Patek Philippe - The Hong Kong Watch Auction: XI Hong Kong Saturday, November 28, 2020 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2018
    Reference No: 5170P-001
    Movement No: 7’079’361
    Case No: 6’221’608
    Material: Platinum
    Calibre: Manual, cal. CH 29-535 PS, 33 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 39.5mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 27th April 2018 stamped Hausmann Condotti s.r.l., Roma and hang tag.

  • Catalogue Essay

    With an illustrious heritage in manufacturing some of the most revered chronograph wristwatches in history, Patek Philippe was once again in the spotlight in 2010 when they introduced the ref. 5170, featuring the firm’s very first in-house chronograph caliber CH 29-535 PS. Replacing its former ref. 5070 (fitted with the firm’s last Lemania based caliber CH 27-70), the ref. 5170 features a Calatrava style case measuring a comfortable 39.5mm diameter compared to its previous reference featuring a 42mm diameter case.

    Initially introduced in yellow gold in 2010, the reference has witnessed a few variations including examples encased in white gold, pink gold and last but not least platinum. Differing from the rest, the platinum ref. 5170 was the last iteration featuring a refreshed dial with baguette diamond-indexes and an attractive blue fumé dial. In production for less than three years, the platinum example was the very last variant of the reference. In 2019, Patek Philippe discontinued the ref. 5170 and replaced it with an entirely new ref. 5172G.

    The present example Patek Philippe ref. 5170P is very well-preserved with minimal wear and accompanied by its Certificate of Origin.

  • 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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Σ985

Ref. 5170P-001
A fine and rare platinum chronograph wristwatch with baguette diamond indexes, blue “fume” dial and Certificate of Origin

Circa 2018
39.5mm diameter
Case, dial, movement and clasp signed

Estimate
HK$390,000 - 780,000 
€42,000-84,100
$50,000-100,000

Sold for HK$756,000

Contact Specialist

Thomas Perazzi

Head of Watches, Asia
+852 2318 2001

WatchesHK@phillips.com

The Hong Kong Watch Auction: XI

Hong Kong Auction 29 November 2020