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Patek Philippe. A Fine and Very Rare Platinum Cushion-Shaped Perpetual Calendar Chronograph Wristwatch with Moon Phases and Breguet Numerals

Signed Patek Philippe, Genève, Ref. 5020P, Movement No. 3'046'359, Case No. 2'956'188, Manufactured in 2001

Details

Patek Philippe. A Fine and Very Rare Platinum Cushion-Shaped Perpetual Calendar Chronograph Wristwatch with Moon Phases and Breguet Numerals
Signed Patek Philippe, Genève, Ref. 5020P, Movement No. 3'046'359, Case No. 2'956'188, Manufactured in 2001
Movement: Manual, Cal. CH 27'70Q, 24 jewels
Dial: Silvered, Breguet numerals, day and month in English, three subsidiary dials
Case: Platinum cushion-shaped, snap on back, 37mm width, 45mm overall length
Buckle: Patek Philippe platinum buckle
Accompanied By: A setting pin, a Patek Philippe Certificate of Origin dated April, 2002, A Patek Philippe Extract from the Archives confirming date of sale on December 13, 2001, product literature, a Patek Philippe leather envelope, a Patek Philippe presentation box and outer packaging

Provenance

Property of a New York Gentleman

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 and tortoiseshell. Accordingly, prospective purchasers should familiarize themselves with relevant customs regulations prior to bidding if they intend to import this lot into another country.

Sale room notice

Please note the present watch has a solid case back, not a sapphire crystal display case back as stated in the printed version of this catalog.

Lot Essay

Reference 5020 was in production from 1994 until 2002, and available in yellow, pink, and white gold, as well as platinum. It is believed that less than 600 examples of this reference were ever made. Of all the colors made, platinum is considered one of the rarest variants and is considered a holy grail of watch collections today. Thanks to its generous proportions, reference 5020 is easily distinguishable from other Patek Philippe wristwatches and takes a unique position in the production of perpetual calendar chronographs.

This example was made in 2001 and is one of the last examples of the 5020P to ever be produced. While no one but Patek Philippe knows exactly how many platinum examples were ever produced, less than 10 examples in platinum have ever surfaced publicly for sale to date and strong prices to compete to own complete examples are the norm at auction today.

This example is offered from the original owner who purchased the watch at Hausmann Jewelers in 2001. Please note, platinum versions of the reference 5020 were not manufactured with an extra solid case back. To the best of our knowledge the present watch has never before been offered in public.
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The model is illustrated in Patek Philippe Wristwatches by Martin Huber & Alan Banbery, second edition, p. 309.

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