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

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  • Manufacturer: Patek Philippe
    Year: 2011
    Reference No: 5159R-001
    Movement No: 5’574’430
    Case No: 4’528’491
    Material: 18K pink gold
    Calibre: Automatic, cal. 324 QR, 30 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K pink gold Patek Philippe deployant clasp
    Dimensions: 38mm Diameter
    Signed: Case, dial, movement, and clasp signed.
    Accessories: Accompanied by Patek Philippe Extract from the Archives confirming production of the present watch in 2011 and its subsequent sale on March 1st 2011. Further accompanied by Patek Philippe Duplicata Certificate of Origin dated July 16, 2011, hang tag setting pin, and factory box. Additionally accompanied by Patek Philippe inner box and Tiffany & Co. outer box, leather folio, and product literature.

  • Catalogue Essay

    The perpetual calendar has proved the anchor of Patek Philippe’s line of grand complications since the first half of the twentieth-century. The earliest serially produced references - the 1526 and 2497 – are among the most respected and lauded perpetual calendars to be manufactured by any watchmaking brand. After the advent of the reference 3448 in 1961, the first self-winding perpetual calendar from Patek Philippe, the manufacture consistently released automatic perpetual calendars in a variety of case shapes. In 1999, Patek Philippe launched its first perpetual calendar housed within an “Officer’s” case with a hinged caseback.

    Replacing the reference 5059, the 5159 was released in 2007, with a 2mm increase in diameter and a dial featuring a hand-guillochéd center disc. The pink gold version was in production from 2010 to 2019. The Roman numerals were updated as well, becoming more elongated, similar to the engraved reference 5160. The most striking element is of course the retrograde date. At the end of each month, the date hand automatically flies back to its original starting point – a very difficult function to reliably implement in watchmaking. Only five have ever been offered publicly, and the present example is fresh-to-the-market.

    The present example, offered in completely unworn condition and complete with its original accessories, is a chance to own a modern classic with all the refinements of early-twentieth century design encasing the finest mechanics of the modern era.

    Consigned by the Original Owner

  • 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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Σ134

Ref. 5159R-001
A very rare and highly attractive pink gold perpetual calendar wristwatch with retrograde date, moonphase, Certificate of Origin, hangtag, and presentation box

2011
38mm Diameter
Case, dial, movement, and clasp signed.

Estimate
$30,000 - 50,000 
CHF27,500-45,800
€25,400-42,300
HK$233,000-388,000

Sold for $52,920

Contact Specialist

Paul Boutros
Head of Watches, Americas & International Strategy Advisor
Senior Vice President
+1 212 940 1293
pboutros@phillips.com

Racing Pulse

New York Auction 12 December 2020