Patek Philippe‘s contribution to the “Only Watch” charity auction is the very unique ref. 5004T, only the fourth known Patek to be produced in titanium, and the first of this series to be made in titanium. The ref. 5004T is no longer in the current collection, so this may be the only chance a collector has to get his hands on it.
This particular auction piece features a split-seconds chronograph and a perpetual calendar. This particular watch has been reworked; a redo of one of the great classics of the Patek Philippe Grand Complications collection, dated between 1995 and 2011.
via Only Watch
The ref. 5004T has a manually wound chronograph’s movement, the caliber CHR 27-70 Q. This movement is based upon the “Nouvelle Lémania” movement. It was produced for Patek Philippe and then it was completely redone in the company’s workshops. This particular movement was also used in the Patek Philipe 5070 chronograph, and a sophisticated split-seconds mechanism and perpetual calendar were added. This drew the total number of parts up to 407.
In fact, all of these features (and because the Patek Philippe being no longer for sale) mean this watch may set an auction record.
As for the actual auction, 2013 is the fifth edition of the Only Watch charity auction. It will take place in Monaco on September 28th. The auction benefits Muscular Dystrophy. Approximately 40 watch makers contribute to the auction, each one adding a unique piece up for bids. All of the auction’s profits will go to fund research of Duchenne Muscular Dystrophy.
Potential bidders know that Patek Phillippe produces some of the top selling watches in the world. It is also one of the most expensive brands on the market. Patek Phillipe as it is today, was founded in 1851. These timepieces are known for Swiss precision–and being among the most complicated watches ever produced.
Patek Philippe’s contribution to the “Only Watch” charity auction is the very unique ref. 5004T, only the fourth known Patek to be produced in titanium, and the first of this series to be made in titanium. The ref. 5004T is no longer in the current collection, so this may be the only chance a collector has to get his hands on it.
This particular auction piece features a split-seconds chronograph and a perpetual calendar. This particular watch has been reworked; a redo of one of the great classics of the Patek Philippe Grand Complications collection, dated between 1995 and 2011.
The ref. 5004T has a manually wound chronograph’s movement, the caliber CHR 27-70 Q. This movement is based upon the “Nouvelle Lémania” movement. It was produced for Patek Philippe and then it was completely redone in the company’s workshops. This particular movement was also used in the Patek Philipe 5070 chronograph, and a sophisticated split-seconds mechanism and perpetual calendar were added. This drew the total number of parts up to 407.
In fact, all of these features (and because the Patek Philippe being no longer for sale) mean this watch may set an auction record.
As for the actual auction, 2013 is the fifth edition of the Only Watch charity auction. It will take place in Monaco on September 28th. The auction benefits Muscular Dystrophy. Approximately 40 watch makers contribute to the auction, each one adding a unique piece up for bids. All of the auction’s profits will go to fund research of Duchenne Muscular Dystrophy.
Potential bidders know that Patek Phillippe produces some of the top selling watches in the world. It is also one of the most expensive brands on the market. Patek Phillipe as it is today, was founded in 1851. These timepieces are known for Swiss precision–and being among the most complicated watches ever produced.
