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  • Manufacturer: Patek Philippe
    Year: 1995
    Reference No: 5020
    Movement No: 3’045’242
    Case No: 2’956’060
    Model Name: “TV Screen”
    Material: 18K yellow gold
    Calibre: Manual, cal. CH27-70Q, 24 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K yellow gold Patek Philippe buckle
    Dimensions: 37mm Wide
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated November 1, 1997 confirming the Breguet numerals, additional hard case back, leather envelope, Patek Philippe setting pin and hang tag. Further accompanied by Patek Philippe Extract from the Archives confirming date of manufacture of the present watch with Breguet numerals.

  • Catalogue Essay

    Patek Philippe’s line of iconic perpetual calendar chronograph wristwatches began an important milestone in the world of horology with the reference 1518. So ahead of its time in design and mechanical innovation, the brand continued to use its timeless aesthetic as the foundation for all subsequent perpetual calendar chronograph wristwatches through the present day, including the references 2499, 3970, 5970, and 5270.
    Patek Philippe’s release of the reference 5020 in 1994 was a dramatic departure from their usual rounded cases with its cushion-shaped case reminiscent of early 20th century watches. Referred to as the “TV Screen” by collectors, it was an alternative to the brand’s reference 3970, housing identical movements. At the time of release, the avant-garde design was not well received, and it is believed approximately 350 examples of the reference 5020 were ever made, either in yellow, pink or white gold as well as in platinum.
    Over time, the international market regained appreciation for the wristwatch for the purity of its mirror-finished, retro aesthetic, generous size and overall rarity comparable to that of other vintage references. Today, the reference 5020 is highly appreciated by discerning collectors for its distinctively elegant look, and Lemania-based caliber CH 27-70Q - the first non-Valjoux chronograph movement used by Patek Philippe. Heavily modified and meticulously hand-finished by Patek Philippe, it was one of the finest movements in production at the time.
    The present yellow gold example is fresh-to-the-market and only one of 10 yellow examples publicly offered with its original Certificate of Origin. With its beautiful dial with applied Breguet numerals, it is preserved in excellent condition and further accompanied with its original solid case back, hang tag and setting pin. Fully serviced by Patek Philippe, it presents an excellent opportunity to own one of these rare and stunning 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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Σ156

Ref. 5020
A fine and attractive yellow gold cushion-shaped perpetual calendar chronograph wristwatch with Breguet numerals, Certificate of Origin, additional solid case back, setting pin and hang tag

1995
37mm Wide
Case, dial, movement and buckle signed

Estimate
$100,000 - 200,000 
CHF92,500-185,000
€88,600-177,000
HK$780,000-1,560,000

Sold for $176,400

Contact Specialist

Paul Boutros

Head of Watches, Americas

+1 (212) 940-1293

[email protected]

 

The 2021 New York Watch Auction

New York Auction 11 - 12 December 2021