Patek Philippe - Geneva Watch Auction: TWO Geneva Saturday, November 7, 2015 | Phillips
  • Manufacturer: Patek Philippe
    Year: 2004
    Reference No: 5059P
    Movement No: 3'236'560
    Case No: 4'259'649
    Material: Platinum
    Calibre: Automatic, cal. 315 S QR, 31 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 36mm. Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: With leather wallet, presentation box with self-winding device and instructions booklet. Further accompanied by a Patek Philippe Certificate of Origin and an Extract from the Archives confirming production of the present watch in 2004 and its subsequent sale on July 13, 2004

  • Catalogue Essay

    Reference 5059 was first introduced to the market in 1998 and was discontinued in 2006. Manufactured in all four metals, the reference 5059 is recognizable for its officer-style case with hinged case back and screwed lug pins.

    The reference is a perpetual calendar, with retrograde date, day, month and moon phases. The most intriguing of these complications is the retrograde date. Usually the hands for calendar watches continue to move and naturally return to their point of origin, however the retrograde complication forces the hand to fly back to its original starting point, a very difficult construction to accomplish in watchmaking.

    Patek Philippe now offers an updated version of this reference known as reference 5159, which was introduced in 2007 and is still in production today. This reference has a slightly larger case than the 5059 and an engine-turned dial. The present example is in remarkable condition, and still retains the factory service sticker on the caseback.

  • 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. 5059P
A very fine and rare platinum perpetual calendar wristwatch with retrograde date and officer-style hinged caseback

2004
36mm. Diameter
Case, dial, movement and clasp signed

Estimate
CHF38,000 - 60,000 

Sold for CHF43,750

Contact Specialist
Nathalie Monbaron
+41 22 317 81 83

Geneva Watch Auction: TWO

Geneva Auction 7 & 8 November 2015 6:30pm