Patek Philippe - The Geneva Watch Auction: XV Geneva Saturday, May 7, 2022 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1997
    Reference No: 5004P
    Movement No: 879'663
    Case No: 4'034'169
    Material: Platinum
    Calibre: Manual, cal. 27-70, 28 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: Platinum Patek Philippe buckle
    Dimensions: 36mm Diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe dated January 31, 1998, additional case back, service tag, product literature and slip case. Further accompanied by Patek Philippe Extract from the Archives confirming production of the present watch with opaline white dial in 1997 and its subsequent sale on January 21, 1998.

  • Catalogue Essay

    First introduced in 1994, reference 5004 is distinguished by its complex perpetual calendar function with a split seconds complication. Widely considered one of Patek Philippe's most iconic models, it was replaced by reference 5204, which features an in-house movement. An application piece, it was at the time incredibly difficult to be granted the privilege of purchasing one: the intricacy of the split second module added to the already complex perpetual calendar chronograph and the enormously high finishing standard of the company commanded an incredibly slow production rate.

    While the model was cased in a variety of metals, platinum examples are incredibly rare. In addition, this dial is confirmed by the Certificate of Origin, adding another element of collectibility.

    This watch is complete with its Patek Philippe Certificate of Origin dated January 31, 1998, additional numbered case back, leather portfolio, numbered slip case and wallet.

  • 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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Σ200

Ref. 5004P
An extremely fine and exceedingly rare platinum perpetual calendar split seconds chronograph wristwatch with moon phases, 24 hours, leap year indicator, original certificate, additional caseback and slip case

1997
36mm Diameter
Case, dial, movement and buckle signed

Estimate
CHF140,000 - 280,000 
€138,000-275,000
$149,000-297,000

Sold for CHF453,600

Contact Specialist

Alexandre Ghotbi
Head of Watches, Continental Europe and the Middle East

+41 22 317 81 81
AGhotbi@phillips.com

Tiffany To
Head of Sale, Geneva

+41 22 317 96 63
TiffanyTo@phillips.com

The Geneva Watch Auction: XV

Geneva Auction 7 - 8 May 2022