Patek Philippe

• cal. CH 27-70/157 manual winding movement stamped with the seal of Geneva, 24 jewels • black dial, applied gold Arabic numerals, feuille hands, subsidiary dials indicating constant seconds and 30-minute register, outer ring calibrated for tachometer • stepped bezel, two rectangular chronograph pushers to the band, fluted downturned lugs, screw-down sapphire crystal display back • case, dial and movement signed • 18k yellow gold Patek Philippe deployant clasp • Certificate of Origin, Extract from the Archives confirming sale on 20 June 2000, booklets, folder, box, packaging

The movement is running and the chronograph is functioning at the time of cataloguing, however it may require service soon. The dial is very clean with no visible imperfections. The case is in very nice condition, with sharp definition to the bezel, though the gold marks on the sides of the lugs are not quite as crisp. The strap contains endangered species; please see Important Notices for further information.
"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.

Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."

Favored for its sporty, elegant design, Ref. 5070 is the second largest wristwatch produced by Patek Philippe, with its diameter falling 0.8mm short of that of the Sky Moon.

Ref. 5070 also represented Patek Philippe's return to production of chronograph watches in 1998 after an almost 30-year break. The last chronograph model produced before this was Ref. 1463, for which production was halted in the late 1960s. For an example of Ref. 1463, see lot 194.

The inspiration for Ref. 5070 was Ref. 2512, a split-second chronograph produced by Patek Philippe between 1950 and 1952. The case and dial designs are very much alike. For an example of Ref. 2512, see Huber & Banbery, Patek Philippe Wristwatches, Vol. 2, Second Edition, p. 274.

The model has since been discontinued, and the firm unveiled Ref. 5170 as its only gentleman's simple chronograph wristwatch at Baselworld in spring 2010. In 2009, the firm released Ref. 7071, its first lady's chronograph wristwatch.