Patek Philippe - The Hong Kong Watch Auction: TWO Hong Kong Monday, May 30, 2016 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2004
    Reference No: 3970
    Movement No: 3'047'306
    Case No: 4'216'237
    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 deployant clasp
    Dimensions: 36.5 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin dated 18 November 2004, product literature, instruction manual, leather wallet, fitted presentation box and outer packaging. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present watch with opaline-white dial in 2004 and its subsequent sale on 18 November 2004.

  • Catalogue Essay

    The perpetual calendar chronograph wristwatch, reference 3970, was released from 1986 to 2006. It was cased in platinum, white gold, pink gold and yellow gold. There are three series in which reference 3970 was produced:

    The first series featured a snap back case.

    The second series featured a solid case back, and was produced concurrently with reference 3971 with a snap sapphire case back.

    The third series was accompanied with “E” for étanche, or waterproof. They came with both a sapphire and solid screw backs for all watches.

    3970 was the first reference to use a Lemania 2310 based movement, not a Valjoux movement.

    Fresh to the market, the present watch is from the very last series of reference 3970, and purchased the very year that this reference ceased production. It is furthermore presented in excellent overall condition with strong fluting to the lugs and very crisp hallmarks under the lugs.

  • 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. 3970
A fine and rare white gold perpetual calendar chronograph wristwatch with moon phases, original certificate and fitted presentation box

36.5 mm. diameter
Case, dial and movement signed

HK$500,000 - 800,000 

Sold for HK$687,500

Contact Specialist
Thomas Perazzi
Head of Watches, Asia
+852 2318 2030
[email protected]

Ziyong Ho
+852 9386 2032
[email protected]

Jill Chen
+852 2318 2033
[email protected]

The Hong Kong Watch Auction: TWO

Hong Kong Auction 31 May 2016