Lot 89
  • 89

PATEK PHILIPPE | REF 5029RA RARE PINK GOLD AUTOMATIC MINUTE REPEATING WRISTWATCH. LIMITED PRODUCTION OF 10 TO COMMEMORATE THE INAUGURATION OF THE NEW MANUFACTURE IN 1997

Estimate
300,000 - 500,000 USD
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Description

  • Patek Philippe
  • REF 5029RA RARE PINK GOLD AUTOMATIC MINUTE REPEATING WRISTWATCH. LIMITED PRODUCTION OF 10 TO COMMEMORATE THE INAUGURATION OF THE NEW MANUFACTURE IN 1997
Dial: silvered, Breguet numeralsCaliber: cal. R 27 PS automatic movement, 39 jewelsMovement number: 1904075Case: 18k pink gold Officier, hinged case backCase number: 2833920Closure: 18k pink gold Patek Philippe buckle Size: diameter 35 mm Signed: case, dial and movementAccessories: Patek Philippe Extract from the Archives confirming the year of manufacture in 1996, and sale on December 5, 1997 confirming the dial with Breguet numerals and pearl minute track, made as a commemorative timepiece for the inauguration of the new manufacture in 1997 and leather pouch

Condition

CASE Case in overall excellent condition with light wear and scuffs. Hinged case back is inscribed "COMMEMORATION 1997." Some light superficial surface scratches to the hinged back. DIAL Dial in excellent condition. MOVEMENT Minutes repeating in phase. The movement is running at time of cataloging, however it was not tested for the accuracy of time or duration of the power reserve and may need service at the buyer's discretion. Please note that Sotheby's does not guarantee the future working of the movement. ***Please be advised that the bands on this watch are made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) and thus not sold with the watch, they are for display purposes only. We will remove these bands prior to international shipping.***
"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

The caliber R 27 PS is illustrated in Huber, M, Banbery, A, Patek Philippe Wristwatches, 1998, p. 320. The Ref 5029 was launched in 1997 and made to commemorate the opening of Patek Philippe's factory in Geneva. The model was produced in a highly limited edition of 30 examples in three metals: 10 pieces in yellow gold, 10 pieces in platinum, and 10 pieces in pink gold like the present lot. 

This understated timepiece is dressed in the iconic Officier case, manufactured by the celebrated Jean-Pierre Hagmann, whose case maker’s mark, JHP, is stamped on the inside of the hinged case back.

This model combines the time honored tradition of minute-repeating watches with the contemporary desire for self-winding wristwatches. In order to fulfill both of these demands, Patek Philippe designed the cal. R27PS movement which utilizes an offset rotor to allow space for the minute repeating gongs. Ensuring the chime’s clarity of sound is a significant challenge in the creation of any minute-repeating timepiece. To meet this challenge, Patek Philippe tested a multitude of alloys, finally developing new acoustic steel for the sole purpose of minute-repeating gongs.