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

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  • Manufacturer: Patek Philippe
    Year: Circa 2010
    Reference No: 5033P-010
    Movement No: 1’904’518
    Case No: 4’473’839
    Model Name: "Gondolo"
    Material: Platinum
    Calibre: Automatic, cal. R27 PS QA, 44 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe pin buckle
    Dimensions: 39mm overall length
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 7th May 2010, instruction manual, product literature, leather folio, additional caseback, setting pin, hang tag, outer packaging and fitted presentation box.

  • Catalogue Essay

    With an amicable chime generated from two hammers striking against the gong architecturally positioned in the movement, any minute repeating wristwatch is somewhat impressive. For Patek Philippe it is a complication that is deeply rooted in their heritage. The first minute repeater produced by Patek Philippe was in 1924. Ever since, minute repeating wristwatches were witnessed in the catalogue throughout the lineage till date. With an extraordinary skill in perfecting an elegant and ever enduring chime, every Patek Philippe minute repeating wristwatch sounds at 30 to 40 decibels and every single piece is personally examined by Mr. Thierry Stern. With such intimate and rigorous quality control, it is without a doubt an important complication for manufacturers to perfect and enthusiasts to admire.

    The Patek Philippe ref. 5033P minute repeating annual calendar wristwatch first appeared in catalogues in 2002 as the first reference from the maison combining a minute repeater with an annual calendar. It was produced only in a platinum case with either a white or a black dial featuring painted roman numerals. In 2004, the reference was updated, and the dials no longer featured roman numerals and instead sported applied gold drop hour markers, like the present example shown here. It is believed that only 30 pieces were made of this present reference. The micro-rotor automatic movement can be appreciated through the display caseback where the extra-long gongs for the minute repeating mechanism are visible. This gives a much richer sound, hence the name of “cathedral” minute repeater.

    Presented in excellent overall condition and with the full set of accessories, the present lot is highly attractive and offers an incredible opportunity for collectors to acquire an underappreciated and incredibly rare minute repeating wristwatch with an annual calendar complication.

  • 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. 5033P-010
An extremely fine and rare platinum tonneau-shaped “Cathedral” minute repeating annual calendar wristwatch with small seconds, Certificate of Origin and presentation box

Circa 2010
39mm overall length
Case, dial, movement and buckle signed

HK$1,900,000 - 3,000,000 

Sold for HK$2,142,000

Contact Specialist

Thomas Perazzi

Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: XI

Hong Kong Auction 29 November 2020