Patek Philippe - The New York Watch Auction: SEVEN New York Saturday, December 10, 2022 | Phillips

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  • Condition Report

  • Description

    View our Conditions of Sale.

  • Manufacturer: Patek Philippe
    Year: Circa 2014
    Reference No: 5059R-018
    Movement No: 5’713’998
    Case No: 4’358’301
    Material: 18K pink gold
    Calibre: Automatic, cal. 324, 30 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: 18K pink gold Patek Philippe deployant clasp
    Dimensions: 36mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Genève September 30, 2014, fitted wooden presentation box, hang tag, 18K pink gold setting pin, leather folio with photograph, product literature and outer packaging.

  • Catalogue Essay

    Introduced in 1998, the reference 5059 is a companion timepiece to the reference 5050 released in 1993, and was the brand’s first serially produced perpetual calendar watch with retrograde date. Both models featured the sophisticated, self-winding caliber 315 S-QR with a striking 21K gold rotor, based on the caliber 315 SC featuring center seconds. A robust and state-of-the-art in-house movement, it features an intriguing retrograding date complication as part of its perpetual calendar function. At the end of each month, the date hand automatically flies back to its original starting point – a very difficult function to reliably implement in watchmaking.
    The pink gold case of the present watch is beautifully designed, curvaceous and gentle, based on the iconic officer style case with hinged caseback and elongated lugs and screwed pins.

    It is the stunning brown dial with special luminous monogram dial with Breguet numerals that draws awe from collectors. The present reference 5059 is a possibly unique example and the only one known to feature a lovely brown, luminous dial with Breguet numerals. Another rare and important detail on the dial is the subtle monogram, ‘MSO’, presented at 6 o’clock. To be granted one’s monogram to be printed on the dial, the collector’s importance to the brand was truly significant.

    Patek Philippe’s perpetual calendar wristwatches are cherished by collectors both for their innovative movements and timeless designs. The present, possibly unique example is in outstanding overall condition, and complete with its Certificate of Origin and presentation box. Elegant and versatile, this exceptional and rare perpetual calendar is certain to delight.

  • 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.

    View More Works

124

Ref. 5059R-018
A possibly unique and important pink gold perpetual calendar wristwatch with special brown luminous monogram dial with Breguet numerals, moon phase, and leap year indication, with “officer”-style hinged caseback, Certificate of Origin, hang tag, setting pin and presentation box

Circa 2014
36mm Diameter
Case, dial, movement and clasp signed

Estimate
$50,000 - 100,000 
CHF47,600-95,100
€48,200-96,400
HK$391,000-782,000
S$68,600-137,000

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: SEVEN

New York Auction 10 - 11 December 2022