Patek Philippe

• cal. 27-70 manual winding nickel lever movement stamped with the Seal of Geneva, 24 jewels, Gyromax balance • silvered dial, applied black oxidized Arabic numerals, outer tachometer scale, outermost minute and 1/5 second track, black oxidized feuille hands, two subsidiary dials for constant seconds and 30-minute register • stepped bezel, polished case, sapphire crystal and screw-down display case back • case, dial and movement signed • with an 18k white gold Patek Philippe folding clasp

The movement is running at the time of cataloguing and the chronograph function appears fully operational, however it may require a service in the near future to be well preserved. However, the movement has not been tested for the accuracy of time keeping and a service might be required at the buyer's expense. Dial in excellent condition. Case in beautiful condition and appears to be barely worn. Overall in excellent condition. **The strap of this wristwatch is made from an endangered species, please refer to 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."

With a Patek Philippe Certificate of Origin, an Extract from the Archives confirming production in 2002 and sale on September 3rd in the same year, instruction manual and presentation box.

Favoured for its sporty, elegant design, Ref. 5070 is among the largest wristwatches ever made by Patek Philippe. Introduced in 1998, the model marked Patek Philippe’s return to the manufacture of pure chronograph wristwatches (i.e. those without the addition of calendar work); such chronographs had been absent from the company’s production for almost 30 years, since the cessation of Ref.1463 in the late 1960s.The inspiration for Ref. 5070 was Ref. 2512, a split-seconds chronograph produced by Patek Philippe between 1950 and 1952; indeed, the case and dial designs of the 5070 and 2512 are very much alike. The 5070 model has now been discontinued and, at Basel World in Spring 2010, the firm unveiled Ref.5170 as its only gentleman’s ‘simple’ chronograph.