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

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  • Manufacturer: Patek Philippe
    Year: Circa 2007
    Reference No: 5101P-010
    Movement No: 3’361’296
    Case No: 4'378'805
    Model Name: 10 days Tourbillon
    Material: Platinum
    Calibre: Manual, cal. TO 28-20 REC 10J PS, 29 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe pin buckle
    Dimensions: 51.5mm length x 30.0mm width
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Sphere Patek Philippe Gallery Japan and dated 26th January 2007, Contrôle Officiel Suisse des Chronomètres, instruction manual, product literature, photograph, leather document holder, fitted presentation box and outer packaging.

  • Catalogue Essay

    First launched in 2003, the Patek Philippe ref. 5101 is defined by its distinctively large but elegant stepped case, reminiscent of historical timepieces from the Art Deco era. The platinum variant was discontinued in 2009 to make way for the pink gold siblings. The understated tourbillon design was well-received but rendered unusual compared to its peers at the time it was introduced. A quintessential Patek Philippe design, the overall aesthetic is discreet and may appear to be a time-only wristwatch at first glance. Luckily, the sapphire caseback invites its wearer to have a peek at the beautiful architecture within, highlighting its tourbillon carriage which subtly rotates on an axis.

    A mechanical marvel, the ref. 5101 is fitted with two complications which is no easy feat within the confines of a rectangular movement and case, due to insufficient room. The manual winding cal. TO 28-20 REC 10J PS features two tandem mainspring barrels with 240 hours, or 10 days, of energy storage capacity and a tourbillon precision comprising 72 individual components.

    Boasting a highly desirable salmon dial, the warm and inviting canvas is topped with a masculine touch, featuring bold black Breguet numerals and a pair of feuille solid hands to match. The present timepiece’s serial, “3'361'296”, is also highlighted in the small seconds subdial at 6 o’clock. Preserved in excellent overall condition with its original accessories, this Patek Philippe ref. 5101P-010 from 2007 is previously unknown and is the 65th example to have returned to the market.

  • 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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Σ924

Ref. 5101P-010
An extremely fine and rare platinum rectangular-shaped tourbillon chronometer wristwatch with small seconds, 10-day power reserve indication, Breguet numerals, "salmon" dial, Certificate of Origin and presentation box

Circa 2007
51.5mm length x 30.0mm width
Case, dial, movement and buckle signed

Estimate
HK$780,000 - 1,560,000 
€90,100-180,000
$100,000-200,000

Sold for HK$1,041,400

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