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

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  • Manufacturer: Patek Philippe
    Year: 2018
    Reference No: 5170P-010
    Movement No: 7'079'180
    Case No: 6'244'782
    Material: Platinum
    Calibre: Manual, cal. CH 29-535 PS AIG.1, 33 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 39.5mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated May 12, 2018, product literature, wallet, presentation box and outer packaging.

  • Catalogue Essay

    The reference 5170, initially launched in yellow gold, was introduced in 2010 and housed the first in-house, “simple” chronograph movement by Patek Philippe. It replaced the 12-year run of the reference 5070, the first Patek chronograph to be produced since the discontinuation of the iconic vintage reference 1463 in the late 1960s.

    The reference has witnessed a few variations including examples encased in white gold, pink gold and last but not least platinum. Arresting and striking, the platinum reference 5170 was the last iteration produced and featured baguette diamond-indexes and an attractive blue fumé dial. In production for less than three years, the platinum example was the very last variant of the reference. In 2019, Patek Philippe discontinued the ref. 5170 and replaced it with an entirely new ref. 5172G.

    Offered with its Certificate of Origin, product literature, presentation box and outer packaging, the present watch is preserved in excellent and barely worn condition.

  • 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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Σ7

Ref. 5170P-010
A fine and rare platinum chronograph wristwatch with baguette diamond indexes, blue dial, certificate of origin and presentation box

2018
39.5mm Diameter
Case, dial, movement and clasp signed

Estimate
CHF70,000 - 140,000 
€72,900-146,000
$80,000-160,000

Sold for CHF95,250

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