Patek Philippe - Phillips Watches Online Auction: The Geneva Sessions Spring 2024 Geneva Tuesday, March 5, 2024 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2008
    Reference No: 5070G-001
    Movement No: 3'363'752
    Case No: 4'382'051
    Material: 18K white gold
    Calibre: Manual, cal. 27-70, 24 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 42mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated February 16th, 2008, instruction manual, leather folio, fitted presentation box and outer packaging.

  • Catalogue Essay

    - First introduced at Baselworld in 1998, the Patek Philippe reference 5070 sent shockwaves within the more traditional collecting community thanks to its revolutionary design and modern case size. A milestone for the Maison, this modern chronograph-only wristwatch is the direct successor of references 1463 and 1579, two extremely sought after and coveted vintage models from Patek Philippe.

    - Featuring a water-resistant case with a screw-down case back, the reference 5070 measures 42mm in diameter with an extremely contemporary and attractive stepped bezel. Enjoying a unique spot in Patek Philippe’s history as one of the largest watches it had produced and the last chronograph to use a modified Lemania 2310-based ébauche, the model inherited the design of the unique reference 2512 from 1950, an oversized split-seconds chronograph that now resides in the Patek Philippe Museum.

    - Introduced in a total of four different case materials, including yellow gold, pink gold, white gold and platinum, it is estimated that approximately 1,000 examples were produced in the respective metal. Extremely well preserved, the present example from 2008 is further accompanied by its set of accessories.

  • 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. 5070G-001
An exceptionally well-preserved, very fine and attractive white gold chronograph wristwatch with certificate of origin and presentation box

2008
42mm Diameter
Case, dial, movement and clasp signed

Estimate
CHF35,000 - 70,000 
€37,100-74,200
$40,000-80,000

Sold for CHF60,960

Contact Specialist

Alexandre Ghotbi
Deputy Chairman, Watches, Head of Watches, Europe, and Middle East
+41 22 317 81 81
AGhotbi@phillips.com

Tiffany To
Head of Sale, Geneva
+41 22 317 96 63
TiffanyTo@phillips.com
 

Phillips Watches Online Auction: The Geneva Sessions Spring 2024

5 - 12 March 2024