Live Auction 3469Important Watches
PATEK PHILIPPE. A FINE AND VERY RARE 18K GOLD CUSHION-SHAPED PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON PHASES, 24 HOUR AND LEAP YEAR INDICATION, ORIGINAL CERTIFICATE, BOX AND ADDITIONAL CASE BACK
Lot 2457

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

SIGNED PATEK PHILIPPE, GENEVE, REF. 5020, MOVEMENT NO. 3'046'340, CASE NO. 2'956'061, MANUFACTURED IN 2002

Closed30 November 2015

Price Realised

HKD 1,480,000

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PATEK PHILIPPE. A FINE AND VERY RARE 18K GOLD CUSHION-SHAPED PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON PHASES, 24 HOUR AND LEAP YEAR INDICATION, ORIGINAL CERTIFICATE, BOX AND ADDITIONAL CASE BACK
SIGNED PATEK PHILIPPE, GENEVE, REF. 5020, MOVEMENT NO. 3'046'340, CASE NO. 2'956'061, MANUFACTURED IN 2002
Cal. CH 27-70 Q mechanical movement stamped with the Geneva seal, 24 jewels, opaline-white dial, applied gold Breguet numerals, two apertures for day and month, three subsidiary dials for constant seconds combined with 24 hour indication, 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 gold Patek Philippe deployant clasp, case, dial and movement signed
37 mm. wide

Specialist note

With Patek Philippe undated Certificate of Origin, additional case back, setting pin, instruction manual, leather wallet, fitted presentation box and outer packaging. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present watch with opaline-white dial and 9 Breguet numerals in yellow gold in 2002 and its subsequent sale on 12 February 2002.

Fresh to the market, the present sought-after example offered here at Christie's impresses by its excellent overall condition. According to our research, this collector's watch is one of only 10 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. Reference 5020 was in production from 1994 to 2002 and manufactured in all metals except stainless steel.