PATEK PHILIPPE | A FINE AND VERY RARE PLATINUM CUSHION-FORM PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON-PHASES, REGISTERS, BLACK DIAL AND DIAMOND-SET INDEXESREF 5020P-018 MVT 3045848 CASE 2956203 CIRCA 1998

• cal. 27-70Q manual winding movement stamped with the Geneva seal, 24 jewels • black dial, diamond-set indexes, apertures for day and month in Italian, three subsidiary dials indicating constant seconds combined with 24-hour, 30-minute register combined with leap year indication and date combined with moon-phases • platinum cushion-form case, snap-on case back • case, dial and movement signed • with a platinum Patek Philippe folding clasp

Movement in working order when cataloging. Functions are running. Dial and hands are in very good condition. Case in good condition, with the usual scuffs and scratches throughout, especially to the bezel at 6 o'clock, lugs and bands near the perpetual calendar setting pin. Case back with some light noticeable surface scuffs. All diamonds present. Overall in good condition. * Please note that the movement has not tested for the accuracy of time or duration of the power reserve and a service might be required at the buyer's expense. **The strap of this wristwatch is made from an endangered species, please refer to 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."

Accompanied by a Patek Philippe Certificate of Origin, an instruction manual and a presentation box. As an alternative to the classic reference 3970, the 5020 was first introduced in 1994, produced with a dial and case reminiscent of a 1960s television set, which this reference gains the name as the Patek TV set watch. However, it was not a great success for Patek Philippe as collectors at that time were not thrilled with the overall design and large size of this watch. Like with many creations, this watch has begun to be appreciated only after it ceased production in 2002 at estimated production of 150 pieces in total. In retrospect, this is an iconic reference ahead of its time and a trophy for any modern wristwatch collection.

To our best knowledge, there are a total of about 150 watches of 5020 produced in yellow, rose, white gold and platinum. Scholarship recorded less than 20 pieces were cased in platinum.

The present example with black dial and enhanced with diamond indexes, is 1 of the 3 examples known to date. The watch is further presented in excellent overall condition and complete with it Certificate of Origin confirming its beautiful black dial and diamond set markers.