Lot 70
  • 70

Patek Philippe

Estimate
160,000 - 240,000 USD
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Description

  • A FINE AND RARE PINK GOLD PERPETUAL CALENDAR SPLIT SECONDS CHRONOGRAPH WRISTWATCH WITH MOON-PHASESREF 5004 MVT 879658 CASE 4007833 MADE IN 1997
  • pink gold, alligator
  • diameter 36 mm
• cal. 27-70 Q manual winding nickel lever movement stamped with the seal of Geneva, 28 jewels, Gyromax balance, free sprung regulator • silvered dial, applied gold Arabic numerals, subsidiary dials for constant seconds combined with 24-hour indication, 30-minute register with leap year display and date with fan-form aperture for moon-phases, apertures for day and month in English, outer tachometer scale • polished case, molded bezel and lugs, screw-down case back • case, dial and movement signed • with an 18k pink gold Patek Philippe folding buckle

Condition

The present lot contains endangered species which is subject to restrictions upon international export. Accordingly, the strap for this item will be removed prior to shipment outside the United States. Movement running at time of cataloging, however it was not tested for the accuracy of time and may need service at the buyer's discretion. All functions work properly. Case is in good condition with slight scratches to the lugs and slight scuffing to the case band. Dial in excellent 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

Accompanied by the Certificate of Origin, leather documents folder, presentation box, setting pin, and extra case back. With an Extract from the Archives confirming date of sale on 26 November 1997.

Exemplifying the true art of watchmaking, the Ref. 5004 is the ultimate example of understated horology. The production of the Ref. 5004 commenced in 1995 and had a long run until 2009 when it was finally retired. This reference also has the distinction of employing the last non-Patek Philippe in house chronograph calibre, which was produced for them by Nouvelle Lemania.

The present example belongs to the first series of this model, with the movement numbers between 879501-879999, placing the present example at the earliest part of the production range.

Composed of 407 parts, the watch houses a calibre CHR 27-70Q, and ingeniously combines a split seconds chronograph and perpetual calendar. The split seconds chronograph allows the simultaneous measurement of multiple events beginning at the same time and employs Patek Philippe's patented split seconds disengagement mechanism, accurate within a fraction of a second. The perpetual calendar function features a 24-hour display, leap year indication and precision moon-phases device.

For an example of the reference, see Huber, M. & Banbery, A., Patek Philippe Wristwatches, p. 312, Vol. II, Second Edition.