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

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  • Manufacturer: Patek Philippe
    Year: 2010
    Reference No: 5004G-013
    Movement No: 3’275’370
    Case No: 4’505’805
    Material: 18K white gold
    Calibre: Manual, cal. 27-70/150, 28 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 36mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Extract from the Archives confirming production of the present watch in 2010 and its subsequent sale on June 25th, 2010, hang tag, additional solid caseback, setting pin, fitted presentation box and outer packaging.

  • Catalogue Essay

    First introduced in 1996, the Patek Philippe ref. 5004 is distinguished by its complex perpetual calendar function, coupled with a split-seconds chronograph complication. Extremely well-received, the reference was the last of its kind to be driven by a Lemania-based caliber, cal. CH 27-70 Q. Although the reference was discontinued in 2009, an extremely exclusive limited series was released in 2010, housed in a stainless steel case. Widely considered one of Patek Philippe's most desirable models, it was later succeeded by the ref. 5204, which came onto the scene in 2012 and features an in-house movement. At the time when it was still available in boutiques, the ref. 5004 was an application piece and was incredibly difficult to be granted the privilege of purchasing one: the intricacy of the split second module added to the already complex perpetual calendar chronograph and the enormously high finishing standard of the company commanded an incredibly slow production rate.

    While the model was cased in a variety of metals, white gold examples are scarce. According to research, the present ref. 5004G-013 is the 15th example fitted with this dial configuration to appear in the market. Widely thought of as one of the most desirable contemporary complication references by Patek Philippe, the combination of the subtle lustre of white gold, rarity, and the finest in Swiss watchmaking make this an exceptional acquisition for the discerning collector.

  • 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

Σ993

Ref. 5004G-013
A highly important, rare and elegant white gold perpetual calendar split second chronograph wristwatch with moon phases, leap year, 24 hours indicator, Extract from the Archives, additional solid caseback and presentation box

2010
36mm diameter
Case, dial, movement and clasp signed

Estimate
HK$1,200,000 - 2,400,000 
€139,000-277,000
$154,000-308,000

Sold for HK$2,159,000

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