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Auction archive: Lot number 23

Patek Philippe

RACING PULSE
12 Dec 2020
Estimate
US$50,000 - US$100,000
Price realised:
US$107,100
Auction archive: Lot number 23

Patek Philippe

RACING PULSE
12 Dec 2020
Estimate
US$50,000 - US$100,000
Price realised:
US$107,100
Beschreibung:

23Patek PhilippeRef. 5170P A very rare and highly attractive platinum chronograph wristwatch with baguette diamond indexes, “fumé” dial, Certificate of Origin and fitted presentation box, factory sealedCirca 2017 39.5mm Diameter Case, dial, movement and clasp signed Estimate $50,000 - 100,000 CHF45,000-90,000 €42,100-84,200 HK$388,000-775,000 Place Advance BidContact Specialist Paul Boutros Head of Watches, Americas & International Strategy Advisor Senior Vice President +1 212 940 1293 pboutros@phillips.com
Condition ReportRequest Condition ReportThank youfor your request. The Condition Report will be sent shortly.Contact Us* RequiredSend me the Report ViaEmailFaxContact SpecialistCancelDescriptionOur Buyer's Premium has been updated. View our Conditions of Sale.Manufacturer: Patek Philippe Year: Circa 2017 Reference No: 5170P Movement No: 7’029’654 Case No: 6’221’550 Material: Platinum and diamonds Calibre: Manual, cal. CH 29-535 PS Bracelet/Strap: Crocodile Clasp/Buckle: Platinum Patek Philippe deployant clasp Dimensions: 39.5mm Diameter Signed: Case, dial, movement and clasp signed Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Clarkson Jewelers, Ellisville MO, dated November 21, 2017, wooden presentation box, leather envelope with product literature and outer packaging. Catalogue EssayPatek Philippe ceased production of their famed chronographs in the 1960s when they discontinued the iconic water resistant reference 1463 two-register chronograph. They would not produce another chronograph wristwatch until 1998, when they launched the reference 5070 in a large 42mm diameter case, which housed a Lemania-based chronograph movement significantly modified and finished by Patek Philippe. In 2010, Patek Philippe would enter a new chapter in its history, releasing the all new reference 5170 chronograph that housed their first fully in-house simple chronograph movement – the caliber 29-535. Reduced in size compared with the reference 5070, the new chronograph with its 39.5 mm case diameter had more svelte proportions, making it the perfect watch for the office, board meeting, or casual weekend wear. Initially, it was produced in both yellow and white gold, with various dial and case configurations. In 2017, they released a wonderfully sublime platinum-cased variant, like the present example, fitted with a blue “fume” dial set with baguette diamond hour markers. This very rare model was in production only from 2017 to 2018, and the present sealed example, consigned by the original owner, is only the third known to appear at public auction. The watch has a wonderfully modern aesthetic, and the blue degradé dial is expertly done with color gradation with a sunburst texture. The diamond hour markers add a tasteful, luxurious touch to the watch, however when juxtaposed against the blue of the dial, they subtly meld into the dial to create a stunning aesthetic that doesn’t overwhelm the masculine appeal. In factory sealed, new condition, it comes complete with its original certificate of origin, box and hang tag. The reference 5170P is an exemplary chronograph, and this pristine example is a rare opportunity for the connoisseur. Consigned by the Original OwnerRead MoreMaker BiographyPatek PhilippeSwiss • 1839 Follow Since its founding in 1839, this famous Geneva-based firm has been surprising its clientele with superbly crafted timepieces fitted with watchmaking's most prestigious complications. Traditional and conservative designs are found across Patek Philippe's watches made throughout their history — the utmost in understated elegance.Well-known for the Graves Supercomplication — a highly complicated pocket watch that was the world’s most complicated watch for 50 years — this family-owned brand has earned a reputation of excellence around the world. Patek's complicated vintage watches hold the highest number of world records for results achieved at auction compared with any other brand. For collectors, key models include the reference 1518, the world's first serially produced perpetual calendar chronograph, and its successor, the reference 2499. Other famous models include perpetual calendars such as the ref. 1526, ref. 3448 and 3450, chronographs such as the reference 130, 530 and 1463, as well as reference 1436 and 1563 split seconds chronographs. Patek is also well-known for their classically styled, time-only "Calatrava" dress watches, and the "Nautilus," an iconic luxury sports watch first introduced in 19

