1/16
Winning Bid

$31,000

49 bids

No reserve
Auction Ended
06/15/22
On Jun 15, 4:05 PM UTC
Lot #1483

Patek Philippe 5040P-014 Perpetual Calendar

This auction is subject to a 10% buyer’s premium on top of final bid amount (hammer price).

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Introduction

Released in 1992 and produced primarily in yellow gold until its discontinuation in 2007, the platinum variant ref. 5040P that we have here is understated, elegant, and incredibly rare. The first tonneau-shaped perpetual calendar watch from Patek Philippe, clearly inspired by the Art Deco movement and Abraham-Louis Breguet, it was the first serially produced wristwatch from the brand to carry both, Breguet numerals and Breguet hands. Described by many seasoned collectors as one of the most overlooked complication pieces from Patek, the ref. 5040's dial is as legible as they come. Sporting clear script throughout its three subdials, and a circular railroad-style minute track along the glossy black dial's periphery, the ref. 5040 is a visual treat with something taking your eye's interest no matter where you look. While it is covered by a solid platinum caseback, within its 35mm case lies one of the finest perpetual calendar movements Patek ever produced, the automatic cal. 240Q. This allows each subdial to feature two individual pieces of information. The subdial at 9 o'clock provides the wearer with a day indication and 24-hour clock, while the subdial at 6 o'clock provides the wearer with a moon phase indicator and day of the month display, and the 3 o'clock position includes the month and leap year indicator. An intricately designed watch, from its physical construction to its displays, the ref. 5040P is easily one of the most refined Grand Complication timepieces to ever leave the Patek Philippe workshop.

Loupe This Scorecard

Grade

M 9

Status

Vetted & Approved

Included

Watch and papers

Est. value range

$30,000 – $50,000

The Details

Brand

Patek Philippe

Dimensions

35.25mm x 35.6mm

Model

Grand Complications Perpetual Calendar

Movement

Automatic cal. 240Q

Reference

5040P

Bracelet

Crocodile strap

Year

2006

Condition

Near-Mint

Material

Platinum

Included

Watch and papers

Dial Color

Black

THE DIAL

Featuring a jet black glossy dial with Breguet numerals and Breguet hands, the 5040P's display is wonderfully refined with a plethora of information across its three calendar subdials.

THE CONSTRUCTION

The first Patek Philippe to sport a tonneau-shaped case, the 5040P's platinum case is entirely wearable and incredibly comfortable for most wrist sizes.

TIMING MACHINE READOUT

This reading was taken (crown down) with a ONEOF Accuracy Boutique Edition timing machine at time of cataloging. It is provided as a courtesy only, and shall not be construed as a warranty or guarantee of any kind. Please refer to our terms and conditions of sale for more information.

Condition

In near mint and well preserved condition. The case with very good proportions and definition. With only very light surface wear and very crisp hallmarks. The case back with service sticker. The deployant buckle with slight surface wear and the watch is complete with its original certificate. Watch was born with a silver Breguet dial as noted on the guarantee. It was subsequently swapped at service for a black Breguet dial.

Please Note: Due to CITES considerations, if the watch is to be shipped outside of the USA, the exotic skin strap will have to be removed.

Our Perspective

An iconic complication within Patek's repertoire, the 5040P is an icon on account of its tonneau case and notable inspiration from Abraham Louis Breguet, one of watchmaking's finest watchmakers.

Eric Ku

Co-founder

Lot # 1483

Patek Philippe 5040P-014 Perpetual Calendar

Sold

$31,000

Ended
06/15/22