Patek Philippe - The Geneva Watch Auction: XVII Geneva Saturday, May 13, 2023 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2008
    Reference No: 5970G-001
    Movement No: 3'048'684
    Case No: 4'388'035
    Material: 18K white gold
    Calibre: Manual, cal. CH 27-70 Q, 24 jewels
    Bracelet/Strap: Alligator and Leather
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated February 21, 2008, additional numbered caseback, numbered hang tag, setting pin, outer slipcase, wallet, product literature, presentation box and outer packaging.

  • Catalogue Essay

    Released in 2004, the Patek Philippe reference 5970 was one of the shortest production runs for the company, lasting approximately from 2004 to 2011. This very reference was the last perpetual calendar chronograph model to use the Lemania 2310 based movement.

    Proud heir to Patek Philippe's prestigious perpetual calendar chronographs starting with reference 1518, 2499 and 3970, the reference 5970 was the first model developed and designed by Thierry Stern upon his accession as president of the company. The reference 5970 in white gold, like the present example, along side the pink gold version was the first variant introduced in 2004.

    The timepiece itself is an avantgarde looking Patek Philippe however with strong correlation and inspiration from the past. Cased at 40mm in diameter with facetted lugs, the timepiece is elegantly larger than a 3970 and it definitely makes for a more spacious dial for better legibility. The tachymeter scale perfectly encircles the day and month windows which themselves are clear and legible. The three subdials are also perfectly aligned and in symmetry with the outer dial as well as with the minutes, hours, and chronograph hands.

    Preserved in excellent overall condition with its full set of accessories such as the certificate of origin, additional caseback and setting pin, this is a rare opportunity to obtain one of Patek Philippe’s last classical perpetual calendar chronograph models in white gold.

  • 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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Σ10

Ref. 5970G-001
An elegant and fine white gold perpetual calendar chronograph wristwatch with moonphases, 24-hour indication, leap year indication, certificate of origin, additional caseback, setting pin and presentation box

2008
40mm Diameter
Case, dial, movement and clasp signed

Estimate
CHF100,000 - 200,000 
€104,000-208,000
$114,000-228,000

Sold for CHF171,450

Contact Specialist

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

+41 79 637 17 24
AGhotbi@phillips.com

Tiffany To
Head of Sale, Geneva

+41 79 460 55 88
TiffanyTo@phillips.com

The Geneva Watch Auction: XVII

Geneva Auction 13 - 14 May 2023