Patek Philippe - The Hong Kong Watch Auction: EIGHT Hong Kong Monday, May 27, 2019 | Phillips
  • Manufacturer: Patek Philippe
    Year: 2007
    Reference No: 5002G
    Movement No: 3’350’050
    Case No: 4’377’626
    Material: 18K white gold
    Calibre: Manual, RTO 27 QR SID LU CL, 55 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K white gold Patek Philippe buckle
    Dimensions: 43mm Diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated April 18, 2007, Contrôle Officiel Suisse des Chronomètres rating certificate dated 5 February 2007, wooden fitted presentation box with key, Patek Philippe leather portfolio with product literature, platinum Patek Philippe setting pin, hang tags and outer packaging. Further accompanied by Extract from the Archives confirming production of the present watch in 2007 and its subsequent sale on April 18, 2007

  • Catalogue Essay

    Patek Philippe has had a long and illustrious history producing some of the most recognizable grand complication timepieces of the 20th and 21st centuries. Two of the most legendary watches today are the 1927 James Ward Packard open face pocket watch with ten complications including an equation of time calibrated to Packard’s hometown Warren Ohio along with a celestial chart with 500 stars representing the night view at his home. Not to be out-shone and to compete with his friend, Henry Grave’s requested and received from Patek Philippe what is today arguably the most important timepiece known. Grave’s super complication from 1933 was delivered with 24 complications including a celestial chart fashioned from the night sky at his home in New York City. Taking eight years to complete and comprising of 900 parts, this watch today stands alone from all others as an icon of horology.

    In 1989, Patek Philippe released the Caliber 89 as a celebration of their 150th anniversary. It was considered the most complicated mechanical watch ever made with 33 complications and was a monument to horological skill, tradition and haute horologie. Amongst the additions to complications found on the Packard and Graves watches, Patek Philippe included a split-chronograph, grand and petite sonnerie, second time zone and date calculation for Easter. Only four examples were made, one each in yellow, white and rose gold, as well as platinum, along with a prototype in the Patek Philippe Museum. In 2000 as a celebration for the new millennium, the Star Caliber 2000 was launched, featuring 21 complications, including playing the Westminster chimes in correct sequence as well as a perpetual calendar that synchronized with the equation of time.

    In 2001, Patek Philippe released its new millennium grand complication wristwatch the Sky Moon Tourbillon. This modern masterpiece incorporated innovations from their historic past and inspired by the Star Caliber 2000. Patek Philippe miniaturized the model in to a wristwatch that featured a double dial with cathedral gong minute repeating mechanism and tourbillon. The front facing side displayed the time along with the perpetual calendar with retrograde date hand and age of the moon. The reverse with celestial chart including horizon ellipse, meridian passage of Sirius, age and angular motion of the moon and sidereal time. A new addition was the cathedral minute repeating mechanism. Developed by Patek Philippe using a new steel alloy for extended gongs, the repeat was longer and more harmonious.

    Phillips in association with Bacs and Russo is honored to offer this extremely important wristwatch and note that it is only the second in four years of watch auctions that we have offered this rare reference. Fresh to the market and only the second known white gold version to appear in public it is in exceptional overall condition and offered complete with original certificate of origin and fitted presentation box. Manufactured for important clients, research indicates that more examples in yellow gold and platinum were made, with fewer in pink and white gold. This is a very rare opportunity for a collector to own and cherish a watch that comes from a long and established history.

    百達翡麗在2001年發布了極為重要的腕錶型號「Sky Moon Tourbillon」。這款現代傑作融合了品牌歷史和其創新成果,採用雙錶盤設計,並配有12項複雜功能。本拍件首次現身拍賣市場,且為第二枚出現在公開市場的18K白金型號5002G。據學者研究顯示,型號5002G只會為百達翡麗最重要的客戶製造,在所有金屬款式中以18K玫瑰金和18K白金的數量最少。對於收藏家而言,這是一個非常難得的機會擁有一枚令人讚佩不已的工藝傑作。

  • 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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Σ1066

Ref. 5002G
A highly important, impressive and extremely rare white gold double dialed wristwatch with twelve complications including cathedral minute repetition, tourbillon, perpetual calendar with retrograde date hand, leap year cycle, moon age, angular motion, sidereal time, moonphases and orbit, and sky chart orbit display with certificate of origin, presentation box, setting pin and hang tag

2007
43mm Diameter
Case, dial, movement and buckle signed

Estimate
HK$6,200,000 - 12,400,000 
€699,000-1,400,000
$795,000-1,590,000

Sold for HK$8,550,000

Contact Specialist

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

The Hong Kong Watch Auction: EIGHT

Hong Kong Auction 28 May 2019