Patek Philippe - The Hong Kong Watch Auction: XVI Hong Kong Wednesday, May 24, 2023 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2009
    Reference No: 5960P-001
    Movement No: 3'504'531
    Case No: 4'472'241
    Material: Platinum
    Calibre: Automatic, cal. CH 28-520 IRM QA 24H, 40 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 40.5 diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Nine-Two Smoking Watch Co. Ltd., and dated 7th October 2009, original purchase invoice, instruction manual, product literature, leather folio, setting pin, fitted presentation box and outer packaging.

  • Catalogue Essay

    Launched in 2006, the Patek Philippe ref. 5960 annual calendar flyback chronograph is another milestone model for the firm. Alongside the Nautilus ref. 5980, this reference marked the first time Patek Philippe incorporated a chronograph function into a non-perpetual calendar model. At the time, most of the manufacturer’s production was fitted with Lemania ébauches, but the ref. 5960 represents the inaugural chronograph movement that was entirely designed and assembled in-house.

    The novelty of the movement is fully reflected in the aesthetics of the dial on this model. Primarily dominated by the “bull’s eye”, the chronographic subdial is positioned at 6 o’clock, merging the minutes and hours registers into one. This is the first time a 12-hour counter, or any hour counter, is incorporated into a Patek Philippe serially produced timepiece. In addition to the timeless proportions of the Calatrava-inspired 40mm case, the result is a sporty appeal with a distinguished and elegant look.

    Fresh-to-the-market and single factory sealed, this early example from 2009 is fresh to the market, and it is 153rd example to be identified in platinum with 5960P-001 slate dial to have resurfaced. Complete with its full set of accessories, and will potentially become one of the most coveted luxury sports models in watch collecting, rivalling the Nautilus.

  • 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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Σ854

Ref. 5960P-001
A rare and sporty “new-old-stock" platinum annual calendar flyback chronograph wristwatch with grey dial, power reserve indication, day and night indication, Certificate of Origin and presentation box, single factory sealed

Circa 2009
40.5 diameter
Case, dial, movement and clasp signed

Estimate
HK$230,000 - 470,000 
€26,900-54,900
$29,500-60,300

Sold for HK$444,500

Contact Specialist

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

The Hong Kong Watch Auction: XVI

Hong Kong Auction 24 - 25 May 2023