Patek Philippe - The Geneva Watch Auction: XVI Geneva Saturday, November 5, 2022 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2009
    Reference No: 5970
    Movement No: 3'931'332
    Case No: 4'490'826
    Material: Platinum
    Calibre: Manual, cal. CH 27-70 Q, 24 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated October 22nd 2009, additional case back, hang tag, slip case, presentation box and outer packaging.

  • Catalogue Essay

    Manufactured from 2004 to 2011, reference 5970 was Patek Philippe's very last perpetual calendar chronograph wristwatch series to use a Lemania 2310 based movement. With the introduction of successor reference 5270, Patek Philippe used its own in-house movement.

    Due to its generous and modern case proportions, this reference is a favorite among the watch community. Since the model stopped production, it has only increased in popularity and collectability. Compared to its predecessor, reference 3970, reference 5970 has a much larger and heftier case size of 40 millimeters.

    While the reference has enjoyed variations such as different gem-set bezels and various dial designs, examples cased in platinum like this watch are the true classics. The black dial immediately distinguishes the case metal, as does the subtle diamond between 6 o'clock - both indicate Patek Philippe's use of platinum.

    Fresh to the auction market, the present watch is offered with an additional case back, setting pin and its original certificate. Preserved in excellent condition, it's today an icon that represents the golden age of watch making.

  • 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
A highly rare and attractive platinum perpetual chronograph wristwatch with moonphases, 24-hour indication, leap year indication, certificate of origin, additional case back, hang tag, setting pin and presentation box

2009
40mm Diameter
Case, dial, movement and clasp signed

Estimate
CHF120,000 - 200,000 
€124,000-206,000
$120,000-200,000

Sold for CHF264,600

Contact Specialist

Alexandre Ghotbi
Head of Watches, Continental Europe and the Middle East
+41 22 317 81 81
[email protected]
 

Tiffany To
Head of Sale, Geneva
+41 22 317 96 63
[email protected]

The Geneva Watch Auction: XVI

Geneva Auction 5 - 6 November 2022