Patek Philippe - The Hong Kong Watch Auction: TWO Hong Kong Monday, May 30, 2016 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2009
    Reference No: 5070
    Movement No: 3'715'131
    Case No: 4'454'252
    Material: Platinum
    Calibre: Mechanical, CH 27-70, 24 jewels
    Bracelet/Strap: Blue Patek Philippe crocodile leather strap
    Clasp/Buckle: Platinum Patek Philippe folding deployant clasp
    Dimensions: 42 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin dated 20 October 2009, sales tag, product brochure, instruction manual, leather wallet, slip case, fitted presentation box and outer packaging.

  • Catalogue Essay

    The present reference 5070 chronograph wristwatch was the first chronograph-only wristwatch produced by Patek Philippe since reference 1463, which was discontinued in the late 1960s. The reference was first introduced in 1998 in yellow gold only, and subsequently in white gold in 2001, followed by pink gold in 2003, each with a different dial combination. The present reference is one of the largest wristwatches ever produced by Patek Philippe and was produced in platinum only since 2008. The present watch is cased in platinum and fitted with a blue-metallic dial, giving the watch a contemporary look.

    Fresh to the market, the present lot is complete with all accessories, still sealed and never been used before.

  • 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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Property From an Asian Collector


Ref. 5070
A fine and rare platinum chronograph wristwatch with original certificate and fitted presentation box, factory sealed

Circa 2009
42 mm. diameter
Case, dial and movement signed

HK$700,000 - 1,000,000 

Sold for HK$1,036,000

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: TWO

Hong Kong Auction 31 May 2016