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

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  • Manufacturer: Patek Philippe
    Year: 2012
    Reference No: 5496P
    Movement No: 5’703’179
    Case No: 4’562’095
    Material: Platinum
    Calibre: Automatic, cal. 324 S QR, 30 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 39.5mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Clarkson Jewelers, Ellisville MO, wooden presentation box, setting pin, hang tag, leather envelop with product literature and outer packaging. Further accompanied by Extract from the Archives confirming production of the present watch with white gold indices in 2012, and its subsequent sale on November 15th, 2012.

  • Catalogue Essay

    The perpetual calendar has long been a complication offered by the prestigious Swiss manufacturer Patek Philippe - first in pocket watches and later in wristwatch form by the early 20th century. In 1925, Patek produced watch number 97975, their first known perpetual calendar wristwatch made with a lady’s pendant watch movement and encased in yellow gold. While this timepiece has resembled more closely a pocket watch, the complicated, ultra-thin, and miniaturized mechanism within demonstrated their superior workmanship, and Patek Philippe’s drive to bring innovation to wristwatches. Their first serially produced perpetual calendar wristwatch with moon phase, the reference 1526 was launched in 1941 and was the world’s first. It remained in production until 1952, and since that time has spawned an exceptional line of iconic perpetual calendar wristwatches known for both for their classic designs and outstanding movements, including the famed automatic references 3448, 3450, and 3940.

    Inspired by their historical past, the reference 5496P was launched at Baselworld in 2011 replacing the reference 5050 - Patek Philippe’s first retrograde perpetual calendar wristwatch produced from 1992 to 2002. The dial has an appealing aesthetic with the typical subsidiary dials replaced by day and month apertures at 3 and 9 o’clock, and the center of the dial with arced date track and retrograding hand. With a leap year indicator at 12 o’clock, and moon phase at 6 o’clock, the dial’s presentation of all date indications is both highly legible and an aesthetic delight. The round case is based on the original Calatrava from the 1930s – Patek Philippe’s most iconic and well-known model.

    The present factory sealed example is fresh-to-the-market, consigned by the original owner, and is a lovely addition to the world of complicated timepieces complete with original papers and presentation box.

    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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Σ58

Ref. 5496P
A fine and attractive platinum perpetual calendar wristwatch with retrograde date, moon phase, leap year indication, with Certificate of Origin, additional hard back and presentation box, factory sealed

2012
39.5mm Diameter
Case, dial, movement and clasp signed

Estimate
$40,000 - 80,000 
CHF36,000-72,000
€33,700-67,400
HK$310,000-620,000

Sold for $60,480

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