Lot 1723
  • 1723

Patek Philippe, AN IMPORTANT AND EXTREMELY RARE LIMITED EDITION GOLD AUTOMATIC MINUTE REPEATING WRISTWATCH CIRCA 1997 REF. 5029J MVT 1904087 CASE 4015627

Estimate
2,200,000 - 3,000,000 HKD
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Description

  • AN IMPORTANT AND EXTREMELY RARE LIMITED EDITION GOLD AUTOMATIC MINUTE REPEATING WRISTWATCH CIRCA 1997 REF. 5029J MVT 1904087 CASE 4015627
  • DIAMETER 35MM.
cal.R27 PS damascened nickel lever movement stamped with the Geneva seal, 39 jewels, free-sprung Gyromax balance, adjusted to heat, cold, isochronism and 5 positions, 22k gold micro-rotor, minute repeating on two steel bells using two polished hammers • champagne dial with applied gold Breguet numerals and hands, pearled minute track, subsidiary seconds • 18k gold Officer-style hinged case with screw-set lugs, sapphire crystal display in the gold cuvette •  case, dial and movement signed •  with an 18k gold PP folding buckle 

Condition

Extremely Rare and Collectable! Automatic movement running while cataloguing, minute repeating sound is rich in tone, well-paced and crisp. Lovely clean dial. Case and buckle with no significant signs of use. Case hinge and repeating slide operating smoothly and firm, in excellent condition. Inside of case back retains all hallmarks and stamps, clearly stamped with case maker's mark "JHP" (Jean-Pierre Hagmann) and numbered 4015627. Movement numbered 1904087. Overall appears in unused condition, in excellent condition. **The leather strap of this watch is made from endangered species, please refer to important notices for further information**
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping.

Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."

Catalogue Note

Accompanied by a Patek Philippe Certificate of Origin, C.O.S.C certificate, attestation, a silver medal and booklets in leather folder. Further accompanied by a key and a Patek Philippe presentation box with outer card box.

The present lot REF. 5029J was produced in a very limited series of only 10 pieces.

The rare limited edition minute-repeating chronometer was developed by Patek Philippe in 1997 for the opening of their new factory in Geneva. Only 10 pieces of 5029J were produced in gold, emphasizing the exceptional rarity of the present lot in the market. The piece is exquisitely cased in the officer-style by Jean-Pierre Hagmann, Master Case maker for Patek Philippe. The distinctive champagne-colored dial adds luster to this extremely rare commemorative piece, and is perfectly suited for the seasonal collector.

Jean-Pierre Hagmann was born in Geneva in 1940. During his career as a Master Case maker, Hagmann worked withthe top technicans and skilled artisan in their workshops, including Ponti Gennari, Gay Freres, G. Brera, J.-P Ecoffey and G. Croisier. In 1984, Jean-Pierre Hagmann established his own company with his unique master case maker's mark: JHP. He bought or made all the machinery and benches he needed to be independent. Today Jean-Pierre Hagmann is the point of reference for the case-making and without doubt the most skilled artisan still working in this field. His extraordinary personal production has included 1500 cases for minute repeating wristwatches, at least a third of which were made for Patek Philippe.