Patek Philippe - The Hong Kong Watch Auction: XIV Hong Kong Friday, May 27, 2022 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2005
    Reference No: 5101P
    Movement No: 3’361’185
    Case No: 4’332’027
    Material: Platinum
    Calibre: Manual, cal. TO 28-20 REC 10J PS, 29 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe pin buckle
    Dimensions: 51.5mm length
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Betteridge United Kingdom dated 13th Decemeber 2005, instruction manual, product literature, Contrôle Officiel Suisse des Chronomètres, portfolio, key, fitted presentation box and outer packaging.

  • Catalogue Essay

    First launched in 2003, reference 5101 features a large yet elegant stepped platinum case reminiscent of art deco aesthetics. At the time of introduction, the subtle tourbillon design was incredibly unusual compared to its contemporaries. In accordance with Patek Philippe’s design philosophy of aesthetic restraint and discretion, the model at first glance appears to be a time-only wristwatch. However, upon further inspection, the tourbillon carriage, visible through the case back, subtly rotates on its axis.

    Reference 5101 is fitted with two complications that are very difficult to build within the confines of a rectangular movement and case, due to the lack of space. The movement features two tandem mainspring barrels with 240 hours of energy storage capacity, along with a tourbillon precision that comprises 72 individual components. The platinum example was replaced in 2009 with the release of the pink gold variant. Preserved in an attractive condition fitted with a classic salmon dial featuring masculine touch of blackened Breguet numerals, the present timepiece is offered with its Certificate of Origin and all its original accessories.

  • 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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1055

Ref. 5101P
A extremely fine and rare platinum rectangular-shaped tourbillon chronometer wristwatch with 10-days power reserve indication, Breguet numerals, Certificate of Origin and presentation box

Circa 2005
51.5mm length
Case, dial, movement and buckle signed

Estimate
HK$900,000 - 1,700,000 
€115,000-217,000
$115,000-218,000

Sold for HK$1,323,000

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