Patek Philippe - Racing Pulse New York Saturday, December 12, 2020 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2011
    Reference No: 5170J-001
    Movement No: 5’509’509
    Case No: 4’512’445
    Material: 18K yellow gold
    Calibre: Manual, CH 29-535 PS AIG.1, 33 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K yellow gold Patek Philippe deployant clasp
    Dimensions: 39mm Diameter
    Signed: Case, dial, movement, and buckle signed.
    Accessories: Accompanied by Patek Philippe Extract from the Archives confirming manufacture of the present watch in 2010 and its subsequent sale on December 10th 2010. Accompanied by Patek Philippe Duplicata Certificate of Origin confirming sale of the watch on August 1st, 2011, leather folio, paper envelope, product literature, and inner and outer presentation boxes.

  • Catalogue Essay

    The reference 5170 was a milestone model introduced in 2010 and housing Patek Philippe’s first entirely in-house simple chronograph movement. It replaced the 12-year run of the reference 5070, the first modern Patek chronograph to be produced since the discontinuation of the iconic vintage reference 1463 in the late 1960s. The reference 5070 was significantly larger than the 5170’s 39 mm case diameter, at 42mm in diameter, and housed a Lemania-based chronograph movement modified and finished by Patek Philippe. In 2019, the reference 5170 in all case metals was discontinued and replaced by the reference 5172 featuring a larger, 41mm case with stepped lugs.

    With a slim yet sizable case profile, the 5170 is rather discreet and wearable - a perfect watch for the office, board meeting, or for weekend wear. The yellow gold iteration with baton indexes and opaline dial presents a more classical styling than its predecessor 5070 or succeeding reference 5172 – perhaps the closest one could get in the modern era to a vintage reference 530. Stamped with the Patek Philippe Seal, the caliber CH 29-535 PS winds smoothly and beautifully, and the chronograph pushers have extremely satisfying haptics. The present example, consigned by the original owner, is offered in its original factory seal and accompanied with its full set of accessories - a rare opportunity to collect a discontinued reference.

    Consigned by the Original Owner

  • 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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Σ131

Ref. 5170J-001
A rare and attractive yellow gold chronograph wristwatch with pulsometer scale, with Certificate of Origin and presentation box, factory sealed

2011
39mm Diameter
Case, dial, movement, and buckle signed.

Estimate
$20,000 - 30,000 
CHF18,300-27,500
€16,900-25,400
HK$155,000-233,000

Sold for $52,920

Contact Specialist

Paul Boutros
Head of Watches, Americas & International Strategy Advisor
Senior Vice President
+1 212 940 1293
pboutros@phillips.com

Racing Pulse

New York Auction 12 December 2020