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Important Modern & Vintage Timepieces.

Geneva, November 11, 2018

LOT 177

PATEK PHILIPPE, REF. 5020, YELLOW GOLD

A fine and extremely rare, manual wind, 18k yellow gold perpetual calendar chronograph.

Brand Patek Philippe

Reference Ref. 5020

Year Sold in 2000

Bracelet Leather with 18k yellow gold Patek Philippe buckle

Numbers Case N. 2956087, Movement N. 3045008

Caliber CH 27 70Q

Dimensions 37 mm.

Signature Dial, Case and Movement.

Accessories Original fitted box, certificate of origin, spare caseback, push-pin

CHF 100,000 - 150,000

HKD 800,000 - 1,200,000 / USD 100,000 - 150,000

Sold: CHF 137,000


Grading System
Grade:

Exceptional

Case: 2-8

Very good

Slightly scratched

Movement: 2*

Very good

Overhaul recommended, at buyer's expense

Dial: 2-01

Very good

HANDS Original


Notes

Property of the original German owner. Ref. 5020 The so-called "TV Watch" (1995-2001) Reference 5020 is fitted with caliber 27-70 Q, like the famous Ref 3970. Due to its unusual shape and its similarity with the more traditional 3970, it was not produced in large numbers. Ref. 5020 was available in yellow, pink, and white gold, as well as platinum. This example complete with all its accessories was sold in 2000, shortly before it was discontinued even though the Patek certificate code indicates 1994 which actually makes it the 8th case number produced. The watch was not popular upon its launch and many examples such as this one remained unsold for years (in this case 6 years) before collectors understood its rarity.