Patek Philippe - The 2021 New York Watch Auction New York Saturday, December 11, 2021 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2015
    Reference No: 5170G-001
    Movement No: 5’826’144
    Case No: 4’698’478
    Material: 18K White Gold
    Calibre: Manual, cal. CH 29-535 PS AIG.1, 33 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 39.5mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 15 September 2015, fitted presentation box, leather envelope with product literature, and outer packaging.

  • Catalogue Essay

    The chronograph is one of the most quintessential and practical timekeeping complications with a rich history reaching back over 200 years stemming from the first known chronograph watch made by Louis Moinet in 1816. While originally found on pocket watches, chronograph wristwatches rose in popularity in the early 20th century alongside new technologies like the automobile and aviation as they found a mainstream audience. Longines manufactured a monopusher chronograph in 1913, followed by other brands including Patek Philippe, which produced their first simple chronograph wristwatch in 1924 with a 13’’’ movement based on a modified Victorin Piguet ébauche. Since that time, the brand has developed and released a long line of cherished chronographs from the early reference 130, to their iconic complicated perpetual calendar chronographs including the references 1518 and 2499.

    Patek Philippe discontinued their simple chronograph wristwatch production in the late 1960s with the sporty, water resistant reference 1463, and would not offer another simple chronograph model until the reference 5070, introduced in 1998. The 42mm diameter case with stepped bezel created a modern aesthetic that quickly attracted the attention of watch enthusiasts. Using a heavily-modified ebauche supplied by Lemania, the model was replaced 12 years later with the introduction of the yellow gold reference 5170 featuring Patek Philippe’s first in-house chronograph movement in a smaller 39.5mm diameter case.

    The white gold version of the reference 5170 was introduced in 2013, with the distinction of having a dial with applied Breguet hour markers and pulsometer scale. With a slim yet sizable case profile, the 5170 is highly discreet and versatile - a perfect watch for the office, board meeting, or for weekend wear. 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 is offered in excellent condition by its original owner, and complete with its accessories.

    PROPERTY OF 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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Ref. 5170G-001
A fine and attractive white gold chronograph wristwatch with pulsometer scale, original Certificate of Origin, and presentation box

Circa 2015
39.5mm Diameter
Case, dial, movement and clasp signed

Estimate
$20,000 - 30,000 
CHF18,500-27,800
€17,700-26,600
HK$156,000-234,000

Sold for $52,920

Contact Specialist

Paul Boutros

Head of Watches, Americas

+1 (212) 940-1293

WatchesNY@Phillips.com

 

The 2021 New York Watch Auction

New York Auction 11 - 12 December 2021