• The First Shanghai Auction auction at Christies

    Sale 3390

    The First Shanghai Auction

    26 September 2013, Shanghai

  • Lot 16

    PATEK PHILIPPE. A RARE, UNIQUE AND IMPORTANT 18K WHITE GOLD AUTOMATIC PERPETUAL CALENDAR WRISTWATCH WITH SWEEP CENTRE SECONDS, RETROGRADE DATE, MOON PHASES, LEAP YEAR INDICATION, ORIGINAL CERTIFICATE, PORTFOLIO PHOTOGRAPHS AND WINDING BOX

    SIGNED PATEK PHILIPPE, GENEVE, REF. 5159, MOVEMENT NO. 3'720'799, CASE NO. 4'455'909, CIRCA 2009

    Price Realised  

    Estimate

    PATEK PHILIPPE. A RARE, UNIQUE AND IMPORTANT 18K WHITE GOLD AUTOMATIC PERPETUAL CALENDAR WRISTWATCH WITH SWEEP CENTRE SECONDS, RETROGRADE DATE, MOON PHASES, LEAP YEAR INDICATION, ORIGINAL CERTIFICATE, PORTFOLIO PHOTOGRAPHS AND WINDING BOX
    SIGNED PATEK PHILIPPE, GENEVE, REF. 5159, MOVEMENT NO. 3'720'799, CASE NO. 4'455'909, CIRCA 2009
    Cal. 324/336 automatic lever movement stamped with the Geneva seal, 30 jewels, silvered matte dial with centre engraved design, sweep centre seconds, apertures for the day, month and leap year display, retrograde date, circular engraved case, engraved bezel, glazed display snap on back, hinged and engraved dust cover, screwed engraved lugs, engraved crown, 18k white gold engraved Patek Philippe deployant clasp, case, dial and movement signed
    38 mm. diam.


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    With Patek Philippe Certificate of Origin dated 16 December 2009, portfolio photographs of the current watch, original box with winding mechanism, adaptors and outer packaging.

    Patek Philippe introduced reference 5159 in 2007 with a larger case than its predecessor reference 5059. It was first manufactured in yellow and white gold and since 2010 is available in pink gold.

    The current watch is the only known example of a 5159 with an engraved case, dial and deployant clasp and is believed to be the prototype for the reference 5160 currently in production. The present 5159 was customized to special order based on an antique design proposed to the firm by the original owner. It is believed that Patek Philippe were so pleased with the results that they introduced the reference 5160 as a result. One can note that the current engraved design is very different to the design used on the reference 5160 and has a very subtle blued steel finish very similar to the antique design used as the study for the engraving.

    Presented in outstanding overall condition this prototype reference 5159 is a true collector's trophy and can be foreseen to be a historically interesting watch for the future.

    This lot had an endangered species strap (indicated by the CITES symbol next to the lot number). This strap is shown for display purposes only and has been removed and retained by Christie's prior to shipment to the sale site. In some cases the strap my be available for collection free of charge. For more information please refer to the IMPORTANT NOTICES AND EXPLANATION OF CATALOGUING PRACTICE at the back of this catalogue and contact the Watch Department.

    Special Notice

    Prospective purchasers are advised that several countries prohibit the importation of property containing materials from endangered species, including but not limited to coral, ivory, tortoiseshell and crocodile. Accordingly, prospective purchasers should familiarize themselves with relevant customs regulations prior to bidding if they intend to import this lot into another country.
    This property has been sourced from overseas. When auctioned, such property will remain under “bond” with the applicable import customs duties and taxes being deferred unless and until the property is brought into free circulation in the PRC. Prospective buyers are reminded that after paying for this lot in full and cleared funds, if they wish to import this lot into the PRC, they will be responsible for and will have to pay the applicable import customs duties and taxes. The rates of import customs duty and tax are based on the value of the goods and the relevant customs regulations and classifications in force at the time of import. The final amounts will be determined by PRC Customs and other competent authorities at the time of import. Neither Christie’s nor the seller warrants or guarantees the accuracy of this information and we are not responsible in any way for any errors or omissions. Potential buyers are responsible for satisfying themselves as to the amount of import customs duty and tax payable for lots which they buy and intend to import into the P