PATEK PHILIPPE | REFERENCE 5020 A PINK GOLD PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON PHASES, 24 HOURS AND LEAP YEAR INDICATION, MADE IN 1999

Dial: opalineCalibre: cal. CH 27-70 Q mechanical, 24 jewelsMovement number: 3'045'147Case: 18k pink gold, snap on sapphire crystal display backCase number: 2'956'242Closure: brown Patek Philippe alligator strap and 18k pink gold folding claspSize: 37 mm widthSigned: case, dial and movementAccessories: Patek Philippe Certificate of Origin, additional case back, setting pin, instruction manual and presentation box. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present watch with opaline dial and Breguet numerals in 1999 and its subsequent sale on 29 May 2000

The movement is in working condition at the time of cataloguing. The perpetual calendar and chronograph functions are working properly. The dial is in excellent overall condition. The watch with minor surface wear to the case visible with the naked eye, however nothing major. The case with crisp hallmarks under the lugs. The bottom right lug with surface scratches to the back from removing the straps. The folding clasp with surface wear. 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."

Fitted with a distinctive tonneau-shaped case, the distribution of reference 5020 began in 1994. Commonly referred to as the ‘television’set in reference to its shape, the reference 5020 had a relatively short production run as a result of its relatively weak demand on the market. The reference 5020 has gained in popularity in recent years and as all watch collectors know, very limited pieces were made due to its tepid response at the time of production. To the best of our knowledge, reference 5020 is one of the rarest perpetual calendar chronographs made by Patek Philippe in a series. Complete with all original accessories, the present watch offers a very healthy investment opportunities for the collectors of fine watches and has been retained in very nice and original condition.