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

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  • Manufacturer: Patek Philippe
    Year: 2010
    Reference No: 5970G-001
    Movement No: 3’048’215
    Case No: 4’375’019
    Material: 18K white gold
    Calibre: Manual, cal. CH27-70 Q, 24 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K white gold Patek Philippe clasp
    Dimensions: 40mm. Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped by Sincere Watch Ltd. on June 28, 2010, additional case back, setting pin, leather wallet, product literature, fitted presentation box and outer packaging.

  • Catalogue Essay

    Introduced to the market at Baselworld in 2005 to replace the preceding reference 3970, the reference 5970 was in production until 2010. The model enjoyed overnight success and continued to be one of the most coveted watches amongst watch connoisseurs.

    The present reference 5970 is a noteworthy heir to Patek Phillipe’s perpetual calendar chronograph series. The reference 5970 was Patek Philippe's very last perpetual calendar chronograph wristwatch series to use a Lemania 2310-based caliber and the last to feature the Geneva seal on the movement. The beautifully crafted 18K white gold 40-mm. case and facetted lugs definitely bestow the watch with a grand and sophisticated aura. The white gold version has gained worldwide popularity thanks to its imposing looks.

    The reference 5970 has always been widely popular since its debut, and has increased in popularity and collectability after its discontinuation. Completed with Certificate of Origin, a wooden fitted presentation box, additional caseback and hang tag, the present lot is an exceptional opportunity for watch collectors to possess an unbeatable masterpiece.

  • 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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Σ1020

Ref. 5970G-001
A very fine and rare white gold perpetual calendar chronograph wristwatch with moon phases, additional case back, original certificate and fitted presentation box

2010
40mm. Diameter
Case, dial, movement and clasp signed

Estimate
HK$745,000 - 1,100,000 
€82,300-122,000
$95,500-141,000

Sold for HK$1,125,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001
thomasperazzi@phillips.com

Ziyong Ho
Specialist
+852 9386 2032
ziyongho@phillips.com

Jill Chen
Specialist
+852 2318 2033
jillchen@phillips.com

The Hong Kong Watch Auction: SEVEN

Hong Kong Auction 27 November 2018