Patek Philippe

Reference 5970 | A white gold perpetual calendar chronograph wristwatch with moon phases, leap year and 24 hour indication, Circa 2007

Auction Closed

April 24, 04:23 PM GMT

Estimate

850,000 - 1,200,000 HKD

Lot Details

Description

PROPERTY OF A EUROPEAN COLLECTOR

Patek Philippe

Reference 5970

A white gold perpetual calendar chronograph wristwatch with moon phases, leap year and 24 hour indication, Circa 2007

Dial: silvered

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

Movement number: 3’048’633

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

Case number: 4’294’018

Closure: grey Patek Philippe alligator strap and 18k white gold folding clasp

Size: 40 mm diameter

Signed: case, dial and movement

Accessories: Patek Philippe Certificate of Origin, additional case back, product literature and instruction manual.

After a long and successful tenure at the helm of Patek Philippe, an aging Philippe Stern decided that it was time for a natural succession. He gave his son Thierry full creative freedom on the direction of the next perpetual calendar chronograph, a landmark complication in the field of watches and pioneered by none other than Patek Philippe themselves. It was an unofficial test for the young Thierry Stern, and the success of the watch would see him properly inducted into a leadership role. The product of his considerations was a larger watch, but with all the elegance expected of the brand, and with a plethora of design elements taken from the pages of history to appeal to the emotions of Patek Philippe enthusiasts.

The 5970 was the largest perpetual calendar chronograph ever produced by Patek Philippe at that point in time, much larger than the previous 3970 which measured 36mm in diameter. Despite the change in size both watches were powered by the base chronograph calibre by Lemania, the 2310, though heavily modified. To ensure that the subsidiary dials did not look ‘marooned’ in the middle of the much larger dial, a tachymeter was added beyond the railroad seconds track, not only to fill up the dial but also as a callback to the first and second series 2499 dials. The square pushers of the 1518 and first series 2499 were also brought back. It can be said that the watch is a perfect combination of vintage callbacks and modern design elements.

The reference 5970 stands as a stalwart of collectible, rare and complicated Patek Philippe watches, and despite its relatively young age has already become one of the biggest hits of our millennia.

百達翡麗型號5970

白金萬年曆計時腕錶，備月相、閏年及24小時顯示，約2007年製

附帶證書、備用錶背蓋、腕錶文獻及説明書

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."