Patek Philippe - Phillips & Blackbird: SPORTS Hong Kong Sunday, May 26, 2019 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2009
    Reference No: 5970P-001
    Movement No: 3’931’574
    Case No: 4’491’187
    Material: Platinum
    Calibre: Manual, cal. CH 27-70 Q, 24 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 40 mm diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe wooden fitted presentation box, Certificate of Origin dated November 24, 2009, additional solid caseback, setting pin, hang tag, leather envelop, product literature and outer packaging

  • Catalogue Essay

    Combining a complicated perpetual calendar chronograph mechanism with an enigmatic black dial, along with finely crafted platinum case, the reference 5970P is a wondrous symbiosis of Haute Horlogerie and supreme craftsmanship. At the time, it was the latest in a long series of widely-adored wristwatches to house this specific complication. The production run of each serially-produced perpetual calendar chronograph wristwatch is as follows: ref. 5970 (2004 – 2011), ref. 3970 (1987 - 2004). ref. 2499 (1949 - 1987), and ref. 1518 (1940 - 1951). According to our research, the ref. 5970 was the first model developed and designed by Thierry Stern upon his took the reins of leadership.

    The 5970 was available in all four precious metals, and was only produced for seven short years — the shortest production run of any Patek Philippe perpetual calendar chronograph. It was also the last to use the modified Lemania 2310, as the 5270 replaced the 5970 and featured an in-house movement. The case of the 5970 presents a significant increase in size, from 36mm in the 3970 to a more modern 40mm. The present example in platinum is factory-sealed, and in never-been-used condition. Few brands in the world carry the gravitas of their name like Patek Philippe, and this is an exceptional opportunity for connoisseurs of fine perpetual calendar wristwatches.

  • Artist Biography

    Patek Philippe

    Swiss • 1839

    Since its founding in 1839, this famous Geneva-based firm has been surprising its clientele with superbly crafted timepieces fitted with watchmaking's most prestigious complications. Traditional and conservative designs are found across Patek Philippe's watches made throughout their history — the utmost in understated elegance.

    Well-known for the Graves Supercomplication — a highly complicated pocket watch that was the world’s most complicated watch for 50 years — this family-owned brand has earned a reputation of excellence around the world. Patek's complicated vintage watches hold the highest number of world records for results achieved at auction compared with any other brand. For collectors, key models include the reference 1518, the world's first serially produced perpetual calendar chronograph, and its successor, the reference 2499. Other famous models include perpetual calendars such as the ref. 1526, ref. 3448 and 3450, chronographs such as the reference 130, 530 and 1463, as well as reference 1436 and 1563 split seconds chronographs. Patek is also well-known for their classically styled, time-only "Calatrava" dress watches, and the "Nautilus," an iconic luxury sports watch first introduced in 1976 as the reference 3700 that is still in production today.

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Σ868

Ref. 5970P-001
A rare and highly attractive platinum perpetual calendar chronograph wristwatch with moonphases, additional caseback, setting pin, certificate of origin and box, factory sealed

Circa 2009
40 mm diameter
Case, dial and movement signed

Estimate
HK$900,000 - 1,300,000 
€104,000-150,000
$115,000-165,000

Sold for HK$1,687,500

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
thomasperazzi@phillips.com
+852 2318 2001
 

Phillips & Blackbird: SPORTS

Hong Kong Auction 27 May 2019