Lot 2289
  • 2289

Patek Philippe

Estimate
2,800,000 - 3,800,000 HKD
Log in to view results
bidding is closed

Description

  • AN EXCEPTIONAL PLATINUM TONNEAU-SHAPED AUTOMATIC MINUTE REPEATING PERPETUAL CALENDAR WRISTWATCH WITH RETROGRADE DATE, MOON PHASES AND LEAP YEAR INDICATIONREF 5013P MVT 1908054 CASE 4214420 CIRCA 2003
  • platinum
  • length 45 mm
• cal. R29 PS-QR automatic nickel lever movement with the Geneva seal, 39 jewels, Gyromax balance, 22k mini gold rotor, minute repeating on two gongs • black dial, applied gold Breguet numerals, subsidiary seconds with moon phases, 3 apertures for day, month and leap year indication, fan-form sector for retrograde date • platinum tonneau-shaped case, minute repeating slide to the band, sapphire crystal display snap-on case back • case, dial and movement signed • with a platinum Patek Philippe buckle

Provenance

Sotheby's Hong Kong, April 2008, Legacy of a Collector.

Condition

Automatic movement, perpetual calendar and minute repeating in working order when cataloging. Dial is nice and clean, in very good condition. Case with some very minor hairlines to the bezel and case band. Overall in excellent condition. Rare and collectible example. Please note that the movement has not been tested for the accuracy of 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."

Catalogue Note

With a Patek Philippe Certificate of Origin, an instruction manual, a silvered dial, a setting pin, an Extract from the Archive and presentation box.

Reference 5013 was launched in 1992 and is one of the most complex wristwatches ever made by Patek Philippe, with a total of 515 parts. To celebrate the company's 150th Anniversary in 1989, the firm produced a minute repeating wristwatch, the first to feature an automatic calibre. This innovation led to the development of the Reference 5013, the first minute-repeating wristwatch to feature an automatic movement combined with perpetual calendar with retrograde date indication. The retrograde date hand moves along a 270 degree arc and at midnight of the last day of each month, it flies back to the first of the month. During this precisely controlled fly-back phase, the hand is disconnected from the drive train and is cleverly captured back on the 1st of the month to ensure it does not slip forward by a day.

The case of the Reference 5013 pays homage to one of the most important watches sold in recent auction history: no. 97589, the tonneau-form minute repeating wristwatch in yellow gold, made for Henry Graves, Jr. Sold by Sotheby's New York in June 2012 for nearly three million US dollars. Another well-known example, no. 198.212, made in a platinum tortue case for Henry Graves, Jr., is illustrated in Huber, M. & Banbery, A., Patek Philippe Wristwatches, Second Edition, p.315, pl. 470a-d. This watch is exhibited in the Patek Philippe Museum.

The production of Ref. 5013 ceased in 2011. When the present model was created, the platinum version of Ref. 5013 was available only with a silvered dial, as noted on the Certificate of Origin. In 2006, a black dial was made available for platinum examples, and at that point the owner requested this option as well. According to our research, only three examples of Ref. 5013 in platinum have been offered at auction complete with two dials, inclusive of the present lot.