000 
€27,700-54,300
$30,800-60,300

Sold for HK$444,500

Contact Specialist

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

The Hong Kong Watch Auction: XVI

Hong Kong Auction 24 - 25 May 2023