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

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  • Manufacturer: Patek Philippe
    Year: Circa 2016
    Reference No: 5270R-001
    Movement No: 5’942’880
    Case No: 6’088’222
    Material: 18K pink gold
    Calibre: Manual, cal. CH29-535 PS Q, 33 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K pink gold Patek Philippe deployant clasp
    Dimensions: 41mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 2016, wooden presentation box, additional hard back, setting pin, hang tag, leather envelope with product literature, and outer packaging.

  • Catalogue Essay

    Patek Philippe’s reference 5270 perpetual calendar chronograph was introduced in 2011 at Baselworld as the replacement for the reference 5970 first released in 2004. Both models evolved from a highly successful perpetual calendar chronographs, starting with the famed reference 1518 – the world’s first serially produced perpetual calendar chronograph wristwatch in 1941, followed by the iconic 2499 released in 1951, and modernized with the reference 3970 from 1987-2004. The reference 5270 broke ground from its historical past, and was Patek Philippe’s first perpetual calendar chronograph wristwatch with a fully in-house movement.

    Four years after its launch, the model was introduced with an 18 karat rose gold case, like the present example, in 2015, following platinum-cased models released the year prior. Fitted within a very wearable 41mm diameter case, its symmetric dial has a symmetry reminiscent of vintage models, and modernised with night and day indication. Applied rose gold hour markers and rose gold feuille hands perfectly match the case. The hands and numerals on the 5270R match the case, and are a wonderful juxtaposition. Since its introduction, the model has seen several iterations, as seen with so many of the brand’s past models. The changes have been observed with the dial over three series:

    First series: Hands and hour markers are blackened white gold, offering the highest degree of legibility amongst all three series. The dial features railway minute divisions combined with Arabic five minute divisions, and was produced from 2011-2013.

    Second series: In production from 2013 to 2015, a tachymeter scale that follows the contour of the subsidiary seconds counter is now added.

    Third series: The tachymeter scale now stops where it intersects the timekeeping seconds subsidiary dial.

    This rare pink gold perpetual calendar chronograph is only the fourth known example to appear at auction. Preserved in as new, unworn condition, it is consigned by the original owner, and is complete with its original certificate and presentation box. It represents an opportunity to own one of the most striking and iconic timepieces in Patek Philippe's collection.

    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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Ref. 5270R-001
A very rare and fine pink gold perpetual calendar chronograph wristwatch with moonphase, leap year, night/day indication, Certificate of Origin, additional hard back, and presentation box

Circa 2016
41mm Diameter
Case, dial, movement and clasp signed

$80,000 - 160,000 

Sold for $126,000

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Racing Pulse

New York Auction 12 December 2020