988Σ

Patek Philippe

Ref. 5970J-001

A highly rare and attractive yellow gold perpetual calendar chronograph wristwatch with moon phases, 24-hour, leap year indication, additional solid caseback, setting pin, Certificate of Origin and presentation box

Estimate
HK$780,000 - 1,560,000
€88,500 - 177,000
$100,000 - 200,000
HK$1,651,000
Lot Details
Manufacturer
Patek Philippe
Year
Circa 2008
Reference No
5970J-001
Movement No
3’049’435
Case No
4’458’208
Material
18K yellow gold
Calibre
Manual, cal. CH27-70Q, 24 jewels
Bracelet/Strap
Crocodile
Clasp/Buckle
18K yellow gold Patek Philippe deployant clasp
Dimensions
40mm diameter
Signed
Case, dial, movement and clasp signed
Accessories
Accompanied by Patek Philippe Certificate of Origin stamped Gioielleria Fasoli Italy dated August 2008, additional solid caseback, setting pin, leather folio, instruction manual, product literature, service invoice, fitted presentation box and outer packaging.

Catalogue Essay

The Patek Philippe reference 5970 has now rightfully earned its place as one of the most cherished and sought-after neo-vintage Patek Philippe models. Serving as the proud successor to Patek Philippe's lineage of perpetual calendar chronographs, this timepiece was introduced in 2004. However, its presence in the catalog was relatively brief, spanning only seven years – the shortest duration for any perpetual calendar chronograph model from Patek Philippe.

Remarkably, the reference 5970 follows a distinctive production timeline, with white and pink gold models available from 2004 to 2007, the yellow gold variant was made available only in 2008 (making the present watch a very rare example), and the concluding two years, 2009 and 2010, featuring the platinum version. Consequently, the existing yellow gold version is speculated to be the rarest among them – an unusual occurrence for Patek Philippe, where yellow gold typically prevails as the most common metal, at least until the early 2000s. Aesthetically, there is a noticeable "return to the origin": while reference 2499 (2nd series onward) and reference 3970 adopted round pushers, the reference 5970 reverts to rectangular pushers, reminiscent of the initial models in the series – the highly sought-after references 1518 and 2499 1st series.

The present yellow gold model enhances this vintage ambiance, aligning with the historical norm for vintage Patek Philippe complicated pieces. Further preserved in excellent overall condition with a recent complete service at Patek Philippe, the present yellow gold Patek Philippe reference 5970 from 2008 is accompanied by the Patek Philippe Certificate of Origin, setting pin, additional solid case back, presentation box and outer packaging.

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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