Patek Philippe - The Hong Kong Watch Auction: XI Hong Kong Saturday, November 28, 2020 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2009
    Reference No: 5971P
    Movement No: 3'931'515
    Case No: 4'481'955
    Material: Platinum and diamonds
    Calibre: Manual, cal. CH 27-70Q, 24 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum and diamond-set Patek Philippe pin buckle
    Dimensions: 40mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated, additional numbered case back, setting pin, leather wallet, product literature and presentation box. Further accompanied by the Extract from the Archives confirming the production of present watch in 2009 with black dial, 1 baguette-cut diamond and 6 white gold chaton-set diamond hour makers, tachometer scale and its subsequent sale on October 13th, 2009.

  • Catalogue Essay

    In production from 2007 until 2010, reference 5971 is the diamond-set version of reference 5970 - the very last perpetual calendar chronograph wristwatch series to use a Lemania 2310 based movement before the introduction of reference 5270. Dazzling and eye-catching, it is an incredibly iconic model that showcases Patek Philippe's skill in merging gem-setting with haute horlogerie.

    Due to its generous and modern case proportions, this reference is a favorite among the watch community, and has increased in popularity and collectability over time. The bezel is notably set with top-grade diamonds, totaling approximately 4.37 carats. The black dial is further enhanced by diamond-set numerals.

    The total presumed production of reference 5971 is estimated of circa 100 examples making this exquisite model, offered in exceptional condition, a highly collectible complicated Patek Philippe timepiece.

  • 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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Σ885

Ref. 5971P
An extremely fine and very rare platinum and diamond-set perpetual calendar chronograph wristwatch with moon phases, 24 hours, leap year indication, additional case back, Certificate of Origin, hang tag and fitted presentation box

2009
40mm diameter
Case, dial, movement and buckle signed

Estimate
HK$1,400,000 - 2,000,000 
€151,000-216,000
$179,000-256,000

Sold for HK$1,890,000

Contact Specialist

Thomas Perazzi

Head of Watches, Asia
+852 2318 2001

WatchesHK@phillips.com

The Hong Kong Watch Auction: XI

Hong Kong Auction 29 November 2020