Patek Philippe: Happy New Year Collection

The Patek Philippe Gondolo Chronometro reference 5098P is a tonneau-shaped wristwatch that draws direct inspiration from the legendary Chronometro Gondolo pocket watches commissioned by the Brazilian retailer Gondolo & Labouriau in the early 20th century. First released in platinum in 2007, followed by a rose gold variant (5098R) in 2009, this model reinterprets the classic form with contemporary craftsmanship while preserving the Art Deco spirit of the original.

The case is crafted from 950 platinum, measuring approximately 32.3 x 42 mm in its distinctive tonneau form. It houses the manual-winding Caliber 25-21 REC, a rectangular form movement specifically designed to mirror the architecture of the case — visible through the sapphire case back. Unlike round calibers fitted with spacers, the 25-21 REC fills its housing with purpose-built elegance, a detail that resonates deeply with movement purists. The guilloché dial with its intricate engine-turned pattern pays homage to the decorative arts tradition of the 1920s originals.

The 5098P occupies a special place among collectors who value Patek Philippe's shaped watches and the historical connection to the Gondolo & Labouriau era. Its limited production run and the deliberate use of a form-fitted movement make it a connoisseur's choice within the Gondolo collection, offering an alternative to the more widely known rectangular references like the 5124.