PATEK PHILIPPE | REFERENCE 5170 A YELLOW GOLD CHRONOGRAPH WRISTWATCH WITH PULSATION SCALE, RETAILED BY TIFFANY & CO., MADE IN 2010" | 百達翡麗 | 型號5170 黃金計時腕錶，備脈搏計刻度，由蒂芙尼發行，機芯編號5532742，錶殼編號4517335，2010年製"
Estimate: 480,000 - 640,000 HKD
A YELLOW GOLD CHRONOGRAPH WRISTWATCH WITH PULSATION SCALE, RETAILED BY TIFFANY & CO., MADE IN 2010
Calibre: cal. CH 29-535 mechanical, 33 jewels
Movement number: 5'532'742
Case: 18k yellow gold, screw down sapphire crystal display back
Case number: 4'517'335
Closure: brown Patek Philippe alligator strap and 18k yellow gold folding clasp
Size: 39.5 mm diameter
Signed: case, dial and movement
Accessories: Patek Philippe Certificate of Origin, instruction manual and presentation box. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present watch in 2010 and its subsequent sale on 2 December 2010
The movement is in working condition at the time of cataloguing. The chronograph function is working properly. The watch is in very good overall condition with minor surface wear to the case only. The band with very minor pinhead dings in places, however nothing major. Otherwise the watch is in excellent overall condition. The folding clasp with minor surface wear.
Please note that the movement has not been tested for the accuracy of time and may need a service at the buyer's expense. Sotheby's does not guarantee the future working of the movement and we do not guarantee the authenticity of any individual component parts since subsequent repairs and restoration work may have resulted in the replacement of original parts.
You are advised that watch straps or bands made of materials derived from endangered or otherwise protected species (i.e. alligator or crocodile) are not sold with the watch and we reserve the right to remove these straps or bands prior to shipping. Furthermore, the watch may not come with its original manufacturers strap or band.
Prospective bidders should review the Conditions of Business, Authenticity Guarantee, the Guide for Prospective Buyers, and any Important Notice in the sale catalogue.
"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."
The partnership of Patek Philippe and Tiffany & Co. can be dated all the way back to 1851 and is the longest partnership Patek Philippe has with any retailer. It was Antoine Nobert de Patek whom first brokered the deal that is still flourish today. Patek Philippe timepieces double signed with the famous Tiffany signature represent some of the finest and most sought after contemporary watches available on the market today.
The luxury world was taken by storm recently when LVMH successfully acquired arguably one of the most recognized and sought after brands in the world. Founded in 1837, Tiffany & Co. will soon be controlled by LVMH, one of the world’s largest luxury conglomerates. With this takeover, many of the world’s leading scholars hypothesize if both Patek Philippe or Tiffany & Co. will change their future direction. Speculation is growing that in the not too distant future, one may not be able to find a double signed Patek Philippe retailed by Tiffany & Co. The present watch, a chronograph reference 5170, perfectly illustrates one of horologies longest and most famous partnerships that may become obsolete in the future.