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

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  • Manufacturer: Patek Philippe
    Year: Circa 2020
    Reference No: 5320G-001
    Movement No: 7’296’293
    Case No: 6’380’043
    Material: 18K white gold
    Calibre: Automatic, cal. 324 S Q, 29 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 40mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 9th April 2020 stamped Al Qurum Jewellery LLC, instruction manual, product literature, setting pin, additional solid caseback, leather folio, leather winding box, leather travel case, outer packaging and fitted presentation box.

  • Catalogue Essay

    Regarded as the master of the complication, Patek Philippe introduced the ref. 5320G-001 at the Baselworld 2017 marking a new era and an entirely new perpetual calendar reference. As the pioneers of the perpetual calendar wristwatch, Patek Philippe was the very first to introduce such feature in 1925, however it was not until the 1940s when the firm released their very first serially produced perpetual calendar wristwatch with an additional chronograph complication via the legendary ref. 1518. Only a year later, Patek Philippe released the perpetual calendar only ref. 1526. With that said, their reign of being the absolute king of perpetual calendars lasted far beyond that. In 1962, Patek Philippe stunned the world with another groundbreaking release of the ref. 3448, the world’s first self-winding perpetual calendar wristwatch, which was at that time the only self-winding perpetual calendar wristwatch available in the market for over 16 years.

    Taking inspiration from its ancestral greats, the ref. 5320G-001 exudes a strong vintage appeal with modern practicalities. First feature one may notice is the “ivory” lacquered dial that resembles the creamy patina sometimes witnessed on vintage Patek Philippe timepieces due to ageing. Secondly, the Arabic numerals are reminiscent of the coveted ref. 1518, modernized with applied luminous material to give the wearer better legibility. Furthermore, one may notice the extremely fancy three-tiered stepped lugs that are most certainly art deco inspired as well as paying its similarities to the chronometer ref. 2405 from the 1940s.

    Extremely well-executed with aesthetics perfectly in-line with the contemporary taste of collectors seeking for a touch of vintage. The present example Patek Philippe ref. 5320G-001 is offered in excellent overall condition only worn a handful of times with a Certificate of Origin dated this year. Complete with the full set of accessories, the present timepiece is with no doubt one of the most undervalued contemporary Patek Philippe timepieces available in the market.

  • 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. 5320G-001
A very fine and attractive white gold perpetual calendar wristwatch with center seconds, moon phases, leap year, day and night indication, Certificate of Origin and presentation box

Circa 2020
40mm diameter
Case, dial, movement and clasp signed

HK$350,000 - 550,000 

Sold for HK$567,000

Contact Specialist

Thomas Perazzi

Head of Watches, Asia
+852 2318 2031

The Hong Kong Watch Auction: XI

Hong Kong Auction 29 November 2020