44
Patek Philippe
Ref. 5020P-016
"TV Screen”
An exquisite and rare cushion-shaped platinum perpetual calendar chronograph wristwatch with moon phases, black dial and diamond-set hour markers, Certificate of Origin, and presentation box
- Estimate
- $150,000 - 300,000
$355,600
Lot Details
- Manufacturer
- Patek Philippe
- Year
- Circa 1997
- Reference No
- 5020P-016
- Movement No
- 3’046’355
- Case No
- 2’956’193
- Model Name
- "TV Screen”
- Material
- Platinum
- Calibre
- Manual, cal. CH 27-70 Q, 24 jewels
- Bracelet/Strap
- Leather
- Clasp/Buckle
- Platinum Patek Philippe deployant clasp
- Dimensions
- 37mm Diameter
- Signed
- Case, dial, movement, and clasp signed.
- Accessories
- Accompanied by Patek Philippe Certificate of Origin, product literature, leather folio, setting pin, fitted presentation box, and outer box.
Full-Cataloguing
Catalogue Essay
Introduced in 1994, and manufactured for approximately 8 years, Patek Philippe's reference 5020, affectionately dubbed the "TV Screen" for its distinctive cushion shape, provided an alternative to the reference 3970. Despite sharing identical complications and mechanical components, such as the perpetual calendar with leap year indication, 24-hour indicator, and chronograph function, the reference 5020 boasted its own unique style and allure.
Its unconventional case design received a tepid response from customers, resulting in exceedingly low production figures. It is estimated that approximately 200 units of the reference 5020 were manufactured, spanning variations in yellow, pink, or white gold, as well as platinum. The platinum variants were offered with either a silver dial featuring Breguet numerals or a black dial adorned with diamond markers. Furthermore, the platinum version is exceptionally scarce as only 4 models featuring a silver dial and Breguet numerals, and only 3 examples featuring a black dial and diamond markers, like the present example, are known to exist to date.
Its unconventional case design received a tepid response from customers, resulting in exceedingly low production figures. It is estimated that approximately 200 units of the reference 5020 were manufactured, spanning variations in yellow, pink, or white gold, as well as platinum. The platinum variants were offered with either a silver dial featuring Breguet numerals or a black dial adorned with diamond markers. Furthermore, the platinum version is exceptionally scarce as only 4 models featuring a silver dial and Breguet numerals, and only 3 examples featuring a black dial and diamond markers, like the present example, are known to exist to date.
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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