59Σ
Patek Philippe
Ref. 5070J-001
A highly attractive, oversized, and desirable yellow gold chronograph wristwatch with Certificate of Origin and presentation box
- Estimate
- $40,000 - 80,000
$69,850
Lot Details
- Manufacturer
- Patek Philippe
- Year
- 2001
- Reference No
- 5070J-001
- Movement No
- 3’146’787
- Case No
- 4’090’654
- Material
- 18K yellow gold
- Calibre
- Manual, cal. 27-70 CHR, 24 jewels
- Bracelet/Strap
- Crocodile
- Clasp/Buckle
- 18K yellow gold Patek Philippe deployant clasp
- Dimensions
- 42mm Diameter
- Signed
- Case, dial, movement, and clasp signed.
- Accessories
- Accompanied by undated Patek Philippe Certificate of Origin stamped by Spanish retailer Perodri Joyeros, product literature, leather folio, inner presentation box, and outer box. Further accompanied by Extract from the Archives confirming production of the present watch in 2001 and its subsequent sale on February 26, 2001.
Specialist
Full-Cataloguing
Catalogue Essay
The Patek Philippe reference 5070 was the first chronograph-only wristwatch released by the firm since the 1960s when production of the iconic water-resistant reference 1463 ceased.
Introduced in 1998 at Basel, it was something of a shock to collectors that Patek would choose to reintroduce their chronograph-only line in such bold fashion – particularly the oversized 42mm case diameter and the dramatically thick, stepped bezel. First released in 18K yellow gold with a black dial, such as 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 reference 2512.
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, as it features the same yellow gold case material and black dial color. Even the applied yellow gold Arabic numerals echo the mirrored numerals on the reference 2512. The movement powering the 5070, the caliber 27-70, is based on the Lemania 2310 – significantly modified by Patek Philippe. It’s an ébauche that was famously used by Omega through the 1950s and ‘60s as the base for the caliber 321 inside the Speedmaster. In its current form as the caliber 27-70, it features a heavily modified escapement and exceptional finishing by Patek Philippe in their typical style and is stamped with the prestigious Geneva Seal.
Accompanied by its original Certificate of Origin with visible hallmarks on the outer side of the lugs, this neo-vintage Patek Philippe chronograph retains an impressive aesthetic on the wrist, with watchmaking excellence within to back it up.
Introduced in 1998 at Basel, it was something of a shock to collectors that Patek would choose to reintroduce their chronograph-only line in such bold fashion – particularly the oversized 42mm case diameter and the dramatically thick, stepped bezel. First released in 18K yellow gold with a black dial, such as 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 reference 2512.
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, as it features the same yellow gold case material and black dial color. Even the applied yellow gold Arabic numerals echo the mirrored numerals on the reference 2512. The movement powering the 5070, the caliber 27-70, is based on the Lemania 2310 – significantly modified by Patek Philippe. It’s an ébauche that was famously used by Omega through the 1950s and ‘60s as the base for the caliber 321 inside the Speedmaster. In its current form as the caliber 27-70, it features a heavily modified escapement and exceptional finishing by Patek Philippe in their typical style and is stamped with the prestigious Geneva Seal.
Accompanied by its original Certificate of Origin with visible hallmarks on the outer side of the lugs, this neo-vintage Patek Philippe chronograph retains an impressive aesthetic on the wrist, with watchmaking excellence within to back it up.
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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