Patek Philippe - The Hong Kong Watch Auction: FIVE Hong Kong Monday, November 27, 2017 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2002
    Reference No: 3970EP
    Movement No: 3'046'612
    Case No: 4'103'696
    Material: Platinum
    Calibre: Manual, cal. CH 27-70 Q., 24 jewels, stamped with the Geneva Seal
    Bracelet/Strap: Black Patek Philippe crocodile strap
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 36mm diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin stamped by Lausanne, Switzerland retailer A L'Emeraude S.A. and dated April 2003, additional solid case back, setting pin, product literature, fitted wooden presentation box and outer packaging. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present piece in 2002 with semi-glossy black dial, baton-cut diamond index at 12 o' clock and 10 chaton-set diamond indexes and its subsequent sale on August 29, 2002.

  • Catalogue Essay

    Perpetual calendar chronographs by Patek Philippe are considered among the most refined and elegant timepieces ever made. It was not until the platinum 3970, however, that a true "black tie" version of the models was created. With its midnight black dial and diamond-set numerals, the present watch achieves a true pinnacle of elegance and grace, without in the least giving in to gaudiness: one of the best examples of the lavish understatement Patek Philippe has mastered over its 178 years of 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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Σ856

Ref. 3970EP
A rare, very fine and elegant platinum diamond-set perpetual calendar chronograph wristwatch with moon phase, certificate and box

2002
36mm diameter
Case, dial and movement signed

Estimate
HK$800,000 - 1,600,000 
€87,000-174,000
$100,000-200,000

Sold for HK$843,750

Contact Specialist
Ziyong Ho
Specialist
+852 9386 2032
yong.ho@phillips.com

The Hong Kong Watch Auction: FIVE

Hong Kong Auction 28 November 2017