Patek Philippe

Reference 5070 | A yellow gold chronograph wristwatch, Circa 2002

Auction Closed

April 24, 04:23 PM GMT

Estimate

240,000 - 320,000 HKD

Lot Details

Description

PROPERTY OF A COLLECTOR

Patek Philippe

Reference 5070

A yellow gold chronograph wristwatch, Circa 2002

Dial: black

Calibre: cal. 27-70 mechanical, 24 jewels

Movement number: 4’202’188

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

Case number: 3’147’995

Closure: black Patek Philippe alligator strap and 18k yellow gold folding clasp

Size: 42 mm diameter

Signed: case, dial and movement

Accessories: Patek Philippe travelling pouch and presentation box

The Basel Fair of 1998 saw audiences shocked and bewildered by Patek Philippe's latest model. Not only was the new reference the first simple chronograph for many decades, but more strikingly came fitted in an oversized 42mm yellow gold case with black dial. It was the largest wristwatch made in series by Patek Philippe ever until that point in time, and was indeed 5mm larger than most of the catalog. The watch was directly inspired by the Patek Philippe museum reference 2512, which was even larger at 45mm and was also a rattrapante, featuring a stepped bezel and narrow-set twin sub-dial design exactly as seen here.

The present watch belongs to that first series of 5070 production, which ran for four years and featured the same dial and case configuration as the museum reference 2512, representing both the end of Lemania powered Patek Philippe chronographs and the calm before the “in-house” storm that was caused by the Datograph.

百達翡麗型號5070

黃金計時腕錶，約2002年製

附帶旅行袋子及盒子

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."