Yasuharu Abe's Patek Philips Theory - No. 187 - Held on November 24th and 25th! [PHILLIPS] Auction in Hong Kong

Good evening everyone.

This time, on November 24th (Friday) and 25th (Saturday) PHILLIPS to be held in Hong Kong We will introduce some noteworthy models that will be up for auction at the watch auction. Let's take a look!

*The price is the winning auction price plus a commission fee (27%).
*The Japanese yen rate will be based on the most recent exchange rate at the time of the auction.
*HKD (Hong Kong dollar) = 19.32 yen
*All images are from PHLLIPS

Lot.810
"Perpetual Calendar Chronograph" 18KWG
"Ref.5970G-001"

*Source: https://www.phillips.com/detail/patek-philippe/HK080423/810

Estimate: HKD 800,000 – 1,400,000
(JPY 15,546,000 – 27,048,000)

The fourth generation "Perpetual Calendar Chronograph" is the "Ref. 5970G-001".

This watch, which was released at Baselworld in 2004, has a beautiful combination of a slightly grayish silver dial and an 18KWG (white gold) case, making it a watch that exudes adult dignity. We have sold this watch in the past in our shop, but it is a popular and rare model that is sold immediately after arrival, so it is one that we would like to keep an eye on to see what the current actual auction market price is.

Lot.842
"Perpetual Calendar Retrograde" 18KRG
"Ref.5059R-017"

*Source: https://www.phillips.com/detail/patek-philippe/HK080423/842

Estimate: HKD 630,000 – 1,250,000
(JPY 12,171,000 – 24,150,000)

The "Perpetual Calendar Retrograde" "Ref. 5059R-017" features an officer's case with a snap-type back case.

This watch has a beautiful finish with a sunburst brown dial and upright Roman indexes. When you open the case back, you can see the Cal.315S-QR movement, which is said to require no calendar adjustment until the end of February 2100. It is an attractive piece from both sides.

Lot.843
"Minute Repeater Perpetual Calendar Retrograde" 18KRG
"Ref.5013R-013"

*Source: https://www.phillips.com/detail/patek-philippe/HK080423/843

Estimate: HKD 2,300,000 – 3,900,000
(JPY 44,436,000 – 75,348,000)

The Minute Repeater Perpetual Calendar Retrograde "Ref. 5013R-013" features multiple complex mechanisms in a tonneau-shaped case.

This watch was produced for about 18 years from 1992 to 2010, and although there is no indication on the dial, it was sold at a Tiffany boutique in New York. With a rare combination of 18KRG (rose gold) case and black dial, and a very interesting history behind the watch, it is a perfect auction piece.

Lot.850
"Perpetual Calendar Chronograph" PT
"Ref.5971P-001"

*Source: https://www.phillips.com/detail/patek-philippe/HK080423/850

Estimate: HKD 1,300,000 – 1,950,000
(JPY 25,116,000 – 37,674,000)

The "Perpetual Calendar Chronograph" "Ref. 5971P-001" is equipped with a Lemania-based movement.

This model with a platinum case and baguette diamond bezel is extremely rare and rarely seen on the market. The black dial gives it a classic look and a dignified presence. This is one model we would love to carry in our store.

Lot.858
"Minute Repeater Perpetual Calendar" PT
"Ref.3974P-001"

*Source: https://www.phillips.com/detail/patek-philippe/HK080423/858

Estimate: HKD 8,800,000 – 17,600,000
(JPY 170,016,000 – 340,032,000)

The Minute Repeater Perpetual Calendar "Ref. 3974P-001" was produced in approximately 120 units between 1989 and 2002.

In addition to the PT (platinum) version, this model is also produced in 18KYG (yellow gold), 18KRG (rose gold), and 18KWG (white gold), but it is said that only about 10 PT (platinum) models were produced. Furthermore, as this particular model is near the end of production, the estimate is set at a staggering amount, and it is one of those models that we are very excited to see whether it will actually reach this amount.

Lot.863
"World Time Cloisonné" 18KRG
"Ref.5131R-001"

*Source: https://www.phillips.com/detail/patek-philippe/HK080423/863

Estimate: HKD 620,000 – 1,100,000
(JPY 11,978,400 – 21,252,000)

The World Time Cloisonné "Ref. 5131R-001" is based on the World Time "Ref. 5130".

The world map in cloisonné in the center of the dial also includes Japan, making this a beautiful model with beautiful colors. It has become increasingly rare to see these models on the market recently, but this one is in a single-sealed condition with the plastic still unopened! It's perfect for both use and as a collection piece, so it's a pretty good deal.

Lot.864
"Perpetual Calendar Chronograph" PT
"Ref.5271/13P-001"

*Source: https://www.phillips.com/detail/patek-philippe/HK080423/864

Estimate: HKD 2,200,000 – 3,800,000
(JPY 42,504,000 – 73,416,000)

The "Perpetual Calendar Chronograph" "Ref. 5271/13P-001" is studded with green emeralds.

