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962

Patek Philippe

Ref. 5004P-001

A highly important, rare and elegant platinum perpetual calendar split-seconds chronograph wristwatch with moon phases, leap year, 24-hour indication, Certificate of Origin, additional solid caseback and presentation box

Estimate
HK$1,200,000 - 2,400,000
€133,000 - 265,000
$154,000 - 308,000
HK$3,048,000
Lot Details
Manufacturer
Patek Philippe
Year
Circa 1998
Reference No
5004P-001
Movement No
879’664
Case No
4’034’174
Material
Platinum
Calibre
Manual, cal. CHR 27-70 Q, 28 jewels
Bracelet/Strap
Leather
Clasp/Buckle
Platinum Patek Philippe deployant clasp
Dimensions
36mm diameter
Signed
Case, dial, movement and clasp signed
Accessories
Accompanied by Patek Philippe Certificate of Origin stamped Watches of Switzerland, additional platinum solid caseback, product literature, leather folio and fitted presentation box.
Catalogue Essay
The reference 5004 was introduced in 1994, combining a split-seconds chronograph module with a perpetual calendar, enabling simultaneous timing. It was also the first serially produced Patek Philippe perpetual calendar to integrate this complication.

Powered by a Lemania-based caliber, which can be viewed through the sapphire crystal caseback, the reference was crafted in various metals—including pink gold, yellow gold, white gold, platinum, and stainless steel—over its 16-year production span from 1994 to 2010.

With a refined diameter of 36mm, the watch perfectly balances size and aesthetics, sharing design cues with references 3970, 2499, and 1518. Its stepped case is slightly thicker and larger than its predecessors, accommodating the split-seconds complication and giving it a contemporary presence on the wrist. Featuring an oversized crown at the 3 o’clock position and a subtle silvered dial with applied Arabic numerals, this platinum example embodies a harmonious blend of simplicity, modern design, and traditional craftsmanship—a combination that makes it one of the most sought-after and versatile wristwatches.

We previously had the honor of offering another example just one movement number (879'663) away from this one in The Geneva Watch Auction: XV in 2022. But this fresh-to-the-market 5004P-001 example is offered with its original Certificate of Origin, an additional solid platinum caseback and presentation box. It is preserved in excellent condition and with the reference gaining significant traction in the auction scene, it has become one of the grails for Patek Philippe collectors looking to acquire a gem for their collection.

Patek Philippe

Swiss | 1839
Since 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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