Patek Philippe - The Hong Kong Watch Auction: EIGHT Hong Kong Monday, May 27, 2019 | Phillips
  • Manufacturer: Patek Philippe
    Year: 2005
    Reference No: 5970G
    Movement No: 3'047'809
    Case No: 4'293'924
    Material: 18k white gold
    Calibre: Manual, cal. CH 27-70Q, 24 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18k white gold Patek Philippe deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied with a Patek Philippe setting pin. Further delivered with Patek Philippe Extract from the Archives confirming production of the present watch in 2005 and its subsequent sale on October 24th, 2005.

  • Catalogue Essay

    Patek Philippe perpetual calendar chronograph wristwatches have been one of the most prestigious and recognizable complicated timepieces available on the market since the iconic reference 1518 was first released in 1940. Over the last 80 years, this grand complicated wristwatch has been offered to the brands clientele as a superior watch without compromise in design or technology. The reference 5970 was introduced in 2004 and remained in production until 2011. It was available in all four precious metals with the white and pink gold model’s only available during the first three years.

    The watch was modernized with a case diameter increase from 36mm seen on its immediate predecessor the reference 3970, to a 40mm diameter case and it is the last model to feature the modified Lemania movement, before Patek Philippe manufactured an in-house movement for the replacement example, the reference 5270.

    A sporty contemporary wristwatch, the reference 5970G is a wearable daily watch that can be an accessory to jeans or a tuxedo. While the present example is sealed, it has been worn in the past as evidence by the condition of the strap and very shallow to light wear to the case, however it is fresh to the market. For connoisseurs of complicated chronograph watches, the reference 5970G is a must have timepiece, and the present example is the opportunity to own one of these rare timepieces.

  • 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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Σ1194

Ref. 5970G
A very fine and attractive white gold perpetual calendar chronograph wristwatch with moon phases

2005
40mm Diameter
Case, dial, movement and clasp signed

Estimate
HK$550,000 - 750,000 
€62,000-84,600
$70,500-96,200

Sold for HK$925,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
thomasperazzi@phillips.com
+852 2318 2001

The Hong Kong Watch Auction: EIGHT

Hong Kong Auction 28 May 2019