Patek Philippe - Hong Kong Watch Auction: THREE Hong Kong Monday, November 28, 2016 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2008
    Reference No: 5070
    Movement No: 3'715'392
    Case No: 4'459'406
    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 22 November 2008, product literature, instruction manual, sales tag, leather wallet, fitted presentation box and outer packaging.

  • Catalogue Essay

    Reference 5070 was the first chronograph-only wristwatch that Patek Philippe produced since the the launch of reference 1463. Boasting a large case size of 42 mm., the reference is one of the largest models ever produced by Patek Philippe. Patek Philippe released the platinum example in 2008 and it is the most coveted of all 5070s.

  • 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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Σ1006

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

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

Estimate
HK$700,000 - 1,000,000 
€82,200-117,000
$87,000-125,000

Sold for HK$975,000

Hong Kong Watch Auction: THREE

Hong Kong Auction 29 November 2016