Patek Philippe - The New York Watch Auction: SIX New York Saturday, June 11, 2022 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1993
    Reference No: 5050
    Movement No: 1’957’083
    Case No: 2’947’167
    Material: 18K yellow gold
    Calibre: Automatic, cal. 315S QR, 31 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K yellow gold Patek Philippe buckle
    Dimensions: 35mm Diameter
    Signed: Case, dial, movement, and buckle signed.
    Accessories: Accompanied by additional hard caseback, setting pin, and Patek Philippe winding box. Additionally accompanied by a Patek Philippe Extract from the Archives confirming manufacture of the present watch in 1993 and its subsequent sale on March 30th, 1994.

  • Catalogue Essay

    Patek Philippe launched the reference 5050 with perpetual calendar and retrograde date in 1993 and it remained in production until 2002. Originally encased solely in yellow gold, by 1995 the brand extended the line to include models in pink and white gold as well as platinum. Originally sold with silvered dials with applied Roman numerals and a moon phase aperture, Patek Philippe modified the dial with applied baton numerals and a moon phase forming a fully circular subsidiary dial and highlighted with the wording “automatic”, as in the present lot.

    Offered here having developed a lovely patina throughout from being hardly ever worn, the present reference 5050 comes from the Ride the Wave collection.

    PROPERTY OF THE ORIGINAL OWNER

  • 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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Σ97

Ref. 5050
An attractive and well-preserved yellow gold perpetual calendar wristwatch with retrograde date and moon phase

1993
35mm Diameter
Case, dial, movement, and buckle signed.

Estimate
$20,000 - 40,000 
CHF19,600-39,300
€18,900-37,700
HK$157,000-314,000
S$27,600-55,300

Sold for $44,100

Contact Specialist

Paul Boutros

Head of Watches, Americas

+1 (212) 940-1293

WatchesNY@Phillips.com

 

Isabella Proia

Head of Sale, New York

+1 (212) 940 1285

iproia@phillips.com

The New York Watch Auction: SIX

New York Auction 11-12 June 2022