Important Collectors' Wristwatches, P...

New York, Jun 11, 2009

LOT 409

White Gold Ref. 5050 "Roman Dial" Patek Philippe, Genève, No. 1957976, case No. 2980858, Ref. 5050G. Sold December 29th, 2004. Very fine and extremely rare, astronomic, center seconds, self-winding, water resistant, 18K white gold wristwatch with perpetual calendar, retrograde date, leap year indication, moon phases and an 18K white gold Patek Philippe deployant clasp. Accompanied by a fitted box, setting pin, booklets and Certificate of Origin.

USD 80,000 - 120,000

EUR 60,000 - 90,000 / CHF 90,000 - 135,000

Sold: USD 96,000

C. Three-body, solid, polished, concave bezel, fluted lugs, screwed-down transparent case back, sapphire crystals. D. Satine silver with applied radial white gold Roman numerals, outer minute divisions, apertures for the days of the week, the months, the moon phases and the leap year, retrograde sector for the date. M. Cal. 315/136, stamped with the Seal of Geneva quality mark, rhodium-plated, fausses cotes decoration, 31 jewels, straight-line lever escapement, Gyromax balance adjusted to heat, cold, isochronism and 5 positions, shock absorber, self-compensating free-sprung flat balance spring, gold rotor. Dial, case and movement signed. Diam. 36 mm. Thickness 11 mm.


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Grading System
Grade:
Case: 2

Very good

Movement: 2*

Very good

Overhaul recommended, at buyer's expense

Dial: 1-01

As new

HANDS Original

Notes

The reference 5050 has always been much appreciated by collectors for its simple aesthetic beauty yet understated look. Relatively unpopular upon its launch, it quickly gained huge appeal due to a relatively small production run. According to our research, there have only been 3 other examples in white gold ever to appear at auction (see Antiquorum Hong Kong, Nov. 25, 2006, lot 178) making the white gold the rarest of all four available metals (including platinum). Furthermore it is only the second white gold 5050 with the less common Roman numeral dial to be offered on the market.