Patek Philippe - The Hong Kong Watch Auction: NINE Hong Kong Monday, November 25, 2019 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2014
    Reference No: 5216P-001
    Movement No: 5'001'732
    Case No: 4'697'344
    Material: Platinum
    Calibre: Manual, cal. RTO 27 PS QR, 28 jewels, stamped with the Patek Philippe seal
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 39.5mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Further accompanied by Patek Philippe Certificate of Origin, Bulletin de Précision de Marche and instructions in large leather bounder, product literature, leather pouch, setting pin and presentation box

  • Catalogue Essay

    Launched in 2011, reference 5216 is the successor to reference 5016 (at the time of launch in 1993, the most complicated wristwatch serially made by Patek Philippe). It incorporates a perpetual calendar with retrograde date, a minute repeating mechanism, moonphases and a tourbillon regulator, making this timepiece a true watchmaking powerhouse. One of the most notable features of the watch is that despite the enormous intricacy of the movement, Patek Philippe managed to maintain the specifically developed in-house caliber RTO 27 PS QR (replacing the earlier Nouvelle Lemania based movement) to a very diminutive 28mm size. The 39.5mm size of the watch implies the presence of a relatively large resonant cavity within the case, allowing for remarkably loud and clear chiming.

    Under an aesthetic point of view, the watch is inspired by one of the most distinguished case designs in the long and rich Patek Philippe heritage: the connoisseur will immediately identify the simple and elegant lines of early Calatrava timepieces such as ref. 96, of course reinterpreted to a larger, more modern size and adapted for the additional coplications. The black lacquered dial offers remarkable contrast with the platinum case, the gloss finish adding a further layer of elegance and the white gold markers like radiant pebbles in a pool of darkest ink.

  • 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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Σ1061

Ref. 5216P-001
A highly complicated, rare and distinguished platinum perpetual calendar minute repeating wristwatch with tourbillon regulator, retrograde date, moonphases, black lacquered dial, Certificate of Origin and box

Circa 2014
39.5mm Diameter
Case, dial, movement and clasp signed

Estimate
HK$2,200,000 - 4,000,000 
€251,000-456,000
$282,000-513,000

Sold for HK$3,930,000

Contact Specialist

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

The Hong Kong Watch Auction: NINE

Hong Kong Auction 25-26 November 2019