Patek Philippe. A Very Fine and Rare Platinum and Diamond-set Perpetual Calendar Chronograph Wristwatch with Moon Phases and Additional Solid Caseback
Prospective purchasers are advised that several co… Read more
Patek Philippe. A Very Fine and Rare Platinum and Diamond-set Perpetual Calendar Chronograph Wristwatch with Moon Phases and Additional Solid Caseback

Signed Patek Philippe, Genève, Ref. 3970E, Movement No. 3'045'508, Case No. 2'994'045, Manufactured in 1996

Details
Patek Philippe. A Very Fine and Rare Platinum and Diamond-set Perpetual Calendar Chronograph Wristwatch with Moon Phases and Additional Solid Caseback
Signed Patek Philippe, Genève, Ref. 3970E, Movement No. 3'045'508, Case No. 2'994'045, Manufactured in 1996
Movement: Manual, Cal. CH 27-70 Q, 24 jewels
Dial: Black, diamond-set numerals, two windows for date in English, three subsidiary dials
Case: Platinum, sapphire crystal display screw back, two round chronograph buttons in the band
Strap/Buckle: Patek Philippe crocodile strap, Patek Philippe platinum deployant clasp
Accompanied By: An additional solid case back, setting pin, A Patek Philippe Extract from the Archives confirming date of sale on November 21st, 1996, an undated Patek Philippe Certificate of Origin, product literature, a Patek Philippe leather envelope, a Patek Philippe presentation slipcase, a Patek Philippe presentation box and outer packaging
Special Notice
Prospective purchasers are advised that several countries prohibit the importation of property containing materials from endangered species, including but not limited to coral, ivory and tortoiseshell. Accordingly, prospective purchasers should familiarize themselves with relevant customs regulations prior to bidding if they intend to import this lot into another country.

Lot Essay

The Patek Philippe reference 3970 perpetual calendar chronograph is considered a modern classic. The third iteration of the celebrated perpetual chronograph line of timepieces from Patek Philippe, the 3970 is the heir to the 2499, with which it shares the unmistakable case construction characterized by its sculpted lugs. Also, the 3970 replaces the Valjoux caliber of its predecessors with a Lemania caliber. 

Beyond being aesthetically pleasing, the new indicators are extremely practical: the 24-hour 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. Another practical addition is the push-piece for setting the month — previously one could only proceed one day at a time.

The 3970 represents the first ‘production era’ perpetual chronograph from Patek Philippe, and the fact that significant numbers of this reference were made relative to the 1518 and 2499 makes the 3970 more accessible in terms of price point and of exceptional value.
This particular example has a well preserved platinum case with crisp outside hallmarks on two of the lugs, a screw down sapphire case back, and a black dial with diamond hour markers, all confirmed on the archive.

The Certificate of Origin further confirming the originality of the black diamond dial is from 1996 also remains open and as it was never completed by the retailers. 

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