Patek Philippe - Hong Kong Watch Auction: THREE Hong Kong Monday, November 28, 2016 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 1999
    Reference No: 5050
    Movement No: 1'957'940
    Case No: 4'060'564
    Material: Platinum
    Calibre: Automatic, 315/136, 31 jewels
    Bracelet/Strap: Black Patek Philippe crocodile leather strap
    Clasp/Buckle: Platinum Patek Philippe folding deployant clasp
    Dimensions: 35 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin dated 6 September 1999, additional case back, setting pin, leather wallet, fitted presentation box and outer packaging.

  • Catalogue Essay

    Launched at Basel in 1993, reference 5050 was Patek Philippe's first perpetual calendar wristwatch to be fitted with a retrograde date function that was produced in a series. The present watch is among the third series of reference 5050 as it is fitted with Roman numerals, a moon-phase aperture and pearled minute divisions. The reference ceased production in 2002.

  • 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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Σ1004

Ref. 5050
A fine and rare platinum perpetual calendar wristwatch with sweep centre seconds, retrograde date, moon phases, leap year indicator, Roman numerals, original certificate, additional case back and fitted presentation box

Circa 1999
35 mm. diameter
Case, dial and movement signed

Estimate
HK$600,000 - 800,000 
€70,400-93,900
$75,000-100,000

Hong Kong Watch Auction: THREE

Hong Kong Auction 29 November 2016