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850Σ

Patek Philippe

Ref. 5971P-001

An extremely attractive and rare platinum and baguette diamond-set perpetual calendar chronograph wristwatch with moon phases, 24 hours, leap year indication, additional solid case back, Certificate of Origin and presentation box

Estimate
HK$1,300,000 - 1,950,000
€157,000 - 236,000
$167,000 - 250,000
HK$2,413,000
Lot Details
Manufacturer
Patek Philippe
Year
Circa 2010
Reference No
5971P-001
Movement No
3’931’991
Case No
4’513’076
Material
Platinum and diamonds
Calibre
Manual, cal. CH 27-70Q, 24 jewels
Bracelet/Strap
Crocodile
Clasp/Buckle
Platinum and diamond-set Patek Philippe pin buckle
Dimensions
40mm diameter
Signed
Case, dial, movement, and buckle signed
Accessories
Accompanied by Patek Philippe Certificate of Origin stamped Polacheck & Assoc., Inc. dated 24th Sep 2010, additional solid caseback, hang tag, setting pin, leather folio, instructions manual, product literature, fitted presentation box and outer packaging.
Catalogue Essay
The Patek Philippe ref. 1518 holds an influential place in watchmaking history. Its classic subdial layout and moonphase design established an aesthetic that continues to be seen in later perpetual calendar chronograph models like the references 2499 (1951-1987), 3970 (1987-2004), 5970 (2004-2011), and 5270.

The present ref. 5971P represents the pinnacle of the 5970 line. Launched in 2007 as one of the last Lemania-based movements, the ref. 5971 made its final catalog appearance in 2011. With powerful proportions and wrist presence, this discontinued rarity has become increasingly popular among collectors in recent years.

True to Patek Philippe's standards of intricate detail, the bezel is not the only feature graced with hand-selected diamonds. The ebony black lacquered dial is surrounded by a baguette diamond halo and enhanced with diamond hour markers, totaling 42 diamonds at 4.37 carats. The timepiece is complete with a gem-set buckle.

Fresh-to-market, this is the 47th known example of ref. 5971P to have surfaced on the market and is offered in excellent overall condition with its original accessories. This beautiful diamond-set platinum perpetual calendar chronograph exemplifies the pinnacle of watchmaking and haute joaillerie.

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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