Lot 277: PATEK PHILIPPE | A FINE YELLOW GOLD CHRONOGRAPH WRISTWATCH WITH REGISTER AND TACHOMETER SCALE REF 5070J MVT 3146433 CASE 4068611 MADE IN 1999

Est: $40,000 - $70,000
$32,000 0 bids
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Sotheby's

May 24, 2018, 1:30 PM EST
New York, NY, US
Live Auction
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Description: • cal. 27-70 manual winding lever movement, stamped with the seal of Geneva, 24 jewels, Gyromax balance • black dial, applied yellow gold Arabic numerals, Feuille hands, subsidiary dials for constant seconds, and 30 minute register, outer gilt tachometer scale, outermost gilt minute track • 18k yellow gold case, stepped bezel and lugs, rectangular chronograph pushers, screw down sapphire crystal display back •  case, dial, and movement signed 
Dimensions: diameter 42 mm
Condition Report: CASE Case with wear, scuffing and scratches consistent with some regular use. Bezel with a linear pattern of two nicks between 7 and 8. Bezel also with surface scratches throughout. The interior bezel between 1 and 2 with an indentation visible at an angle under the crystal. A small indentation to the stepped bezel next to the upper right lug between 1 and 2. Impressions of the hallmarks to lug bands still apparent. PPC stamp to back of lug very crisp. Step to lugs with wear. Upper left lug with a dent to the back side. Left side case band with a flat indentation at the center closest to the case back. **Please note that a 18k yellow gold Patek Philippe folding clasp is available, but in damaged condition without the calatrava clasp. The clasp would not be operational without repair. A standard stainless steel display buckle may be provided for display and exhibition purposes. DIAL Dial is very attractive and in excellent condition. MOVEMENT The movement is running at time of cataloging, however it was not tested for the accuracy of time or duration of the power reserve and may need service at the buyer's discretion. Please note that Sotheby's does not guarantee the future working of the movement. ***Please be advised that the bands on this watch are made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) and thus not sold with the watch, they are for display purposes only. We will remove these bands prior to international shipping.***
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping."
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Payment

Accepted forms of payment: American Express, COD (cash on delivery), MasterCard, Money Order / Cashiers Check, Other, Personal Check, Visa, Wire Transfer
Shipping: Once your payment has been received and cleared, property may be released. Unless other-wise agreed by Sotheby's, all purchases must be removed by the 30th calendar day following a sale.

Collection and Delivery
Post Sale Services
+ 1 212 606 7444
FAX: + 1 212 606 7043
uspostsaleservices@sothebys.com

Shipping Services
Sotheby's offers a comprehensive shipping service to meet all of your requirements. If you received
a shipping quotation or have any questions about the services we offer please contact us.

Collecting your Property
As a courtesy to purchasers who come to Sotheby's to collect property, Sotheby's will assist in the packing of lots, although Sotheby's may, in the case of fragile articles, choose not to pack or otherwise handle a purchase.

If you are using your own shipper to collect property from Sotheby's, please provide a letter of authorization and kindly instruct your shipper that they must provide a Bill of Lading prior to collection. Both documents must be sent to Post Sale Services prior to collection.

The Bill of Lading must include: the purchaser's full name, the full delivery address including the street name and number, city and state or city and country, the sale and lot number.

Sotheby's will contact your shipper within 24 hours of receipt of the Bill of Lading to confirm the date and time that your property can be collected. Property will not be released without this confirmation and your shipper must bring the same Bill of Lading that was faxed to Sotheby's when collecting. All property releases are subject to the receipt of cleared funds.
Please see the Conditions of Sale for further details.

Endangered Species
Certain property sold at auction, for example, items made of or incorporating plant or animal materials such as coral, crocodile, ivory, whalebone, tortoiseshell, rhinoceros horn etc., irrespective of age or value, may require a license or certificate prior to exportation and additional licenses or certificates upon importation to another country. Sotheby's suggests that buyers check on their government wildlife import requirements prior to placing a bid. Please note that the ability to obtain an export license or certificate does not ensure the ability to obtain an import license or certificate in another country, and vice versa. It is the purchaser's responsibility to obtain any export or import licenses and/or certificates as well as any other required documentation. In the case of denial of any export or import license or of delay in the obtaining of such licenses, the purchaser is still responsible for making on-time payment of the total purchase price for the lot.

