54
Patek Philippe
Ref. 5020R
“TV Screen”
A very rare and attractive pink gold cushion-shaped perpetual calendar chronograph wristwatch with Breguet numerals
- Estimate
- $110,000 - 170,000
$165,100
Lot Details
- Manufacturer
- Patek Philippe
- Year
- 2002
- Reference No
- 5020R
- Movement No
- 3’046’609
- Case No
- 2’994’192
- Model Name
- “TV Screen”
- Material
- 18K pink gold
- Calibre
- Manual, cal. CH27-70Q, 24 jewels
- Bracelet/Strap
- Leather
- Clasp/Buckle
- 18K pink gold Patek Philippe pin buckle
- Dimensions
- 37mm Diameter
- Signed
- Case, dial, movement, and buckle signed
- Accessories
- Accompanied by a Patek Philippe Extract from the Archives confirming production of the present watch with Breguet numerals in 2002 and its subsequent sale on October 9, 2002
Specialist
Full-Cataloguing
Catalogue Essay
The reference 5020 was launched in 1994 and remained in production for a short eight years, making it one of the most sought-after modern Patek Philippe watches. The model, affectionately known by collectors as the “TV Screen” due to its cushion-shape, was an alternative to the popular reference 3970, featuring the same complication, and mechanically identical: perpetual calendar with leap year, 24 hour indicator, and chronograph. The avant-garde design and tasteful proportions set it apart from other perpetual calendar wristwatches offered by the brand at the time.
While today’s collectors seek out this model due to its unusual case design, originally it was not well received by Patek Philippe clients, and research indicates that only approximately 200 examples were produced in yellow, pink, white gold, and platinum. The reference 5020 is highly appreciated by discerning collectors for its use of the Lemania-based caliber CH 27-70Q – the first non-Valjoux chronograph movement used by Patek Philippe. Heavily modified and meticulously hand finished by Patek Philippe, it was one of the finest movements available at the time.
While today’s collectors seek out this model due to its unusual case design, originally it was not well received by Patek Philippe clients, and research indicates that only approximately 200 examples were produced in yellow, pink, white gold, and platinum. The reference 5020 is highly appreciated by discerning collectors for its use of the Lemania-based caliber CH 27-70Q – the first non-Valjoux chronograph movement used by Patek Philippe. Heavily modified and meticulously hand finished by Patek Philippe, it was one of the finest movements available at the time.
Patek Philippe
Swiss | 1839Since 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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