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

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  • Manufacturer: Patek Philippe
    Year: Circa 2015
    Reference No: 5975J-001
    Movement No: 5’877’738
    Case No: 6’025’392
    Material: 18K yellow gold
    Calibre: Automatic, cal. CH 28-520, 29 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K yellow gold Patek Philippe deployant clasp
    Dimensions: 40mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Boodles UK and dated 1st May 2015, attestation certificate, instruction manual, product literature, leather folio, commemorative medallion, hang tag, fitted presentation box and outer packaging.

  • Catalogue Essay

    Founded in 1839, Patek Philippe turned 175 years old in 2014. An exclusive selection of commemorative pieces was released as limited editions, including the present model, ref. 5975.

    One of only 400 pieces made, the present timepiece is fresh-to-the-market and is the 15th example to be identified in yellow gold. A marriage of tradition and modernity, it features a generous 40mm case of very complex construction, defined by the heavily stepped lugs. The design of its chronographic complication harkens back to the multi-scale chronographs of the first half of the 20th century.

    Devoid of a minute counter, 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). The fact that such a utilitarian complication is found on such an elegant watch, and an Anniversary piece on top of that, is ironically unusual considering the brand.

    The present lot is accompanied by its original accessories, the present ref. 5975J-001 is furthermore distinguished by remaining in its double factory-sealed packaging, meaning it is unworn and untouched in immaculate “new-old-stock" condition.

  • 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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Σ820

Ref. 5975J-001
A rare and attractive “new-old-stock" limited edition yellow 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, double factory sealed

Circa 2015
40mm diameter
Case, dial, movement and clasp signed

Estimate
HK$250,000 - 350,000 
€29,200-40,900
$32,100-44,900

Sold for HK$406,400

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