A very fine and extremely rare white gold perpetual calendar chronograph wristwatch with moonphases, Certificate and box, retailed by Tiffany & Co.

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  • Manufacturer: Patek Philippe
    Year: 2006
    Reference No: 5970G
    Movement No: 3'048'116
    Case No: 4'348'901
    Material: 18K white gold
    Calibre: Manual, cal. CH 27-70 Q, 24 jewels, stamped with the Geneva Seal
    Bracelet/Strap: 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 mentioning Tiffany & Co. as retailer and code-dated March 2006, additional solid caseback, setting pin, product literature, leather pouch, fitted presentation box and outer packaging. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present piece in 2006 with steel-grey colored dial and gold indexes with black nickel coating, and its subsequent sale on March 13, 2006.

  • Catalogue Essay

    Even though it has only been a decade since it was discontinued, reference 5970 already belongs to “the classics” in the hearts of Patek Philippe collectors. This is due to a number of factors. From an aesthetic standpoint, the watch is a masterpiece of balance and design. The dial echoes the 1940s style, characterized by railway divisions, with influences from more modern pieces, such as the subsidiary counters inherited by its ancestor reference 3970. The 40mm case size is ideal for today’s taste: neither too small nor too large. Technically, this is the last perpetual calendar chronograph with moon phases made by Patek Philippe to employ a Lemania-based movement. Its successor, reference 5270 would feature an in-house movement. Furthermore, among the three modern references with this complication (3970, 5970 and 5270) it is the one that stayed in production for the shortest time: only seven years from 2004 to 2010. Such a mix of appealing traits results in one of the most sought-after modern Patek Philippe timepieces.

    The present examples pushes the boundaries of collectability even further as it is not only as close to new as a wristwatch can be, with all of its accessories, but most importantly it features a Tiffany signature on the dial. A very rare occurrence for any Patek Philippe model, it would appear to be an outstandingly scarce customization when it comes to this reference: this is the first white gold Tiffany-signed example of ref. 5970 to appear at auction and the second overall, the first one being a pink gold specimen sold in 2009.

  • Maker Bio

    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 very fine and extremely rare white gold perpetual calendar chronograph wristwatch with moonphases, Certificate and box, retailed by Tiffany & Co.

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

Estimate
CHF150,000 - 250,000 
€132,000-220,000
$154,000-256,000

sold for CHF225,000

Contact Specialist
Alexandre Ghotbi
Head of Sale
+41 22 317 81 89
aghotbi@phillips.com

The Geneva Watch Auction: EIGHT

Geneva Auction 10-11 November 2018