patek philippe ref 4958/1j

A Patek Perpetual Calendar Chronograph, Ref. 5020 was recently sold at Antiquorum for $73,000.No. 3045003, (production of this reference started in 1995 and ceased in 2001) is a tonneau-shaped, 18kt yellow gold chronograph with perpetual calendar and moon phases.Movement is the Patek Caliber M27-70 Q stamped with the Geneva Quality Hallmark, rhodium-plated, "fausses côtes" decoration, with 24 jewels, a straight line lever escapement, a Gyromax balance adjusted to heat, cold, isochronism and 5 positions, shock-absorber, and a self-compensating free-sprung Breguet balance-spring.Case dimensions are 37mm x 45 mm.6/3/03

The worldwide economic recession was no where to be seen at Antiquorum's "Important Collector's Wristwatches, Pocket Watches, Clocks and Horological Tools" auction, held May 9-10 in Geneva. The highlight was sale of a vintage Patek Philippe's Ref. 1436 (see photo)--a stainless steel split-seconds chronograph, and one of only two such timepieces known to exist today. The very rare timepiece, produced in 1945, set a world record price for a steel watch by fetching $1,126,932. Overall, Antiquorum's auction featured 331 lots. Of these, 80 percent were sold, netting a total of $5.9 million.> Read more