Lot 167
  • 167

Patek Philippe

Estimate
5,000 - 7,000 USD
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Description

  • A Pink Gold Rectangular Wristwatch1999 REF 5010R-001 GONDOLO MVT 1866592 CASE 4075204
  • length 33mm.
• cal. 215 circular nickel lever movement, free-sprung Gyromax balance, 18 jewels, adjusted to heat, cold, isochronism and 5 positions • two-tone silvered dial, applied pink gold Arabic 12 and baton indexes radiating from the circular center, outer minute tracking, pink gold feuille hands, subsidiary seconds • 18k pink gold rectangular case, stepped bezel, back secured by 4 screws • case, dial and movement signed with an 18k pink gold Patek Philippe buckle

Condition

At the moment, the movement cannot be wound and the hands cannot be set. However, there appears to be motion on the balance wheel. It will require repair before use. The dial is very clean with no visible spots or marks. The case shows some signs of light wear, with some light scuffs throughout. The width is 25mm. The Extract confirms that the dial originated with a two-tone finish, applied Arabic 12 in rose gold, black indexes and a railway track minutes scale. 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

Accompanied by an Extract from the Archives confirming production in 1999 and sale on October 14th of that year. Together with an undated Certificate of Origin and Patek Philippe booklets within a leather folder.  

For a note on Ref. 5010, and an example in white gold, see lot 160. Production of pink gold models of Ref. 5010 began in 1997. According to our research, the present example is one of fewer than five examples of this model in pink gold to appear at auction. To the best of our knowledge, this is the first time the present example has been offered at auction.