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Sotheby’s Hong Kong Important Watches Spring Sale 2014

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Posted March 9, 2015 by GC Privé Editor in Prive


Sotheby’s Hong Kong Important Watches Spring Sale 2014 will take place on 8 April at the Hong Kong Convention and Exhibition Centre.

Following the huge success in 2013 with a spectacular annual total of HK$458.7 million / US$58.8 million, the highest for the category in Asia, the April sale will open the season with a selection of watches of the utmost quality and importance to satisfy collectors’ different desires and tastes, featuring a large variety of world-class brands and renowned independent makers.

Extraordinary pieces, ranging from highly complicated tourbillon and minute repeating wristwatches by Patek Philippe and other important watchmakers, to spectacularly crafted enamel watches as well as innovatively designed timepieces, will be showcased in the April auction to express time in the most impressive way. Altogether this sale will offer approximately 480 lots estimated in excess of HK$100 million / US$12.8 million.


Patek Philippe, A Superb And Extremely Rare Platinum Minute Repeating Instantaneous Perpetual Calendar Tourbillon Wristwatch With Leap Year And Day/Night Indication Ref. 5207P-001 Made In 2013

Est. HK$5.2 – 6.2 million / US$670,000 – 790,000

Launched at the Basel fair in 2008, the Ref. 5207 is revered as the third most complicated wristwatch by Patek Philippe and one of the most unobtainable timepieces in the world. Combining complications namely minute repeater, tourbillon and instantaneous perpetual calendar, it is the result of five years’ hard work by brand’s top-calibre engineers. Composed of 549 parts, the movement is developed based on the popular calibre R TO 27 PS used in the firm’s Ref. 3939, but with a new perpetual-calendar module with two patented improvements.

The month, day, date, and leap year are shown in apertures and engineered to advance instantaneously and synchronously at midnight – an extremely challenging additional complication relying on the flawless interaction of 212 individual parts. The other two main functions of the Ref. 5207, tourbillon and the minute repeater with its divine sonority are also highly praised by collectors. This is the third example of the Ref. 5207 to appear at auction and the first sealed in original packaging, which will certainly crown a distinguished collection for many years to come.

Patek Philippe, A Very Rare And Important Platinum Minute Repeating Tourbillon
Wristwatch With Breguet Numerals And Enamel Dial Ref. 3939P Circa 2009

Est. HK$2.2 – 3.2 million / US$280,000 – 410,000

Launched in 1993 and discontinued in 2011, the Ref. 3939 is considered one of the most elegant and subtle of the Patek Philippe grand complication timepieces. The movement, calibre RTO 27 PS composed of 336 parts incorporates two of the most coveted complications, namely the minute repeater and the tourbillon. The minute repeater’s unparalleled resonance and exquisite tone will impress even the most discerning collector.

Concealed at the back to minimise exposure to ultraviolet light and improve its longevity and accuracy, the tourbillon can be admired through the sapphire crystal. Measuring 33 mm in diameter, the Ref. 3939 with an enamel dial and Breguet numerals defies the recent trend for larger dials and is a perfect modern example of Patek Philippe’s timeless aesthetics.

A yellow gold example of the Ref. 3939 sold for a world record price of HK$4.22 million at Sotheby’s Hong Kong in October 2011, while a unique version with black dial fetched an astounding €1.4 million at the Only Watch charity auction in Monaco.

Patek Philippe, A Very Fine, Rare And Important Yellow Gold Automatic Minute Repeating Perpetual Calendar Wristwatch With Moon-Phases And Leap Year Indicators Ref. 3974J Made In 1991

Est. HK$2.2 – 3.2 million / US$450,000 – 580,000

Launched in 1989 to celebrate Patek Philippe’s 150th anniversary, the Ref. 3974, featuring minute repeater and perpetual calendar functions, 24-hour indicator and wound automatically via a 22k gold rotor, is the most complicated manufactured for the era.

Packing 467 parts within a diameter of just 28 mm and thickness of only 7 mm, the selfwinding movement Calibre R 27 Q demonstrates Patek Philippe’s brilliant miniaturisation of the complications while retaining the pure and crisp tone of the repeater that the company is now famous for.

The case was made by the famous master casemaker Jean-Pierre Hagmann of Geneva and stamped with the hallmark “JPH”. Available in 18k yellow, pink, white gold and platinum, the Ref. 3974 was discontinued in 2002 with a total production believed to be no more than 100 to 120 examples in all metals.

Patek Philippe, A Fine And Extremely Rare Cushion-Form Platinum Perpetual Calendar
Single Button Split Second Chronograph Wristwatch Ref. 5951P Made In 2013

Est. HK$3.5 – 4.5 million / US$ 440,000 – 570,000

Launched at the Basel fair in 2010, this monopusher rattrapante chronograph wristwatch Ref. 5951 with perpetual calendar represents the innovative vision of Patek Philippe, the canon of traditional watchmaking. Boasting an overall thickness of only 7.3 mm, the movement of the Ref. 5951 is the brand’s thinnest rattrapante chronograph with perpetual calendar.

The dial, packing in no fewer than 12 easily readable indications, is both sporty and contemporary which is completely new in Patek Philippe designs. The cushion-form case is reminiscent of the manufacture’s first splitseconds chronograph with Art Deco design dating back to the 1920s.

Produced exclusively in platinum, the Patek Philippe Ref. 5951 makes its auction debut in pristine condition, providing a fantastic and rare opportunity for the most faithful collectors of the brand.