Important Modern & Vintage Timepieces

Hong Kong, Oct 26, 2024

LOT 346

PATEK PHILIPPE, REF. 5070J-001, GRAND COMPLICATION, 18K YELLOW GOLD

HKD 380,000 - 500,000

EUR 44,400 - 59,000 / CHF 41,800 - 55,000 / USD 49,000 - 65,000

Sold: HKD 475,000

A very fine, large, water-resistant, 18K yellow gold manual winding wristwatch with square button chronograph, register, tachometer, black dial with applied yellow gold Arabic numerals, and subsidiary dials for the seconds and 30-minute register.


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Grading System
Grade: AAA

Excellent
Case: 2-8

Very good

Slightly scratched
Movement: 2*

Very good

Overhaul recommended, at buyer's expense
Dial: 2-01

Very good

HANDS Original

Brand Patek Philippe

Model Grand Complication

Reference 5070J-001

Year circa 1999

Movement No. 3146143

Case No. 4052706

Bracelet 18K yellow gold Patek Philippe deployant clasp

Diameter 42mm.

Caliber 287-70 CHR, 24 jewels

Weight 110gr. (approx.)

Signature dial, case and movement

Accessories PP fitted box, certificate dated 1999, instruction booklet, leather folder

Notes

Introduced in 1998, the Patek Philippe 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 and equipped with the Lemania-based caliber 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 yellow gold variation was the first model in this reference, which stood out with its contrasting black dial and gold inscriptions, featuring yellow gold Arabic numeral indexes and hands that created a perfect contrast. It was produced for a brief period of 5 years, from 1998 to 2002.