The story of the Patek Philippe Grand Complications
In 1941 Patek Philippe put a full perpetual calendar and a chronograph into one wristwatch for the first time. Seventy-five years later a steel example of that reference sold for CHF 11,002,000, and in 2019 a steel Grandmaster Chime reached CHF 31 million.
Chapters
- 2016 to 2019Auction records fall
A steel Ref. 1518 from 1943 sold at Phillips Geneva in November 2016 for CHF 11,002,000, a record for any wristwatch at the time. Three years later a unique steel Grandmaster Chime Ref. 6300A-010 sold for CHF 31 million at Christie's for Only Watch.
- 2011 to 2014In-house calibres and the Grandmaster Chime
The 41mm Ref. 5270 of 2011 brought the first entirely in-house perpetual calendar chronograph movement, the CH 29-535 PS Q. For the 175th anniversary, Patek made the Grandmaster Chime Ref. 5175 with 20 complications in only seven examples.
- 1989 to 2000Calibre 89 and Star Caliber
For its 150th anniversary in 1989 Patek built Calibre 89, with 33 complications and 1,728 parts, ending the Graves watch's reign. The Star Caliber 2000 followed with 21 complications and 1,118 parts.
- 1986 to 2011Lemania base, bigger cases
Ref. 3970 took over in 1986 on a heavily modified Lemania 2310, adding leap year and 24-hour indications. In 2004 the 40mm Ref. 5970 replaced it with the same calibre and a tachymeter scale.
- 1941 to 1985Perpetual chronographs reach the wrist
Ref. 1518 arrived in 1941 as the first wristwatch with a full perpetual calendar and chronograph; 281 were made until 1954. Its successor, Ref. 2499, ran from the early 1950s to 1985 with 349 pieces built.
- 1923 to 1933Split seconds and Henry Graves
Patek made its first wrist chronograph, a split-seconds model, in 1923. In 1927 Henry Graves Jr. commissioned the most complicated pocket watch in the world, and the Supercomplication delivered in 1933 carried 24 complications.
Worn by
Owned a platinum Ref. 2499/100 made in 1987, sold at Christie's Geneva for $3.6 million, and a pink gold Ref. 5970 whose certificate bears his name; he was photographed wearing a 5970 at a Formula One race.
Wore a diamond-set Ref. 5271P Perpetual Calendar Chronograph when receiving the Carol Burnett Award at the 2020 Golden Globes, and a Ref. 5271 in a 2018 clip with Ryan Reynolds.
Moments
A 1943 steel Ref. 1518, one of four known, sold for CHF 11,002,000 (US$11,112,020), a world record for any wristwatch at auction at the time, after 13 minutes of bidding against a $3 million estimate.
The unique steel Grandmaster Chime Ref. 6300A-010 sold at Only Watch for CHF 31 million, the highest price for any watch at auction, with proceeds going to Duchenne muscular dystrophy research.
Eric Clapton's 1987 platinum Ref. 2499/100 sold for $3.6 million, a world record for the reference.
The Henry Graves Supercomplication pocket watch sold for $24M at Sotheby's Geneva in 2014.
Generations and strap changes
- 1941Ref. 1518
First wristwatch with full perpetual calendar and chronograph, on a Patek-modified Valjoux 23 with a Victorin Piguet calendar module. 281 made to 1954, mostly yellow gold, about 20% pink gold and 4 known in steel.
35mm case.
- early 1950sRef. 2499
The 1518's successor kept the Valjoux-based calibre and ran until 1985, with 349 made. A sapphire crystal arrived in the late 1970s with the fourth series, 2499/100.
Case grew to about 37mm, up from 35mm on the 1518.
- 2011Ref. 5270
The first fully in-house perpetual calendar chronograph, on the hand-wound CH 29-535 PS Q derived from the 5170J's CH29.
41mm, one mm wider than the 5970; launched on a hand-stitched alligator strap with an 18K white gold folding clasp.
- 2004Ref. 5970
Same Lemania-based calibre as the 3970, with a tachymeter scale added, in white, pink and yellow gold and platinum until 2011.
Case jumped to 40mm.
- 1989Calibre 89
Built for the 150th anniversary with 33 complications and 1,728 parts, it took the complexity record from the 1933 Graves Supercomplication.
- 1986Ref. 3970
Built on a heavily modified Lemania 2310 finished to Geneva Seal standards, it was the first in the lineage with leap year and 24-hour indications. Production ran to 2004 in a few thousand pieces.
36.4mm case.