Patek Philippe - Racing Pulse New York Saturday, December 12, 2020 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2018
    Reference No: 59601A-010
    Movement No: 7’100’074
    Case No: 6’103’576
    Material: Stainless steel
    Calibre: Automatic, cal. 28-250 IRM QA 24H, 40 jewels
    Bracelet/Strap: Stainless steel Patek Philippe link bracelet, additional Patek Philippe Leather strap
    Clasp/Buckle: Philippe stainless steel double deployant clasp, stainless steel Patek Philippe buckle
    Dimensions: 40.5mm Diameter
    Signed: Case, dial, movement, and buckles signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated February 28, 2018, signed Kooheji Store Company, wooden presentation box, leather envelope, product literature and outer packaging.

  • Catalogue Essay

    Patek Philippe has been at the forefront of technical innovation. Over their distinguished history they have designed some of the most iconic and cherished timepieces in the field of collectors’ watches. Their design and craftmanship with complicated watches has a long tradition ranging from pocket watches to wristwatches, launching the first serially produced perpetual calendar and perpetual calendar chronograph wristwatches in 1941 – the iconic references 1518 and 1526, respectively. In 2006 Patek Philippe released another milestone watch, the reference 5960 featuring the first self-winding, in-house chronograph movement with annual calendar. Initially launched in a platinum case and soon offered in 18 karat pink and white gold, in 2014 Patek Philippe introduced a stainless steel version fitted on a steel bracelet with a charismatic white dial featuring black and red accents. In 2017, Patek Philippe released a new stainless steel 5960 variant with a dynamic black dial and red chronograph hand, however by early 2018 the stainless steel reference was disconnected.

    The steel reference 5960 models have a sporty modern appeal, and with the double complication of chronograph and annual calendar it is a watch suited to active enthusiasts. The annual calendar was first released by Patek Philippe in 1996 as a time only model, and unlike its more complicated perpetual calendar watch, it was a less expensive timepiece, which only needed adjustment once a year in February. The annual calendar became a popular complication, and over time the brand added the chronograph function in 2006. The reference 5960 is still available today, offered however only in platinum or white gold. The dial colour changed over time from grey to white, blue and black, but the iconic “bulls-eye” design at the 6 o’clock position has remained the same, with the chronograph’s 30-minute and one-hour counters situated coaxially on top of each other.

    The present example is preserved in excellent condition, and complete with its original Certificate of Origin and presentation box. The black dial version was produced for a very short period and is thus very rare. Phillips offered the first example of this model in the landmark Phillips & Blackbird: Sports thematic auction on 27 May 2019 in Hong Kong. This fresh-to-the-market, flyback chronograph annual calendar watch is sure to please collectors who appreciate Patek Philippe’s long history with complicated timepieces.

  • 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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Ref. 59601A-010
A very rare and attractive stainless steel annual calendar flyback chronograph wristwatch with black dial, power reserve, bracelet, Certificate of Origin and presentation box

Circa 2018
40.5mm Diameter
Case, dial, movement, and buckles signed

$30,000 - 60,000 

Sold for $75,600

Contact Specialist

Paul Boutros
Head of Watches, Americas & International Strategy Advisor
Senior Vice President
+1 212 940 1293

Racing Pulse

New York Auction 12 December 2020