Patek Philippe - The Hong Kong Watch Auction: ONE Hong Kong Monday, November 30, 2015 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2004
    Reference No: 5970
    Movement No: 3'047'355
    Case No: 4'274'565
    Material: 18k white gold
    Calibre: Mechanical, CH 27-70 Q, 24 jewels
    Bracelet/Strap: Black Patek Philippe crocodile leather strap
    Clasp/Buckle: 18k white gold Patek Philippe Henri Stern buckle stamped PPC
    Dimensions: 40 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin dated 10 November 2004, additional case back, setting pin, instruction manual, product literature, fitted presentation box and outer packaging.

  • Catalogue Essay

    Reference 5970 was introduced in 2004 and ceased production in 2011, following the introduction of reference 5270. it is interesting to note that this very watch is the earliest known 5970 in white gold to appear at auction.

    The watch has been cared for immaculately, and is in excellent overall condition still retaining all accessories including the addition case back. The 5970 is increasingly popular amongst collectors due to its substantial size and very good looks.

  • 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 very fine and rare white gold perpetual calendar chronograph wristwatch with moon phases, 24 hours, leap year indicator, tachymetre scale, additional case back, original certificate and fitted presenation box

Circa 2004
40 mm. diameter
Case, dial and movement signed

HK$780,000 - 1,200,000 

Sold for HK$1,024,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

Ziyong Ho
+852 9386 2032

Jill Chen
+852 2318 2033

The Hong Kong Watch Auction: ONE

Hong Kong Auction 1 December 2015 11am