CASE NUMBER: 4’528’674, MOVEMENT NUMBER: 5’000’359

Name: PATEK PHILIPPE, REF. 5074P, A PLATINUM PERPETUAL CALENDAR MINUTE REPEATER
Brand: CASE NUMBER: 4’528’674, MOVEMENT NUMBER: 5’000’359
Price: 420000.00 USD
Availability: SoldOut

Price Realised USD 525,000

Estimate

USD 400,000 - USD 600,000

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PATEK PHILIPPE, REF. 5074P, A PLATINUM PERPETUAL CALENDAR MINUTE REPEATER

CASE NUMBER: 4’528’674, MOVEMENT NUMBER: 5’000’359

Price Realised USD 525,000

CIRCA: 2011
CASE MATERIAL: Platinum, with 0.02 carat diamond on the chin
DIAMETER: 42 mm.
STRAP MATERIAL: Patek Philippe black CROCODILE leather strap
DIAL: Black with applied white gold numerals, two sunken engine-turned sub dials indicating days of the week combined with 24 hours register and months of the year combined with leap year register, a sub dial at 6 o’ clock for date combined with aperture for moon phases
MOVEMENT: Cal. R27Q, automatic with gold micro-rotor
FUNCTIONS: Time, perpetual calendar, minute repeater, moon-phase, leap-year indication, 24-hour (AM/PM) register
BUCKLE: Patek Philippe platinum tang buckle
WITH: Additional platinum closed caseback engraved with movement number, corrector pin, leather-bound Patek Philippe Certificate of Origin confirming date of purchase as 1 September 2011, leather pouch with product literature, original mahogany wood presentation box, and outer packaging

Ψ The endangered species straps shown here are for display purposes only and is not for sale. Upon sale, each watch will be supplied to the buyer with a black leather strap.

These lots have been imported from outside of the UAE for sale. Should the lots be released into GCC/UAE free circulation, duty will be payable at 5% on the low estimate. Duty paid in Dubai is treated as final duty payment as per GCC''s customs laws. VAT at 5% will be applied to the hammer and buyer’s premium.

Conditions of Sale
FAQs
This lot is offered by Christie's Dubai Ltd.

Brought to you by

Bob XueSenior Specialist, Watches

A Christie's specialist may contact you to discuss this lot or to notify you if the condition changes prior to the sale.

Qxue@christies.com +971 56 838 4528

Lot Essay

The Reference 5074 remains one of the most technologically complex and aesthetically appealing modern Patek Philippe wristwatches. In production from 2001 to 2005 in yellow gold, since 2005 in pink gold and in platinum since 2009, the return to market ratio is extremely small, indicating how deeply collectors are attached to this model.

Reference 5074 can be considered one of the most striking stylistic exercises by Patek Philippe. It seamlessly blends design traits inherited from vintage horology with modern solutions. The end result is breath-taking. The dial with its three subsidiary counters recalls the balanced design of mid-20th century perpetual calendars. The lugs as well are unmistakably inspired by the celebrated design of the Ref. 2499, with the outer top edge of each sculpted with a subtle groove. The broad stepped bezel, is a trait typical of modern horology, as is its impressive diameter of 42 mm.

It incorporates the legendary "Cathedral" repeating mechanism, consisting of a high-tone and a low-tone gong. When the chiming mechanism is activated, first the number of hours is struck by one of the two hammers on the low-tone gong, followed by the quarter hours with double strikes on both the low-tone and the high-tone gong, and finally the number of minutes which have elapsed since the last quarter-hour with one hammer on the high-tone gong.

The length of the gong in a standard repeating mechanism corresponds to almost precisely one turn in the movement whereas those of the "Cathedral" mechanism exceed the case circumference by at least one and a half, even two turns. Consequently, a much richer and fuller timbre is achieved, resembling the chime of the bells of a cathedral.

Elegant and modern, Ref. 5074 is a contemporary classic and highly popular amongst collectors.