Although licenses can be obtained to export some types of endangered species, other types may not be exported at all, and other types may not be resold in the United States. Upon request, Sotheby's is willing to assist the purchaser in attempting to obtain the appropriate licenses and/or certificates. However, there is no assurance that an export license or certificate can be obtained. Please check with the specialist department or the Shipping Department if you are uncertain as to whether a lot is subject to these export/import license and certificate requirements, or any other restrictions on exportation.

Please see the Conditions of Sale for further details.
Live bidding may start higher or lower
Buyer's Premium
$1 - 300,000: 25.0%
$300,001 - 3,000,000: 20.0%
$3,000,001+: 12.9%
From: To: Increment:
$0 $999 $50
$1,000 $1,999 $100
$2,000 $3,199 $200
$3,200 $3,799 $300
$3,800 $4,199 $200
$4,200 $4,799 $300
$4,800 $4,999 $200
$5,000 $9,999 $500
$10,000 $19,999 $1,000
$20,000 $31,999 $2,000
$32,000 $37,999 $3,000
$38,000 $41,999 $2,000
$42,000 $47,999 $3,000
$48,000 $49,999 $2,000
$50,000 $99,999 $5,000
$100,000 $199,999 $10,000
$200,000 $299,999 $20,000
$300,000 $319,999 $20,000
$320,000 $379,999 $30,000
$380,000 $419,999 $20,000
$420,000 $479,999 $30,000
$480,000 $499,999 $20,000
$500,000 $999,999 $50,000
$1,000,000 $1,999,999 $100,000
$2,000,000 $2,999,999 $200,000
$3,000,000 $3,199,999 $200,000
$3,200,000 $3,799,999 $300,000
$3,800,000 $4,199,999 $200,000
$4,200,000 $4,799,999 $300,000
$4,800,000 $4,999,999 $200,000
$5,000,000 $9,999,999 $500,000
$10,000,000+ $1,000,000
SHIPPING SERVICES: Once your payment has been received and cleared, property may be released. Unless other-wise agreed by Sotheby's, all purchases must be removed by the 30th calendar day following a sale.

Collection and Delivery
Post Sale Services
+ 1 212 606 7444
FAX: + 1 212 606 7043
uspostsaleservices@sothebys.com

Shipping Services
Sotheby's offers a comprehensive shipping service to meet all of your requirements. If you received
a shipping quotation or have any questions about the services we offer please contact us.

Collecting your Property
As a courtesy to purchasers who come to Sotheby's to collect property, Sotheby's will assist in the packing of lots, although Sotheby's may, in the case of fragile articles, choose not to pack or otherwise handle a purchase.

If you are using your own shipper to collect property from Sotheby's, please provide a letter of authorization and kindly instruct your shipper that they must provide a Bill of Lading prior to collection. Both documents must be sent to Post Sale Services prior to collection.

The Bill of Lading must include: the purchaser's full name, the full delivery address including the street name and number, city and state or city and country, the sale and lot number.

Sotheby's will contact your shipper within 24 hours of receipt of the Bill of Lading to confirm the date and time that your property can be collected. Property will not be released without this confirmation and your shipper must bring the same Bill of Lading that was faxed to Sotheby's when collecting. All property releases are subject to the receipt of cleared funds.
Please see the Conditions of Sale for further details.

Endangered Species
Certain property sold at auction, for example, items made of or incorporating plant or animal materials such as coral, crocodile, ivory, whalebone, tortoiseshell, rhinoceros horn etc., irrespective of age or value, may require a license or certificate prior to exportation and additional licenses or certificates upon importation to another country. Sotheby's suggests that buyers check on their government wildlife import requirements prior to placing a bid. Please note that the ability to obtain an export license or certificate does not ensure the ability to obtain an import license or certificate in another country, and vice versa. It is the purchaser's responsibility to obtain any export or import licenses and/or certificates as well as any other required documentation. In the case of denial of any export or import license or of delay in the obtaining of such licenses, the purchaser is still responsible for making on-time payment of the total purchase price for the lot.

Although licenses can be obtained to export some types of endangered species, other types may not be exported at all, and other types may not be resold in the United States. Upon request, Sotheby's is willing to assist the purchaser in attempting to obtain the appropriate licenses and/or certificates. However, there is no assurance that an export license or certificate can be obtained. Please check with the specialist department or the Shipping Department if you are uncertain as to whether a lot is subject to these export/import license and certificate requirements, or any other restrictions on exportation.

Please see the Conditions of Sale for further details.
View full terms and conditions

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Sotheby's
May 24, 2018, 1:30 PM EST Live Auction

New York, NY, US