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

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  • Manufacturer: Patek Philippe
    Year: 2005
    Reference No: 5070
    Movement No: 3'362'522
    Case No: 4'292'795
    Material: 18K white gold
    Calibre: Manual, cal. 27-70 CHR, 24 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 42mm Diameter
    Signed: Case, dial, movement, and clasp signed.
    Accessories: Accompanied by Patek Philippe fitted box, Certificate of Origin, leather folder and product literature. Further accompanied by Patek Philippe Extract from the Archives confirming production of this timepiece in 2005 and its subsequent sale on August 10th, 2005.

  • Catalogue Essay

    Whereas perpetual calendar chronographs have continuously graced Patek Philippe catalogues since the launch of the reference 1518 in 1941, the firm stopped producing simple chronographs in the late 1960s, after the discontinuation of the reference 1463.

    This is why the collecting community was extremely excited when Patek Philippe introduced a new chronograph-only reference in 1998 in yellow gold (see lot 88) and the subsequent launch of the white gold version, like the present model, in 2001.

    Directly inspired by the case and dial design of the unique Patek Philippe split-seconds chronograph reference 2512 from 1950, the reference 5070 enjoys a unique spot in Patek Philippe’s history as one of the largest watches it had produced. It was the last chronograph to use the lauded Lemania 2310 ébauche before Patek Philippe switched to an in-house caliber with the introduction of the reference 5170.

    The white gold reference 5070 pays homage to the legibility of its inspiration, the 2512, with a unique take - blackened white gold Arabic numerals and hands. Also used on the white gold reference 5970, it is a bold contrast to the silvered dial and sublime lustre of the white gold case, perfectly enhancing the stepped case and black tachymeter scale.

    The present reference 5070 is a rare find – a brand new example still in its original factory seal together with its original hangtag. It is furthermore accompanied by its Certificate of Origin, product literature, and original box.

  • 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. 5070
A very fine, rare, and oversized white gold chronograph wristwatch with certificate of origin, paperwork, and box, single sealed

42mm Diameter
Case, dial, movement, and clasp signed.

$50,000 - 80,000 

Sold for $81,250

Contact Specialist
Paul Boutros
Head of Watches, Americas
+1 212 940 1293

STYLED. Timeless Watches & How to Wear Them

New York Auction 5 December 2018