Patek Philippe - The Hong Kong Watch Auction: XI Hong Kong Saturday, November 28, 2020 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2016
    Reference No: 5271/12P-001
    Movement No: 5’957’775
    Case No: 6’137’108
    Material: Platinum and ruby
    Calibre: Manual, cal. 29-535 PS Q, 33 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum and ruby-set Patek Philippe deployant clasp
    Dimensions: 41mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 28th July 2016 stamped George Pragnell, Straford Upon Avon, instruction manual, product literature, leather folio, setting pin, additional solid caseback, hang tag, slip case, outer packaging and fitted presentation box.

  • Catalogue Essay

    The present timepiece is perhaps one of the best examples of when haute horlogerie meets joaillerie. Encased in a beautiful platinum case with ruby-set bezel, lugs and clasp totaling 5.3 carats in total, the Patek Philippe ref. 5271/12P-001 is a true gem in the lineage of complicated Patek Philippe timepieces. In 2011, Patek Philippe released the ref. 5270 in white gold to replace the ref. 5970. A milestone for the firm, the new reference featured Patek Philippe’s very first in-house designed and built caliber 29-535 PS Q.

    In 2014, the firm released few rare examples of the ref. 5271P with various gem set variants, including emerald, ruby, sapphire and diamonds. The reference was the first to feature a glossy black lacquer dial constructed in twelve layers. Differing from second series examples of the regular ref. 5270, the dial no longer features the “double chin” at 6 O’clock. The present example set with rubies is one of the most desirable examples of the reference as the pigeon blood red contrasts extremely well against the glossy black dial giving the reference a vibrant appeal.

    Presented in double factory sealed condition, the present example was previously sold at PHILLIPS Hong Kong Watch Auction: SIX on 29th May 2018 and has not been opened since. Accompanied by the full set of accessories, the present specimen of this rare and superlative reference is with no doubt rare.

  • 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. 5271/12P-001
A superlative, very rare and attractive platinum and ruby-set perpetual calendar chronograph wristwatch with moon phases, leap year, day and night indication, Certificate of Origin and presentation box, double factory sealed

Circa 2016
41mm diameter
Case, dial, movement and clasp signed

HK$1,700,000 - 2,200,000 

Sold for HK$2,457,000

Contact Specialist

Thomas Perazzi

Head of Watches, Asia
+852 2318 2031

The Hong Kong Watch Auction: XI

Hong Kong Auction 29 November 2020