Patek Philippe - The Hong Kong Watch Auction: SIX Hong Kong Monday, May 28, 2018 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2010
    Reference No: 5970P
    Movement No: 3'931'801
    Case No: 4'503'638
    Material: Platinum
    Calibre: Manual, cal. CH 27-70 Q, 24 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 40mm. Diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe wooden fitted presentation box, Certificate of Origin dated 8 April 2010, additional hard back, setting pin, hang tag, leather envelop, product literature and outer packaging. Further delivered with Extract from the Archives confirming production of the present watch with black dial and white gold indices in 2010 and its subsequent sale on January 20th, 2010.

  • Catalogue Essay

    In production between 2004 and 2011, Patek Philippe used a modified Lemania 2310 movement, which was its last use, when they released the 5270 in 2011 it featured an in-house movement. The watch is thoroughly 21st century with 40mm diameter case and a balanced and legible dial. Patek Philippe produced white and pink gold versions for the first four years and then in the fourth year added yellow gold. Platinum examples with black dials did not come out until the fifth year.

    Now discontinued the watch has increased in popularity and collectability. Fresh to the market from the original owner, the present watch is in wonderful condition and complete with all original accessories. This is an opportunity to own a watch with a long and prestigious history.

  • 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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FROM THE ORIGINAL OWNER

Σ1031

Ref. 5970P
A rare and highly attractive platinum perpetual calendar chronograph wristwatch with moonphase, additional caseback, fitted presentation box and original certificate

2010
40mm. Diameter
Case, dial and movement signed

Estimate
HK$800,000 - 1,600,000 
€88,100-176,000
$103,000-205,000

Sold for HK$1,500,000

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: SIX

Hong Kong Auction 29 May 2018