View full screen - View 1 of Lot 180. Reference 3970EP-046 'London Edition' | A limited edition platinum perpetual calendar chronograph wristwatch with moon phases, Circa 2015 |百達翡麗 3970EP-046 型號 'London Edition'  | 限量版鉑金萬年曆計時腕錶備月相顯示,約2015年製.
180

Patek Philippe

Reference 3970EP-046 'London Edition' | A limited edition platinum perpetual calendar chronograph wristwatch with moon phases, Circa 2015 |百達翡麗 3970EP-046 型號 'London Edition' | 限量版鉑金萬年曆計時腕錶備月相顯示,約2015年製

Property From A Private Collector, New York

179

180

Patek Philippe

Patek Philippe

Reference 3970EP-046 'London Edition' | A limited edition platinum perpetual calendar chronograph wristwatch with moon phases, Circa 2015 |百達翡麗 3970EP-046 型號 'London Edition' | 限量版鉑金萬年曆計時腕錶備月相顯示,約2015年製

Reference 3970EP-046 'London Edition' | A limited edition platinum perpetual calendar chronograph wristwatch with moon phases, Circa 2015 |百達翡麗 3970EP-046 型號 'London Edition' | 限量版鉑金萬年曆計時腕錶備月相顯示,約2015年製

Authenticity guarantee

What is guaranteed?

Property From A Private Collector, New York

Patek Philippe


Reference 3970EP-046 'London Edition'

A limited edition platinum perpetual calendar chronograph wristwatch with moon phases, Circa 2015


百達翡麗 3970EP-046 型號 'London Edition'

限量版鉑金萬年曆計時腕錶備月相顯示,約2015年製


Dial: black

Caliber: cal. 27-70/155 mechanical, 24 jewels

Movement number: 3'932'345

Case: platinum, screw down sapphire display back

Case number: 4'279'366

Closure: platinum Patek Philippe buckle

Size: 36 mm diameter

Signed: case, dial and movement

Box: yes

Papers: yes 

Accessories: Patek Philippe winding presentation box with outer packaging, Certificate of Origin dated July 10, 2015, product literature in large leather portfolio, leather bi-fold, booklets, sealed solid case back and setting pin

Case: The case is in overall very good condition with light surface scratches and wear throughout visible to the naked eye. Gold marks on the back of the lugs are clear and crisp. The buckle with light surface scuffing.


Dial: The dial is in overall excellent condition.


Movement: The movement is running at time of cataloging, however it was not tested for the accuracy of time or duration of the power reserve and may need service at the buyer's discretion. Please note that Sotheby's does not guarantee the future working of the movement.


***Please be advised that the bands on this watch are made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) and thus not sold with the watch, they are for display purposes only. We will remove these bands prior to international shipping and the state of California.***


The lot is sold in the condition it is in at the time of sale. The online condition report is provided to assist you with assessing the condition of the lot and is for guidance purposes only. The images of the lot also form part of the online condition report for the lot provided by Sotheby's. Any reference to condition in the online condition report does not amount to a full description of condition. The online condition report may make reference to particular imperfections of the lot but you should note that the lot may have other faults not expressly referred to in the online condition report of the lot or shown in the online images of the lot (for example, the online condition report 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. The online condition report may not refer to all faults, restoration, alteration or adaptation but rather the online condition report is a statement of subjective, qualified opinion (for example, information regarding colour, clarity and weight of gemstones are statements of opinion only and not statements of fact). Please also note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and wrist bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. In addition, certain images of the lot provided online may not accurately reflect the actual condition of the lot (for example, the online images may represent colours and shades which are different to the lot's actual colour and shades). For these reasons, the online condition report is not an alternative to taking your own professional advice regarding the condition of the lot. Prospective buyers should also refer to the Buying at Auction guide which includes important notices concerning the type of property in this sale. 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. Please be advised that wristbands 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. NOTWITHSTANDING THIS ONLINE CONDITION REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF SALE/BUSINESS APPLICABLE TO THE RESPECTIVE SALE.

In the world of Patek Philippe, a selection of blue chip watches will always be known and coveted amongst collectors, old guard and new. These include iconic and well-read models like the Reference 1518, 2499, 2526, and 3450. It is only recently that collectors have begun to embrace neo-vintage models with the same kind of fervor as these historical greats. Of these neo-vintage models is the Reference 3970 which was first launched in 1986 as the third perpetual calendar chronograph wristwatch made in series by the firm.

The model replaced the long running holy grail, the Reference 2499, and was most noticeable for it's new caliber CH 27-70Q, a heavily modified Lemania 2310 movement. Indeed, we can consider the Reference 3970 as a transitional model which is imbued with the traditional aesthetics of the firm while incorporating new technologies and modern design components such as the sapphire display back.

The model was in production for 18 years, seeing 4 series with subtle changes to the case and dial. Within this period, about 2000 pieces were made in total, with platinum pieces being the rarest of them all. Of these total pieces made, less than 10% have returned to the market today.

Even more rare is the present lot; a limited edition re-release of the Reference 3970 made only in platinum for the 2015 Patek Philippe Watch Art Grand Exhibition at the Saatchi gallery in London. The model was limited to only five pieces, making the present lot an exceedingly rare example to come to market. To the best of our research, this is only the second 2015 edition to appear. 

We are delighted to offer the present lot which fresh to the market, and offered from the original owner, complete with its winding presentation box, large leather folio, instructional manuals, and certificate that is dated 10 July, 2015, and sold from the Patek Philippe Salon in London.