Patek Philippe - The New York Watch Auction: SIX New York Saturday, June 11, 2022 | Phillips

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  • Condition Report

  • Description

    View our Conditions of Sale.

  • Manufacturer: Patek Philippe
    Year: 2012
    Reference No: 5270G-001
    Movement No: 5’632’838
    Case No: 4’555’385
    Material: 18K white gold
    Calibre: Manual, cal. CH 29-535 PSQ, 33 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K white gold deployant buckle
    Dimensions: 41mm Diameter
    Signed: Case, dial, movement, and clasp signed.
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated June 6th 2012, original invoice, instruction manual, product literature, leather wallet, additional pin buckle, solid caseback, setting pin, three additional Patek Philippe leather straps (two exotic and one calfskin), fitted presentation box, and outer packaging.

  • Catalogue Essay

    The serially-produced perpetual calendar chronograph is one of Patek Philippe’s most historic and iconic models to date. Its roots date back to 1941 with the creation of the reference 1518. The reference 5270 is the latest version of this complication by Patek Philippe, following the 1518 (1941-1951), the 2499 (1951-1987), the 3970 (1987-2004), and finally, the 5970 (2004-2011) that marked the end of the era of Patek Philippe’s use of outsourced – and superbly modified - movements for the base chronograph calibers.

    The reference 5270 was a truly ground-breaking successor to the brand’s storied perpetual calendar line. With its launch in 2011, it was Patek Philippe’s very first perpetual calendar chronograph with a fully in-house movement. There are three recognized series of the 5270, which are as follows:

    First series: the hands and numerals are blackened white gold, offering the highest legibility among all the 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, the hand and numerals are now a more classic white and the tachymeter scale has been added. The scale follows the contour of the subsidiary seconds counter.

    Third series: The white numerals and hands are unchanged, but the tachymeter scale now stops where it intersects the running seconds subsidiary dials. The current production 5270 is no longer available in white gold.

    The present first-series example is fresh-to-the-market, accompanied with its additional solid caseback, setting pin, certificate of origin, product literature, and original packaging in pristine condition. A part of the Ride the Wave collection, it was acquired directly by the collector at the Patek Philippe Salon in 2012 and is truly a superb example of the earliest iteration of this milestone reference.

    PROPERTY OF 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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Σ103

Ref. 5270G-001
An early, well-preserved, and elegant white gold perpetual calendar chronograph wristwatch with leap year indicator, moon phase, Certificate of Origin, and presentation box

2012
41mm Diameter
Case, dial, movement, and clasp signed.

Estimate
$70,000 - 140,000 
CHF69,700-139,000
€67,100-134,000
HK$549,000-1,100,000
S$97,700-195,000

Place Advance Bid
Contact Specialist

Paul Boutros

Head of Watches, Americas

+1 (212) 940-1293

[email protected]

 

Isabella Proia

Head of Sale, New York

+1 (212) 940 1285

[email protected]

The New York Watch Auction: SIX

New York Auction 11-12 June 2022