PATEK PHILIPPE. A RARE PLATINUM AND DIAMOND-SET PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON PHASES, 24-HOUR AND LEAP YEAR INDICATION
Lot 2322

PATEK PHILIPPE. A RARE PLATINUM AND DIAMOND-SET PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON PHASES, 24-HOUR AND LEAP YEAR INDICATION

REF. 3970E, FOURTH SERIES, CIRCA 1996

Closed26 November 2023

Price Realised

HKD 1,033,200

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PATEK PHILIPPE. A RARE PLATINUM AND DIAMOND-SET PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON PHASES, 24-HOUR AND LEAP YEAR INDICATION
REF. 3970E, FOURTH SERIES, CIRCA 1996
Movement: Manual
Dial: Black with diamond-set hour markers
Case: 36 mm.
With: Platinum Patek Philippe buckle, Patek Philippe Certificate of Origin, Patek Philippe Extract from the Archives, leather holder, product literature, sales tag, presentation box and outer packaging
Remark: Fresh to the market
Note: Serial numbers are available upon request

Specialist note

Patek Philippe Ref. 3970
In 1986, Patek Philippe launched a new generation of the perpetual calendar chronograph wristwatch, designated reference 3970, replacing the hugely successful reference 2499 in production in four different series from 1951 to 1985. The main difference in the movement was the arrival of the new Lemania based ebauche which replaced the Valjoux movement used for the previous 50 years.

Starting with movement number 875'000, the first series of reference 3970 was produced with a solid snap on back, comprising approximately 100 examples.

The second series introduced a solid screw back, designated reference 3970E (E for étanche, French for waterproof). A small number of watches from both series were also available with a sapphire crystal back, designated reference 3971E.

In 1989, a third series of ref. 3970 was launched, fitted with a solid screw back as well as an additional sapphire crystal display screw back. The present example is from the fourth and final series

Reference 3970 was discontinued in 2004 and replaced by reference 5970. While production of the reference 3970/3971 may have ended only 19 years ago, these modern yet classic perpetual calendar chronographs have become a must-have for the discerning collector of complicated wristwatches.