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28

Patek Philippe

Ref. 5070G-001

An exceptionally well-preserved and elegant white gold chronograph wristwatch with certificate of origin and presentation box

Estimate
CHF40,000 - 80,000
€42,700 - 85,400
$46,700 - 93,400
CHF57,150
Lot Details
Manufacturer
Patek Philippe
Year
2005
Reference No
5070G-001
Movement No
3'362'624
Case No
4'310'181
Material
18K white gold
Calibre
Manual, cal. 27-70, 24 jewels
Bracelet/Strap
Leather
Clasp/Buckle
18K white gold Patek Philippe deployant clasp
Dimensions
42mm Diameter
Signed
Case, dial, movement and deployant clasp signed
Accessories
Accompanied by Patek Philippe Certificate of Origin dated December, 2005, instruction manual, leather folio, fitted presentation box and outer packaging.
Catalogue Essay
First introduced at Baselworld in 1998, the Patek Philippe reference 5070 sent shockwaves within the more traditional collecting community thanks to its revolutionary design and modern case size. A milestone for the Maison, this modern chronograph-only wristwatch is the direct successor of reference 1463, a highly coveted vintage model from Patek Philippe.

Featuring a water-resistant case with a screw-down see-through case back, the reference 5070 measures a steady 42mm in diameter with an extremely contemporary and attractive stepped bezel. It holds a unique spot in Patek Philippe’s history as one of the largest watches the brand had produced and the last chronograph to use a modified Lemania 2310-based ébauche. The model inherited the design of the unique reference 2512 from 1950, an oversized split-seconds chronograph that now resides in the Patek Philippe Museum.

The present example, extremely well-preserved, was originally acquired in December 2005 in the vibrant city of Las Vegas. One can imagine that after a successful night at the casino, the fortunate winner decided to celebrate their victory by gifting themselves a stunning Patek Philippe for Christmas. Adorning the prestigious Poinçon de Genève on its movement, awarded to watches made in Geneva and finished to the highest degree, the watch is further accompanied by its set of accessories.

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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