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: 2010
    Reference No: 5101R-001
    Movement No: 5’250’004
    Case No: 4’508’577
    Material: 18K pink gold
    Calibre: Manual, cal. TO 28-20 REC 10J PS, 29 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K pink gold Patek Philippe buckle
    Dimensions: 51.5mm length x 30mm width
    Signed: Case, dial, movement, and buckle signed.
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated February 19th 2011, chronometer certificate dated April 15th 2010, product literature, large leather wallet, and outer box.

  • Catalogue Essay

    An impressive, angular, and lavishly designed rectangular wristwatch, the reference 5101 stands out not only with its case architecture, but in its remarkable mechanical prowess. First launched in 2003, it was the first wristwatch that combined a double-barrel 10-day power reserve with a tourbillon. Later that year, the 5101 won the “Aiguille d’Or”, or Golden Hand, prize at the Grand Prix d’Horologerie de Genève – the Grand Prix’s highest honor. The case, with triple-stepped sides and a long, curved rectangular silhouette, owes direct homage to the Art Deco era of design.

    As far as tourbillons go, Patek Philippe is notable for being tastefully subtle with their use of the complication, preferring not to reveal the mechanism through the dial. This is done with a specific intention - to decrease the susceptibility of the tourbillon-equipped escapement losing oil via exposure to UV rays – but also serves to set Patek Philippe apart from its competitors. The two-tone dial of this reference 5101 is remarkably clean and attractive, with two sub dials, one indicating the power reserve, the other the subsidiary seconds with the word “Tourbillon” and the serial number discreetly printed within. Only the wearer, and those enlightened connoisseurs would be able to discern exactly which complication resides within.

    Consigned by the family of the original owner and offered in its factory seal with all its original accessories, the present 5101R is a rare opportunity to obtain one of Patek Philippe’s modern masterpieces.

  • 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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Property from the Estate of an Important American Collector

Σ63

Ref. 5101R-001
A factory sealed, technically impressive, and sculptural pink gold tourbillon chronometer wristwatch with 10-day power reserve, and Certificate of Origin

2010
51.5mm length x 30mm width
Case, dial, movement, and buckle signed.

Estimate
$100,000 - 200,000 
CHF99,600-199,000
€95,900-192,000
HK$785,000-1,570,000
S$140,000-279,000

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