• Christies auction house James Christie logo

    Sale 1417

    Rare Watches Including Nautilus 40 Part II

    14 November 2016, Geneva

  • Lot 284

    Patek Philippe. A very fine and rare 18K gold perpetual calendar chronograph wristwatch with moon phases, Certificate, second case back and box

    SIGNED PATEK PHILIPPE, GENEVE, REF. 3970, MOVEMENT NO. 3'045'418, CASE NO 2'968'258, MANUFACTURED IN 1996

    Price Realised  

    Estimate

    Patek Philippe. A very fine and rare 18K gold perpetual calendar chronograph wristwatch with moon phases, Certificate, second case back and box
    Signed Patek Philippe, Geneve, ref. 3970, movement no. 3'045'418, case no 2'968'258, manufactured in 1996
    MOVEMENT: manual, cal. CH 27-70 Q, stamped with the Geneva seal, 24 jewels
    DIAL: silvered white, applied square and baton numerals, outer fifth of a second combined with Arabic five minutes divisions, two windows for day and month in Italian, two sunken engine-turned subsidiary dials for constant seconds combined with 12 hours register and 30 minutes register combined with leap year indicator, one subsidiary dial for date combined with aperture for moon phases
    CASE: 18K gold, downturned fluted lugs, glazed display screw back, two round chronograph buttons in the band, 36 mm. diam.
    SIGNED: case, dial and movement
    BUCKLE: 18K gold Patek Philippe buckle
    ACCOMPANIED BY: With Patek Philippe Certificate of Origin stamped by Milan retailer Orologeria Pisa and dated 19 December 1996, second solid case back, setting pin, product literature, fitted wooden box and outer packaging.
    Furthermore accompanied by Patek Philippe Extract from the Archives confirming production of the present watch with oplaine-white dial and sword-shaped indexes in yellow gold in 1996 and its subsequent sale on 9 September 1996.


    Contact Client Service
    • info@christies.com

    • New York +1 212 636 2000

    • London +44 (0)20 7839 9060

    • Hong Kong +852 2760 1766

    • Shanghai +86 21 6355 1766

    The present timepiece is offered by its original owner in absolutely stunning condition. A proper example of new old stock watch, it comes of course with its full sale kit. A further layer of appeal is granted by the prestigious Orologeria Pisa signature on the Certificate, one of the most prominent Italian watch retailers. Patek Philippe themselves celebrated their collaboration with this revered house in 2007, with a special edition of the Calatrava reference 5296.

    The third iteration of the celebrated perpetual chronograph line of timepieces by Patek Philippe, reference 3970 is the heir to legendary 2499, with which it shares the unmistakable case construction characterized by the sculpted lugs. It is however one millimeter smaller than its predecessor: its 36 mm. diameter places it in between reference 1518 (35 mm.) and indeed reference 2499 (37 mm.).

    With reference 3970, the dial acquires to new indications: the 24 hours indication and the leap year indication. It is remarkable how these additions do not encumber the dial design: they are ingeniously placed inside the subsidiary dials at 6 and 9, thus keeping the overall look and feel of the dial very similar to that of reference 2499. If anything, they render the two subsidiary counters more balanced thanks to the small designations at 3, 6, 9 and 12.

    Beyond being aesthetically pleasing, the new indicators are extremely practical: the 24 hours indication allows the wearer to avoid setting the calendar when the time is around midnight and the calendar gear train is working, which would damage the movement. The leap year indicator is invaluable when setting the perpetual calendar: with earlier models one had to manually proceed to February 28, and then pay attention if the next day would be February 29, in which case he or she would obviously know it is a leap year, or March 1st, in which case it could be any of the non-leap years. Another practical addition is the push-piece for setting the month, while previously one could only proceed one day at a time.

    Special Notice

    On lots marked with an + in the catalogue, VAT will be charged at 8% on both the premium as well as the hammer price.
    Many of the watches offered for sale in this catalogue are pictured with straps made of endangered or protected animal materials such as alligator or crocodile. These lots are marked with the symbol ~ in the catalogue. These endangered species straps are shown for display purposes only and are not for sale. Christie’s will remove and retain the strap prior to shipment from the sale site. At some sale sites, Christie’s may, at its discretion, make the displayed endangered species strap available to the buyer of the lot free of charge if collected in person from the sale site within 1 year of the date of the sale. Please check with the department for details on a particular lot.