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Patek Philippe

Ref. 5959

An exceptional and attractive platinum split-seconds chronograph wristwatch with white lacquered dial, Breguet numerals and Certificate of Origin

Estimate
$150,000 - 300,000
$254,000
Lot Details
Manufacturer
Patek Philippe
Year
Circa 2007
Reference No
5959
Movement No
3’637’054
Case No
4’446’914
Material
Platinum
Calibre
Manual, cal. CHR 27-525 PS, 27 jewels
Bracelet/Strap
Crocodile
Clasp/Buckle
Platinum Patek Philippe buckle
Dimensions
33mm Diameter
Signed
Case, dial, movement and buckle signed
Accessories
Accompanied by Patek Philippe Certificate of Origin, leather folio with glossy photograph, and product literature.
Catalogue Essay
Patek Phillippe has long been cherished by collectors for mechanical craftsmanship. Their long line of complicated timepieces from pocket watches to wristwatches is the history of some of the most iconic watches known today. The brand has long been known for their important chronograph calibers, and their first-known split-seconds chronograph wristwatch dates to the 1920s. Considered one of the most complicated mechanisms, the split-second chronograph measures two time intervals at once, meaning individual lap times can be recorded with the split-seconds hand.

Patek Philippe introduced the reference 5959 in 2005 as an homage to early chronographs manufactured by the firm. As the brand’s very first in-house split-seconds chronograph, the caliber CHR 27-525 PS extra flat column wheel movement was truly ground-breaking, with a mere 5.25mm thickness - a new world record.

Produced in platinum with two dial variants, black and white, the present example with a white lacquered dial and painted black Breguet numerals is a jaw-dropping specimen boasting a beautiful, officier-style case. Discontinued in 2018, it is estimated there were approximately 50 examples produced with the present, ‘001’ dial. Accompanied by the Certificate of Origin and folio, this reference 5959P is a must-have for collectors of fine and important chronograph timepieces.

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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