Patek Philippe - The Geneva Watch Auction: XX Geneva Saturday, November 9, 2024 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2008
    Reference No: 5970J-001
    Movement No: 3'049'500
    Case No: 4'451'741
    Material: 18K yellow gold
    Calibre: Manual, cal. 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 clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated November 18, 2008, setting pin, additional numbered caseback, presentation box and outer packaging.

  • Catalogue Essay

    The Patek Philippe reference 5970 has now rightfully earned its place as one of the most cherished and sought-after neo-vintage Patek Philippe models. Serving as the proud successor to Patek Philippe's lineage of perpetual calendar chronographs, which began with the reference 1518 and continued through the renowned 2499 and 3970, this timepiece was introduced in 2004. However, its presence in the catalog was relatively brief, spanning only seven years – the shortest duration for any perpetual calendar chronograph model from Patek Philippe. In 2011, it made way for the reference 5270, housing Patek Philippe's inaugural in-house chronograph caliber and marking the end of the Nouvelle Lemania-based movement in the reference 5970, celebrated as a Patek Philippe technical masterpiece.

    Remarkably, the reference 5970 follows a distinctive production timeline, with white and pink gold models available from 2004 to 2007, the yellow gold variant was made available only in 2008 (making the present watch a very rare example), and the concluding two years, 2009 and 2010, featuring the platinum version. Consequently, the existing yellow gold version is speculated to be the rarest among them – an unusual occurrence for Patek Philippe, where yellow gold typically prevails as the most common metal, at least until the early 2000s. Aesthetically, there is a noticeable "return to the origin": while reference 2499 (2nd series onward) and reference 3970 adopted round pushers, the reference 5970 reverts to rectangular pushers, reminiscent of the initial models in the series – the highly sought-after references 1518 and 2499 1st series.

    The present yellow gold model enhances this vintage ambiance, aligning with the historical norm for vintage Patek Philippe complicated pieces. Further preserved in excellent overall condition the present yellow gold Patek Philippe reference 5970 from 2008 is further accompanied by the Patek Philippe Certificate of Origin dated November 18, 2008, setting pin, additional numbered case back, presentation box and outer packaging.

  • 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

166

Ref. 5970J-001
A highly rare and attractive yellow gold perpetual calendar wristwatch with moonphases, certificate of origin, additional caseback, presentation box and outer packaging

Circa 2008
40mm Diameter
Case, dial, movement and clasp signed

Estimate
CHF100,000 - 200,000 
€106,000-213,000
$116,000-233,000

Sold for CHF165,100

Contact Specialist

Alexandre Ghotbi
Deputy Chairman, Watches, Head of Watches, Europe, and Middle East

+41 79 637 17 24
aghotbi@phillips.com

 

Tiffany To
Head of Sale, Geneva

+41 79 460 55 88

tto@phillips.com

 

 

The Geneva Watch Auction: XX

Geneva Auction 9 - 10 November 2024