Patek Philippe - The Hong Kong Watch Auction: ONE Hong Kong Monday, November 30, 2015 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2009
    Reference No: 5970
    Movement No: 3'931'042
    Case No: 4'476'879
    Material: Platinum
    Calibre: Mechanical, CH 27-70 Q, 24 jewels
    Bracelet/Strap: Black Patek Philippe crocodile leather strap
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 40 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin dated 23 June 2009, additional case back, setting pin, product literature, instruction manual, leather wallet, fitted presentation box and outer packaging.

  • Catalogue Essay

    Following the end of reference 3970's some 18 year production run, the 5970 was released round 2004. With the dial increased from 36mm to 40 mm, reference 5970 also cased the same Lemania movement as its predecessors reference 3970 and reference 5004. The 5970 also reverted back to square pushers.

    As rare as it can be, this 5970 platinum with black dial, is the most sought after from the series and is achieving the highest prices amongst its peers at auction.

    Still sealed and never been used before, the present watch is exceptional.

  • 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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ΟΣ126

Ref. 5970
A fine and rare platinum perpetual calendar chronograph wristwatch with 24 hours, leap year indicator, moon phases, additional case back, original certificate and fitted presentation box, factory sealed

Circa 2009
40 mm. diameter
Case, dial and movement signed

Estimate
HK$930,000 - 1,600,000 

Sold for HK$1,720,000

Contact Specialist

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

Ziyong Ho
Specialist
+852 9386 2032
ziyongho@phillips.com

Jill Chen
Specialist
+852 2318 2033
jillchen@phillips.com

The Hong Kong Watch Auction: ONE

Hong Kong Auction 1 December 2015 11am