Priority Bidding is here! Secure a lower Buyer’s Premium today (excludes Online Auctions and Watches). Learn More

87

Patek Philippe

Ref. 3970

A well-preserved and extremely rare yellow gold first series perpetual calendar chronograph wristwatch with two-tone dial, moon phases, leap year and 24-hour indication, Certificate of Origin and presentation box

Estimate
HK$1,000,000 - 2,000,000
€115,000 - 230,000
$128,000 - 256,000
HK$3,238,500
Lot Details
Manufacturer
Patek Philippe
Year
1986
Reference No
3970
Movement No
875’004
Case No
2’824’111
Material
18K yellow gold
Calibre
Manual, cal. CH 27-70 Q, 24 jewels
Bracelet/Strap
Leather
Clasp/Buckle
18K yellow gold Patek Philippe pin buckle
Dimensions
36mm diameter
Signed
Case, dial, movement and buckle signed
Accessories
Accompanied by Patek Philippe Certificate of Origin dated 31st January 1987, fitted presentation box and outer packaging. Further delivered with Patek Philippe Extract from the Archives confirming its date of manufacture in 1986 and its subsequent date of sale on 3rd February 1987.
Catalogue Essay
The present yellow gold example hails from the rarest and most desirable first series, and it is an extremely early and collectible example from 1986, being the fifth one made in the first series. The casemaker key number 28 stamped on the inside case back indicates that the yellow gold case was made by Ateliers Réunis. The gorgeous silver dial with the slightly darker sub-dials, sticker protected snap-on caseback, applied gold rectangular indexes and feuille hands further confirm it as a first series example.

First series (1986 – 1988) – Features a snap back case, feuille hands and rectangular indexes. Only produced in yellow gold with an estimated 100 examples produced, starting with the movement number 875’000 (The present example is the fifth first series example with the movement number 875’004).

Preserved in superb condition, the satin-brushed silver dial of the present specimen is beautifully preserved, and the case retains its strong stepped lugs stamped with legible hallmarks. It is offered with its certificate and presentation box, and is further delivered with a Patek Philippe Extract from the Archives, confirming its date of manufacture in 1986 and its subsequent date of sale on 3rd February 1987. This tremendously rare and collectible Patek Philippe reference 3970 will surely impress discerned collectors seeking for a timeless and important Patek Philippe perpetual calendar chronograph wristwatch.

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.
Browse Maker