Patek Philippe - The Hong Kong Watch Auction: XVI Hong Kong Wednesday, May 24, 2023 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2018
    Reference No: 5960/1A-010
    Movement No: 7’042’421
    Case No: 4’654’837
    Material: Stainless steel
    Calibre: Automatic, CH 28-520 IRM QA 24H, 40 jewels
    Bracelet/Strap: Stainless steel Patek Philippe bracelet, max length 200mm
    Clasp/Buckle: Stainless steel Patek Philippe deployant clasp
    Dimensions: 40.5mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped The Hour Glass (HK) Limited dated 14th December 2018, instruction manual, product literature, setting pin, hang tag, leather folio, purchase invoice, fitted presentation box and outer packaging.

  • Catalogue Essay

    No longer in production, the Patek Philippe ref. 5960 was first launched in 2006 as the firm’s exciting inaugural attempt to deliver a fully in-house self-winding chronograph. On top of that, the Swiss manufacturer surprised collectors by merging an annual calendar function into the already complicated timepiece, resulting in a watch that nobody expected, but everyone desperately needed. Originally launched as a grey-dialled platinum sports watch, the reference was released in a few other precious metals such as pink and white gold. In 2014, the firm released a stainless steel variant offering the firm’s signature rice bead bracelet fitted with a warm white dial with strong black accents, giving the reference a refreshed contemporary appeal.

    Framed in a stainless steel case, the black-dialled ref. 5690/1A-010 is among the most coveted models that unveiled in 2017, thanks to its short-lived one-year production and modern athletic aesthetic. With an irresistible design boasting distinct Patek Philippe proportions, the dial is highly legible as it optimizes a “bull’s eye” register that unifies the three traditionally separated calendar counters into one fan-shaped formation. Fusing form and function, the watch is complete with a power reserve indicator above the firm’s signature and a chronograph sub-dial with day/night indication.

    The sapphire caseback invites the wearer to admire the Patek Philippe in-house calibre CH 28-520 IRM QA 24H. Assembled by 456 different components, this is a compact and competent movement, tailored to seamlessly power the Annual Calendar Chronograph watch.

    Pivoting away from iconic dress watches, the ultra-sporty stainless steel. 5690/1A-010 is a progressive Patek Philippe example, born ready for action. Fresh-to-the-market and offered by the original owner, the present lot is previously unknown and is the 7th example to appear at auction. Presented in excellent overall condition and accompanied by 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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Property from the Original Owner

935

Ref. 5960/1A-010
A rare and fine stainless steel annual calendar flyback chronograph wristwatch with power reserve, day and night indication, bracelet, Certificate of Origin and presentation box

Circa 2018
40.5mm diameter
Case, dial, movement, bracelet and clasp signed

Estimate
HK$350,000 - 630,000 
€40,400-72,800
$44,900-80,800

Sold for HK$635,000

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