Important Modern and Vintage Timepieces

Hong Kong, Jun 25, 2011

LOT 201

Patek Philippe Yellow Gold ?TV Watch? with bracelet Patek Philippe, Genève, movement No. 3046024, case No. 2956131, Ref. 5020J. Sold on June 27th, 2001. Very fine and very rare, tonneau-shaped, water-resistant, 18K yellow gold wristwatch with round button chronograph, register, perpetual calendar, leap year and 24-hour indication, moon phases and an 18K yellow gold Patek Philippe bracelet. Accompanied by the original Patek Philippe presentation case, wallet, instructions, corrector, certificate of origin, setting pin, extra full caseback and original silver dial.

HKD 2,000,000 - 3,000,000

USD 260,000 - 385,000 / EUR 180,000 - 270,000

C. Two-body, solid, polished, concave lugs, transparent snap-on case back, sapphire crystals. D. Black with applied diamond indexes, subsidiary seconds and 30-minute register dials, 24 hour and leap year indication, graduation for the date, apertures for the days of the week, the months and the moon phases, outer minute/seconds divisions. Yellow gold Breguet hands. M. Cal. 27-70 Q, stamped with the Seal of Geneva quality mark, rhodium-plated, fausses cotes decoration, 24 jewels, straight line lever escapement, Gyromax balance adjusted to heat, cold, isochronism and 5 positions, shock absorber, self-compensating free-sprung Breguet balance spring. Dial, case and movement signed. Dim. 37 x 45 mm. Thickness 13 mm.


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Grading System
Grade:
Case: 2

Very good
Movement: 2*

Very good

Overhaul recommended, at buyer's expense
Dial: 2-01

Very good

HANDS Original

Notes

While the 5020 was relatively unpopular upon its launch, it is fair to say that Patek Philippe was in advance with this watch. The few collectors who appreciated its unequivocally 1970?s design combined with perpetual calendar instantly understood its appeal. It was produced over a relatively short period of time - from 1994 to 2002 - and in small numbers. The present watch was originally fitted with a silver dial. The owner liked the combination of a black dial with a yellow case, so he added the black dial usually featured on the platinum version to his already complete set. The watch's rarity is further enhanced by the original bracelet, as specified in the certificate of origin. To the best of our knowledge only 22 examples of the reference 5020 have appeared at auction (only 5 in yellow gold). This is the only example known in yellow gold with original bracelet.