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

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  • Manufacturer: Patek Philippe
    Year: Circa 2015
    Reference No: 5961P-001
    Movement No: 5’927’984
    Case No: 6’071’975
    Material: Platinum and diamonds
    Calibre: Automatic, cal. CH 28-520 IRM QA 24H, 40 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum and diamond-set Patek Philippe deployant clasp
    Dimensions: 40mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 17th November 2015 stamped Restivo s.r.l., instruction manual, product literature, setting pin, hang tag, leather folio, outer packaging and fitted presentation box.

  • Catalogue Essay

    Debuted in 2006, the Patek Philippe ref. 5960 houses the firm’s very first self-winding in-house chronograph movement, further enhanced with an additional annual calendar complication. Initially introduced in platinum with a grey dial, the reference was further produced in various case materials and dial variations over the years. Featuring a clean-cut dial layout, it features three apertures indicating the day, date and month sandwiched in between 10 and 11 O’clock (Day), 11 and 12 O’clock (Date) and 1 and 2 O’clock (Month). Furthermore, a monocounter for the chronograph is legibly positioned at 6 O’clock.

    In 2011, Patek Philippe released the ref. 5961P being the first variant of the ref. 5960 with a baguette-cut diamond-set bezel, indexes and clasp. Fitted with a mesmerizing ocean blue dial, the contrast against the bedazzled platinum case is extremely attractive with a subtle flare. The reference was later launched in pink gold as well as rare examples of the reference in platinum featuring emerald, ruby and sapphire-set examples.

    The present example Patek Philippe ref. 5961P-001 is offered with its full set of accessories and preserved in excellent overall condition. A perfect timepiece for collectors looking for a timepiece with practicality stringed with a hint of flamboyance.

  • 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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Σ984

Ref. 5961P-001
A very fine and attractive platinum and diamond-set annual calendar chronograph wristwatch with power reserve, day and night indication, diamond-set indexes, Certificate of Origin and presentation box

Circa 2015
40mm diameter
Case, dial, movement and clasp signed

Estimate
HK$625,000 - 940,000 
€67,400-101,000
$80,100-121,000

Sold for HK$882,000

Contact Specialist

Thomas Perazzi

Head of Watches, Asia
+852 2318 2001

WatchesHK@phillips.com

The Hong Kong Watch Auction: XI

Hong Kong Auction 29 November 2020