Important Modern & Vintage Timepieces

Hong Kong, Feb 07, 2015

LOT 296

PATEK PHILIPPE REF. 5016 UNIQUE DOUBLE DIAL BLACK AND SILVER ROMAN NUMERALS PLATINUM Patek Philippe, Genève, No. 1905044, case No. 4106568, Ref. 5016P. Sold on June 29th, 2000. Extremely fine, unique and important, astronomic, minute-repeating, platinum wristwatch with one-minute tourbillon regulator, retrograde perpetual calendar, moon phases, and a platinum Patek Philippe buckle. Accompanied by a Patek Philippe fitted box, Certificate of Origin, Extract from the Archives, COSC, extra silver dial, extra platinum caseback, setting pin, and a leather folder with booklets.

HKD 3,500,000 - 5,000,000

USD 450,000 - 650,000 / CHF 400,000 - 570,000

Sold: HKD 5,130,000

Three-body, solid, polished, fluted lugs, transparent case back, sapphire crystals. Black with applied white gold Roman numerals, subsidiary seconds dial, concentric retrograde white date graduation for the date, apertures for the days of the week, the months, the leap year and the moon phases. White gold dauphine hands. Cal. RTO 27 PS-QR, stamped with the Seal of Geneva quality mark, rhodium-plated, fausses cotes decoration, 28 jewels, lateral lever escapement with one-minute tourbillon regulator with polished steel cage and 3 equidistant arms, Gyromax balance adjusted to heat, cold, isochronism and 5 positions, self-compensating free-sprung Breguet balance spring, repeating on gongs by activating a platinum slide on the band.


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Grading System
Grade:
Case: 2

Very good
Movement: 1*

As new

Overhaul recommended, at buyer's expense
Dial: 1-01

As new

HANDS Original

Notes

Dial, case and movement signed. DIAM. 37 mm. THICKNESS 15 mm. Introduced in 1993, the iconic PATEK PHILIPPE reference 5016 was the most complicated wristwatch in production until Patek debuted reference 5002, the Sky Moon Tourbillon, in 2001. The present lot, originally sold to the world-renowned Ferrari and Patek Philippe collector Mr. Yoshiyuki Hayashi, is cased in platinum, featuring two unique dials: a unique black dial with applied white gold Roman numerals and a silver dial with the same configuration. The hands are in the dauphine style as opposed to the standard Breguet hands for this reference. Commissioned dials for any Patek Philippe are only available to the most dedicated and important clients, resulting in very few truly unique examples. Patek Philippe's 2009-2010 Collection booklet describes the now discontinued reference 5016 as follows: "Its classic Calatrava case in yellow, rose or white gold or platinum unites the complications most highly prized by those with a passion for exceptional watches: the tourbillon, the minute repeater and the perpetual calendar - completed with a retrograde date hand and a moon phase display. The movement making this masterpiece possible comprises 506 parts."