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Lot Essay
With Patek Philippe Extract from the Archives confirming production of the present watch in 1999 and its subsequent sale on January 17th of the following year. Further accompanied by a Patek Philippe presentation box with engraved plaque, and outer packaging.
Reference 5032 was produced from 1995 through 2001, and in 2000, a special "Millennium" series was produced in a limited edition of 100 examples. Known as the reference 5032-012, it was one of the smallest series ever produced from an Anniversary or Commemoration.
Watch companies have a grand tradition of celebrating anniversaries with the release of a limited edition watch, with Patek Philippe being no exception. From the complicated Caliber 89, produced in 1989 to mark the 150th Anniversary of Patek Philippe, to the recent reference 5396 released to celebrate the five year anniversary of Patek Philippe opening their first US boutique in the flagship Tiffany & Co. on New York's Fifth Avenue, Patek Philippe limited edition watches celebrating an anniversary or commemoration are highly anticipated and desired by collectors.
Some of Patek Philippe's limited editions were produced in various metals, with smaller production numbers in platinum, the most precious of metals. Others were produced in a single metal, with the dial being different than that of the standard production model. The present reference 5032-012 is number 17 in a limited series of 100 examples, one of the smallest limited series produced by the firm. It differs from the standard production 5032 in a number of ways, the first being the shape of the numerals - dagger as opposed to baton, and the addition of a single Breguet numeral 2. The dial also features minute divisions on an outer ring, with Arabic five-minute divisions, while the standard dial features outer beady minute divisions. The sloped and polished bezel, as opposed to the rounded or stepped version, gives the watch a completely different look. Lastly, the cabochon ruby-set crown is a charming and different twist on a standard crown.
Patek Philippe's watches that celebrate an Anniversary or Commemoration are highly collectable, and new models are always eagerly anticipated.
Reference 5032 was produced from 1995 through 2001, and in 2000, a special "Millennium" series was produced in a limited edition of 100 examples. Known as the reference 5032-012, it was one of the smallest series ever produced from an Anniversary or Commemoration.
Watch companies have a grand tradition of celebrating anniversaries with the release of a limited edition watch, with Patek Philippe being no exception. From the complicated Caliber 89, produced in 1989 to mark the 150th Anniversary of Patek Philippe, to the recent reference 5396 released to celebrate the five year anniversary of Patek Philippe opening their first US boutique in the flagship Tiffany & Co. on New York's Fifth Avenue, Patek Philippe limited edition watches celebrating an anniversary or commemoration are highly anticipated and desired by collectors.
Some of Patek Philippe's limited editions were produced in various metals, with smaller production numbers in platinum, the most precious of metals. Others were produced in a single metal, with the dial being different than that of the standard production model. The present reference 5032-012 is number 17 in a limited series of 100 examples, one of the smallest limited series produced by the firm. It differs from the standard production 5032 in a number of ways, the first being the shape of the numerals - dagger as opposed to baton, and the addition of a single Breguet numeral 2. The dial also features minute divisions on an outer ring, with Arabic five-minute divisions, while the standard dial features outer beady minute divisions. The sloped and polished bezel, as opposed to the rounded or stepped version, gives the watch a completely different look. Lastly, the cabochon ruby-set crown is a charming and different twist on a standard crown.
Patek Philippe's watches that celebrate an Anniversary or Commemoration are highly collectable, and new models are always eagerly anticipated.