lots are subject to 5% import Duty on the importation value (low estimate) levied at the time of collection shipment within UAE. For UAE buyers, please note that duty is paid at origin (Dubai) and not in the importing country. As such, duty paid in Dubai is treated as final duty payment. It is the buyer's responsibility to ascertain and pay all taxes due.
(for watches) Many of the watches offered for sale in this catalogue
have bands which may be made of endangered or
protected animal materials such as alligator or
crocodile and which may not lawfully be exported
from the sale site without a CITES export permit.
As explained above, these lots are marked with the
symbol (~) in the catalogue.Accordingly, for
purchased watches that are to be shipped out of the
sale site for delivery,Christie’s will need to remove and
retain the band before shipping the watch and buckle.
For collectors in search of technical mastery and intemporal designs, the Patek Philippe Reference 5101 is key for any contemporary collection.
Crafted with an Art-Deco pink gold case alluding to classics of the 1930s, the present timepiece is furthermore offered with its certificates and box.
Post Lot Text
It takes much more than a cursory glance at Patek Philippe’s debut showpiece for Basel 2003 to realize that reference 5101 is a highly complicated wristwatch. In fact it is the first timepiece that combines two complications which are very difficult to accommodate in the confined space of a rectangular movement: two tandem mainspring barrels with 240 hours of energy storage capacity and a tourbillon precision regulator composed of 72 individual parts.
Characteristic for Patek Philippe, hardly any signs on the outside of the piece would reveal the complexity of its inner workings. Understated elegance has always been a hallmark of Patek Philippe but the tourbillon cage is in fact concealed for a very practical reason - the oil used to lubricate the mechanism is sensitive to ultraviolet rays and would decompose if exposed to daylight, thus losing its beneficial tribological properties. As extremely stringent standards are imposed on all Patek Philippe movements and even more so on tourbillon pieces, the present timepiece is stamped with the Geneva Seal.
Offered here in excellent condition, reference 5101 in pink gold was made in approximately 100 pieces.