Patek Philippe - The New York Watch Auction: SEVEN New York Saturday, December 10, 2022 | Phillips

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  • Condition Report

  • Description

    View our Conditions of Sale.

  • Manufacturer: Patek Philippe
    Year: Circa 2009
    Reference No: 5970J
    Movement No: 3’049’829
    Case No: 4’473’851
    Material: 18K yellow gold
    Calibre: Manual, cal. CH 27-70 Q, 24 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K yellow gold Patek Philippe clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement and clasp signed.
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated April 4, 2009, and stamped Geary’s, Beverly Hills, fitted wooden presentation box, leather envelope, product literature and outer packaging. Further accompanied by a Patek Philippe Extract from the Archives confirming production of the present watch in 2009 and its subsequent sale on January 28th, 2009.

  • Catalogue Essay

    Patek Philippe’s legendary line of perpetual calendar wristwatches began with the reference 1518 in 1941, and continues today with their current model, the reference 5270. Introduced in 2011, the reference 5270 replaced the reference 5970 first released in 2004.

    The reference 5970 has a similar design and dial layout to its famous predecessors with day and month indicated via apertures, the date and moonphase display elegantly placed at 6 o’clock. In production for only seven short years, it had the shortest production run for any perpetual calendar chronograph by Patek Philippe. The 40mm diameter case with faceted lugs has a distinctly 21st century vibe, yet pays tribute to the reference 2499 with its rectangular pushers – only found on the coveted and extremely rare 1st series 2499 models. The 5970 was an immediate success and continues to be a collector’s favourite from Patek Philippe’s collection of complicated watches. With the current reference 5270 housing Patek Philippe’s first in-house chronograph caliber, the reference 5970 was the brand’s last perpetual calendar chronograph to feature a modified Lemania-based caliber.

    The present example from 2009 is offered as a complete set, accompanied by its Certificate of Origin, presentation box, and additional solid caseback. Produced in yellow, pink, and white gold as well as platinum, yellow gold examples are considered the rarest. It represents a rare opportunity to obtain one of Patek Philippe’s most desirable classical perpetual calendar chronograph models in yellow gold, hardly ever offered on the market.

  • 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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Σ19

Ref. 5970J
A very fine and attractive yellow gold perpetual calendar chronograph wristwatch with moon phase, Certificate of Origin and presentation box

Circa 2009
40mm Diameter
Case, dial, movement and clasp signed.

Estimate
$70,000 - 140,000 
CHF66,500-133,000
€67,700-135,000
HK$548,000-1,100,000
S$96,400-193,000

Place Advance Bid
Contact Specialist

Paul Boutros

Head of Watches, Americas

+1 (212) 940-1293

[email protected]

 

Isabella Proia

Head of Sale, New York

+1 (212) 940 1285

[email protected]

 

The New York Watch Auction: SEVEN

New York Auction 10 - 11 December 2022