Important Modern & Vintage Timepieces...

Hong Kong, Nov 25, 2023

LOT 168

PATEK PHILIPPE, REF. 5070G-001, GRAND COMPLICATION, FACTORY SINGLE-SEALED, 18K WHITE GOLD

HKD 400,000 - 650,000

USD 52,000 - 84,000 / CHF 45,900 - 75,000 / EUR 47,600 - 78,000

Sold: HKD 512,500

A very fine and very rare, manual wind 18K white gold wristwatch with square-button chronograph, register, tachometer and transparent screw-down case back, remains in factory single sealed condition.


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Grading System
Grade:
Case: 1

As new

Movement: 1

As new

Dial: 1-01

As new

HANDS Original

Brand Patek Philippe

Model Grand complication

Reference  5070G-001

Year sold in Jan 8th, 2010

Movement No. 3363908

Case No. 4425960

Bracelet leather strap with 18K white gold PP deployant clasp

Diameter 42 mm.

Caliber CH 27-70

Signature dial, case and movement

Accessories certificate, sales invoice dated 2010, instruction booklet, tag

Notes

Introduced in 1998, the Patek reference 5070 made a significant impact on the market as a new and simplified chronograph, breaking a nearly 40-year gap since their last release. Encased in a generous 42mm size, equipped with the Lemania-based 27-70, it was offered in only four versions: yellow gold with a black dial, pink gold with a silver dial, white gold with a silver dial, and platinum with a blue dial.

The white gold variation stands out with its contrasting silver white dial and black inscriptions, featuring numerals that differ in colour from the case. Produced for a brief period of six years, from 2002 to 2008.

This presented exceptional watch was purchased by the original owner in 2010. It remains in factory single-sealed condition and comes with the original sales invoice, original certificate, instruction booklet and tag.

Provenance

Property of an Asian Collector