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

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  • Manufacturer: Patek Philippe
    Year: Circa 2012
    Reference No: 5270G-001
    Movement No: 5’635’969
    Case No: 4’555’358
    Material: 18K white gold
    Calibre: Manual, cal. CH 29-535 PS Q, 33 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 41mm Diameter
    Signed: Case, dial, movement and clasp signed.
    Accessories: Accompanied by Patek Philippe Certificate of Origin, fitted wooden presentation box, additional hard back, leather wallet, hang tag, and setting pin.

  • Catalogue Essay

    Patek Philippe is appreciated by collectors for their traditional horological past and masterful craftsmanship and design aesthetic. One of their most valued complicated watches is their iconic line of serially produced perpetual calendar chronograph wristwatches. Its roots date back to 1941 with the creation of the reference 1518, followed by the 2499, the 3970, and the 5970 which marked the end of the era of Patek Philippe’s use of outsourced – and superbly modified - movements for the base chronograph calibers.

    In 2011 Patek Philippe introduced the ground-breaking successor reference 5270, which was the brand’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: like the present model, 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 classic white with a tachymeter scale, which 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 only available in platinum.

    This first-series reference 5270G is fresh-to-the-market offered by the original owner. The watch is accompanied with its original Certificate of Origin, presentation box, additional solid caseback, product literature, and original packaging. The watch is in excellent overall condition, and a superb example of the earliest iteration of this milestone reference.

    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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Σ142

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

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

Estimate
$70,000 - 140,000 
CHF66,600-133,000
€67,500-135,000
HK$548,000-1,100,000
S$96,000-192,000

Sold for $113,400

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: SEVEN

New York Auction 10 - 11 December 2022