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

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  • Manufacturer: Patek Philippe
    Year: 2008
    Reference No: 5350R-001
    Movement No: 3’686’134
    Case No: 4’370’693
    Model Name: Advance Research Annual Calendar
    Material: 18K pink gold
    Calibre: Automatic, cal. 324/267, 36 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K pink gold Patek Philippe deployant clasp
    Dimensions: 39mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe hang tag, Extract from the Archives confirming production of the present watch in 2008 and its subsequent sale on April 7th, 2009.

  • Catalogue Essay

    With a manufacturer that strives to only offer the best timepieces in the market, innovation is often the key element that drives the momentum. In 2005, Patek Philippe introduced the Advanced Research department to develop new innovations to improve precision and reliability of a mechanical wristwatch through the experimentation of new materials and micromechanics.

    This new collaboration looked at “new materials”, “new manufacturing technologies” and a “new conceptual fundamental”. Out of this came Silinvar®, a patented mono-crystal silicon. This material was unaffected by temperature change and was very lightweight, and required no lubrication and was corrosion resistant.

    Patek Philippe’s first watch to use this new material was the reference 5250 Annual Calendar Advanced Research with Silinvar® escape wheel limited to 100 pieces launched in 2005. In the following year, the firm released the ref. 5350 Annual Calendar featuring a balance spring made of Silinvar® and was limited to 300 pieces. In 2008, the ref. 5450 Annual Calendar was released this time featuring a Pulsomax® escapement also limited to 300 pieces. Three years later, the first Advanced Research perpetual calendar ref. 5550 was introduced presenting the Oscillomax® ensemble limited to 300 pieces.

    The present Advanced Research Annual Calendar ref. 5350 is the second generation of this series and was presented as a limited production of 300 pieces in pink gold only. The watch is fitted with an upgraded movement that now carries a Silinvar Spiromax balance spring and silicon escape wheel.

    Fresh-to-the-market, the present example Patek Philippe ref. 5350R-001 is the 51st to be identified in the market and is offered in excellent overall condition and is also delivered with a Patek Philippe Extract from the Archives confirming the production of the present example in 2008.

  • 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

Σ833

Ref. 5350R-001
A fine and rare pink gold limited edition annual calendar wristwatch with center seconds, moon phases, power reserve indication, silicon escape wheel and silinvar spiromax balance spring, one of a limited edition of 300 pieces

2008
39mm diameter
Case, dial, movement and clasp signed

Estimate
HK$250,000 - 400,000 
€29,000-46,300
$32,100-51,300

Sold for HK$355,600

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