Patek Philippe "Bunny Ears" Vintage Chronograph

The Patek Philippe Gondolo collection, introduced in the 1990s, represents the manufacture's contemporary interpretation of Art Deco elegance. Named after the historic Gondolo & Labouriau retail partnership that distributed Patek Philippe watches in Brazil during the early 20th century, this collection draws inspiration from the geometric forms and refined proportions that defined luxury timepieces of the 1920s and 1930s. The rectangular case architecture stands as a deliberate counterpoint to Patek Philippe's round complications, offering collectors an entry point into the brand's dress watch heritage.

The reference 5024 showcases Patek Philippe's mastery of proportion within unconventional case shapes. The yellow gold tonneau case measures approximately 27mm by 32mm, housing a manually wound movement that emphasizes the watch's dress watch credentials. The cream dial features applied Breguet numerals at 12, 3, 6, and 9 o'clock, with a subsidiary seconds register at 6 o'clock that creates the distinctive asymmetrical layout. This configuration, combined with the stepped case lugs, creates the visual effect that collectors playfully reference as 'bunny ears' due to the protruding lug silhouette.

Within Patek Philippe's contemporary production, the Gondolo 5024 occupies a specific niche for collectors seeking yellow gold dress watches with character. The model's relatively compact dimensions and manual winding movement appeal to purists who appreciate traditional watchmaking values. While not commanding the premiums of the brand's perpetual calendars or minute repeaters, well-preserved examples demonstrate steady appreciation, particularly as vintage-inspired rectangular watches gain renewed collector interest in contemporary markets.