Patek Philippe - The Geneva Watch Auction: X Geneva Saturday, November 9, 2019 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2008
    Reference No: 5970
    Movement No: 3'049'595
    Material: 18k yellow gold
    Calibre: Manual, cal. CH 27-70 Q, 24 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: 18k yellow gold Patek Philippe deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of origin, setting pin, leather pouch and presentation box.

  • Catalogue Essay

    Reference 5970 is a proud heir to Patek Philippe’s legacy of perpetual calendar chronographs starting with the 1518 in 1941 followed by the 2499 and 3970.

    Reference 5970 presents a very similar design and dial layout to its famous predecessors with day and month indicated via apertures, the date and moonphase display elegantly poised at 6 o’clock.
    Launched in 2004 and in production for only 7 short years, making it the shortest run for any perpetual calendar chronograph by Patek Philippe, it was discontinued in 2010 and replaced by reference 5270 that housed Patek Philippe’s first inhouse chronograph caliber. Reference 5970 relied on a heavily modified Lemania base movement.

    Whereas reference 2499 (2nd series onward) and reference 3970 featured round pushers, reference 5970 comes with rectangular pushers giving it an incomparable resemblance to the highly coveted and über rare 2499 1st series.

    The generous 40mm case and facetted lugs definitely set this model in the 21st century. Upon launch this model became an instant success and since its discontinuation, it has only increased in popularity and collectability.

    While the reference has enjoyed variations such as different gem-set bezels and various dial designs, examples cased in yellow gold like the present watch are believed to be the rarest metal, in fact the present watch, fresh to the market is only the 33rd reference 5970 in yellow gold to appear on the market.

    In very well preserved condition the present reference 5970 offers a rare opportunity to obtain one of Patek Philippe’s last classical perpetual calendar chronograph models in a rare yellow livery that is rarely offered on the market.

  • 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. 5970
An elegant and rare yellow gold perpetual calendar chronograph wristwatch with moonphases, setting pin, original certificate and fitted presentation box

40mm Diameter
Case, dial, movement and buckle signed

CHF70,000 - 100,000 

Sold for CHF137,500

Contact Specialist
Alexandre Ghotbi
Head of Watches, Continental Europe and the Middle East
+ 41 79 637 1724

The Geneva Watch Auction: X

Geneva Auction 9-10 November 2019