PATEK PHILIPPE. A FINE AND RARE 18K GOLD RECTANGULAR TOURBILLON CHRONOMETER WRISTWATCH WITH 10 DAY POWER RESERVE AND ORIGINAL CERTFICATE, FACTORY SEALED
Lot 2690

PATEK PHILIPPE. A FINE AND RARE 18K GOLD RECTANGULAR TOURBILLON CHRONOMETER WRISTWATCH WITH 10 DAY POWER RESERVE AND ORIGINAL CERTFICATE, FACTORY SEALED

SIGNED PATEK PHILIPPE, GENEVE, REF. 5101, MOVEMENT NO. 5'250'282, CASE NO. 4'580'766, CIRCA 2010

Closed27 November 2013

Price Realised

HKD 1,720,000

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How to sell

PATEK PHILIPPE. A FINE AND RARE 18K GOLD RECTANGULAR TOURBILLON CHRONOMETER WRISTWATCH WITH 10 DAY POWER RESERVE AND ORIGINAL CERTFICATE, FACTORY SEALED
SIGNED PATEK PHILIPPE, GENEVE, REF. 5101, MOVEMENT NO. 5'250'282, CASE NO. 4'580'766, CIRCA 2010
Cal. 28-20 mechanical lever movement stamped with the PP seal, 29 jewels, one minute tourbillon carriage, cream dial, applied gold Breguet numerals, subsidiary dials for constant seconds and 10 day power reserve indicator, rectangular case with triple stepped curved sides, glazed display back secured by four screws, 18k gold Patek Philippe Henri Stern buckle, case, dial and movement signed
38 mm. length

Specialist note

US$190,000-300,000

With Patek Philippe undated Certificate of Origin, Contrôle Officiel Suisse des Chronomètres Watch Rate, sales tag, product literature, instruction manual, leather portfolio and slip case.

This rare example is fresh to the market, still factory sealed and therefore has never been worn, nor taken out of its original packaging.

The present watch, for the first time available at Christie's auction, is the only known example of a reference 5101 in gold to come up at auction to date.

It takes much more than a cursory glance to realise that reference 5101 is a highly complicated wristwatch. In fact it is the first timepiece that combines two complications which are very difficult to accommodate in the confined space of a rectangular movement: two tandem mainspring barrels with 240 hours of energy storage capacity and a tourbillon precision regulator composed of 72 individual parts.

Characteristic for Patek Philippe, hardly any signs on the outside of the piece would reveal the complexity of its inner workings. Understated elegance has always been a hallmark of Patek Philippe but the tourbillon cage is in fact concealed for a very practical reason - the oil used to lubricate the mechanism is sensitive to ultraviolet rays and will decompose when exposed to daylight, thus losing its beneficial tribological properties. Extremely stringent standards are imposed on all Patek Philippe movements and even more so on tourbillon pieces.