Important Modern & Vintage Timepieces

New York, Apr 20, 2016

LOT 254

PATEK PHILIPPE REF 5038 LIMITED EDITION WHITE GOLD Patek Philippe, Genève, movement No.776035, case No. 4005003, Ref. 5038G. Made in a limited edition of 500 pieces in 1996, sold March 7th, 1997. Very fine and rare, self-winding, 18K white gold wristwatch with perpetual calendar, moon phases and an 18K white gold Patek Philippe deployant clasp. Accompanied by the original fitted box and the Extract from the Archives.

USD 35,000 - 55,000

HKD 270,000 - 430,000 / CHF 35,000 - 55,000

Sold: USD 37,500

Two-body, solid, polished, snap-on transparent case back, beaded and stepped bezel, sapphire crystals. Black with painted white radial Roman numerals, subsidiary dials for the date, days of the week, the 24 hours, the months and the leap year, aperture for the moon phases, outer white minutes track. Lacquered white gold alpha hands. Cal. 240 Q, stamped with the Seal of Geneva quality mark, rhodium-plated, fausses cotes decoration, 27 jewels, straight-line lever escapement, Gyromax balance adjusted to heat, cold, isochronism and 5 positions, shock absorber, self-compensating free sprung flat balance spring, 22K gold micro-rotor mounted on ball bearings.


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Grading System
Grade: AAA

Excellent

Case: 3-9

Good

Scratched

Movement: 1*

As new

Overhaul recommended, at buyer's expense

Dial: 1-01

As new

HANDS Original

Notes

Dial, case and movement signed. DIAM. 36 mm. THICKNESS 9 mm. REF. 5038 Production of this reference started in 1996. It was made in a limited edition of 500 examples, in white gold only, with transparent back and black dial with white Roman numerals.