Live Auction 3269Important Watches
PATEK PHILIPPE. A VERY FINE AND RARE 18K PINK GOLD CUSHION-SHAPED PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON PHASES, 24 HOUR AND LEAP YEAR INDICATION, BREGUET NUMERALS, ORIGINAL CERTIFICATE AND ADDITIONAL CASE BACK
Lot 2509

PATEK PHILIPPE. A VERY FINE AND RARE 18K PINK GOLD CUSHION-SHAPED PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON PHASES, 24 HOUR AND LEAP YEAR INDICATION, BREGUET NUMERALS, ORIGINAL CERTIFICATE AND ADDITIONAL CASE BACK

SIGNED PATEK PHILIPPE, GENEVE, REF. 5020, MOVEMENT NO. 3'045'041, CASE NO. 2'956'223, CIRCA 1995

Closed27 November 2013

Price Realised

HKD 1,840,000

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PATEK PHILIPPE. A VERY FINE AND RARE 18K PINK GOLD CUSHION-SHAPED PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON PHASES, 24 HOUR AND LEAP YEAR INDICATION, BREGUET NUMERALS, ORIGINAL CERTIFICATE AND ADDITIONAL CASE BACK
SIGNED PATEK PHILIPPE, GENEVE, REF. 5020, MOVEMENT NO. 3'045'041, CASE NO. 2'956'223, CIRCA 1995
Cal. CH 27-70 Q mechanical lever movement stamped with the Geneva seal, 24 jewels, silvered matte dial, applied pink gold Breguet numerals, two apertures for date and month, three subsidiary dials for constant seconds combined with 12 hour register, 30 minute register combined with leap year indication and moon phases combined with date, cushion-shaped case, glazed display snap on back, two round chronograph buttons in the band, 18k pink gold Patek Philippe deployant clasp, case, dial and movement signed
37 mm. wide

Specialist note

US$178,000-280,000

With Patek Philippe Certificate of Origin dated March 1995, additional case back, product literature, instruction manual and leather wallet.

Fresh to the market, the present example offered here at Christie's impresses by its excellent overall condition.

According to our research, this watch is one of only 9 examples to have come up for auction thus far.

Thanks to its generous case proportions, reference 5020 is easily distinguishable from other Patek Philippe wristwatches and takes a unique position in the production of perpetual calendar chronographs. Adding to its rarity, the case of this present lot was made by the renowned case maker Jean-Pierre Hagmann, whose mark, JHP, is stamped on the inside of the case back.

Reference 5020 was in production from 1994 to 2002 and manufactured in all metals except stainless steel.

The model is illustrated in Patek Philippe Wristwatches by Martin Huber & Alan Banbery, second edition, p. 309.