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

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  • Manufacturer: Patek Philippe
    Year: Circa 2008
    Reference No: 5970
    Movement No: 3'049'266
    Case No: 4'452'685
    Material: 18k yellow gold
    Calibre: Mechanical, CH 27-70 Q, 24 jewels
    Bracelet/Strap: Black Patek Philippe crocodile leather strap
    Clasp/Buckle: 18k yellow gold Patek Philippe folding deployant clasp
    Dimensions: 40 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin dated 19 June 2008, additional case back, setting pin, product literature, instruction manual, sales tag, wallet and fitted presentation box.

  • Catalogue Essay

    Manufactured from 2004 to 2011, reference 5970 was the very last perpetual calendar chronograph wristwatch series to use a Lemania 2310 based movement before the introduction of reference 5270.

    Due to its generous and modern case proportions, this reference is a favorite among the watch community, and has increased in popularity and collectability over time. While the reference has enjoyed variations such as different gem-set bezels and various dial designs, examples cased in yellow gold like this watch are the true classics. The present watch is fresh to the market and is presented in like new condition.

  • 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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Σ160

Ref. 5970
A very fine and rare yellow gold perpetual calendar chronograph wristwatch with 24 hours, leap year indicator, moon phases, additional case back, original certificate and fitted presentation box

Circa 2008
40 mm. diameter
Case, dial and movement signed

Estimate
HK$620,000 - 900,000 

Sold for HK$775,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001
thomasperazzi@phillips.com

Ziyong Ho
Specialist
+852 9386 2032
ziyongho@phillips.com

Jill Chen
Specialist
+852 2318 2033
jillchen@phillips.com

The Hong Kong Watch Auction: TWO

Hong Kong Auction 31 May 2016