Patek Philippe - The Geneva Watch Auction: X Geneva Saturday, November 9, 2019 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1999
    Reference No: 5059
    Movement No: 1'957'580
    Case No: 4'063'104
    Material: 18k pink gold
    Calibre: Automatic, cal. 315 S-QR, 31 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: 18k Patek Philippe Deployant clasp
    Dimensions: 36mm Diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate if Origin, leather wallet and product literature

  • Catalogue Essay

    Reference 5059 exudes a certain old world charm and restrained panache.

    This model was introduced in 1998 and produced for only 8 short years. It replaced the previous reference 5050, the first serially produced perpetual calendar with a retrograde date by Patek Philippe.
    The pink gold case of the present watch is beautifully designed, curvaceous and gentle, the officer style case has a hinged caseback and elongated lugs with screwed pins. Though the case diameter measures 36 millimeters, the shape and size of the lugs, as well as the thickness of the case and its domed bezel, give the 5059 a significant presence on the wrist.

    The references 5050 and 5059 share the sophisticated, self-winding caliber 315 S-QR with its striking 21K gold rotor, based on the caliber 315 SC featuring center seconds. A robust and state-of-the-art in-house movement, it features an intriguing retrograding date complication as part of its perpetual calendar function. At the end of each month, the date hand automatically flies back to its original starting point – a very difficult function to reliably implement in watchmaking.

    A complicated yet easily legible perpetual calendar, the “fifty fifty-nine” is an elegant and versatile watch fit for everyday wear.

  • Artist Biography

    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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Ref. 5059
An attractive and rare pink gold perpetual calendar wristwatch with retrograde date and "officer"-style hinged caseback with certificate of origin

1999
36mm Diameter
Case, dial, movement and buckle signed

Estimate
CHF20,000 - 30,000 
€18,800-28,100
$20,800-31,200

Sold for CHF45,000

Contact Specialist
Alexandre Ghotbi
Head of Watches, Continental Europe and the Middle East
+ 41 79 637 1724
aghotbi@phillips.com

The Geneva Watch Auction: X

Geneva Auction 9-10 November 2019