Patek Philippe - Phillips Watches Online Auction: The Hong Kong Sessions, Fall 2024 Hong Kong Friday, September 20, 2024 | Phillips
  • Condition Report

  • Manufacturer: Patek Philippe
    Year: 1999
    Reference No: 5059P-001
    Movement No: 1’958’227
    Case No: 4’085’484
    Material: Platinum
    Calibre: Automatic, cal. 315/136, 31 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 36mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied with Patek Philippe setting pin and presentation box. Delivered with Patek Philippe Extract from the Archives confirming production of the present timepiece in 1999, and its subsequent date of sale on 24 February 2000.

  • Catalogue Essay

    - Introduced in 1998, the Patek Philippe ref. 5059 along with ref. 5050 were the only perpetual calendar wristwatches available with center seconds since the ref. 2497 and 2438-1.

    - With a distinct appeal, the 36mm diameter officer-style case with a hinged caseback encases a perfectly symmetrical white lacquered dial with painted black Roman numerals and retrograde date indication.

    - The reference was produced in all four metals with an estimated 1200 – 1400 examples produced until the reference was discontinued in 2006. It is believed that only 300 examples were produced with platinum cases.

    - The references 5050 and 5950 share the sophisticated, self-winding cal. 315 S-QR with its striking 21K gold rotor, based on the cal. 315 SC featuring center seconds only. Its retrograde date stands out among the perpetual functions.

    - Delivered with its Extract from the Archives, the present ref. 5059 in platinum from 1999 is one of the earlier examples of the reference. Offered in excellent overall condition, this is a great opportunity to acquire an understated perpetual calendar wristwatch manufactured by none other than Patek Philippe.

  • 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.

    View More Works

Σ8041

Ref. 5059P-001
A fine and attractive platinum perpetual calendar wristwatch with retrograde dates, center seconds, moon phases, leap year indication, officer-style case and presentation box

1999
36mm diameter
Case, dial, movement and clasp signed

Estimate
HK$170,000 - 320,000 
€19,700-37,000
$21,800-41,000

Please note that once you've placed your bid,
it cannot be cancelled.

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2030
WatchesHK@phillips.com
 

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

Phillips Watches Online Auction: The Hong Kong Sessions, Fall 2024

20 - 27 September 2024