Lot 2308
  • 2308

Patek Philippe

Estimate
4,800,000 - 5,500,000 HKD
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Description

  • A SUPER IMPRESSIVE, RARE AND IMPORTANT PLATINUM AND DIAMOND-SET AUTOMATIC MINUTE REPEATING PERPETUAL CALENDAR WRISTWATCH WITH CATHEDRAL GONGS, MOON-PHASES AND LEAP YEAR INDICATIONREF 5073P CIRCA 2011
  • diameter 42 mm
• cal. R27 Q automatic nickel lever movement stamped with the PP seal, Gyromax balance, 39 jewels, two polished hammers on two extra-long "Cathedral" gongs, 22k gold mini-rotor • black lacquered dial, baguette diamond-set indexes, 3 subsidiary dials indicating day with 24-hour indication, month with leap-year indication and date with aperture for moon-phases, outer minute track • platinum case, baguette diamond-set bezel and lugs, minute repeating mechanism operated by a slide in the band, snap-on sapphire crystal display back • case, dial and movement signed • with a platinum and diamond-set Patek Philippe folding buckle

Condition

Movement and functions are in working order while cataloguing. Repeater strikes with a very synchronized and harmonized strong and crisp cathedral tone. Very well preserved by the original owner. Overall condition is excellent. Please note the movement has not been tested for time keeping and a service might be required at the buyer's expense. **The strap of this wristwatch is made from an 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

With a Patek Philippe special folder containing Certificate of Origin, image, instruction manual and specification of the movement.  Further with an interchangeable platinum case back and presentation box.  

The total diamond weight is approximately 5.28 carats. 

Launched by Patek Philippe in 2011, the reference 5073 is based on the highly popular Ref. 5074 with the bezel and shoulders set with 103 baguette diamonds (total 4.33 carats), including a matching diamond set folding buckle featuring a further 42 baguette diamonds. Available only in a platinum case with black baguette diamond-set dial, such is the time and resources required in creating the minute-repeating movement with cathedral gongs, combined with diamond set case, very few examples are understood to have been crafted and this is the first to be offered publicly. As a testament to their ability to manufacturer the finest minute-repeating wristwatches today, Patek Philippe has managed to create a remarkably clear and audible sound for the minute repeater in the 5073; often platinum cased repeaters lack the clarity of their gold counterparts due to the density of the metal. In addition setting the case with diamonds changes the tonality of the repeater, perhaps for this reason the 5073 was the first advertised Patek Philippe minute repeater to feature a diamond-set case and today remains the most highly jeweled minute-repeater available from the company.This time-consuming difficulty in creating a platinum and diamond set case that passes the strict requirements of Patek Philippe minute repeaters perhaps explains why production for the 5073 has remained so limited.

Arguably the most visually striking of all diamond-set complications from Patek Philippe, the 5073P is a rare achievement of when the two artisan skills of haute-horlogerie and haute jewellery can be used together in perfect balance. Images and promotional material, although visually impressive, do nothing to capture the striking elegance of the model and viewing in person.

This is the second time a Patek Philippe Ref. 5073 has been offered at auction since its production in 2011.