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

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  • Manufacturer: Patek Philippe
    Year: Circa 2006
    Reference No: 5970
    Movement No: 3'048'399
    Case No: 4'381'438
    Material: 18k pink gold
    Calibre: Mechanical, CH 27-70 Q, 24 jewels
    Bracelet/Strap: Brown Patek Philippe crocodile leather strap
    Clasp/Buckle: 18k pink gold Patek Philippe folding deployant clasp
    Dimensions: 40 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin dated 25 December 2006, additional case back, setting pin, product literature, instruction manual, sales tag, leather wallet, slip case, fitted presentation box and outer packaging.

  • Catalogue Essay

    The reference 5970, the successor of the celebrated reference 3970, was introduced at the Basel Fair in 2005. The reference ceased production in 2011 with the introduction of the reference 5270. It is the last perpetual calendar chronograph wristwatch produced by the company fitted with a Lemania movement, which is still highly sought after by collectors. The watch is coupled with a pink gold case measuring 40 mm. diameter, which gives it tremendous presence on the wrist. The chronograph registers, moon phases and tachymeter scale are perfectly balanced on the dial. Offered in excellent overall condition and complete with original certificate and fitted presentation box, this present watch is true classic that is highly collectible.

  • 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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Σ983

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

Circa 2006
40 mm. diameter
Case, dial and movement signed

Estimate
HK$720,000 - 1,350,000 
€84,500-158,000
$90,000-150,000

Sold for HK$900,000

Hong Kong Watch Auction: THREE

Hong Kong Auction 29 November 2016