Patek Philippe - The Hong Kong Watch Auction: XVIII Hong Kong Friday, May 24, 2024 | Phillips

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  • Condition Report

  • Description

    View our Conditions of Sale.

  • Manufacturer: Patek Philippe
    Year: Circa 2019
    Reference No: 5124G-011
    Movement No: 5’990’072
    Case No: 6’053’531
    Model Name: Gondolo
    Material: 18K white gold
    Calibre: Manual, cal. 25-21 REC PS, 18 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe pin buckle
    Dimensions: 33.4mm width x 43mm length
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Altier Jewelers Boca Raton USA dated 14th December 2019, leather folio, instruction manual, product literature, fitted presentation box and outer packaging.

  • Catalogue Essay

    Taking inspiration from the brand’s famous 10-day tourbillon reference 5101, the ref. 5124 debuted in 2008 as part of the Patek Philippe’s gondolo collection with an iconic elongated sculpted stepped case. Designed with an arched case, the timepiece sits extremely well on the wrist. Produced in yellow and white gold, the model was fitted with a choice of opaline, salmon and sunburst blue dial like the present example.

    A superbly versatile watch, the present reference 5124G with a rich blue dial was a colourway debuted in Basel world 2015. Boasting a sportier look from its silbings, the timepiece features a pair of refined faceted Dauphine hands and matching white gold markers. It is also the only version designed with an opaline silver minute track that gives the reference a modern touch.

    Beating within is the calibre 25-21 REC PS first released with the ref. 5098. Rectangularly shaped (REC) and fitted with a small seconds (PS) function, the movement takes design cues from the historic calibre 9-90 as well the Chronometro Gondolo movement of the early 20th century.

    Preserved in excellent overall condition and accompanied by its Certificate of Origin and original accessories, the ref. 5124 is an understated piece that deserved more attention.

  • 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.

    View More Works

Σ885

Ref. 5124G-011
A fine and attractive rectangular-shaped wristwatch with small seconds, sunburst blue dial, Certificate of Origin and presentation box

Circa 2019
33.4mm width x 43mm length
Case, dial, movement and buckle signed

Estimate
HK$100,000 - 200,000 
€12,000-23,900
$12,800-25,600

Place Advance Bid
Contact Specialist

Thomas Perazzi
Deputy Chairman, Watches, Head of Watches, Asia
+852 2318 2031
WatchesHK@phillips.com
 

Gertrude Wong
Head of Sale, Hong Kong
+ 852 2318 2045
gertrudewong@phillips.com
 

The Hong Kong Watch Auction: XVIII

Hong Kong Auction 24 - 25 May 2024