In 2013, Swiss watch manufacturer Patek Phillipe added to its status as one of the world’s most expensive brands when one of its creations, a 5004T wristwatch, fetched a staggering 2,950,000 Euros (or USD $3.9 million) at auction.
The wristwatch was just one of 30 other lots up for auction but, none-the-less managed to pull in nearly half of the event’s total yield of 5,066,000 Euros. How a simple wristwatch fetched such a premium price owes much to the history and reputation of its maker, Patek Phillipe.
Before we get into the technicalities of the 5004T, the first thing to mention is its design. At 36.7mm wide, the 5004T is relatively small in comparison to most modern-day men’s wristwatches and bears a much sportier overall appearance than most Patek creations. In terms of its dial, we’re looking at a monochrome, checkered- board motif that’s been hand produced and engraved from solid gold. 18k white gold Arabic numeral hour markers complete the elegant finishing.
As A Blog to Watch comments, the sporty appearance is carried through on the watch-strap. Made from butter-soft calf leather with a weaved fiber top and contrast red stitching (which just so happens to complement the red second’s hand marker), the strap’s sporty aesthetic marks something of a departure from Patek’s traditionally elegant, classic designs. Whether or not this was intended to emphasize the novel nature behind its creation, who can say. Completing the list of features is a moon phase indicator, a 12-hour split-second chronograph, a perpetual calendar, a solid titanium case back
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