Patek Philippe - The Geneva Watch Auction: XV Geneva Saturday, May 7, 2022 | Phillips

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    • Manufacturer: Patek Philippe
      Year: 2006
      Reference No: 5970G
      Movement No: 3'048'118
      Case No: 4'348'876
      Material: 18K white gold
      Calibre: Manual, cal. CH 27-70 Q, 24 rubies, stamped with the Geneva Seal
      Bracelet/Strap: Leather
      Clasp/Buckle: 18K white gold Patek Philippe deployant clasp stamped "F/B"
      Dimensions: 40mm Diameter
      Signed: Case, dial, movement and clasp signed
      Accessories: Accompanied by Patek Philippe Certificate of Origin stamped by Monte Carlo retailer "Maison Zegg & Cerlati" and dated July 24, 2006, additional solid caseback, setting pin, leather wallet, product literature, fitted presentation box and outer packaging.

    • Catalogue Essay

      Some watches are born to greatness. That is undoubtedly the case - thanks to a mix of deliberate design choices, serendipically unusual production run and historical heritage - of reference 5970.

      Considered by many one of the best complicated watches ever made and a pinnacle of Patek Philippe production, the model was an instant classic already at the moment of its commercialisation, and in recent times has been discovered by the community at large, becoming one of the most sought-after (and difficult to source) Patek Philippe timepieces.

      Aesthetically, it is defined by a melange of modernism and heritage. The case features a perfectly sized 40mm diameter, with some design details - such as the sculpted lugs - hinting at its ancestors (such as ref. 2499) but interpreted and executed with modern classicism. The same hold true for the dial, which features a very 1940s chemin-de-fer minute divisions but still feels like a timeless execution of contemporary aesthetic canons.

      Such a coupling of modern and ancient souls is to be expected, as the model is a representative of one the longest running series of watches in continuous production made by Patek Philippe, the hallowed perpetual calendar chronograph line, which saw it inception in 1940 with ref. 1518 (followed by 2499 (1950-1987), 3970 (1987-2003), the present 5970 (2004 - 2010), and the current production 5270)

      A testament to the perfection of its design is given by the lack of series. Normally, Patek Philippe timepieces present an evolution of subtle dial or case details, as feedback from the clients is incorporated in the production. Current production ref. 5270 for example - the heir to ref. 5970 - is now at its third Series. The exception is indeed the present model, which does not feature any Series: its one design was apparently perfect since its inception (some special dials are known, but those are special orders, not a different Series).

      The manufacturing of the model history actually adds to the importance of the piece, as it is one of the modern references produced for the shortest time. Furthermore, while the model was made in the 4 classic precious metals - the three golds and platinum - no metal was in production for the entire run of the watch. The white gold version (together with the pink gold one) for example was in the catalogue for only 4 years: from 2004 to 2007. Such a short run implies necessarily a low output. The present watch is offered with an additional case back, setting pin and its original certificate. Preserved in pristine condition, it is an unmissable occasion to own one of the most legendary modern Patek philippe timepieces.

    • 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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Ref. 5970G
A superb, elegant and stately white gold chronograph wristwatch with perpetual calendar, moonphases, 24-hour indication, leap year indication, Guarantee, additional back and box

2006
40mm Diameter
Case, dial, movement and clasp signed

Full Cataloguing

Estimate
CHF100,000 - 200,000 
€98,200-196,000
$106,000-212,000

Sold for CHF277,200

Contact Specialist

Alexandre Ghotbi
Head of Watches, Continental Europe and the Middle East

+41 22 317 81 81
[email protected]

Tiffany To
Head of Sale, Geneva

+41 22 317 96 63
[email protected]

The Geneva Watch Auction: XV

Geneva Auction 7 - 8 May 2022