A highly rare and attractive white gold chronograph wristwatch with original certificate

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  • Condition Report

  • Manufacturer: Patek Philippe
    Year: 2003
    Reference No: 5070
    Movement No: 3'147'262
    Case No: 4'160'460
    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, dial further signed Tiffany & Co.
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Tiffany & Co., hang tag, product literature and leather wallet. Further accompanied by a blue slip case and Tiffany & Co. valuation report.

  • Catalogue Essay

    The present watch is only the second example of a reference 5070 in white gold and retailed by Tiffany & Co. to ever appear on the auction market. Offered in excellent condition, it is offered with its Patek Philippe Certificate of Origin stamped Tiffany & Co., hang tag, product literature and leather wallet.

    Inspired by the case and dial design of the unique Patek Philippe split-seconds chronograph reference 2512 from 1950, reference 5070 was an incredibly novel and interesting addition to the manufacture's complicated line. The model was furthermore fitted with a heavily modified Lemania 2310 ebauche before Patek Philippe switched to an in-house caliber with the presentation of the reference 5170.

    A landmark model in the history of Patek Philippe, reference 5070 was the first serially produced modern chronograph-only model released since the end of reference 1463's production. Introduced in 1998 at Basel, the model was an instant hit with its large, stepped case and bold proportions.

  • 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. 5070
A highly rare and attractive white gold chronograph wristwatch with original certificate

2003
42mm Diameter
Case, dial, movement and clasp signed, dial further signed Tiffany & Co.

Estimate
CHF100,000 - 200,000 
€92,100-184,000
$101,000-201,000

Place Advance Bid
Contact Specialist
Virginie Liatard-Roessli
Specialist, Head of Sale
+41 76 338 91 03
vliatard@phillips.com

Double Signed: A Celebration of the Finest Partnerships Between Manufacturers and Retailers

Geneva Auction 9 November 2019