Patek Philippe - STYLED. Timeless Watches & How to Wear Them New York Wednesday, December 5, 2018 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2006
    Reference No: 5970G-001
    Movement No: 3’048’426
    Case No: 4’382’769
    Material: 18K white gold
    Calibre: Manual, cal. CH 27-70 Q, 24 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K white gold Patek Philippe deployant strap
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement, and clasp signed.
    Accessories: Accompanied by Patek Philippe Certificate of Origin, product literature, leather wallet, factory box and seal, inner fitted presentation box and outer box.

  • Catalogue Essay

    The reference 5970 inherited the mantle of Patek Philippe’s flagship complication – the perpetual calendar chronograph – upon its introduction in 2004. At the time, it was the latest in a long line of lauded wristwatches to feature this specific complication, all of which have been beautifully executed by Patek Philippe without a break for almost eight decades. The production run of each serially-produced perpetual calendar chronograph wristwatch is as follows: reference 5970 (2004 – 2011), reference 3970 (1987 - 2004). reference 2499 (1949 - 1987), and reference 1518 (1940 - 1951). Each has its own devoted followers, highly coveted and revered by collectors, and the 5970 is no different. According to scholarship, the reference 5970 was the first wristwatch designed and developed by Thierry Stern upon his assumption of the leadership of Patek Philippe.

    The 5970 was available in all four precious metals, with relatively standardized dial layouts, and was only produced for seven short years, giving it the most limited production run of any Patek Philippe perpetual calendar chronograph. It was also the last to use the modified Lemania 2310, as the 5270 replaced the 5970 and featured an in-house movement. The case of the 5970 presents a significant increase in size, from 36mm in the 3970 to a more modern 40mm, adding to its masculine appeal. Both the white gold and pink gold variants were only produced during the model’s first three years.

    The present example in 18K white gold cannot be exceeded in terms of condition. It retains all of its original accessories and is double sealed in its factory box – the closest one can get to traveling back in time to 2006 and purchasing it directly from the salon.

  • 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.

    View More Works

Σ104

Ref. 5970G-001
A fine and rare white gold perpetual calendar chronograph wristwatch with moon phase, certificate of origin and fitted presentation box, factory double sealed

Circa 2006
40mm Diameter
Case, dial, movement, and clasp signed.

Estimate
$80,000 - 120,000 
CHF79,700-120,000
€69,500-104,000
HK$627,000-941,000

Sold for $160,000

Contact Specialist
Paul Boutros
Head of Watches, Americas
+1 212 940 1293
pboutros@phillips.com

STYLED. Timeless Watches & How to Wear Them

New York Auction 5 December 2018