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

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  • Manufacturer: Patek Philippe
    Year: 2012
    Reference No: 5104
    Movement No: 5’000’628
    Case No: 4’556’372
    Material: Platinum and 18K pink gold
    Calibre: Automatic, cal. R27 PS QR LU, 41 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe pin buckle
    Dimensions: 43mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Delivered with a Patek Philippe Extract from the Archives confirming its date of manufacture of the present timepiece in 2012 and its subsequent date of sale on 6th March 2012.

  • Catalogue Essay

    The release of the Patek Philippe ref. 5104 in 2007 was a total revelation for many. Stepping away from traditional boundaries, it is the first time a Patek Philippe Grande Complication reveals its inner workings through an unusual transparent dial. Extremely rare and complicated, the reference was discontinued in 2013 with an estimated production of no more than 10 pieces annually, with less than 100 examples of the reference produced in total.

    One of the most exclusive Grand Complication references released in recent times, the Patek Philippe ref. 5104 features two of the firm’s most celebrated complications, the perpetual calendar and the minute repeater. The reference is unlike any other that came before, exuding a contemporary appeal through its transparent sapphire dial, the feature allows the wearer to admire the mechanically impressive movement architecture of the self-winding cal. R 27 PS QR composed of 515 components. One of the challenges of the feature was to achieve the highest possible legibility of the dial. By incorporating a retrograde date feature indicated via an additional red-tipped crescent hand along the periphery of the dial, the four transparent registers indicating leap years, months, moon phases and day are made legible with white texts and graphics with a black metallized rectangle indicating the correct day, month and leap year.

    Encased in an elegant 43mm diameter platinum case, the casebands and lug sides are decorated with 18K pink gold hollowed inlays that provide a completely refreshed appeal to the reference further separating itself from other Grand Complication models. With a crisp and loud chime, achieved by the beautiful construction of the case, the ref. 5104 is dubbed by many as one of the most impressive minute repeating timepieces launched by Patek in the 21st century. In 2014, Patek Philippe replaced the reference with the new ref. 5304R similarly with a transparent sapphire dial. With a short-lived production of five years ending in 2019, the firm once again shocked the community with the special limited edition ref. 5303R-010 made for the Patek Philippe Watch Art Grand Exhibition in 2019 with only 12 examples produced.

    Preserved in excellent overall condition and accompanied by a Patek Philippe Extract from the Archives confirming the production of the present timepiece in 2012, this is truly a fantastic opportunity to acquire arguably one of the most important pivotal Grand Complication models by Patek Philippe.

  • 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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Property from a distinguished lady

Σ988

Ref. 5104
An exceptional, highly impressive and rare two tone platinum and pink gold semi-skeletonised minute repeating perpetual calendar wristwatch with small seconds, retrograde date, moon phases and leap year indication

2012
43mm diameter
Case, dial, movement and buckle signed

Estimate
HK$1,800,000 - 2,800,000 
€194,000-302,000
$231,000-359,000

Sold for HK$4,536,000

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