Patek Philippe - The Hong Kong Watch Auction: XIII Hong Kong Thursday, November 25, 2021 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2018
    Reference No: 5370P-001
    Movement No: 5’253’876
    Case No: 6’239’092
    Material: Platinum
    Calibre: Manual, CHR 29-535 PS, 34 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 41mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped by Japanese retailer Yoshida dated 7th May 2018, instruction manual, product literature, additional solid caseback, setting pin, travel case, photo, leather folio, leather portfolio, outer packaging and fitted presentation box.

  • Catalogue Essay

    Collectors consider the Patek Philippe reference 5370 split seconds chronograph as being one of the most exciting and desirable watches to have left the workshops of the famed Geneva based manufacture in recent years.

    The beautiful black enamel dial, Breguet numerals as well as a very well balanced case design tick all the right notes. The movement has nothing to shy from the beauty of the dial. Fully developed in-house, caliber CHR 29-535 PS features a brand-new isolator that uncouples the split-seconds wheel from the chronograph wheel thus eliminating friction. Furthermore, the brand has developed a system allowing the chronograph and split seconds hands to perfectly align.

    Encased only in platinum and previously only made available with a black enamel dial, Patek Philippe launched the new ref. 5370P-011 in 2020 with a never seen before blue enamel dial replacing the first iteration of the reference in black. Manufactured in low numbers, the ref. 5370P-001 with a black enamel dial will go down in history being the very first reference to feature the firm’s first in-house split seconds chronograph caliber. With an established and important heritage in manufacturing some of the world’s most impressive chronograph timepieces, any split seconds chronograph manufactured by Patek Philippe is a masterpiece to acquire.

    The present example Patek Philippe ref. 5370P-001 from circa 2018 is offered in excellent overall condition with very minimal signs of use and wear. Complete with its full set of accessories and fresh to the market, the present discontinued model is no less than a great catch.

  • 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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Σ1008

Ref. 5370P-001
A very attractive and rare platinum split seconds chronograph wristwatch with black enamel dial, Breguet numerals, additional caseback, Certificate of Origin and presentation box

Circa 2018
41mm diameter
Case, dial, movement and clasp signed

Estimate
HK$1,167,000 - 1,556,000 
€129,000-173,000
$150,000-199,000

Sold for HK$1,575,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001
WatchesHK@phillips.com

The Hong Kong Watch Auction: XIII

Hong Kong Auctions 25-26 November 2021