Patek Philippe

This week at the Philips auction in New York, all eyes will be on Paul Newman's Daytona. I noticed though that a very rare Patek Philippe will be auctioned, which for me personally, is my favourite watch of all time. That is quite a sweeping statement but I have coveted the 5029R since its introduction in 1997 to commemorate Patek's new factory at its new site. Issued in only 30 pieces, 10 each in yellow, rose and white gold, I was particularly partial to the rose gold model. The watch was unaffordable then and its estimate at this week's auction indicate that the watch has probably doubled in price if not more. 









Notice the way the hinge for the case back surrounds the crown

In fact I was going through the auction houses' sites last weekend and once I saw this I felt it was your cup of tea 😃

Sometimes I wished there was a way to travel back in time to net these exquisite pieces!

All the best if you're bidding.

I would love to bid for this watch but it is way out of my budget and is likely to always remain that way unless I find oil in my back garden! (a lot of oil!!!)

....the Breguet numbers applied and the hands are a wonderfull classic, though...

I guess I am so captivated, with what in my opinion is the perfect dial and case size, that I would be willing to forego the finishing of Dufour or Smith to secure this watch The finishing is still excellent though, by my standards perhaps.

My other qualm is that some of these bridges feel too "modern" for a classical grand complication - with the recesses in bridge meant for the rotor, it feels made more cnc than by hand.
Regards,
skyeriding

if the finishing of Patek's minute repeaters has changed a lot in the last 20 years. I am assuming that over the last two decades, the demand for finely finished watches has increased dramatically so Patek would also have followed suit.

Even the crown doesn't exite me, too "rich"
The finishes, in my opinion, are inferior to the very high cost!

It is amazing though that this has not stopped the watch from doubling in price over the last 20 years. I will put this down to the watch being a very rare Patek which automatically guarantees its eternal value

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Rose gold Pateks normally chime pretty distinctively but that was my experience with the 7000R

Best wishes

Alkiro

There are many Patek minute repeaters that I like - the 5539, the 5078, the 7000 but I just adore the 5029R due to its military watch case, Breguet hands and numerals. I have a weakness for these

Best wishes

Alkiro

Claudio is a purveyor of finely finished watches and he has argued that there is an unjust corellation between the quality of the movement and the cost of the watch. I must confess that my knowledge of fine finishing is not as advanced as Claudio's so I am quite happy with a lovely looking watch with excellent but not necessarily near perfect finishing. It is almost like falling in love with a beautiful woman who may be lacking in other areas

Best wishes

Alkiro

Patek would make a minute repeater like this again and who knows what I might do to secure it this time

Best wishes

Alkiro

sham1,

Wow!  To choose it over a Roger Smith?

You must be afflicted with lust in your retirement

Still, I would agree with you so I'm in the same boat for different reasons.

We still get to the same conclusion.

I like the "simplicity" of this PP 5029.

Regards,

MTF

I am too biased when it comes to the 5029R and on a separate note, I lust for all beautiful things, this being one of the most beautiful (in my eyes anyway). It is a watch that is so me (price aside )

I was in awe in 1997

that reading your posts, our taste in watches is not too dissimilar!

This is a very interesting timepiece I am not too familiar with, the rose gold Breguet numerals set against that shade of enamel dial is sublime!!!! I love the crown shape and the way the wrap around detail at the base.

It's elegant simplicity is very similar to the recent SIHH 2017 release of the 5078 and 5178, but the light rose gold hue makes it extra special 😍

you appreciate the dial as much as I do. Very similar to the 5078/5178 but somehow in rose gold the 5029 looks even more elegant. It is watch which to me has the X factor!!

and making dials that one lusts for is one of them. I can understand your near adoration for this piece-the dial, the complication and the size. I might feel the same way if it was a bit bigger. And the finishing is equal to all but the best-so no real loss there. Go ahead and bid.

But I am afraid the watch is way out of my budget but I would be eternally grateful if you do bid and pay on my behalf and I will pay you by instalment over the next 15 years. Obviously, you will have the freedom to enjoy the watch for 15 years

I'll let you know if I win.

I have little doubt that you will win!!

It only sold for USD375k, back pocket money for you

Look at that. A perfect watch.