Live Auction 3319Important Watches
PATEK PHILIPPE. A FINE AND RARE 18K PINK GOLD PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON PHASES, 24 HOURS AND LEAP YEAR INDICATION, ORIGINAL CERTIFICATE, ADDITIONAL CASE BACK AND BOX
Lot 2328

PATEK PHILIPPE. A FINE AND RARE 18K PINK GOLD PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON PHASES, 24 HOURS AND LEAP YEAR INDICATION, ORIGINAL CERTIFICATE, ADDITIONAL CASE BACK AND BOX

SIGNED PATEK PHILIPPE, GENEVE, REF. 5970, MOVEMENT NO. 3'048'904, CASE NO. 4'439'976, CIRCA 2008

Closed28 May 2014

Price Realised

HKD 1,060,000

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PATEK PHILIPPE. A FINE AND RARE 18K PINK GOLD PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON PHASES, 24 HOURS AND LEAP YEAR INDICATION, ORIGINAL CERTIFICATE, ADDITIONAL CASE BACK AND BOX
SIGNED PATEK PHILIPPE, GENEVE, REF. 5970, MOVEMENT NO. 3'048'904, CASE NO. 4'439'976, CIRCA 2008
Cal. CH27-70 Q mechanical movement stamped with the Geneva seal, 24 jewels, silvered matte dial, applied pink gold baton numerals, outer railway five minute divisions, tachymetre scale, two windows for day and month, three subsidiary dials for 24 hours combined with constant seconds, 30 minute register combined with leap year indication and date combined with moon phases, circular case, downturned fluted lugs, glazed display screw back, two chronograph buttons in the band, 18k pink gold Patek Philippe deployant clasp, case, dial and movement signed
40 mm. diam.

Specialist note

US$95,000-150,000

With Patek Philippe Certificate of Origin dated 30 May 2008, additional case back, setting pin, product literature, instruction manual, sales tag, leather wallet, slip case, fitted presentation box and outer packaging.

The present watch is close to "mint" condition.

Reference 5970 was introduced to the market at the Basel Fair in April 2005 and replaced the celebrated reference 3970. The model immediately enjoyed great popularity amongst collectors and was available in white gold or pink gold only until 2007 when the production of these two versions ceased. Reference 5970 in yellow gold was in production only in 2008. Since 2008, the model has been available exclusively in platinum.

In 2011 at the Basel Fair it was replaced by the smaller reference 5270 which additionally has a day/night indication on the dial, as well as a separate leap year cycle and is equipped with in-house calibre CH 29-535 PS Q.