
Sharon Chan
Head of department, Director of Watches, Asia
Sold for HK$396,800 inc. premium
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The Patek Philippe reference 5070 is a masterpiece that pays homage to its predecessor, the legendary reference 1463, while embodying modern watchmaking excellence. With over four decades separating their introductions, both models remain closely tied by their dedication to classic chronograph design without a calendar complication—a hallmark of Patek Philippe's refined approach.
Introduced in 1998, the 5070 was initially offered exclusively in yellow gold for its first four years. Its heart is the manual-wound caliber CH 27-70, an exceptional Lemania-based mechanical movement, celebrated as one of the finest chronograph calibers ever crafted. This exquisite movement is showcased through a sapphire crystal case back, adding both sophistication and transparency to its design. Notably, the 5070 is the last Patek Philippe timepiece to feature a Lemania-based movement, marking the end of an era for the brand's horological innovations.