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

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  • Manufacturer: Patek Philippe
    Year: Circa 2015
    Reference No: 5159G-012
    Movement No: 5’892’762
    Case No: 6’046’198
    Material: 18K white gold
    Calibre: Automatic, cal. 324 S QR, 30 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 38mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Boodles LTD United Kingdom dated 1st November 2015, leather folio, instruction manual, product literature, setting pin, hang tag, envelope, fitted presentation winding box, chargers and outer packaging.

  • Catalogue Essay

    Supremely elegant, the reference 5159 is the successor of the highly collectible ref. 5050 and 5059. Featuring an intriguing complication in the form of a perpetual calendar with retrograde fly back date, the models are one of the very few perpetual calendar to bear the feature of a sweep seconds mechanism.

    Launched in 2006, the reference 5159 inherits the distinct DNA of its predecessors with the beautifully designed officer’s style case with a specially integrated hinged case back and linear lugs with screwed pins. Upsized with a 2mm larger case than the ref. 5059, the 38mm diameter case sits gracefully on the wrist.

    In 2015 at the Patek Philippe Watch Art Grand Exhibition London, a limited edition of the model was released it is rumoured that only 80 pieces were made for the model. Released as the ref. 5159-012, it features a opaline dial with Breguet numerals to stand apart from the regular production. The minute scale is also updated to chemin-de-fer to with a modern look. Turning the watch over, the caseback is engraved with Patek Phillipe London 2015 mark to commemorate the event.

    Fresh-to-the-market and kept in its stunning double-factory sealed condition, this rare example is absolutely unworn. The reference was discontinued recently by the firm in 2020, the present example in 18K white gold offered by the original owner is charmed with timeless understated perfection.

  • 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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Property from the Original Owner


Ref. 5159G-012
An untouched, highly attractive and rare limited edition white gold perpetual calendar wristwatch with officer’s case, retrograde date, moon phases, leap year indication, Breguet numerals, Certificate of Origin and presentation box, made for the London boutique, double factory sealed

Circa 2015
38mm diameter
Case, dial, movement and clasp signed

HK$200,000 - 400,000 

Sold for HK$482,600

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