Patek Philippe - The Hong Kong Watch Auction: TWO Hong Kong Monday, May 30, 2016 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2007
    Reference No: 5959
    Movement No: 3'637'091
    Case No: 4'353'695
    Material: Platinum
    Calibre: Mechanical, CHR 27-525 PS, 27 jewels
    Bracelet/Strap: Black Patek Philippe crocodile leather strap
    Clasp/Buckle: Platinum Patek Philippe Campaign buckle stamped PPC
    Dimensions: 33 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin dated 7 August 2007, product literature, instruction manual, portfolio photograph of the present watch, sales tag, leather wallet, leather portfolio, fitted presentation box and outer packaging.

  • Catalogue Essay

    Launched in 2005, reference 5959 was made in tribute to Patek Philippe’s complicated wristwatches produced in the late 1920s. The reference was produced in platinum only and houses the company’s first entirely in-house chronograph movement.

    The present reference 5959 is from the first series and was manufactured in 2007. The watch is fitted with a white dial and finished with black Breguet numerals, which gives the ultimate look of elegant sophistication. The platinum Officer case, combined with the split seconds chronograph mechanism, applies a level of refinement to the watch. Although the reference is still in current production, the watch is already today considered a classic and has an increasing demand and popularity amongst collectors.

    Completed with all accessories, still sealed and never been used before, the present watch is fresh to the market.

  • 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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Property From an International Collector

Σ144

Ref. 5959
A very fine and very rare platinum split seconds chronograph wristwatch with original certificate and presentation box, factory sealed

Circa 2007
33 mm. diameter
Case, dial and movement signed

Estimate
HK$1,500,000 - 2,000,000 

Sold for HK$1,720,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001
thomasperazzi@phillips.com

Ziyong Ho
Specialist
+852 9386 2032
ziyongho@phillips.com

Jill Chen
Specialist
+852 2318 2033
jillchen@phillips.com

The Hong Kong Watch Auction: TWO

Hong Kong Auction 31 May 2016