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

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  • Manufacturer: Patek Philippe
    Year: 1999
    Reference No: 5054R-001
    Movement No: 3’111’608
    Case No: 4’082’693
    Material: 18K pink gold
    Calibre: Automatic, cal. 240 PS IRM C LU, 25 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K pink gold Patek Philippe pin buckle
    Dimensions: 35.5mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Cortina Watch, Malaysia dated October 1999, instruction manual, product literature, envelope, leather folio, fitted presentation box and outer packaging. Further delivered with Patek Philippe Extract from the Archives confirming its date of manufacture of the present timepiece in 1999 and its subsequent date of sale on 11th October 1999.

  • Catalogue Essay

    The 1990’s was a stimulating period for Patek Philippe. The ref. 5054 was first released in 1999 until 2005 and was available in four different metals. One third of the production was cased in yellow gold and the other third in white gold and the last third in either pink gold or platinum. Housing the robust cal. 240, it was one of the first models to utilize the caliber and thereafter seen in the Nautilus ref. 5712. The timepiece is fitted with an unusual asymmetric dial configuration, the offset of the small seconds, power reserve and the moon phases streamlined into a cohesive visual rotation around the dial.

    With its stylish officer case and further fitted with a hinged caseback, the present example in warm pink gold is highly attractive. The hinged caseback reminisces the times where officers at war would caress portraits of their loved ones safely inside as a motivation to return to their loved ones after the war ends. The present example sports incredible elegance, the black and white dial dressed with sophisticated Roman numerals certainly goes perfectly well with a black tie attire for an evening concerto.

  • 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. 5054R-001
A fine and attractive pink gold wristwatch with date, power reserve indication, moon phases, officer-style case, Certificate of Origin and presentation box

35.5mm diameter
Case, dial, movement and buckle signed

HK$62,000 - 95,000 

Sold for HK$201,600

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: XIII

Hong Kong Auctions 25-26 November 2021