Auction archive: Lot number 23
Auction:
Datum:
12 Dec 2020
Auction house:
Phillips
null
Beschreibung:

23Patek PhilippeRef. 5170P A very rare and highly attractive platinum chronograph wristwatch with baguette diamond indexes, “fumé” dial, Certificate of Origin and fitted presentation box, factory sealedCirca 2017 39.5mm Diameter Case, dial, movement and clasp signed Estimate $50,000 - 100,000 CHF45,000-90,000 €42,100-84,200 HK$388,000-775,000 Place Advance BidContact Specialist Paul Boutros Head of Watches, Americas & International Strategy Advisor Senior Vice President +1 212 940 1293 pboutros@phillips.com
Condition ReportRequest Condition ReportThank youfor your request. The Condition Report will be sent shortly.Contact Us* RequiredSend me the Report ViaEmailFaxContact SpecialistCancelDescriptionOur Buyer's Premium has been updated. View our Conditions of Sale.Manufacturer: Patek Philippe Year: Circa 2017 Reference No: 5170P Movement No: 7’029’654 Case No: 6’221’550 Material: Platinum and diamonds Calibre: Manual, cal. CH 29-535 PS Bracelet/Strap: Crocodile Clasp/Buckle: Platinum Patek Philippe deployant clasp Dimensions: 39.5mm Diameter Signed: Case, dial, movement and clasp signed Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Clarkson Jewelers, Ellisville MO, dated November 21, 2017, wooden presentation box, leather envelope with product literature and outer packaging. Catalogue EssayPatek Philippe ceased production of their famed chronographs in the 1960s when they discontinued the iconic water resistant reference 1463 two-register chronograph. They would not produce another chronograph wristwatch until 1998, when they launched the reference 5070 in a large 42mm diameter case, which housed a Lemania-based chronograph movement significantly modified and finished by Patek Philippe. In 2010, Patek Philippe would enter a new chapter in its history, releasing the all new reference 5170 chronograph that housed their first fully in-house simple chronograph movement – the caliber 29-535. Reduced in size compared with the reference 5070, the new chronograph with its 39.5 mm case diameter had more svelte proportions, making it the perfect watch for the office, board meeting, or casual weekend wear. Initially, it was produced in both yellow and white gold, with various dial and case configurations. In 2017, they released a wonderfully sublime platinum-cased variant, like the present example, fitted with a blue “fume” dial set with baguette diamond hour markers. This very rare model was in production only from 2017 to 2018, and the present sealed example, consigned by the original owner, is only the third known to appear at public auction. The watch has a wonderfully modern aesthetic, and the blue degradé dial is expertly done with color gradation with a sunburst texture. The diamond hour markers add a tasteful, luxurious touch to the watch, however when juxtaposed against the blue of the dial, they subtly meld into the dial to create a stunning aesthetic that doesn’t overwhelm the masculine appeal. In factory sealed, new condition, it comes complete with its original certificate of origin, box and hang tag. The reference 5170P is an exemplary chronograph, and this pristine example is a rare opportunity for the connoisseur. Consigned by the Original OwnerRead MoreMaker BiographyPatek PhilippeSwiss • 1839 Follow Since its founding in 1839, this famous Geneva-based firm has been surprising its clientele with superbly crafted timepieces fitted with watchmaking's most prestigious complications. Traditional and conservative designs are found across Patek Philippe's watches made throughout their history — the utmost in understated elegance.Well-known for the Graves Supercomplication — a highly complicated pocket watch that was the world’s most complicated watch for 50 years — this family-owned brand has earned a reputation of excellence around the world. Patek's complicated vintage watches hold the highest number of world records for results achieved at auction compared with any other brand. For collectors, key models include the reference 1518, the world's first serially produced perpetual calendar chronograph, and its successor, the reference 2499. Other famous models include perpetual calendars such as the ref. 1526, ref. 3448 and 3450, chronographs such as the reference 130, 530 and 1463, as well as reference 1436 and 1563 split seconds chronographs. Patek is also well-known for their classically styled, time-only "Calatrava" dress watches, and the "Nautilus," an iconic luxury sports watch first introduced in 19

Auction archive: Lot number 23
Auction:
Datum:
12 Dec 2020
Auction house:
Phillips
null
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