Important Modern & Vintage Timepieces

Geneva, May 13, 2012

LOT 393

PATEK PHILIPPE REF. 5050 PINK GOLD Patek Philippe, Genève, movement No. 1957828, case No. 4050768, Ref. 5050R. Made in 1999, sold on December 18th, 1999. Very fine and rare, center seconds, water-resistant, self-winding, 18K pink gold wristwatch with perpetual calendar, retrograde date, leap-year indication, moon phases and an 18K pink gold Patek Philippe deployant clasp. Accompanied by the Extract from the Archives.

CHF 50,000 - 70,000

USD 55,000 - 75,000 / EUR 40,000 - 60,000

Sold: CHF 60,000

C. Three-body, solid, polished, concave bezel, concave lugs, screwed-down transparent case back, sapphire crystals. D. Matte silver with applied pink gold baton indexes, apertures for the days of the week, the months, the moon phases and the leap year, retrograde sector for the date. Pink gold feuille hands. M. Cal. 315/136, stamped with the Seal of Geneva quality mark, rhodium-plated, fausses cotes decoration, 31 jewels, straightline lever escapement, Gyromax balance adjusted to heat, cold, isochronism and 5 positions, shock absorber, self-compensating free-sprung fl at balance spring. Dial, case and movement signed. Diam. 35 mm. Thickness 11 mm.


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Grading System
Grade: AAA

Excellent
Case: 2

Very good
Movement: 1*

As new

Overhaul recommended, at buyer's expense
Dial: 1-01

As new

HANDS Original

Notes

Ref. 5050 Production of Ref. 5050 started in 1993 with the yellow gold version only. In 1995 Patek Philippe offered the full range for sale: yellow gold, white gold, pink gold, and platinum. Only one dial color, opaline gray, was available for the four different metals, but it was possible to choose between indexes or Roman numerals. However, only around 30 examples were made in pink gold, white gold and platinum with Roman numeral dials. This model was the fi rst Patek Philippe perpetual calendar wristwatch to feature a ?retrograde date?. In 1993/1995 when the reference was fi rst shown, this complication went largely unnoticed. It was only when the watch was discontinued in 2001/2002 that it became a sought-after complication, by then widely used by other brands. This type of perpetual with retrograde date was subsequently used on the well-known minute repeater, Ref. 5016. With the day and month visible in a small window, as well as the leap year indication, it was the successor to Ref. 3450, and like 3450, was produced in very small quantities.