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

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  • Manufacturer: Patek Philippe
    Year: 2016
    Reference No: 5370P
    Movement No: 5'252'514
    Case No: 6'116'016
    Material: Platinum
    Calibre: Manual, CHR 29-535 PS, 34 jewels, stamped with the Patek Philippe Seal
    Bracelet/Strap: Black Patek Philippe crocodile strap
    Clasp/Buckle: Platinum Patek Philippe buckle
    Dimensions: 41mm diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin stamped by Salons Patek Philippe Genève and dated May 13, 2016, additional solid case back, numbered sale tag, leather portfolio with product literature, its cardboard box and numbered sleeve, fitted wooden presentation box and outer packaging.

  • Catalogue Essay

    The present watch is fresh to the market, offered by its original owner, and without any trace of wear.

    While all Patek Philippe timepieces are unarguably special watchmaking efforts - due to finishing, style, the "aura" of the brand, and so on - reference 5370P shines maybe even brighter than most of its contemporary brethren. When it was released in 2016 at Baselworld, the acclaim of critics and the public was nearly overwhelming. It is practically impossible to find negative criticism of the model, and in fact it has been defined by important publications as "arguably the best Patek in years", "a holy grail for many", "something unique and absolutely gorgeous", and "just... wow".

    The only way to truly comprehend such an unanimously positive reaction, is to hold an example in one's hand: the piece simply talks to a collector's soul, as a true work of art does. A quick analysis of its case, dial and movement, however, does help to understand this masterpiece on an intellectual level.

    This model can be considered a perfect synthesis of the core values of the brand - both aesthetically and technically - and the vision Patek Philippe has for its future.
    The case is obviously reminiscent of the early 1940s wristwatches: ref. 130, 1436, 1463, 530... All of them are now considered landmark references by Patek Philippe purists, and all share the general case design we find on the 5370 as well: a simple, sinuous, flowing line from the top lug to the bottom one. The reference uses the same overall design, albeit in an impressive 41 mm. case, and with some subtle modifications: while in vintage models the band is simply satin-finished, the 5370 present the same satin look, but recessed in the case, leaving it enclosed by a thin polished frame. Also, where one would find the pinholes for the bars in vintage pieces, the 5730 present cabochon details. The final result truly feels like the projection of Patek Philippe DNA into the future.

    The dial is simply breathtaking. It is a solid piece of white gold enameled in black with white graphics. Not only enameled timepieces bring the beholder back to the early days of watchmaking, but also the entire graphic layout of the dial is inspired by vintage models - telltale are the railway minute divisions and the disposition of the tachymetre scale - however updated with a hint of modernism. For example we do not find the continuous fifth of a second combined Arabic 5 minutes divisions which are typical of vintage pieces. The result is a historically-inspired dial which however does not feel overly encumbered by graphic excess. Final touches are the Breguet numerals and the feuille luminous hands, granting perfect legibility in all conditions.

    The movement, finally, can be considered one of the greatest chronograph movements of our time. The level and quality of the finishing is simply superb, and it feels rooted in Patek Philippe's past, however with modern innovations which perfect the split seconds complication - one of the most complex in watchmaking. For example, the two heart cams are fitted with ruby rollers, for perfect superimposition of the hands. Also, the movement has been designed so that when the split seconds is activated, no amplitude at all is lost by the balance wheel.

  • 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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Ref. 5370P
A superlative and very rare platinum split seconds chronograph wristwatch with enamel dial, original certificate and presentation box

41mm diameter
Case, dial and movement signed

HK$1,200,000 - 2,000,000 

Sold for HK$1,625,000

Contact Specialist
Ziyong Ho
+852 9386 2032
[email protected]

The Hong Kong Watch Auction: FIVE

Hong Kong Auction 28 November 2017