Patek Philippe - The New York Watch Auction: NINE New York Saturday, December 9, 2023 | Phillips
  • Manufacturer: Patek Philippe
    Year: 2006
    Reference No: 5970G-001
    Movement No: 3’048’190
    Case No: 4’348’851
    Material: 18K white gold
    Calibre: Manual, cal. 27-70 Q, 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 by Patek Philippe Certificate of Origin dated September 5, 2009, product literature, leather folio, additional solid caseback, setting pin, fitted presentation box, slip cloth, and outer packaging. Further accompanied by Patek Philippe Extract from the Archives confirming production of the present watch in 2006 and its subsequent sale on July 12th 2006 and 2021 service receipt.

  • Catalogue Essay

    A proud heir to Patek Philippe's prestigious perpetual calendar chronographs, starting with reference 1518, 2499, and 3970, the reference 5970 was the first model developed and designed by Thierry Stern upon his accession as president of the company. It was first introduced in white gold, like the present watch, and then in pink gold, with later variations in yellow gold and platinum. In production from 2004 until 2011, it was the last perpetual calendar chronograph model to use the Lemania 2310 based movement.

    The design of the 5970 takes cues from the past but interprets them in a thoroughly modern way. Forty millimeters in diameter with faceted lugs, it was a notable increase in size from its immediate predecessor, the reference 3970. The larger case does not jeopardize the symmetry and comfort of the watch at all; on the contrary, the watch is extremely wearable and retains a very balanced symmetry.

    Preserved in excellent overall condition with its full set of accessories such as the certificate of origin, additional caseback and setting pin, this is a rare opportunity to obtain one of Patek Philippe’s last classical perpetual calendar chronograph models in resplendent 18K white gold livery.

  • 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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Σ33

Ref. 5970G-001
A well-preserved and highly coveted white gold perpetual calendar chronograph wristwatch with moon phases, 24-hour indicator, leap year indicator, Certificate of Origin, additional caseback, setting pin, and presentation box

2006
40mm Diameter
Case, dial, movement, and clasp signed.

Estimate
$100,000 - 200,000 
CHF90,300-181,000
€93,500-187,000
HK$781,000-1,560,000
S$136,000-272,000

Sold for $152,400

Contact Specialist

Paul Boutros
Deputy Chairman and Head of Watches, Americas
+1 (212) 940-1293
WatchesNY@Phillips.com
 
Isabella Proia
Head of Sale, New York
+1 (212) 940 1285
iproia@phillips.com

The New York Watch Auction: NINE

New York Auction 9 - 10 December 2023