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

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  • Manufacturer: Patek Philippe
    Year: 2014
    Reference No: 5070G-014
    Movement No: 3'715'665
    Case No: 4'631'628
    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 and dated 06th June, 2014, leather portfolio with photographs, instruction manual, product literature, leather document holder, outer packaging and fitted presentation box.

  • Catalogue Essay

    Initially introduced in 1998, Patek Philippe's reference 5070 was the Maison's first non-perpetual calendar chronograph in close to 40 years. The watch houses Patek Philippe's manual-winding caliber CH 27-70, based upon a remodeled Lemania 2310 ébauche. Considered one of the finest chronograph movement design, the movement is wonderfully finished with a signature Geneva seal and a 60 hours power reserve. Today, it has become an icon, representing one of Patek Philippe's most fruitful periods in terms of creation and design,

    While the reference officially ceased production in 2009, Patek Philippe had quietly granted their very best clients the opportunity to choose unique dials for the hallowed model, years after its official discontinuation. Never officially published in the catalog and always done with a shroud of secrecy, special order timepieces represent the uppermost echelons of collecting - discussed by many, granted to very few.

    The present watch, cased in white gold, most notably displays a stunning and striking salmon dial which was most probably made upon special order. While the general public knows that Patek Philippe created a small batch of re-issued models for their Watch Art Grand Exhibition at the Saatchi Gallery in London in 2015, less is known about the custom, special orders that the manufacture created for their very best clients prior to the exhibition, which were sold in the Patek Philippe salon in Geneva. In fact, the present watch is accompanied by a Certificate of Origin dated in 2014, meaning that the watch was ordered well before the London event, and exclusively for a VIP client. It was a precursor to the now mythical limited batch of Salmon reference 5070s that have gained a cult following among the watch community.

    Offered with its complete set of accessories, fresh to the market and in gorgeous condition, it marks the first time this configuration appears on the market, and represents an opportunity to acquire a historically important watch within the world of custom, special order timepieces.

  • 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. 5070G-014
An important, attractive and rare white gold chronograph wristwatch with Salmon dial, certificate of origin and presentation box, the first of its kind to appear in the public market

2014
42mm Diameter
Case, dial, movement and clasp signed

Estimate
CHF200,000 - 400,000 
€206,000-412,000
$200,000-401,000

Sold for CHF852,800

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