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

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  • Manufacturer: Patek Philippe
    Year: Circa 2002
    Reference No: 5024G
    Movement No: 1’848’690
    Case No: 2’974’567
    Model Name: Gondolo
    Material: 18K white gold
    Calibre: Manual, cal. 215, 18 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe pin buckle
    Dimensions: 37.5mm length x 29.5mm width
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by undated Patek Philippe Certificate of Origin, instructions manual, product literature and leather folio.

  • Catalogue Essay

    Inspired by Patek Philippe timepieces from the Art Deco era, the ref. 5024 is part of the celebrated Gondolo Collection that was in production between 1994 and 2006. Striving to adhere to its core design DNA, the firm revived a timeless aesthetic from the past and gave it a second life with a contemporary vision. The stepped-edge rectangular case is paired with strong lines that visually highlights the oversized Breguet numerals and feuille hands on the dial. Offered in white, pink and yellow gold, the model is often complete with the combination of crocodile straps and the 50s-inspired Henri Stern buckle.

    Encased in white gold, the present timepiece features a crisp white porcelain dial with contrasting black Breguet numerals, along with a small-seconds register that is overlapped by 6 o’clock. Flaunting the perfect proportions distinct to Patek Philippe, the current fresh-to-the-market example is presented in excellent overall conditions with its Certificate of Origin.

  • 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. 5024G
A fine and attractive white gold rectangular-shaped wristwatch with small seconds, white porcelain dial, Breguet numerals and Certificate of Origin

Circa 2002
37.5mm length x 29.5mm width
Case, dial, movement and buckle signed

HK$60,000 - 120,000 

Sold for HK$88,200

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: XV

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