Lot 242
  • 242

Patek Philippe

Estimate
70,000 - 90,000 CHF
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Description

  • A FINE AND RARE 18K YELLOW GOLD PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH REGISTERS AND MOON-PHASES1988 REF 3970EJ MVT 875125 CASE 2840106
  • diameter 36 mm
• cal. 27-70Q manual wind movement stamped with the seal of Geneva, 24 jewels • silvered dial, apertures for day and month in German, three subsidiary dials indicating constant seconds combined with 24-hour indication, 30-minute register combined with leap year and date combined with aperture for moon-phases • concave bezel, screw-down case back • case, dial and movement signed • 18k yellow gold Patek Philippe buckle • Certificate of Origin, Extract from the Archives confirming sale on 11 April 1988, setting pin, presentation case

Condition

The manual movement is running at the time of cataloguing and all the other functions are operating correctly, however it may require a service in the near future for it to be well preserved. Dial is in good condition. The case has is few minor scuffs from wear, there is a scratch to the bezel between 12.00 and 1.00 and a couple of small dents to the edge of the bezel and one on the top right hand lug. Overall the case retains good definition and the hallmarks to the case back are clear.
"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.

Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."

Catalogue Note

Patek Philippe launched Ref. 3970 in 1986 with a snap-on case back. Two years into production, Patek modified the design to a screw-down water-resistant type case back. Production of the model ceased in 2004. Ref. 3970 was created following the success of the exceptional and iconic ref. 2499. One main difference between the two models is the addition of the leap year indicator to the 3 o'clock subsidiary dial and 24-hour indicator to the 9 o'clock subsidiary dial.