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Patek Philippe
Ref. 5070G-014
"Saatchi Gallery"
An important, attractive and rare white gold chronograph wristwatch with salmon dial, certificate of origin and presentation box, made for the 2015 Patek Philippe Watch Art Grand Exhibition at the Saatchi Gallery in London
Full-Cataloguing
- Chronograph
- Displays a rare Salmon dial and made for the Watch Art Grand Exhibition at London’s Saatchi Gallery
- One of only 5 believed to have been made, with the present watch being the third to appear at auction
- Offered with original accessories
The launch of the Patek Philippe reference 5070 in 1998 signaled a moment of quiet significance for Patek Philippe. For the first time in nearly four decades, the manufacture returned to a non-perpetual calendar chronograph, reasserting its mastery in one of watchmaking’s most revered complications.
At its heart beats the manually wound calibre CH 27-70, a heavily modified Lemania 2310 ébauche. Beautifully constructed and revered for its reliability, the movement is distinguished by its classical architecture and an impressive 60-hour power reserve—details that reward even the most seasoned collector upon close inspection.
Although production of the reference concluded in 2009, the story did not end there. In 2015, to coincide with the Watch Art Grand Exhibition at London’s Saatchi Gallery, the manufacture discreetly extended a rare courtesy to a handful of its most valued patrons. Drawing upon new-old-stock cases and movements from the original production run, Patek Philippe created a series of highly confidential pieces featuring dial and case combinations never offered in the standard catalogue.
The present “Saatchi Edition” reference 5070 is believed to be one of only five examples in white gold with a salmon dial produced, with the present watch being the third known - placing it firmly within the realm of the truly elusive—watches spoken about in collecting circles, yet seldom encountered in the market.
Patek Philippe
Swiss | 1839Since 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.