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

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  • Manufacturer: Patek Philippe
    Year: 2001
    Reference No: 5150
    Movement No: 3’235’288
    Case No: 4’162’246
    Material: 18K yellow gold
    Calibre: Automatic, cal. 315 S QA LU, 35 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K yellow gold Patek Philippe buckle
    Dimensions: 36mm Diameter
    Signed: Case, dial, and movement signed by maker, dial and case signed by retailer
    Accessories: Accompanied by Patek Philippe T150 Certificate of Origin stamped Tiffany & Co, Tiffany booklet with commemorative coin, and presentation box. Further accompanied by Extract from the Archives confirming production of the present watch with Tiffany dial in 2001, and its subsequent sale on November 29th, 2001.

  • Catalogue Essay

    One of the longest and most enduring relationships in horology has been that between Patek Philippe and the New York-based retailer, Tiffany & Co. Established almost 170 years ago when Tiffany signed an agreement with the Swiss manufacturer as their exclusive agent in North America, it gave the retailer access to high-end Swiss made timepieces, and allowed Patek Philippe access to a growing and lucrative American market. In recognition of their 150 year partnership, Patek Philippe released the exemplary reference 5150 (T150) annual calendar wristwatch with moon phase in 2001.

    The brand looked to its past and future for inspiration, and the model was the first Patek Philippe reference designed exclusively for a retailer. The officier-style case was reminiscent of their 1989 150th Anniversary wristwatch, the reference 3960J, however modernised to a 36mm diameter case with a bolder architecture featuring thick downturned lugs, and a wider bezel. The engraved hinged caseback read “Patek Philippe & Co: Tiffany & Co: 1851-2001” and set against a background featuring Patek Philippe’s headquarters. The caliber 315 S-QA was released in 1996 as the brand’s first annual calendar, and it was modified for the reference 5150 to include a moon phase complication.

    The 2001 model has a modern appeal with an unusual dial layout featuring a calendar displayed via three apertures, with day at the 9 o’clock, date at 6 o’clock, and the numeric month displayed in an aperture placed to the right of the word “month” - a twist on the standard typically spelling out or abbreviating the names of each month. It also gave the dial an asymmetrical feel with one’s eye drawn to the right-side of the dial. Additionally, rather than using bevelled numerals, Patek Philippe opted to use flat numerals and hands, as well as placing an oversized “T” at the 12 o’clock. Philippe and Thierry Stern were involved in the design of the watch, showing their commitment to this auspicious occasion. The watch was made in limited editions of 150 examples each in yellow, white and pink gold.

    The present example is fresh to the market and offered in excellent overall condition, along with its original T150 Certificate of Origin.

  • 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. 5150
A rare and fine limited edition yellow gold annual calendar wristwatch with moon phase and Certificate of Origin, Tiffany booklet with commemorative coin, and presentation box, retailed by Tiffany & Co.

36mm Diameter
Case, dial, and movement signed by maker, dial and case signed by retailer

$20,000 - 40,000 

Sold for $40,320

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Paul Boutros
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Racing Pulse

New York Auction 12 December 2020