Important Watches: Part I
Important Watches: Part I
Property of an Important British Collector
Reference 5004P-021 | A platinum perpetual calendar split-second chronograph wristwatch with moon phases, 24-hour and leap year indication | Circa 1998
Auction Closed
November 10, 01:01 PM GMT
Estimate
160,000 - 280,000 CHF
Lot Details
Description
Dial: silvered
Calibre: cal. CHR 27-70 Q manual winding, 28 jewels
Movement number: 879’782
Case: platinum, screw-down sapphire crystal display case back
Case number: 4’080’782
Closure: platinum Patek Philippe folding clasp
Size: 36.5 mm diameter
Signed: case, dial and movement
Box: yes
Papers: yes
Accessories: Patek Philippe Certificate of Origin, setting pin and presentation case
Please note the leather strap derived from endangered species is for display purposes only and is not sold with the watch. The watch will be shipped with a Sotheby’s branded calf leather strap.
The 'split seconds chronograph,' or 'rattrapante,' is one of the most fabled complications in horology. Philippe Stern, former president of Patek Philippe, recounted the arduous process of adapting the Lemania 2310 caliber for reference 5004, a movement never intended to receive the split seconds complication. This proved a difficult task and over its production period three different variations of the movement were manufactured to increase its reliability, easy to differentiate when observing the isolator wheel, shaped like an octopus. With three variations, the movement of the present watch belongs to the second iteration of the movement. With movements automatically upgraded to the third variation when taken into a service, the configuration of the present lot has become rare and highly desirable within the family of 5004 connoisseurs.
Discontinued in 2012 and subsequently replaced by a larger model with in-house caliber, reference 5004 quickly obtained its now legendary status for offering the coveted complication and movement in classic sizing. Platinum examples, such as the present watch, are exceedingly rare. Rarer still are the -021 sub-references with silvered dial, as confirmed on the certificate. The case and dial combination coupled with the cult status among collectors makes this watch a true treasure to behold.