Patek Philippe - The Geneva Watch Auction: XVII Geneva Saturday, May 13, 2023 | Phillips
  • Manufacturer: Patek Philippe
    Year: 2008
    Reference No: 5970J-001
    Movement No: 3'049'237
    Case No: 4'453'821
    Material: 18K yellow gold
    Calibre: Automatic, cal. 27-70 Q, 24 jewels
    Bracelet/Strap: Leather and Alligator
    Clasp/Buckle: 18K yellow gold Patek Philippe deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated June 16, 2008, additional numbered caseback, setting pin, wallet, product literature, presentation box and outer packaging.

  • Catalogue Essay

    Reference 5970 is the proud heir to Patek Philippe’s legacy of perpetual calendar chronographs starting with the reference 1518, followed by the famous 2499 and 3970.

    Launched in 2004 and in production for only 7 short years (making it the shortest run for any perpetual calendar chronograph model by Patek Philippe), in 2011 reference 5970 was replaced by reference 5270 that houses Patek Philippe’s first in-house chronograph caliber. Reference 5970 relied on a heavily modified and much appreciated Lemania-based movement.

    Whereas the reference 2499 (2nd series onward) and reference 3970 featured round pushers, reference 5970 comes with rectangular pushers giving it an incomparable resemblance to the highly coveted and über rare reference 2499 1st series.

    Upon launch, this model became an instant success and since its discontinuation, it has only increased in popularity and collectability, with yellow gold examples remaining the most classic of variants and produced for one year only.

    While the reference has enjoyed variations such as different gem-set bezels and various dial designs, examples cased in yellow gold like the present watch are believed to be the rarest metal. The present watch is furthermore offered as a full set with its Patek Philippe Certificate of Origin dated 2008, additional caseback, hang tag, setting pin, presentation box and outer packaging.

  • Artist Biography

    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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Σ13

Ref. 5970J-001
A rare and attractive yellow gold perpetual calendar chronograph wristwatch with moonphases, 24-hour indication, leap year indication, setting pin, additional caseback, original certificate and fitted presentation box

2008
40mm Diameter
Case, dial, movement and clasp signed

Estimate
CHF100,000 - 200,000 
€104,000-208,000
$114,000-228,000

Sold for CHF215,900

Contact Specialist

Alexandre Ghotbi
Head of Watches, Continental Europe and the Middle East

+41 79 637 17 24
AGhotbi@phillips.com

Tiffany To
Head of Sale, Geneva

+41 79 460 55 88
TiffanyTo@phillips.com

The Geneva Watch Auction: XVII

Geneva Auction 13 - 14 May 2023