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

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  • Manufacturer: Patek Philippe
    Year: Circa 2010
    Reference No: 5004P-033
    Movement No: 3'275’224
    Case No: 4’481’077
    Material: Platinum
    Calibre: Manual, cal. CHR 27-70 Q, 28 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 36mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Tourneau Caesar’s Palace Las Vegas dated 4th March 2010, leather portfolio, instruction manual, additional solid caseback, setting pin, hang tag, slipcase, fitted presentation box and outer packaging.

  • Catalogue Essay

    Launched in 1996, the Patek Philippe ref. 5004 is the firm’s first serially produced perpetual calendar with a split seconds complication. This reference, touching the hearts of collectors and connoisseurs, perfectly encapsulates the centuries-old horological prowess of the esteemed manufacturer and their timeless distinct design codes. The timepiece also marked another momentous moment for the firm as it featured the last Lemania-based caliber, cal. CH 27-70 Q.

    Combining its intricacy and costly process, only a dozen examples left the workbench per annum and after a sweet but short 16-year production run, it was subsequently replaced in 2012 by the ref. 5204, fitted with an in-house movement. A rare bird indeed, the ref. 5004 was an application piece which was arguably one of the most unattainable models that was near impossible to secure from boutiques.

    Featuring a sophisticated tuxedo attire, the semi-glossy dial in black decorated with 10 diamonds and 1 baguette diamond set hour markers is truly exceptional. Given its rarity and beauty, this exquisite example from circa 2010 remains untouched in its single-sealed packaging. Fresh-to-the-market and offered with its Certificate of Origin and full accessories, the present Patek Philippe ref. 5004P is, no doubt, a collector’s dream waiting to be unsealed for the first time.

  • 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 an Important Asian Collector

Σ933

Ref. 5004P-033
A highly important, rare and unworn platinum perpetual calendar split seconds chronograph wristwatch with moon phases, leap year, AM/PM indication, additional solid caseback, setting pin, Certificate of Origin and presentation box, single-sealed

Circa 2010
36mm diameter
Case, dial, movement and clasp signed

Estimate
HK$1,950,000 - 2,750,000 
€236,000-333,000
$250,000-353,000

Sold for HK$2,794,000

Contact Specialist

Thomas Perazzi
Deputy Chairman, Watches, Head of Watches, Asia
+852 2318 2001
WatchesHK@phillips.com

The Hong Kong Watch Auction: XVII

Hong Kong Auction 24-25 November 2023