Patek Philippe

Reference 3970E, 3rd Series | A pink gold perpetual calendar chronograph wristwatch with moon phases, 24 hour and leap year indication, Circa 1994

Auction Closed

April 24, 04:23 PM GMT

Estimate

800,000 - 1,600,000 HKD

Lot Details

Description

PROPERTY OF A COLLECTOR

Patek Philippe

Reference 3970E, 3rd Series

A pink gold perpetual calendar chronograph wristwatch with moon phases, 24 hour and leap year indication, Circa 1994

Dial: silvered

Calibre: cal. 27-70 Q mechanical, 24 jewels

Movement number: 876'823

Case: 18k pink gold, screw down sapphire crystal display back

Case number: 2’953'523

Closure: brown Patek Philippe alligator strap and 18k pink gold folding clasp

Size: 36 mm diameter

Signed: case, dial and movement

Accessories: none

Introduced by Patek Philippe in 1986, the Reference 3970 succeeded the 2499 and became part of a lineage of perpetual calendar chronographs that are now iconic in 20th century watchmaking. As the first serially produced perpetual calendar chronograph from Patek Philippe, the 3970 integrated modern production techniques, marking a departure from traditional methods. Although discontinued in 2004, it gained significant acclaim during its production run, becoming a highly coveted model among collectors. The 3970 represents a transitional phase for Patek Philippe, following the original 1518 and 2499, and is associated with the neo-vintage era of Patek wristwatches.

The present example could be identified as third series by the baton hands, where the previous two series had leaf hands. The applied markers have also been change to pointed and faceted compared to the first and second series. The dial also has a brighter shade, with the printing showing a starker contrast. There is an estimate of 1350 third series pieces made between 1989 and 1995 according to literature.

百達翡麗型號3970E 第三代

粉紅金萬年曆計時腕錶，備月相、24小時及閏年顯示，約1994年製

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."