Patek Philippe - The Hong Kong Watch Auction: XIX Hong Kong Saturday, November 23, 2024 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2016
    Reference No: 5298P-012
    Movement No: 7‘009‘367
    Case No: 6‘074‘727
    Material: Platinum
    Calibre: Automatic, cal. 324 SC, 29 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum and diamond-set Patek Philippe pin buckle
    Dimensions: 38mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Emperor Watch & Jewellery Co. Ltd., Hong Kong, and dated 21st November 2016, additional platinum Patek Philippe deployant clasp, instruction manual, product literature, leather folio, hang tag, fitted presentation box and outer packaging.

  • Catalogue Essay

    Introduced in 2011, the reference 5298 perpetuates the heritage of the classic Patek Philippe Calatrava collection with its simple and elegant design.

    The present platinum example is embellished with 44 baguette diamonds on the bezel, totaling 3.87 carats. Fitted with a black date wheel, the flawless black lacquered dial matches seamlessly with the dazzling baguette and square-cut diamond indexes. The watch is also complemented by a platinum diamond-set Patek Philippe Henri Stern pin buckle, and is adorned with a small flawless diamond between the lugs at 6 o’clock, marking it as a Patek Philippe platinum watch.

    The reference 5298 remained in Patek Philippe’s catalogue until 2016. To the best of our knowledge, only approximately 5 examples of reference 5298P with a black dial have appeared publicly on the market to date, attesting to the rarity of this discontinued reference.

    Preserved in exceptional condition, and complete with full set of original accessories, the present timepiece is precisely the perfect dress watch for the modern watch connoisseur.

  • 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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Σ1029

Ref. 5298P-012
A fine and attractive platinum wristwatch with baguette diamond-set bezel, diamond-set indices, date, Certificate of Origin and presentation box

Circa 2016
38mm diameter
Case, dial, movement and buckle signed

Estimate
HK$400,000 - 600,000 
€46,800-70,200
$51,300-76,900

Sold for HK$698,500

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2030
WatchesHK@phillips.com
 

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

The Hong Kong Watch Auction: XIX

Hong Kong Auction 23 - 24 November 2024