Patek Philippe - The New York Watch Auction: XI New York Saturday, December 7, 2024 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2012
    Reference No: 5951P-001
    Movement No: 5’521’157
    Case No: 4’551’198
    Material: Platinum
    Calibre: Manual, cal. CHR 27-525 PS Q, 27 jewels, stamped with the Patek Philippe Seal
    Bracelet/Strap: Leather
    Clasp/Buckle: Platinum Patek Philippe pin buckle
    Dimensions: 37mm Length and 37mm Width
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by a Patek Philippe Certificate of Origin, fitted wooden presentation box, additional solid case back, setting pin, hang tag, leather folio, leather envelope, product literature, box key, original numbered Patek Philippe box, and outer packaging.

  • Catalogue Essay

    The reference 5951 is one of the most intriguing modern creations of Patek Philippe. It was produced in three different series, starting with the present example, indeed a representative of the first series - defined by its black dial with red chronograph hands. A highly sporty design - not only due to the red hands, but also to the contrasting counters and chapter ring - it is very far from the usual super complicated Patek Philippe dress watch, while at the same time being one of the most advanced timepieces made by the brand. It in fact employs what is the thinnest split seconds chronograph ever created by the company – also used for sister reference 5950. The caliber was then upgraded with a perpetual calendar module complete with moon phase, leap year, and day/night indication – all presented elegantly and subtly included in the lower part of the dial.

    The case design as well is highly charismatic, Patek Philippe having opted for a retro choice: a cushion-shape design harkening back to the 1920s/1930s, possibly inspired by a unique 1928 single-button white gold Patek Philippe chronograph (no. 198’207). Combined with the red-accented, modernist dial of the first series, such a vintage case architecture renders the piece an absolutely striking example of retro-futuristic design.

    The present example is offered for the first time at auction by the original owner, preserved in immaculate, hardly worn condition and accompanied by its full suite of accessories. It is a model that is a shining example of haute horologerie.

    PROPERTY OF 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.

    View More Works

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Ref. 5951P-001
An exceptional, very rare, and highly complicated platinum cushion-shaped single button split seconds chronograph wristwatch with perpetual calendar, moon phase, day/night indication, Certificate of Origin, additional solid case back, hang tag, and presentation box

Circa 2012
37mm Length and 37mm Width
Case, dial, movement and buckle signed

Estimate
$220,000 - 440,000 
CHF193,000-387,000
€206,000-412,000
HK$1,710,000-3,420,000

Sold for $355,600

Contact Specialist

Paul Boutros
Deputy Chairman, Watches, 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: XI

New York Auction 7 - 8 December 2024