Patek Philippe - The Hong Kong Watch Auction: FIVE Hong Kong Monday, November 27, 2017 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2004
    Reference No: 5059J
    Movement No: 3'235'984
    Case No: 4'254'153
    Material: 18k gold
    Calibre: Automatic, cal. 315 S-QR aut., 31 jewels, stamped with the Geneva Seal
    Bracelet/Strap: Black Patek Philippe crocodile strap
    Clasp/Buckle: 18k gold Patek Philippe deployant clasp
    Dimensions: 36mm diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin stamped by Wellington, New Zealand retailer Partridge Jewellers and dated March 28, 2006, product literature, leather wallet, numbered envelope, fitted presentation box and outer packaging. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present watch in 2004 with white matte dial, 10 black painted Roman numerals and its subsequent sale on October 28, 2004.

  • Catalogue Essay

    Reference 5059 features a number of rarely-seen traits which make it a true connoisseur’s and collector's item. It was released in the late 1990s to replace reference 5050, and it remained in production for a relatively short time, until 2006.

    As descendant of reference 5050, it features the same movement, which is one of the most historically important for the evolution of Patek Philippe. In fact, it combines an automatic module with sweep centre seconds, and builds up upon that with a retrograde date indicator. Before the advent of cal. 315 S-QR Aut., no Patek Philippe perpetual calendar featured both automatic winding and sweep centre seconds, but only one of the two, such as the automatic ref. 3448 and more recently 3940, or the sweep centre seconds ref. 2497.

    The dial layout is inherited from the most complicated wristwatch serially made by the House until the advent of the Sky&Moon Tourbillon: ref. 5016, which features retrograde date but is neither automatic, nor features centre seconds. Compared to ref. 5016, however, ref. 5059 introduced a different, very nostalgic graphic approach which makes it a masterpiece of readability, featuring radial Roman numerals and a sectorial style, bringing the beholder back to timepieces from the early 20th century.

    Case-wise, the simple calatrava-style of reference 5050 is abandoned in favor of a more prominent and elaborated officier-style case, defined by screw lugs and hinged case back (in this model protecting a second glazed back). Beyond increasing the wrist presence of the piece, the case is deeply rooted in Patek Philippe DNA, albeit its use is quite sparse. It is not a coincidence that it often appears in celebratory series (for example the 150th anniversary ref. 3960), and it is even today used on some of the most classical and important models (such as ref. 5959).

    All this considered, one has to appreciate this model as a very refined, complicated and probably not yet fully appreciated example of Patek Philippe watchmaking at its best.

  • 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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Σ851

Ref. 5059J
A very fine and rare gold perpetual calendar wristwatch with sweep center seconds, retrograde date, moon phases, officier-style case, certificate and box

2004
36mm diameter
Case, dial and movement signed

Estimate
HK$200,000 - 280,000 
€21,800-30,500
$25,000-36,000

Sold for HK$250,000

Contact Specialist
Ziyong Ho
Specialist
+852 9386 2032
yong.ho@phillips.com

The Hong Kong Watch Auction: FIVE

Hong Kong Auction 28 November 2017