The Hong Kong Watch Auction: TWO | Page 177

Property From an Important Collector ∑ 143. Patek Philippe A fine and rare platinum perpetual calendar chronograph wristwatch with 24 hours, leap year indicator, moon phases, additional case back, original certificate and fitted presentation box, factory sealed 百達翡麗,精細及罕有,鉑金腕錶,配萬年曆、計時功能、24小 時、閏年及月相顯示,型號5970,附證書、底蓋及盒子,原廠封 套,約2009年製 Manufacturer Year Patek Philippe Circa 2009 Reference No. Movement No. Case No. Material Calibre 5970 3’931’206 4’485’187 Platinum Mechanical, CH 24-70 Q, 24 jewels Bracelet/Strap Black Patek Philippe crocodile leather strap Clasp/Buckle Platinum Patek Philippe folding deployant clasp Dimensions 40 mm. diameter Signed Case, dial and movement signed Estimate HKD 1,000,000-2,000,000 USD 125,000-250,000 Accessories With Patek Philippe Certificate of Origin dated 24 July 2009, additional case back, setting pin, product literature, instruction manual, sales tag, leather wallet, slip case, fitted presentation box and outer packaging. HK_WATCHES_MAY16_140-211.indd 175 Reference 5970 is the successor of the celebrated reference 3970. Introduced to the market at the Basel Fair in 2005 and ceased production in 2011, the reference has long been discontinued and is currently replaced by the 5270. With the dial increased from 36 mm. to 40 mm., the watch offers excellent readability. As its predecessors’ reference 3970 and 5004, the reference 5970 was the last Patek Philippe chronograph to be fitted with the Lemania based plate and is still highly sought after by collectors. This present reference 5970 platinum fitted with a black dial is the most sought after from the series and is achieving the highest prices amongst its peers at auction. Still factory sealed and never been used, the watch is fresh to the market and completed with all original accessories. 22/04/16 14:57