Patek Philippe - The Geneva Watch Auction: XIX featuring the Guido Mondani Collection Geneva Saturday, May 11, 2024 | Phillips
  • Manufacturer: Patek Philippe
    Year: 2015
    Reference No: Ref. 5070G-014
    Movement No: 3'715'823
    Case No: 4'375'002
    Material: 18K white gold
    Calibre: Manual, cal. CH 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 stamped Salons Patek Philippe New Bond Street London and dated 20th November, 2015, leather portfolio with photographs, instruction manual, product literature, leather document holder, cardboard sleeve, outer packaging and fitted presentation box.

  • Catalogue Essay

    Introduced in 1998, the release of Patek Philippe's reference 5070 marked the reintroduction of a non-perpetual calendar chronograph since nearly four decades. Housing the manual-winding caliber CH 27-70, a modernized Lemania 2310 ébauche, this movement stands out for its exceptional design and reliability, it is further adorned with the signature Geneva seal remarkably boasting a 60-hour power reserve. Featuring a modern and unconventional, by Patek Philippe standards, 42mm case diameter, the dial layout is "clean" and highly-legible, skilfully harmonising the presence of a tachymeter scale and an outer railway-minute track. Enhancing its legibility is the outstanding contrast between the warm salmon dial and white gold case.

    Despite officially halting production in 2009, Patek Philippe discreetly extended a unique privilege to their most esteemed clients to commemorate special moments like the Watch Art Grand Exhibition at London's Saatchi Gallery in 2015 . These timepieces, absent from official catalogs and shrouded in secrecy, represent the pinnacle of collecting—an elusive realm discussed by many but accessible to only a select few. Using new-old-stock movements and cases from standard series production, Patek Philippe offered unique dial colour/case combinations not seen in the original collection. This Saatchi Edition reference 5070 is believed to be one of just 5 examples made.

    Presented with its full set of accessories, this timepiece is fresh to the market and boasts impeccable condition making this a unique opportunity to acquire a historically significant timepiece.

  • 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.

    View More Works


Ref. Ref. 5070G-014
An important, attractive and rare white gold chronograph wristwatch with salmon dial, certificate of origin and presentation box, made for the 2015 Patek Philippe Watch Art Grand Exhibition at the Saatchi Gallery in London

42mm Diameter
Case, dial, movement and clasp signed

CHF250,000 - 500,000 

Sold for CHF533,400

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The Geneva Watch Auction: XIX featuring the Guido Mondani Collection

Geneva Auction 11 - 12 May 2024