Patek Philippe. A fine and extremely rare stainless steel manual wind split second single button chronograph Ref: 5950A, Purchased 16th November 2011

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Lot 58Y
Patek Philippe. A fine and extremely rare stainless steel manual wind split second single button chronograph
Ref: 5950A, Purchased 16th November 2011

Sold for £ 144,000 (US$ 203,731) inc. premium
Patek Philippe. A fine and extremely rare stainless steel manual wind split second single button chronograph
Reference: 5950A
Date: Purchased 16th November 2011
Movement: 27-jewel Cal.27-525 PS manual wind, adjusted to heat, cold, isochronism & 5 positions, No.525117
Dial: Silvered, applied black coated white gold Breguet numerals, black outer 1/5th second and minute track, black flourishes to each corner, subsidiary dials at 3 and 9 for seconds and 60 minute recording, black leaf hands, black centre split second hands
Case: Polished cushion form, snap on exhibition back, start/stop/reset set within crown, split second button at 2, No.4541753
Strap/Bracelet: Dark brown Patek Philippe alligator leather
Buckle/Clasp: Signed steel buckle
Signed: Case, dial & movement
Size: 36mm
Accompaniments: Patek Philippe box, outer card, Extract from the Archive

Footnotes

  • When it was launched at Baselworld in 2010, the 5950A turned heads. The single-button, split second chronograph is powered by the revolutionary Calibre CHR 27-525PS. The movement, which was first used in the 5959P is, to this day, still the thinnest column-wheel chronograph calibre ever made. At just 5.35mm it is an exquisite feat of the finest watchmaking. Movements like this are the reason Patek Philippe are so revered.

    Despite its relatively young age, this piece is already a tried and true collector's item. The 5950A is an Application piece, meaning it was only ever made for and sold to Patek's best clients. Its limited production making it exceptionally difficult to find.
    The watch's distinctive design only further improves its desirability. While most complicated Pateks are fashioned from precious metals, this reference is crafted in stainless steel, a surprising, but welcome deviation from the norm. The classic raised Breguet numerals and belle epoque flourishes seamlessly compliment the modern aesthetic of the case making the watch timeless and modern.

    With such consistently strong numbers at auction, this model is the ultimate collector's piece. It is already cemented as one of the most impressive pieces from, arguably, the most important manufacturer.
Contacts
Patek Philippe. A fine and extremely rare stainless steel manual wind split second single button chronograph Ref: 5950A, Purchased 16th November 2011
Auction information

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Buyer's Premium Rates
27.5% on the first £10,000 of the hammer price;
25% of the hammer price of amounts in excess of £10,000 up to and including £450,000;
20% of the hammer price of amounts in excess of £450,000 up to and including £4,500,000;
and 14.5% of the hammer price of any amounts in excess of £4,500,000.

VAT at the current rate of 20% will be added to the Buyer's Premium and charges excluding Artists Resale Right.

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