Patek Philippe

• Cal. R. 27 PS, circular automatic nickel lever movement stamped with the seal of Geneva, 41 jewels, 22k gold micro-rotor, minute repeating on two gongs • silvered dial, applied Breguet numerals, apertures for day, leap year indication and month in English, fan-form aperture for moon-phases combined with subsidiary seconds, retrograde sector for date • tonneau case, stepped chamfered bezel, minute repeat slide to band, solid snap back • case, dial and movement signed • platinum Patek Philippe buckle

In nearly untouched condition. The movement is running at the time of cataloguing, however it may require service soon. The dial shows no visible imperfections. The case shows very few nearly imperceptible surface scuffs. The strap of this watch contains endangered species; please see Important Notices for further information. Accompanied by an Extract from the Archives confirming the date of sale on 15 February 2005.
"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."

Accompanied by a Patek Philippe presentation portfolio for Reference 5013, including the Certificate of Origin dated January 2005 and written instructions.  Additionally with a matching setting pin. Also with an Extract from the Archives confirming the date of sale on 15 February 2005.

Reference 5013 was launched in 1992 and is one of the most complex wristwatches ever made by Patek Philippe, with a total of 515 parts. Production ceased in 2011.

During the early part of the 20th century, Patek Philippe produced a small number of minute repeating wristwatches. To celebrate the company's 150th Anniversary in 1989, the firm produced a minute repeating wristwatch, the first to feature an automatic calibre. This innovation led to the development of the Reference 5013, the first minute-repeating wristwatch to feature an automatic movement combined with perpetual calendar with retrograde date indication.

The retrograde date hand moves along a 270 degree arc and at midnight of the last day of each month, it flies back to the first of the month. During this precisely controlled fly-back phase, the hand is disconnected from the drive train and is cleverly captured back on the 1st of the month to ensure it does not slip forward by a day.

The case of the Reference 5013 pays homage to one of the most important watches sold in recent auction history: no. 97589, the tonneau-form minute repeating wristwatch in yellow gold, made for Henry Graves, Jr. Sold by Sotheby's New York in June 2012 for nearly three million dollars. Another well-known example, no. 198.212, made in a platinum tortue case for Henry Graves, Jr., is illustrated in Huber, M. & Banbery, A., Patek Philippe Wristwatches, Second Edition, p.315, pl. 470a-d. This watch is exhibited in the Patek Philippe Museum.