PATEK PHILIPPE | REF 5235WHITE GOLD ANNUAL CALENDAR WRISTWATCH WITH REGULATOR DIALCIRCA 2015

Dial: silvered Calibre: cal. 31-260 automatic, 29 jewels Movement number: 5'625'207 Case: 18k white gold, snap-on sapphire crystal display back Case number: 6'021'332 Closure: Patek Philippe crocodile strap and 18k white gold buckle Dimensions: 40 mm Signed: case, dial and movement Accessories: Patek Philippe Certificate of Origin, instruction manual, setting pin and presentation case

MVT: is running at the time of cataloguing and the calendar advancing. CASE: overall in good condition with sharp lugs and crisp hallmark on the back, however, there is substantial abrasion clearly visible on the bezel at 9 o'clock and there are more surface marks visible throughout. DIAL: in great condition. Please note that the movement has not been tested for the accuracy of time and may need a service at the buyer's expense. Sotheby's does not guarantee the future working of the movement and we do not guarantee the authenticity of any individual component parts since subsequent repairs and restoration work may have resulted in the replacement of original parts. You are advised that watch straps or bands made of materials derived from endangered or otherwise protected species (i.e. alligator or crocodile) are not sold with the watch and we reserve the right to remove these straps or bands prior to shipping. Furthermore, the watch may not come with its original manufacturers strap or band. Prospective bidders should review the Conditions of Business, Authenticity Guarantee, the Guide for Prospective Buyers, and any Important Notice in the sale catalogue.
"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."

Patek Philippe took the horological world by storm upon revealing the ref. 5235 at Baselworld in 2011. Collectors appreciate the case design which is highly reminiscent of the vintage reference 3448, yet the 5235 combines an annual calendar complication with a regulator time-display.

The present white gold example blends perfectly compatible colours, such as grey and blue. It is estimated that less than 20 pieces have come back to the market since the reference's discontinuation, making this a rare watch. Patek Philippe currently only offers a pink gold version of this timepiece, released in 2019 and replacing the white gold reference in the catalogue.