• cal. 240 automatic nickel lever movement with PP seal, 27 jewels, mono-metallic balance, 22k micro rotor • cloisonné enamel dial depicting the koi carps swimming leisurely around the water lilies • 18k pink gold case, diamond-set bezel and lugs, screw-down sapphire crystal display case back • case, dial and movement signed • with an 18k pink gold and diamond-set Patek Philippe buckle

The present lot is preserved in Patek Philippe sealed bag, it has possibly been resealed after checking of function. Overall in excellent condition. Please note that upon export out of Hong Kong, the sealed bag has to be cut opened and alligator strap removed prior to shipping. Please note the movement has not been tested for time keeping and a service might be required at the buyer's expense. **The strap of this wristwatch is made from an endangered species, please refer to important notices for further information**.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping.

Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."

With a Patek Philippe Certificate of Origin, an instruction manual and a presentation box. 

All enamel dials of Ref. 5077 were done by hand using the ancient art of cloisonné. Cloisonné is a process where a design is created on a blank canvas (the dial) using thin strips of gold joined to the base that create a border between colours. Considered a ‘lost art’, each enameller will usually have a creation of their own specially formulated colours with which to work, including a colour chart to use as a guide, since the material changes in appearance when heated. The process can be extremely lengthy as each colour has to be fire separately at a different temperature. This also increases the chances of failure as the firing process is incredibly delicate; even tꦜhe most skilled and experienced enameller could lose months of work due to unforeseeable cracking during the process. Due to the process in which the dials are made, each watch in the series can be considered unique.  A wonderful cloisonné watch dial like Lots 2337/2338 is truly a miniature work of art which will last for generations.

The auspicious koi carps swimming around the water lilies evoke an archaic ambience that harks back to ancient Chinese traditions. It was believed that the Yellow River of China was too filthy for fish to survive, if carp in the river manages to survive and leaps over the gate of dragon, then the carp can become a dragon. In essence, suchღ proverb is used to bless one to progress in the coming New Year. Koi Fish in Japan also symbolizes good luck, abundance and perseverance.

Ref. 5077/100R-011 brings out the best of🌌 the West and the East by masterfully combining Patek Philippe’s magnificent craftsmanship of watchmaking tradition and the auspicious Asian symboওl, koi carp, in one single timepiece.