Patek Philippe - STYLED. Timeless Watches & How to Wear Them New York Wednesday, December 5, 2018 | Phillips
  • Manufacturer: Patek Philippe
    Year: 1999
    Reference No: 5059G-015
    Movement No: 1’958’000
    Case No: 4’066’560
    Material: 18K white gold
    Calibre: Automatic, cal. 315 S-QR, 31 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 36mm Diameter
    Signed: Case, dial, movement, and buckle signed.
    Accessories: Accompanied by Patek Philippe Certificate of Origin confirming its sale by Bartorelli Gioielli in Fabriano, Italy on December 18th, 1999, product literature, leather wallet, numbered envelope, inner box, and outer box. Further accompanied by Patek Philippe Extract from the Archive indicating production of this timepiece in 1999 and its subsequent sale on October 22nd, 1999.

  • Catalogue Essay

    The reference 5950 was introduced in 1998 to replace the previous reference 5050, the first serially produced perpetual calendar with a retrograde date by Patek Philippe. Discontinued in 2006, it was produced in all four precious metals and is particularly noteworthy for its “officer”-style hinged caseback and elongated lugs with screwed pins. Though the case diameter measures 36 millimeters, the shape and size of the lugs, as well as the thickness of the case and its domed bezel, give the 5059 a significant presence on the wrist. Cased in white gold, it is particularly elegant and sublime, even more so given the stark white dial contrasted with the painted black Roman numerals. As it was originally sold in Italy, the day and month are featured in Italian – a rarity for the reference.

    The reference 5050 and 5950 share the sophisticated, self-winding caliber 315 S-QR with its striking 21K gold rotor, based on the caliber 315 SC featuring center seconds only. A robust and state-of-the-art in-house movement, it features an intriguing retrograding date complication as part of its perpetual calendar function. At the end of each month, the date hand automatically flies back to its original starting point – a very difficult function to reliably implement in watchmaking.

    Presented in remarkable overall condition with all of its original boxes, papers, and certificate of origin, this reference 5059 in 18K white gold is an elegant and versatile watch suitable for any occasion.

  • 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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Σ91

Ref. 5059G-015
A very fine and rare white gold perpetual calendar wristwatch with retrograde date and "officer"-style hinged caseback with certificate of origin

1999
36mm Diameter
Case, dial, movement, and buckle signed.

Estimate
$30,000 - 50,000 
CHF29,900-49,800
€26,100-43,400
HK$235,000-392,000

Contact Specialist
Paul Boutros
Head of Watches, Americas
+1 212 940 1293
pboutros@phillips.com

STYLED. Timeless Watches & How to Wear Them

New York Auction 5 December 2018