Patek Philippe - The Hong Kong Watch Auction: XIX Hong Kong Saturday, November 23, 2024 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2010
    Reference No: 5971P-001
    Movement No: 3’932’065
    Case No: 4’503’563
    Material: Platinum and diamonds
    Calibre: Manual, cal. CH 27-70 Q, 24 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum and diamond-set Patek Philippe pin buckle
    Dimensions: 40mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped C. Melchers GmbH & Co., China dated 8th November 2010, additional solid case back, instruction manual, product literature, leather folio, hang tag, setting pin, fitted presentation box and outer packaging.

  • Catalogue Essay

    Introduced in 2007, the ref. 5971 represents the most glamorous iteration within the celebrated 5970 family. As the final references to house a Lemania-based movement, it was succeeded in 2011 by a new fully in-house caliber. Boasting staggering proportions and an audacious wrist presence, it is not surprising that this timepiece has attained cult status, enjoying instant recognition and becoming increasingly popular and collectible over time.

    Not only does the movement earn its fame and collectability, the platinum case received unprecedented glamour with the bezel adorned with 36 handpicked, collection-grade baguette-cut diamonds. Further enhanced with diamond-set hour markers, the ebony black dial is as if surrounded by a baguette-shaped diamond halo. In addition to the diamond-set buckle, it totals 42 baguette-cut diamonds of a whopping 4.37 carats throughout.

    Presented in unworn condition and accompanied by all of its original accessories, this opportunity to acquire a fresh-to-the-market ref. 5971P-001 is as rare as the watch itself. A true testament to Patek Philippe's unparalleled expertise in haute horology, this exceptional timepiece represents a crowning jewel in the storied legacy of the perpetual calendar chronograph.

  • 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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Σ820

Ref. 5971P-001
A “like-new”, extremely attractive and rare platinum and baguette diamond-set perpetual calendar chronograph wristwatch with moon phases, 24 hours, leap year indication, additional solid case back, Certificate of Origin, setting pin and presentation box — single-sealed

Circa 2010
40mm diameter
Case, dial, movement and buckle signed

Estimate
HK$1,250,000 - 1,950,000 
€147,000-229,000
$160,000-250,000

Sold for HK$2,286,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2030
WatchesHK@phillips.com
 

Gertrude Wong
Head of Sale, Hong Kong
+852 2318 2045
gertrudewong@phillips.com
 

The Hong Kong Watch Auction: XIX

Hong Kong Auction 23 - 24 November 2024