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

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  • Manufacturer: Patek Philippe
    Year: Circa 2007
    Reference No: 5971
    Movement No: 3'931'051
    Case No: 4'487'054
    Material: Platinum and diamonds
    Calibre: Mechanical, CH 27-70 Q, 24 jewels
    Bracelet/Strap: Black Patek Philippe crocodile leather strap
    Clasp/Buckle: Platinum and diamond-set Patek Philippe Henri Stern buckle
    Dimensions: 39 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe undated Certificate of Origin, additional case back, setting pin, product literature, sales tag, leather wallet, slip case, fitted presentation box and outer packaging.

  • Catalogue Essay

    Manufactured in very limited numbers, the Patek Philippe reference 5971 is set with 36 flawless rare white Top Wesselton baguette-cut diamonds weighing approximately 4 carats in total. Seldom seen at auction, the reference is discontinued today and replaced by the 5271. The refined reference combines watching making most sought after complications including perpetual calendar, chronograph, moon phases, 24 hours and leap year indicator. Still factory sealed and never been used, the present watch is a pristine example that brings together mechanical excellence and aesthetic appeal.

  • 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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Σ1007

Ref. 5971
A fine and rare platinum and diamond-set perpetual calendar chronograph wristwatch with moon phases, 24 hours, leap year indicator, original certificate, additional case back and presentation box, factory sealed

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

Estimate
HK$1,400,000 - 1,800,000 
€164,000-211,000
$175,000-225,000

Sold for HK$1,625,000

Hong Kong Watch Auction: THREE

Hong Kong Auction 29 November 2016