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

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  • Manufacturer: Patek Philippe
    Year: Circa 2007
    Reference No: 5970
    Movement No: 3'048'219
    Case No: 4'375'024
    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 folding deployant clasp
    Dimensions: 40 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin dated 2 February 2007, additional case back, setting pin, product literature, instruction manual, leather wallet and fitted presentation box.

  • Catalogue Essay

    Reference 5970 was released around 2004, following reference 3970's some 18 year production run. The new reference features a larger 40 mm case, as opposed to the 36mm case. Reference 5970 also cased a Lemania-based movement, like its predecessors reference 3970 and reference 5004, and featured square pushers as opposed to round ones.

    Reference 5970 marked the end of an era before Patek Philippe started producing its own in-house movements. For this reason, the reference enjoys enormous popularity among its peers and is increasingly sought-after among collectors today.

    Fresh to the market, the present watch is offered 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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Ref. 5970
A fine and rare white gold perpetual calendar chronograph wristwatch with 24 hours, leap year indicator, moon phases, original certificate, additional case back and fitted presentation box

Circa 2007
40 mm. diameter
Case, dial and movement signed

HK$700,000 - 1,200,000 

Sold for HK$925,000

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