Patek Philippe - Hong Kong Watch Auction: THREE Hong Kong Monday, November 28, 2016 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2009
    Reference No: 5970
    Movement No: 3'931'066
    Case No: 4'485'125
    Material: Platinum
    Calibre: Mechanical, CH 24-70 Q, 24 jewels
    Bracelet/Strap: Black Patek Philippe crocodile leather strap
    Clasp/Buckle: Platinum Patek Philippe folding deployant clasp
    Dimensions: 40 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin dated 8 August 2009, additional case back, setting pin, product literature, instruction manual, leather wallet, slip case and fitted presentation box.

  • Catalogue Essay

    Reference 5970 is successor to the celebrated reference 3970. Introduced to the market at the Basel Fair in 2005, the reference ceased production in 2011.

    This present example, cased in platinum fitted and fitted with a black dial, is the most sought after from the series and achieves the highest prices amongst its peers at auction. Still factory sealed and never been used, the watch is complete with all original accessories.

  • 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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ΟΣ999

Ref. 5970
A fine and rare platinum perpetual calendar chronograph wristwatch with 24 hours, leap year indicator, moon phases, additional case back, original certificate and fitted presentation box, factory sealed

Circa 2009
40 mm. diameter
Case, dial and movement signed

Estimate
HK$960,000 - 1,440,000 
€113,000-169,000
$120,000-180,000

Sold for HK$1,312,500

Hong Kong Watch Auction: THREE

Hong Kong Auction 29 November 2016