Lot 171
  • 171

Patek Philippe

Estimate
70,000 - 100,000 GBP
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Description

  • Patek Philippe
  • A RARE AND IMPORTANT PLATINUM PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH REGISTER, MOON-PHASES AND LEAP YEAR INDICATION REF 5970P MVT 3931577 CASE 4490849 CIRCA 2010
  • platinum
  • diameter 40 mm
• cal. 27-70/155 manual winding lever movement stamped with Geneva seal, 24 jewels • black dial, applied baton indexes, outer ring for tachymeter, apertures for day and month, subsidiary dials for constant seconds combined with 24-hour indication, 30-minute register combined with leap-year indication and date combined with moon-phases • platinum case, screw-down sapphire crystal display back, diamond to the band at 6 • case, dial and movement signed • with a platinum Patek Philippe folding buckle

Condition

Movement running while cataloguing and all functions are operating. There is a very light surface scuff to the top left hand lug but overall the case is in very good condition. The watch had a full service by Patek Philippe in November 2016. The watch has not been tested to determine the accuracy of its timekeeping. Please note that Sotheby's does not guarantee the future working of the movement and that a service might be required at the buyer's discretion.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping."

Catalogue Note

Accompanied by a Patek Philippe Certificate of Origin, booklets, solid platinum case back and presentation case.

The reference 5970 was launched in 2004 replacing reference 3970, in production since 1986. Since the introduction of Patek Philippe’s first perpetual calendar chronograph, reference 1518 in 1941, the complication has become one of Patek Philippe’s signature pieces.

The 5970 was in production for only 6 years, an extremely short period of time when compared with the previous 3 models (references 1518, 2499 and 3970) which, between them, had an average production period of 20 years.

As the natural successor to the legendary Patek Philippe lineage of perpetual calendar chronograph models, the Ref. 5970 is clearly influenced by its preceding references. However, the case of the Ref. 5970 is considerably larger and more contemporary than its predecessors, with a diameter of 40 mm. This larger size may in part have prompted the re-introduction of the tachymeter scale to the outer edge of the dial, a feature that had not been seen as a standard issue since the second series version of the reference 2499 in the late 1950s. Following its launch, the 5970 immediately met with success. 

The platinum version of Ref. 5970 was the final material to be released. Available for approximately one year only between 2009 and 2010, the 5970P reportedly has the lowest production of any Ref. 5970 metals with less than 25 examples known. Replaced by the contemporary Ref. 5270, the Ref. 5970, particularly in the rarest and most precious of metals, platinum, is considered to be the one the most desirable and iconic Patek Philippe production models released in recent years.