US import tariffs: Non-US origin lots in this sale (including watches and timepieces with Swiss-made or non-US made movements) will be subject to special tariffs upon import to the USA, currently ranging from 10% to 39% on the total invoice price (hammer price plus buyer’s premium). Buyers are responsible for paying any applicable tariffs, duties, taxes and charges when importing their purchased lots. Due to the evolving nature of international trade regulations, we recommend clients consult with their local customs office or advisor for up-to-date information on the applicable tariffs.
103Σ
Patek Philippe
Ref. 5070
An attractive and impressive yellow gold chronograph wristwatch with black dial and Certificate
- Estimate
- CHF35,000 - 70,000€37,800 - 75,500$44,000 - 87,900
CHF63,500
Lot Details
- Manufacturer
- Patek Philippe
- Year
- 1999
- Reference No
- 5070
- Movement No
- 3'146'285
- Case No
- 4'064'864
- Material
- 18k yellow gold
- Calibre
- Manual, Lemania-based cal. CH27-70, 24 jewels, stamped with the Geneva Seal
- Bracelet/Strap
- Patek Philippe alligator strap
- Clasp/Buckle
- 18k yellow gold Patek Philippe deployant clasp
- Dimensions
- 42mm Diameter
- Signed
- Case, dial, movement, strap and buckle clasp signed
- Accessories
- Accompanied by Patek Philippe Certificate of Origin stamped by "Patek Philippe SA Salons de Geneve" and dated March 4, 1999; furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present watch in 1999 with black dial, tachymeter scale and applied gold Arabic numerals and its subsequent sale on March 4, 1999
Specialist
Full-Cataloguing
Catalogue Essay
The reference 5070 enjoys a unique position in Patek Philippe’s history as one of the largest watches the brand produced and the first, last and only pure chronograph to use a modified Lemania 2310-based ébauche - before Patek Philippe switched to their in-house caliber with the introduction of the reference 5170.
A worthy and highly anticipated successor to the classic reference 1463 chronograph, which was removed from production in the 1960s, when released in 1998 the 5070 also featured a water-resistant case with a screw-down case back. First released in 18K yellow gold with a black dial, like the present example, the manufacture drew inspiration for the design of the 5070 from a unique, split-seconds chronograph wristwatch from the early 1950s: the extraordinary reference 2512, which measured at an incredible 46.2mm in diameter with influences from the Art Deco period and large aviator’s watches. The reference 2512 is currently housed in the Patek Philippe Museum in Geneva. Later produced in white gold, rose gold, and platinum, the yellow gold reference 5070 was discontinued soon after its launch, yet is the most faithful to the original design inspiration, and furthermore one of the versions that arguably pack the strongest aesthetic punch - in this case thanks to the bold contrast of black dial and gold case.
The present Patek Philippe chronograph from 1999 is offered for the first time at auction and is accompanied by its original Certificate of Origin and presentation box.
A worthy and highly anticipated successor to the classic reference 1463 chronograph, which was removed from production in the 1960s, when released in 1998 the 5070 also featured a water-resistant case with a screw-down case back. First released in 18K yellow gold with a black dial, like the present example, the manufacture drew inspiration for the design of the 5070 from a unique, split-seconds chronograph wristwatch from the early 1950s: the extraordinary reference 2512, which measured at an incredible 46.2mm in diameter with influences from the Art Deco period and large aviator’s watches. The reference 2512 is currently housed in the Patek Philippe Museum in Geneva. Later produced in white gold, rose gold, and platinum, the yellow gold reference 5070 was discontinued soon after its launch, yet is the most faithful to the original design inspiration, and furthermore one of the versions that arguably pack the strongest aesthetic punch - in this case thanks to the bold contrast of black dial and gold case.
The present Patek Philippe chronograph from 1999 is offered for the first time at auction and is accompanied by its original Certificate of Origin and presentation box.
Patek Philippe
Swiss | 1839Since 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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