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

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  • Manufacturer: Patek Philippe
    Year: 2010
    Reference No: 5004G-013
    Movement No: 3’275’268
    Case No: 4’493’441
    Material: 18K white gold
    Calibre: Manual, cal. CHR 27-70Q, 28 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 36mm Diameter
    Signed: Case, dial, movement, additional caseback, and buckle signed.
    Accessories: Accompanied by hang tag, setting pin, additional solid caseback, and factory box. Additionally accompanied by Patek Philippe Certificate of Origin dated August 2nd, 2010, oversized leather folio, glossy photograph, product literature, fitted presentation box, and outer box.

  • Catalogue Essay

    One of the great classics of the modern Patek Philippe catalogue, the reference 5004 was produced between 1994 and 2010. It is the first Patek Philippe serially-produced perpetual calendar chronograph wristwatch with split-seconds – based on the iconic perpetual calendar chronograph models rooted in the history of the brand, the first model made in series being reference 1518 launched in 1941 – now with the addition of a split-seconds complication. Together with the reference 5070 and 5970, it is the last Patek Philippe model to employ the “Nouvelle Lemania”-based calibre. The aesthetics of the watch are based on reference 3970 (itself based on the iconic ref. 2499), with subtle differences: the dial features large Arabic numerals instead of baton markers most often found on the ref. 3970; the case is thicker and 0.8 mm larger as a result of the split-seconds complication, granting it a more substantial wrist presence, while still remaining very elegant and understated.

    To be granted the privilege of purchasing any reference 5004 was arduously challenging. The intricacy of the split-seconds module added to the already complex perpetual calendar chronograph and the extremely high finishing standard of the company commanded an incredibly slow production rate. Out of the five serially produced materials used in the 5004 – being yellow gold, white gold, pink gold, platinum, and stainless steel – white gold is believed to be the rarest, with only 26 examples known to-date.

    To augment this rarity, the present, fresh-to-market reference 5004 in white gold is factory single-sealed and comes accompanied with all of its original accessories as delivered by the factory. Widely thought of as one of the most desirable contemporary references by Patek Philippe, the combination of the subtle lustre of white gold, rarity, and the finest in Swiss watchmaking make this an exceptional acquisition for the discerning collector.

  • 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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Σ122

Ref. 5004G-013
A “new old stock”, extremely rare, and desirable perpetual calendar split-seconds chronograph wristwatch with moon phase, additional solid caseback, and Certificate of Origin, single sealed

2010
36mm Diameter
Case, dial, movement, additional caseback, and buckle signed.

Estimate
$150,000 - 300,000 
CHF149,000-299,000
€144,000-288,000
HK$1,180,000-2,350,000
S$209,000-419,000

Sold for $390,600

Contact Specialist

Paul Boutros

Head of Watches, Americas

+1 (212) 940-1293

WatchesNY@Phillips.com

 

Isabella Proia

Head of Sale, New York

+1 (212) 940 1285

iproia@phillips.com

The New York Watch Auction: SIX

New York Auction 11-12 June 2022