Lot 171
  • 171

Patek Philippe

Estimate
7,000 - 9,000 USD
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Description

  • A white gold rectangular wristwatch1999 REF 5024G GONDOLO MVT 1872879 CASE 4116379
  • length 38mm.
• cal. 215 circular nickel lever movement, Gyromax balance, 18 jewels, adjusted to heat, cold, isochronism and 5 positions • white dial, Breguet numerals, outer minute tracking, white gold feuille hands, subsidiary seconds • 18k white gold curved rectangular case, stepped sides, back secured by 4 screws • case, dial and movement signed with an 18k white gold Patek Philippe buckle

Condition

The movement is running, however it may require service soon. The dial is very clean with no visible spots or marks. The case shows some light surface wear with a few light scuffs to the case back. The width is 29mm. The Certificate of Origin is from Hardy & Hayes. The 2006 Geneva retail price for this piece was 16,200CHF. 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 a Certificate of Origin dated January 11, 2001 and an Extract from the Archives confirming production in 1999 and sale on September 13th of the following year. Together with Patek Philippe booklets within a leather folder and fitted presentation box and outer packaging.

For a note on Ref. 5024 and an example in yellow gold, see the previous lot. To the best of our knowledge, this is the first time the present example has been offered at auction.