An extremely rare and important pink gold minute repeating perpetual calendar wristwatch with tourbillon, retrograde date, moon phase, Breguet numerals, additional hard caseback, certificate of origin, and presentation box

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  • Manufacturer: Patek Philippe
    Year: Circa 2011
    Reference No: 5016R
    Material: 18K pink gold
    Calibre: Manual, cal. RTO 27 PS QR, 28 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K pink gold Patek Philippe buckle
    Dimensions: 37mm Diameter
    Signed: Case, dial, movement, and clasp signed.
    Accessories: With Patek Philippe Certificate of Origin dated May 19, 2011, and signed by the Patek Philippe Salon, Geneva, Rate Accuracy Certificate For Patek Philippe Tourbillon Watches dated January 24, 2011, wooden fitted presentation box, additional 18K pink gold hard caseback, 18K pink gold setting pin, leather portfolio, product literature with glossy photograph, box key, and outer packaging

  • Catalogue Essay

    Purists have always considered Patek Philippe the pinnacle of master craftsmanship and their complicated timepieces grail watches to own for an important collection. Since the early 1940s when the reference 1526 was released, there has been a long and prestigious line of watches that elicit awe and inspiration, from the 3448 perpetual calendar wristwatch, to the iconic perpetual calendar chronographs, 1518 and 2499, as well as early minute repeating models like the reference 2419. These timepieces are mechanical works of art, which have a functional purpose, and they are a joy to look at the intricacies and quality of their movements. Released in 1993, the reference 5016 was the most modern complicated watch produced by the firm with a minute repeating, perpetual calendar, tourbillon movement, until Patek Philippe released the Sky Moon Tourbillon (5002) in 2001. Produced in yellow, white and rose gold, as well as platinum the watches featured silvered or black dials with numerals matching the case. It is believed that approximately 200 examples were manufactured until production ended in 2011.


    The present example is fresh to the market from the original owner and in near new condition, complete with original certificate of origin, presentation box and additional hard case back. The dial features a rare retrograde date sector, which Patek Philippe featured on a few select references including 5050, 5059, 5159 and 5160. The minute repeating function has an exceptional tone and fullness. The reference 5016 is a wristwatch that embodies all the master qualities one expects from Patek Philippe, with a classic design and complicated movement, it is a legendary wristwatch that many adore, but few can own.

  • Maker Bio

    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. 5016R
An extremely rare and important pink gold minute repeating perpetual calendar wristwatch with tourbillon, retrograde date, moon phase, Breguet numerals, additional hard caseback, certificate of origin, and presentation box

Circa 2011
37mm Diameter
Case, dial, movement, and clasp signed.

Estimate
$300,000 - 700,000 
CHF299,000-698,000
€261,000-608,000
HK$2,350,000-5,490,000

sold for $399,000

Contact Specialist
Paul Boutros
Head of Watches, Americas
+1 212 940 1293
pboutros@phillips.com

STYLED. Timeless Watches & How to Wear Them

New York Auction 5 December 2018