Lot 2176
  • 2176

Patek Philippe

Estimate
800,000 - 1,000,000 HKD
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Description

  • A VERY FINE AND RARE WHITE GOLD PERPETUAL CALENDAR AUTOMATIC CENTRE SECONDS WRISTWATCH WITH RETROGRADE DATE AND BRACELET REF 5050/1G MVT 19557594 CASE 2998643 MADE IN 1999
  • diameter 35 mm
cal. 315/136 nickel lever movement stamped with the Geneva seal, 31 jewels, Gyromax balance, adjusted to heat, cold isochronism and 5 positions, yellow gold rotor engraved with the Calatrava cross • opaline white dial, applied Roman numerals, outer minute track, centre seconds, apertures for day, leap year indication, month and moon-phases, retrograde date indicated with inner painted Arabic numerals • 18k white gold case, down-turned lugs, concave bezel, sapphire crystal display screw down case back • case, dial, movement and bracelet signed • with an 18k white gold Patek Philippe articulated bracelet with security clasp

Condition

Movement is in working order while cataloguingbut it has not been tested for the accuracy of time keeping and a service might be required at the buyer's expense. Dial is clean and intact. Some signs of wear to the watch with some scuffs to the bezel and small dents. More noticeable dent to the bezel at 5 o'clock. Bracelet with scuffs from wear. Overall in good condition.
"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

Launched in 1993, the Ref.5050 was the first automatic perpetual calendar wristwatch from Patek Philippe to feature center seconds. Available in yellow, pink, white gold or platinum and with either a baton index or considerably rarer Roman dial, the model was discontinued in 2002 when it was replaced with the Ref.5059.

According to research, the white gold version, as was typical of Patek Philippe in the 1990s and early 2000’s was produced in the smallest numbers with only 10 examples appearing at auction.

This model with opaline white dial represents the only known white gold Ref.5050 fitted on a bracelet, as mentioned on the extract from the archives, and was possibly made as a special order.

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