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  • Manufacturer: Patek Philippe
    Year: 2015
    Reference No: 3970ER-028
    Movement No: 3’932’344
    Case No: 4’225’347
    Material: 18k pink gold
    Calibre: Manual, cal. CH27 70Q
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18k pink gold Patek Philippe deployant clasp
    Dimensions: 36mm diameter
    Signed: Case, dial, clasp and movement signed
    Accessories: With Certificate of Origin dated September 12, 2015, Patek Philippe wooden presentation box, Patek Philippe portfolio with glossy image of the watch and product literature, additional pink gold hard back, setting pin and hang tag

  • Catalogue Essay

    The present watch is a re-introduction of the 3970 and was made in a limited number of five pieces celebrating the brands 175th anniversary and unveiled at the “Art of the Watches” Grand Exhibition in London in 2015. In addition to the rose gold example, Patek Philippe also released a platinum example with matching black dial. The watches retain the look and feel of the original iteration because they are produced from new old stock cases and movements. The black dial plays well with the pink gold case. During the release of this limited edition wristwatch, the brand also released similar discontinued models, a white gold 5070 chronograph with pink dial, a platinum 5070 with blue dial, a yellow gold 5070 with black dial and a rose gold example with sunburst brown dial. An edition of the 5970 perpetual calendar chronograph, one white gold model with beige/pink dial and a yellow gold example with black dial. There is a reference 5050 perpetual calendar with retrograde date, as well as four versions of the 5059; rose gold with sunburst brown dial, white gold with salmon pink dial, yellow gold with dark grey or sunburst blue dial. Finally, there was a re-edition of the 3940, one in pink gold with brown dial and a white gold example with yellow dial.

    These extraordinary timepieces were offered solely during the London exhibition and rarely if ever come to auction. This is the first time this example has appeared at public auction. In lovely condition and complete, this timepiece makes a unique addition to a collection of complicated Patek Philippe wristwatches.

  • 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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Σ921

Ref. 3970ER-028
An extremely rare and highly attractive pink gold perpetual calendar chronograph wristwatch with black dial and Breguet numeral at the 12 o’clock, tachymeter scale, Certificate of Origin, presentation box and additional hard back

2015
36mm diameter
Case, dial, clasp and movement signed

Estimate
HK$1,600,000 - 3,000,000 
€177,000-331,000
$205,000-385,000

Sold for HK$1,937,500

Contact Specialist
Thomas Perazzi
Head of Watches, Asia
+852 2318 2030
[email protected]

Ziyong Ho
Specialist
+852 9386 2032
[email protected]

Jill Chen
Specialist
+852 2318 2033
[email protected]

The Hong Kong Watch Auction: SEVEN

Hong Kong Auction 27 November 2018