Patek Philippe - Intersect: Online Auction Hong Kong Tuesday, September 1, 2020 | Phillips

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    • 2012

    • 39.5mm diameter

    • Case, dial, movement and clasp signed

  • Manufacturer: Patek Philippe
    Year: 2012
    Reference No: 5170J
    Movement No: 4'551'537
    Case No: 5'587'294
    Material: 18K yellow gold
    Calibre: Manual, cal. CH 29-535PS AIG.1, 33 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K yellow gold Patek Philippe deployant clasp
    Dimensions: 39.5mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 3rd March 2012 stamped Sincere Watch LTD Singapore, instruction manual, product literature, leather folio, outer packaging and fitted presentation box.

  • Catalogue Essay

    Patek Philippe chronograph wristwatches have always been a collector’s favorite due to its elegant and timeless appeal. Dating all the way back to the 1930s, Patek Philippe introduced the ref. 130, their very first serially produced chronograph wristwatch due to the surge in request for chronograph wristwatches during the era. Incredibly successful and well-received, the ref. 130 went on to enjoy a long and prosperous production span of almost 30 years. However, with that said there were other extremely important chronograph references such as the refs. 530 (the larger counterpart of the ref. 130), 1463 (the firm’s first ever waterproof chronograph with a screw-down caseback and round “Tasti Tondi” pushers) and the 1579 (arguably the firm’s most elegant and unusual chronograph reference being the only chronograph reference with fancy “Spider lugs”).

    In modern times, one of Patek Philippe’s most groundbreaking innovations was the introduction of the manufacturer’s very first in-house chronograph caliber CH 29-535PS AIG.1. The reference to be released together with the new caliber was the ref. 5170. Succeeding the large 42mm ref. 5070 (Patek Philippe’s last Lemania powered reference), the new ref. 5170 took inspiration from its elegant ancestors hence adopting a smaller case size at 39.5mm. Introduced initially in 18K yellow gold in 2010, the reference was produced also in white gold, rose gold and platinum with different dial variations for each respective metal.

    The present example ref. 5170J from circa 2012 belongs to the very first model and iteration of the reference launched in 2010. Offered with the full set of accessories, the ref. 5170 is with no doubt a highly undervalued reference that has recently been discontinued, which made way for Patek Philippe’s new chronograph ref. 5172G. The present example being the very first to feature the firm’s first in-house movement will most definitely be a collectible factor. Preserved in excellent condition with extremely attractive estimates, this is one that certainly does not require any hesitation for one to leave a bid.

  • 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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Σ11

Ref. 5170J
A fine and attractive yellow gold chronograph wristwatch with pulsation scale, Certificate of Origin and presentation box

2012
39.5mm diameter
Case, dial, movement and clasp signed

Estimate
HK$180,000 - 280,000 
€19,400-30,200
$23,100-35,900

Sold for HK$375,000

Contact Specialist

Delissa Handoko

Associate Specialist, Head of Online Sales, Hong Kong, 20th Century & Contemporary Art

+852 2318 2013

DHandoko@phillips.com

 

Thomas Perazzi

Head of Watches, Asia

+852 2318 2001

WatchesHK@phillips.com

 

Yoki Chan

Junior Specialist, Jewels, Hong Kong

+852 2318 2036

JewelleryHK@phillips.com

Intersect: Online Auction

Online Auction 2 - 14 September 2020