Patek Philippe - WINNING ICONS – Legendary Watches of the 20th Century New York Thursday, October 26, 2017 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1997
    Reference No: 5029R
    Movement No: 1’904’094
    Case No: 2’833’921
    Model Name: ‘Commemoration 1997’
    Material: 18k rose gold
    Calibre: Automatic, cal. R 27 PS, 39 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: 18k rose gold buckle, signed PPCo.
    Dimensions: 35mm diameter
    Accessories: Accompanied by presentation box, original certificate, Attestation, Controle Officiel Suisse des Chronometre, leather pouch, hangtag, and commemorative coin. Furthermore, the watch is offered with an Extract from the Archives confirming date of production in 1997 and subsequent sale date on February 27th, 1998.

  • Catalogue Essay

    Minute repeaters, highly complicated timepieces that chime the exact time on demand, are the ultimate expression of high-watchmaking. Through its rigorous quality control and high standards for tempo, sound quality, and volume, Patek Philippe’s minute repeating watches are widely considered the finest and best sounding amongst connoisseurs. With every minute repeating timepiece personally approved by the President of Patek Philippe before being sold, in the world of haute horologie, there are few things as iconic and desirable as a Patek Philippe minute repeating wristwatch. The reference 5029 was a watch created by the firm with the intent to commemorate everything Patek Philippe stands for: quality, craftsmanship, originality and innovation. Made to celebrate the inauguration of the new Patek Philippe workshops in Plan Les-Quates opened in 1997, this reference remains highly sought after amongst collectors. The case was created by the world renowned Jean-Pierre Hagmann (JPH), an incredibly talented individual known for his work on some of the most prestigious minute repeating watches, such as the celebrated references 3974, 3979 and the present 5029.

    Manufactured in a limited series of only 10 examples in yellow gold, pink gold and platinum, resulting in only 30 timepieces total. This minute repeating watch combines everything the market has come to admire about arguably the greatest watch manufacture in history. Its understated looks will fool the casual observer, who would have no idea the watch is fitted with an ingenious, ultra-thin minute repeating movement, the caliber R 27 PS, incorporating an offset winding rotor that permits space for the two minute repeating gongs. The beautiful officer-style hinged case with screw-set lugs is a recognizable design synonymous with some of Patek Philippe’s most beautiful dress watches. Actuate the discreet slide at 9 o’clock, and the clear, crisp, and surprisingly loud chimes that strike the exact time will absolutely delight its subject. The present 5029R timepiece is perfectly preserved, as if it had never been worn since the time of sale. It is as complete as one could hope for, with its presentation boxes, original certificate of origin, Attestation, Controle Officiel Suisse des Chronometre, leather pouch, product literature, and hangtag. Furthermore, the watch is offered with an Extract from the Archives confirming date of production in 1997 and subsequent sale date on February 27th, 1998. For the discerning collector, it is an exquisite trophy watch worthy of crowning the world’s finest collections.

  • 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.

    View More Works


Ref. 5029R
An extremely rare and important, rose gold limited edition minute repeating wristwatch with original certificate, commemorative medallion, literature and box, celebrating the inauguration of the Patek Philippe workshops in Plan-Les-Quates.

Case, dial, movement and buckle signed. Caseback further engraved ‘Commemoration 1997’
35mm diameter

$300,000 - 600,000 

Sold for $375,000

Contact Specialist
Paul Boutros
Head of Watches, Americas
+1 212 940 1293

WINNING ICONS – Legendary Watches of the 20th Century

New York Auction 26 October 2017