Patek Philippe - The Hong Kong Watch Auction: XVIII Hong Kong Friday, May 24, 2024 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2018
    Reference No: 5960/1A-010
    Movement No: 7’099’842
    Case No: 6’073’730
    Material: Stainless steel
    Calibre: Automatic, CH 28-520 IRM QA 24H, 40 jewels
    Bracelet/Strap: Stainless steel Patek Philippe bracelet, max length 190mm
    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 Eldorado Watch Co. Ltd., Hong Kong and dated 6th September 2018, three additional links, setting pin, hang tag, instruction manual, product literature, fitted presentation box and outer packaging.

  • Catalogue Essay

    The Patek Philippe reference 5960 was introduced in 2006 as the first model that features the combination of the firm’s inaugural in-house self-winding chronograph and the annual calendar complication. Originally launched as a platinum sports watch with a grey dial, the reference was later released in a few variants with 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. The present reference 5690/1A-010 with black dial was unveiled in 2017, and it is among the most coveted models that was only produced for a year.

    The irresistible dial design of the reference 5960 accentuates the sports chic look of the timepiece, the calendar windows are set against the upper rim of the dial between 10 to 2 o’clock, displaying day of the week, date and month, unifying the three traditionally separated calendar counters into one fan-shaped formation. The black discs for the calendar display are a pleasing touch that allows that the apertures to sink nicely into the ebony black base. Fusing form and function, the watch features a power reserve indicator above the firm’s signature and the beautifully designed chronograph mono-subdial counters, with day and night indication, on the bottom half of the dial.

    Flip the watch over and one is invited to admire the in-house automatic calibre CH 28-520 IRM QA 24H in action through the sapphire caseback. It is a flyback column-wheel chronograph movement fitted with a unidirectional 21K gold rotor, delivering a frequency of 28,800 semi-oscillations per hour. It boasts a remarkable technical innovation which enables the clamps to act on a disk clutch that transmits or interrupts the power between the fourth wheel and the chronograph hand, thus making it possible to use the chronograph hand as a continuously running seconds hand without affecting the watch’s accuracy. For this reason, the subsidiary seconds dial traditionally found on the classic Patek Philippe column-wheel chronographs is not needed.

    The present example appears to be fresh-to-the-market. Presented in exceptional overall condition, and offered with its full set of original accessories by the original owner, the present lot is the perfect addition to the collection of any modern connoisseur.

  • 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

815

Ref. 5960/1A-010
A fine and rare 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$310,000 - 620,000 
€37,200-74,300
$39,700-79,500

Sold for HK$508,000

Contact Specialist

Thomas Perazzi
Deputy Chairman, Watches, Head of Watches, Asia
+852 2318 2031
WatchesHK@phillips.com
 

Gertrude Wong
Head of Sale, Hong Kong
+ 852 2318 2045
gertrudewong@phillips.com
 

The Hong Kong Watch Auction: XVIII

Hong Kong Auction 24 - 25 May 2024