Important Collectors’ Wristwatches, P...

Geneva, Mandarin Oriental Hotel Du Rhône, May 13, 2007

LOT 671

Platinum 5016? Patek Philippe, Genève, No. 1905010, case No. 2962716, Ref. 5016P. Sold on November 23rd, 1994. Extremely fine, rare and important, astronomic, minute-repeating, platinum gentleman?s wristwatch with one-minute tourbillon regulator, retrograde perpetual calendar, moon phases, and a platinum Patek Philippe buckle. Accompanied by a fitted box, a platinum and ebony setting pin and a certificate of origin.

CHF 550,000 - 650,000

EUR 340,000 - 400,000 / USD 450,000 - 530,000

Sold: CHF 772,100

C. Three-body, solid, polished, fluted lugs, transparent case back, sapphire crystals. D. Silvered with applied platinum Breguet numerals, subsidiary seconds dial, concentric retrograde graduation for the days of the month, apertures for the days of the week, the months, the leap year and the moon phases. White gold ?Breguet? hands. C. Three-body, solid, polished, fluted lugs, transparent case back, sapphire crystals. D. Silvered with applied platinum Breguet numerals, subsidiary seconds dial, concentric retrograde graduation for the days of the month, apertures for the days of the week, the months, the leap year and the moon phases. White gold ?Breguet? hands. M. Cal. RTO 27 PS-QR, stamped with the Seal of Geneva Quality Mark, rhodium-plated, ?fausses côtes? decoration, 28 jewels, lateral lever escapement with one-minute tourbillon regulator with polished steel cage with 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. Dial, case and movement signed. Diam. 37 mm. Thickness 15 mm. Property of a North American Collector


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Grading System
Grade:
Case: 2

Very good
Movement: 1

As new
Dial: 1-01

As new

HANDS Original

Notes

This watch was recently overhauled by Patek Philippe. Ref. 5016 Production of this reference started in 1993. It is the second most complicated wristwatch ever produced by Patek Philippe and takes its place in a long tradition of extremely fine and highly complicated mechanical timepieces. It is surpassed only by Ref. 5002, the ?Sky Moon Tourbillon?. Ref. 5016 incorporates a perpetual calendar with a retrograde, or flyback, date hand whose specially developed mechanism absorbs almost no energy when the hand returns on the 1st of each month. Month, year and leap year indications will change instantaneously and if it is always kept running, no adjustments need to be made to the watch until Feb. 28th, 2100. (The moon phase indication will show a deviation of one single day only after 122 years and 45 days). The minute repeater sounds with unequalled purity and clarity and the tourbillon cage lies on the same rotational axis as the balance and fourth wheels, a very difficult configuration. All harmoniously blended together in this timepiece of the highest quality, beauty and prestige.