Patek Philippe - The Watch Auction: One Geneva Saturday, May 9, 2015 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2001
    Reference No: 5070G
    Movement No: 3'146'933
    Case No: 4'160'546
    Material: 18k white gold
    Calibre: Manual, CH27-70
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18k white gold deployant clasp, signed PPC
    Dimensions: 42mm. Diameter
    Signed: Case, dial and movement signed
    Accessories: Patek Philippe Certificate of Origin, leather envelope, product literature, fitted presentation box and outer packaging. Further delivered with Extract from the Archives confirming production of the present watch in 2001 and its subsequent sale December 8th, 2001.

  • Catalogue Essay

    The reference 5070 was first introduced to the market in 1998 and was cased in yellow gold with a black dial. The white gold case was subsequently put into production in 2001 and remained there until 2006. The 5070 enjoys a unique spot in Patek Philippe history for being one of the largest wristwatches they ever manufactured. Sought after today for its elegant looks and clean lines the watch is still very much in vogue. The present lot, coming directly from the original owner, is in very good condition and comes complete with box and certificate.

  • 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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ΔΣ65

Ref. 5070G
A fine oversized white gold chronograph wristwatch

2001
18k white gold
42mm. Diameter
Case, dial and movement signed

Estimate
CHF35,000 - 55,000 

Sold for CHF62,500

Contact Specialist
Nathalie Monbaron
+41 22 317 81 83

The Watch Auction: One

Geneva Auction 10 May 2015 6:30pm