Patek Philippe - The Hong Kong Watch Auction: XVII Hong Kong Friday, November 24, 2023 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2007
    Reference No: 5970G-001
    Movement No: 3’048’980
    Case No: 4’438’906
    Material: 18K white gold
    Calibre: Manual, cal. CH27-70Q, 24 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 40mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe undated Certificate of Origin stamped Cortina Watch PTE LTD Singapore, leather folio, instruction manual, product literature, additional solid caseback, setting pin, hang tag, envelope, slipcase, fitted presentation box and outer packaging.

  • Catalogue Essay

    The Patek Philippe ref. 5970 was launched in 2004 paying its homage to the legendary 2499. With a contemporary approach to its aesthetics, the reference features a much larger case size measuring 40mm diameter, a significant increase from its predecessor. Furthermore, the reference was the last to feature a Lemania based caliber CH 27-70 Q and stamped with the Geneva seal before it was replaced by the firm's very first in-house perpetual calendar chronograph caliber via the ref. 5270 and stamped with the new Patek Philippe seal.

    Introduced in yellow gold, pink gold, white gold and platinum, the white gold iteration features an exquisitely finished brushed silvered dial with blackened white gold hands and indexes giving the dial a perfect contrast as well as enhancing its legibility.

    The present example ref. 5970G-001 is presented in excellent overall condition. It is believed that no more than 1000 pieces were encased in white gold from 2004 to 2008. Complete with the full set of accessories including the Certificate of Origin and an additional caseback, it is most definitely an example that would impress discerned Patek Philippe collectors.

  • 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. 5970G-001
A very fine and attractive white gold perpetual calendar chronograph wristwatch with moon phases, 24-hour, leap year indication, additional solid caseback, Certificate of Origin and presentation box

Circa 2007
40mm diameter
Case, dial, movement and clasp signed

HK$800,000 - 1,400,000 

Sold for HK$1,524,000

Contact Specialist

Thomas Perazzi
Deputy Chairman, Watches, Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: XVII

Hong Kong Auction 24-25 November 2023