Patek Philippe - The Hong Kong Watch Auction: XV Hong Kong Monday, November 28, 2022 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1994
    Reference No: 5050
    Movement No: 1’957’326
    Case No: 2’972’211
    Material: 18K yellow gold
    Calibre: Automatic, cal. 315 S QR, 31 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K yellow gold Patek Philippe pin buckle
    Dimensions: 35mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Emperor Watch & Jewellery Co. LTD., Hong Kong dated 31st December 1996, instruction manual, product literature, additional solid caseback, setting pin, leather folio, service invoice, outer packaging and fitted presentation box. Further delivered with a Patek Philippe Extract from the Archives confirming the date of manufacture of the present timepiece in 1994 and its subsequent date of sale on 19th January 1996.

  • Catalogue Essay

    In 1993, Patek Philippe released the perpetual calendar references 5050 and 5059. For the first time ever, Patek Philippe combined a self-winding perpetual calendar movement with center seconds. Furthermore, the ref. 5050 featured retrograde dates, which was hardly ever seen on a Patek Philippe wristwatch prior to the ref. 5050. Featuring a 35mm Calatrava style case, it was made by master casemaker Favre-Perret. The reference was made available in yellow gold, pink gold, white gold and platinum, and combined it is estimated that over 1,000 examples were produced until the reference was discontinued in 2002.

    The present example Patek Philippe ref. 5050 in yellow gold from 1994 belongs to an early example of the reference. Fitted with an opaline dial with applied yellow gold lapidated indexes, it is complete with its full set of accessories including its additional solid caseback. Delivered with a Patek Philippe Extract from the Archives confirming the production of the present timepiece in its exact configuration as offered, the ref. 5050 is considered by many collectors as one of the most undervalued perpetual calendar references.

  • 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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Σ1044

Ref. 5050
An attractive, rare an elegant yellow gold perpetual calendar wristwatch with center seconds, retrograde date, moon phases, leap year indication, additional solid caseback, Certificate of Origin and presentation box

1994
35mm diameter
Case, dial, movement and buckle signed

Estimate
HK$200,000 - 350,000 
€26,100-45,700
$25,600-44,900

Sold for HK$352,800

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2031
[email protected]

The Hong Kong Watch Auction: XV

28 - 29 November 2022 (Online Registration ends 27 Nov, 2pm HKT)