Patek Philippe - The Hong Kong Watch Auction: SEVEN Hong Kong Monday, November 26, 2018 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2008
    Reference No: 5070P-001
    Movement No: 3’715’014
    Case No: 4’469’108
    Material: Platinum
    Calibre: Manual, cal. CH 27-70, 24 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: Platinum Patek Philippe clasp
    Dimensions: 42 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin dated 12 November 2008, sales tag, product brochure, instruction manual, leather wallet, slip case, fitted presentation box and outer packaging.

  • Catalogue Essay

    The 5070 model was the first chronograph-only wristwatch created by Patek Philippe since reference 1463 which was discontinued in the late 1960s.

    First introduced in 1998 in yellow gold, this reference was followed by white gold (2001) and pink gold (2013) , each with a different dial configuration.

    This platinum design was released in 2008 and is considered the most desirable of all 5070 variations. The sharp square button on the case gives a cool, retro twist.

    Highly treasured over the years for its elegant look, this watch is truly an epitome of timeless design. The present lot, coming from an important Asian collector, is in brand new, factory-sealed condition and comes complete with box and certificate.

  • 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. 5070P-001
A fine and rare platinum chronograph wristwatch with Certificate of Origin and box, factory sealed

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

HK$950,000 - 1,800,000 

Sold for HK$1,375,000

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: SEVEN

Hong Kong Auction 27 November 2018