Patek Philippe - The Hong Kong Watch Auction: XVIII Hong Kong Friday, May 24, 2024 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2016
    Reference No: 5271/12P-001
    Movement No: 5’957’992
    Case No: 6’152’960
    Material: Platinum and rubies
    Calibre: Manual, cal. 29-535 PS Q, 33 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum and ruby-set Patek Philippe deployant clasp
    Dimensions: 41mm diameter
    Signed: Case, dial, movement, and clasp signed
    Accessories: Accompanied by Patek Philippe setting pin, additional solid caseback, hang tag, slip case.

  • Catalogue Essay

    This remarkable timepiece epitomizes the best of watchmaking and gem-setting. Encased in platinum, it flaunts 5.3 carats of ruby stones on the bezel, lugs, and clasp. Truly a gem among Patek Philippe's lineage of complications, the ref. 5271/12P-001 debuted in 2014 as part of a rare series featuring emerald, sapphire, diamond, and ruby adornment.

    It was the manufacture's first perpetual calendar chronograph to tout an in-house cal. 29-535 PS Q stamped with the Patek Philippe seal. The black lacquer dial, constructed in twelve meticulous layers, became an icon of the reference. Devoid of the "double chin" at 6 o'clock found on the earlier ref. 5270, the ref. 5271 dial dazzles with applied baguette-cut rubies.

    The pigeon blood red rubies offer vivid contrast against the rich black backdrop. This ruby example ranks among the most covetable and dynamic of the gem-set ref. 5271. The vibrant flair complements the watch's blend of technical prowess and aesthetic mastery.

    Presented in single-sealed condition, this incredibly rare ref. 5271/12P-001 exemplifies Patek Philippe's superior artistry. It merges cutting-edge watchmaking with dazzling jewels and a dial of distinction. For the collector, it is the perfect marriage of innovation, beauty, and exclusivity.

  • 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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Σ851

Ref. 5271/12P-001
An extremely rare and desirable platinum and ruby baguette-set perpetual calendar chronograph wristwatch with moon phases, leap year, day and night indication and additional solid caseback, single-sealed

Circa 2016
41mm diameter
Case, dial, movement, and clasp signed

Estimate
HK$2,000,000 - 3,600,000 
€240,000-432,000
$256,000-462,000

Sold for HK$2,794,000

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