This model is extremely luxurious, with 80 baguette-cut emeralds set on the bezel, lugs, and buckle. To make it stand out against the black dial, an emerald is also set at the 12 o'clock index, and the chronograph hand is also set in green, making this a watch with a beautiful contrast between green and black. This model is said to have been produced for a select few of Patek Philippe's customers, so it will be interesting to see how well it is received.

Lot.880
"Perpetual Calendar Chronosplit" PT
"Ref.5004P-041"

*Source: https://www.phillips.com/detail/patek-philippe/HK080423/880

Estimate: HKD 2,600,000 – 5,200,000
(JPY 50,232,000 – 100,464,000)

The Perpetual Calendar Chronosplit "Ref. 5004P-041" was released in 1994 in platinum (PT) specification.

This watch is packed with features that make it look simply "cool" such as the Arabic numerals applied indexes, the in-dial design, and the leaf hands. The slightly small 36mm case and the large crown with split button make it look larger than its actual size, giving it a "big impact" design. The "Ref. 5004" is already rare, but this model features a specially designed dial, making it an extremely rare piece. This watch has an extraordinary presence, and we are excited to see how much it will fetch.

Lot.921
"10 Days Tourbillon" 18KRG
"Ref.5101R-001 "

*Source: https://www.phillips.com/detail/patek-philippe/HK080423/921

Estimate: HKD 700,000 – 1,400,000
(JPY 13,524,000 – 27,048,000)

The "10 Days Tourbillon" "Ref. 5101R-001" is a highly practical watch that features a 10-day power reserve as well as a tourbillon.

With a distinctively shaped case and a tourbillon that can only be viewed from the back, this is a watch that truly embodies Patek Philippe's technical prowess. The first "Ref. 5101P-001" released in 2003 has been sold in our store, but it has also attracted a lot of attention, and we have received many inquiries and have sold out immediately. We would love to carry this 18KRG (rose gold) version as well, and share our impressions of seeing it in person with everyone.

Lot.932
"Perpetual Calendar Chronograph" 18KWG
"Ref.5270G-013"

*Source: https://www.phillips.com/detail/patek-philippe/HK080423/932

Estimate: HKD 550,000 – 1,100,000
(JPY 10,626,000 – 21,252,000)

The "Ref. 5270G-013" is the second generation of the "Ref. 5270" that was released in 2014.

The Ref. 5270 gained popularity due to many changes made to the watch compared to the first generation, such as silver-colored hour and minute hands, sub-dial hands, and indexes, a tachymeter on the outer periphery of the dial, and a change in the design of the sub-dials at 3 o'clock and 9 o'clock. However, despite its popularity, it was only produced for a short period of time, only one year, making it a rare model that many people are still searching for. This watch will become even rarer in the future, so it will be interesting to see how the results of this case turn out.

Lot.933
"Perpetual Calendar Chronosplit" PT
"Ref.5004P-033"

*Source: https://www.phillips.com/detail/patek-philippe/HK080423/933

Estimate: HKD 1,950,000 – 2,750,000
(JPY 37,674,000 – 53,130,000)

The "Perpetual Calendar Chronosplit" "Ref. 5004P-033" is equipped with a Lemania movement.

This watch has an elegant design with diamond indexes on a platinum (PT) case, but it is not too bold and is easy to use. What is particularly noteworthy is that it is in unopened plastic packaging with a single shield and is a high-year model. Watches in this condition are rarely seen on the market, so they are something that can only be found at auctions.

Lot.961
"Perpetual Calendar Chronograph" PT
"Ref.5271/12P-001"

*Source: https://www.phillips.com/detail/patek-philippe/HK080423/961

Estimate: HKD 2,000,000 – 3,500,000
(JPY 38,640,000 – 67,620,000)

The "Perpetual Calendar Chronograph" "Ref. 5271/12P-001" is a luxurious model with rubies scattered all over it.

This model is basically the same as the model introduced in Lot.864, but as you can see, baguette-cut rubies are set in the bezel, lugs, buckle, and index at 12 o'clock. Furthermore, this is a rarer piece in a single-sealed condition with the plastic case still unopened! The estimate is set lower than Lot.864, but it will be very interesting to see what the results will be.

Lot.983
"Nautilus" PT
"Ref.5711/1P-010"

*Source: https://www.phillips.com/detail/patek-philippe/HK080423/983

Estimate: HKD 3,900,000 – 7,800,000
(JPY 75,348,000 – 150,696,000)

The Nautilus Ref. 5711/1P-010 was manufactured and sold between 2012 and 2016 for Patek Philippe's valued customers.

This is a Nautilus with a platinum case that was not even listed in the catalog, and although there are various opinions on the number of pieces, it is a rare example that is thought to be around 50 pieces. We have been fortunate enough to handle this watch in the past, but we are very curious to see how it will be valued at the auction in the current situation.

summary

What did you think.

This time, we have introduced a carefully selected selection of watches that will be auctioned at the PHILLIPS watch auction, which will be held in Hong Kong on Friday, November 24th and Saturday, November 25th. All of the watches are rare and hard to come by, so we are very excited to see how they will turn out. Of course, we will also report the results, so please look forward to the next Patek Discussion.

see you!