Lot 28
  • 28

Patek Philippe

Estimate
200,000 - 300,000 USD
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Description

  • A FINE AND RARE PLATINUM SPLIT SECOND CHRONOGRAPH PERPETUAL CALENDAR WRISTWATCH WITH REGISTER AND LEAP YEAR INDICATION CIRCA 1995 REF 5004 MVT 879535 CASE 2963350
  • Platinum
  • diameter 36 mm
• cal. 27-70 Q manual winding nickel lever movement stamped with the Geneva seal, 28 jewels • silvered dial, Arabic numerals, three subsidiary dials indicating constant seconds 24 hour, leap year indication with 30 minute register, moon-phases with date, apertures for day and month • fluted lugs, split second chronograph activated through a pusher in the crown, screw-down sapphire crystal case back • case, dial and movement signed • with a platinum Patek Philippe buckle 

Provenance

Reginald H. Fullerton, Jr.

Condition

The movement is running at the time of cataloguing, and the calendar correctors and split chronograph is functioning correctly, however it may require service soon. The dial shows no visible imperfections. The case has not been polished and it does show scuffs from moderate wear with a very small nearly imperceptible ding to the upper left lug, however if desired this could be buffed out. The strap of this watch contains endangered species; please see Important Notices for further information.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping.

Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."

Catalogue Note

Accompanied by a Certificate of Origin, presentation box, outer packaging, leather folder with product literature, spare platinum case back, strap and setting tool.

Purchased by Mr. Fullerton in June of 2002 and signified the most complicated perpetual calendar wristwatch in his collection.

Exemplifying the true art of watchmaking, the Ref. 5004 is the ultimate example of understated horology. The production of the Ref. 5004 commenced in 1995 and had a long run until it was finally retired in 2009. The reference also had the distinction of employing the last non-Patek Philippe in house chronograph calibre which was produced for them by Nouvelle Lemania.

The present example belongs to the first series of this model, with the movement numbers between 879501-879999, placing the present example at the earliest part of the production range.

Composed of 407 parts, the watch houses a calibre CHR 27-70Q, and ingeniously combines a split seconds chronograph and perpetual calendar functions. The split seconds chronograph allows the simultaneous measurement of multiple events beginning at the same time and employs Patek Philippe's patented split seconds disengagement mechanism, accurate within a fraction of a second. The perpetual calendar function features a 24-hour display, leap year indication and precision moon-phases device.

For an example of the reference see,  M. Huber and A. Banbery, Patek Philippe, wristwatches, p. 312, Vol. II, Second Edition.