Lot 2475
  • 2475

Patek Philippe

Estimate
580,000 - 700,000 HKD
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Description

  • A FINE AND RARE PLATINUM CHRONOGRAPH WRISTWATCH WITH REGISTERS REF 5070P MVT 3715329 CASE 4454348 CIRCA 2007
  • diameter 42 mm
• cal. 27-70 manual winding nickel lever movement stamped with the Seal of Geneva, 24 jewels, Gyromax balance • blue dial, applied Arabic numerals, outer tachometer scale, outermost minute and 1/5 second track, 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 platinum Patek Philippe folding clasp

Condition

Movement is in working order while cataloguing, but it has not been tested for the accuracy of time keeping and a service might be required at the buyer's expense in the near future. Chronograph is functioning. Dial is clean and intact. Case in excellent condition. Case and Hallmarks are very crisp. **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."

Catalogue Note

With a Patek Philippe Certificate of Origin and a presentation box with outer packaging.

REF. 5070 is the second largest wristwatch produced by Patek Philippe, with its diameter falling 0.8 mm short of the Sky Moon Tourbillon.  Launched in 1998, the REF. 5070 also represents Patek Philippe's return to the production of chronograph wristwatches 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.

In 2008, on the 10th anniversary of this iconic model, Patek Philippe unveiled the Ref. 5070P, encased in platinum with a blue-metallic sun-burst dial.  The REF. 5070P replaced the discontinued pink and white gold versions.  The REF. 5070P, discontinued in 2009, was only produced for one year, making it among the rarest and most exclusive versions of this hugely successful reference.