PATEK PHILIPPE. A VERY FINE AND RARE 18K YELLOW GOLD PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON PHASES, CERTIFICATE, SECOND CASE BACK AND BOX
PATEK PHILIPPE. A VERY FINE AND RARE 18K YELLOW GOLD PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON PHASES, CERTIFICATE, SECOND CASE BACK AND BOX
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PATEK PHILIPPE. A VERY FINE AND RARE 18K YELLOW GOLD PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON PHASES, CERTIFICATE, SECOND CASE BACK AND BOX

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

Details
PATEK PHILIPPE. A VERY FINE AND RARE 18K YELLOW GOLD PERPETUAL CALENDAR CHRONOGRAPH WRISTWATCH WITH MOON PHASES, CERTIFICATE, SECOND CASE BACK AND BOX

SIGNED PATEK PHILIPPE, GENEVE, REF. 3970J, 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.

With: 18K gold Patek Philippe buckle, 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.
Special Notice
Lots are subject to 5% import Duty on the importation value (low estimate) levied at the time of collection shipment within UAE. For UAE buyers, please note that duty is paid at origin (Dubai) and not in the importing country. As such, duty paid in Dubai is treated as final duty payment. It is the buyer's responsibility to ascertain and pay all taxes due. 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. Please note that on 1st of January 2018, the UAE introduced a VAT regime. For all lots, a VAT charge of 5% of the buyer’s premium will be payable unless the lot is correctly exported out of the UAE within 90 days of the date of this auction. For lots marked with the ‘star’ * symbol in the catalogue, an import duty of 5% of the hammer price will be payable if the lot is collected or shipped within the GCC and an additional VAT of 5% will be charged on the duty-inclusive hammer price if the lot is released into free circulation in the UAE. Please see the Conditions of Sale in the sale catalogue for full details. If you are shipping outside of the UAE, you will need to indicate your shipping requirements and residency status to us prior to bidding to secure a VAT refund.

Lot Essay

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.

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