Important Modern & Vintage Timepieces

Monaco, Jul 19, 2022

LOT 323

PATEK PHILIPPE
REF. 5960P-001, FLY-BACK CHRONOGRAPH, ANNUAL CALENDAR, BLUE DIAL, BAGUETTE-CUT DIAMONDS-SET CASE AND BUCKLE; PLATINUM AND DIAMONDS

EUR 100,000 - 200,000

USD 106,000 - 212,000 / HKD 830,000 - 1,660,000 / CHF 102,000 - 202,000

Sold: EUR 119,600

Extremely fine and extremely rare, platinum and diamond-set, self-winding, impressive gentleman's wristwatch, water-resistant with sapphire-crystal case-back, round button fly-back chronograph, annual calendar, power reserve indication, AM-PM indication; bezel and clasp set with 58 baguette-cut diamonds (4.68 ct.).

...

bezel set with 36 baguette-cut diamonds (3.48 ct.), clasp set wit 22 baguette-cut diamonds (0.97 ct.).


Grading System
Grade:
Case: 1

As new

Movement: 1*

As new

Overhaul recommended, at buyer's expense

Dial: 1-01

As new

HANDS Original

Brand Patek Philippe, Geneva

Model "Annual Calendar Chronograph"

Reference 5961P-001

Year sold in August 2012

Movement No. 4 745 954

Case No. 5 595 793

Material platinum

Bracelet black leather PP strap

Buckle 18K white gold PP diamond-set deployant clasp

Diameter 40.6 mm.

Caliber CH 28-520 IRM QA 24H, 40 jewels

Weight 148.2 gr. (approx.)

Signature dial, case and movement

Accessories original fitted box and outer box, certificate of origin, instruction booklet, setting-pin

Notes

Patek Philippe, Ref. 5960P

Launched in 2006 at the Basel Fair, it houses Patek Philippe's first in-house chronograph calibre and sets the stage for future development using calibre 28-520. In its current form, as used in Ref. 5960P, it has an annual calendar combined with hour and minute recorder on the same subsidiary dial. The two times 30-minute register is used in conjunction with the aperture at the 6 o'clock position indicating if the minutes are in the first or second 30 minutes. The ingenious clutch mechanism employed in the chronograph allows the wearer to maintain the chronograph in use without additional wear on the movement, thereby negating the need for constant seconds. This clutch system also makes the chronograph start instantaneous without the immeasurable jump that sometimes occurs with other chronograph systems.

In 2011, Patek Philippe added a baguette diamond bezel (4.68 ct.) and baguette indexes in the newly created 5961P that featured a beautiful matt blue dial. Sold new at Bucherer in 2012 it has been kept in excellent overall condition accompanied by its certificate of origin.