Patek Philippe - The New York Watch Auction: NINE New York Saturday, December 9, 2023 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2010
    Reference No: 5004G-015
    Movement No: 3’275’271
    Case No: 4’499’029
    Material: 18K white gold
    Calibre: Manual, cal. CH 27-70Q, 28 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe buckle
    Dimensions: 36mm Diameter
    Signed: Case, dial, movement, and buckle signed
    Accessories: Accompanied by a Patek Philippe Certificate of Authenticity dated September 3, 2010, wooden presentation box, additional solid case back, hang tag, setting pin, leather portfolio with images, product literature and outer packaging.

  • Catalogue Essay

    One of the great classics of modern Patek Philippe history, the reference 5004 was produced between 1994 and 2010. It is the first Patek Philippe serially produced perpetual calendar chronograph wristwatch with split-seconds. Together with the reference 5070 and 5970, it is the last Patek Philippe model to employ the “Nouvelle Lemania”-based caliber. The aesthetics of the watch are based on the reference 3970, with subtle differences: the vast majority of dials feature large Arabic numerals instead of baton markers most often found on the ref. 3970; the case is thicker and 0.8 mm wider as a result of the split-seconds complication, granting it a more substantial wrist presence.

    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 for 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.

    The present fresh-to-market reference 5004 in white gold is offered by the original owner and accompanied with all its original accessories as delivered by the factory. Further enhancing the present lot’s desirability, this ref. 5004G-015 is only the ninth example fitted with the black baton dial configuration to appear on the public market. Widely thought of as one of the most desirable contemporary references by Patek Philippe, the combination of the subtle luster of white gold, rarity, and completeness make this an exceptional acquisition for the discerning collector.

    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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Σ77

Ref. 5004G-015
An extremely rare, and desirable perpetual calendar split-seconds chronograph wristwatch with black dial, Certificate of Authenticity, moon phase, additional solid caseback and presentation box

Circa 2010
36mm Diameter
Case, dial, movement, and buckle signed

Estimate
$150,000 - 300,000 
CHF133,000-266,000
€137,000-275,000
HK$1,170,000-2,340,000
S$202,000-403,000

Sold for $355,600

Contact Specialist

Paul Boutros
Deputy Chairman and 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: NINE

New York Auction 9 - 10 December 2023