Patek Philippe - The Hong Kong Watch Auction: NINE Hong Kong Monday, November 25, 2019 | Phillips
  • Manufacturer: Patek Philippe
    Year: 2008
    Reference No: 5970J-001
    Movement No: 3'049'460
    Case No: 4'451'768
    Material: 18k yellow gold
    Calibre: Manual, CH 27-70, 24 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18k yellow gold Patek Philippe deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement signed
    Accessories: Further accompanied by Patek Philippe Certificate of Origin stamped Zong Chong Watch Co., LTD. dated 13th December 2009, instruction manual, product literature, leather folio, outer packaging and fitted presentation box. Further delivered with Extract from the Archives confirming production of the present watch in 2008 and its subsequent sale on July 25th, 2008.

  • Catalogue Essay

    Patek Philippe’s workmanship and technical expertise with serialised perpetual calendar chronograph wristwatches began nearly 80 years ago when the Stern family first released the reference 1518 in 1941. Following in a long line of now iconic timepieces, from the 1518, to the 2499 and the 3970, the reference 5970, first released in 2004, became a modern classic keeping the tradition alive.

    With a 40mm diameter case, the watch is 4mm larger than its immediate predecessor the 3970, allowing for more space on the dial and achieving a cleaner look with easier readability. There is a fine symmetry between the individual parts giving the dial a perfect balance. The case was enhanced with rectangular chronograph pushers, something not seen since the 1518 and first series 2499 in the mid-20th century, along with the uniquely shaped lugs reminiscent of earlier watches like the reference 1579. The combined larger face, chronograph buttons and bevelled lugs all contribute to a wristwatch with a strong masculine appeal.

    Patek Philippe produced the 5970 for only seven years when it was replaced by the reference 5270, which featured Patek Philippe’s new in-house chronograph movement, with the 5970 the last of the Lemania based movements. Research believes approximately 2800 examples were produced with those in rose and white gold made from 2004 to 2008 in approximately 1000 examples each. The yellow gold version, like the present example was only made in 2008 and production numbers are estimated at around 100-300 pieces, making the yellow gold version the rarest of all. Patek Philippe produced a platinum series from 2009-2010. The present example is fresh to the market and REMAINS FACTORY SEALED.

  • 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. 5970J-001
A fine and attractive yellow gold perpetual calendar chronograph wristwatch with 24-hour indication, moon phases, additional case back, setting pin, Certificate of Origin and presentation box, single sealed

40mm Diameter
Case, dial, movement signed

HK$700,000 - 1,000,000 

Sold for HK$1,312,500

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: NINE

Hong Kong Auction 25-26 November 2019