PROPERTY OF A PRIVATE COLLECTION
Extremely mechanically complex, the split seconds chronograph is considered one of the three most challenging complications in the art of watchmaking and is subsequently one of the most celebrated by collectors. With its "Officer" style case, white dial and special italicized Arabic numerals, the Patek Philippe Ref. 5959P bears many striking similarities to the earliest known split second wristwatch, no. 124824, started in 1903 and completed in 1923, sold by Sotheby's New York on 10 June 2014 for $2.9 million USD.
The Ref. 5959 uses the company's first fully 'in house' chronograph calibre (CHR 27-525PS). The 252 movement parts are confined to a record breaking size for this complication of just 27.3mm in diameter and a thickness of 5.25mm, thereby making it the thinnest column-wheel controlled split seconds chronograph ever made. In addition, the mono-pusher chronograph uses a 60 minute register instead of the conventional 30 minute one. Manufactured in extremely limited quantities due to the demanding accuracies required, each movement, which uses superior German silver, is assembled then checked for imperfections, disassembled then re-assembled again. It takes a master watchmaker approximately two months to assemble and adjust each movement.
Although the Ref. 5959 remains published in the Patek Philippe catalogue, it is widely regarded as one of the most difficult models to acquire from the company and must be placed as a special order.
The present lot is being offered in its original factory seal from a private collection and has never before been offered at auction.
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