Patek Philippe - The Hong Kong Watch Auction: XIV Hong Kong Friday, May 27, 2022 | Phillips
  • Manufacturer: Patek Philippe
    Year: 2008
    Reference No: 5960P-001
    Movement No: 3'503'522
    Case No: 4'430'776
    Model Name: Annual Calendar Chronograph
    Material: Platinum
    Calibre: Automatic, cal. 280-520, 40 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 40.5mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Abate San Remo dated 25th December 2008, setting pin, leather folio, product literature fitted presentation box and outer packaging. Further delivered with Patek Philippe Extract from the Archives confirming the date of manufacture of the present timepiece in 2008 and its subsequent date of sale on 28th August 2008.

  • Catalogue Essay

    The annual calendar flyback chronograph ref. 5960 is without a doubt a landmark model for Patek Philippe. Launched in 2006 alongside the Nautilus version (5980), it incarnates the first time Patek Philippe release a chronograph in conjunction with a non-perpetual calendar. Furthermore, this represents the first chronographic movement fully designed and produced in-house by the manufacturer (which at that time was still using Lemania ébauches for most of its production).

    The novelty of the movement is fully reflected in the looks of the piece. The dial is dominated by what collectors lovingly call the “bull’s eye”, the chronographic subdial at 6 o’ clock incorporating both the minutes and the hours counters. This is the first time a 12 hours counter - or actually any hour counter - is incorporated in a Patek Philippe serially produced timepiece. The aesthetic impact imparted to the piece by this detail is momentous, managing to merge a sporty appeal with a distinguished and elegant look, also thanks to the timeless proportions of the Calatrava-inspired 40mm case.

    The first series of the reference - represented by the present watch - was in production until 2013. In 2009 the platinum version also appeared with a steel/blue dial (and a pink gold version was released). Adding to the allure of the watch, this piece features the historical Geneva Seal on the movement. As in 2009 Patek Philippe introduced their own seal, only examples from the early years of production bear the Geneva seal.

    Offered in excellent overall condition and complete with its full set of accessories, this early example from 2008 will surely go down as one of the milestone pieces in the lineage of the firm.

  • 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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Σ1052

Ref. 5960P-001
A rare and sporty platinum annual calendar chronograph wristwatch with grey dial, power reserve indication, day and night indication, Certificate of Origin and presentation box

2008
40.5mm Diameter
Case, dial, movement and clasp signed

Estimate
HK$235,000 - 390,000 
€29,900-49,700
$30,100-50,000

Sold for HK$428,400

Contact Specialist

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

The Hong Kong Watch Auction: XIV

Hong Kong Auction 27 - 28 May 2022