Patek Philippe - The Hong Kong Watch Auction: XVII Hong Kong Friday, November 24, 2023 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2017
    Reference No: 5271/13P-001
    Movement No: 5’981’434
    Case No: 6’165’989
    Material: Platinum and Emerald
    Calibre: Manual, cal. 29-535 PS Q, 33 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum and emerald-set Patek Philippe deployant clasp
    Dimensions: 41mm diameter
    Signed: Case, dial, movement, and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 1st Jan 2017 stamped by Watch Town, instruction manual, product literature, leather folio, setting pin, additional solid case back, hang tag, slip case, outer packaging and fitted presentation box.

  • Catalogue Essay

    After a successful run of reference 5970, Patek Philippe replaced the 5970 series in 2011 with Ref. 5270 which is fitted with their first in-house perpetual calendar calibre CH29-535 PS Q that is stamped with the new Patek Philippe hallmark. Three years later, the manufacturer revealed 5271 in Baselworld in 2014 with various gem set variants including emerald, ruby, sapphire and diamonds. Case in platinum along with the glittery décor make this reference an impressive timepiece without being too coarse but a stylish and serious timepiece inside and out.

    The present lot ref. 5271/13P-001 is one of the rarest variations, the bezel and lugs are set with 80 brilliant baguette-cut emeralds of approximately 3.57 carats. Patek Philippe certainly spares no expense, the clasp is also set with baguette emeralds to match the case and the final touch, adding a baguette-cut emerald index at 12 O’clock against the glossy black dial that further enhances the charms. The use of emeralds has a long, impressive history since ancient times, and it continues to be relevant today.

    This special timepiece is produced in a small series and only offered to the esteemed VIP of Patek Philippe clients. The present lot is ‘Fresh to the market’ and possibly the 3rd emerald-set variant of ref.5271/P to appear in public auction to date. A majestic timepiece that can’t be missed by any discerning collector looking to acquire one of Patek Philippe's gem-set grand complications.

  • 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. 5271/13P-001
A very rare and elegant platinum emerald baguette-set perpetual calendar chronograph wristwatch with moon phases, leap year, day and night indication, additional solid caseback, Certificate of Origin and presentation box

Circa 2017
41mm diameter
Case, dial, movement, and clasp signed

HK$2,200,000 - 3,800,000 

Sold for HK$5,842,000

Contact Specialist

Thomas Perazzi
Deputy Chairman, Watches, Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: XVII

Hong Kong Auction 24-25 November 2023