Ref. 5004 First produced in 1995, this highly complicated manually wound wristwatch combines a split-seconds chronograph with the functions of the perpetual calendar and moon phase. The movement consists of a total of 404 parts. What is a split-seconds chronograph’ A split-seconds chronograph or 'rattrapante' is a type of chronograph watch with two coaxial superimposed center-seconds hands that are controlled by two push-buttons. One push-button controls the split-seconds hand to stop or join the chronograph hand. The other push-buttons control both hands and all the functions of the chronograph. The chronograph hand and the split-seconds hand are used for timing several events that start simultaneously, but are of diffrent durations. To operate the split-seconds chronograph, both hands are started and remain superimposed. Then at the end of the first duration, the split-seconds hand can be stopped while the chrono- graph hand continues to move. The duration of the first event can be read. After recording, the split-seconds hand can be released to instantly move and join the chronograph hand, synchronizing with it and thus being ready for another recording. At the end of each event the hands then can be stoppeand returned to zero. The split-seconds chronograph, in its present form, was first introduced in 1880. Split-seconds chronograph wristwatches came on the market circa 1922 by Patek Philippe (the first known wristwatch of this kind was Patek Philippe No. 124824, case no. 235326, which was sold by Antiquorum as lot 448 on November 14, 1999 for US $1,918,387, which was at the time the highest price ever realized for a wristwatch at auction). This timepiece appeared five years prior to the officiarelease of the split-seconds chronograph, making Patek Philippe the first manufacture to create this complication in a wristwatch. As they require a highly complicated and technical mecha- nism, these watches are desirable, very collectible and extremely difficult to produce accounting for their rarity.