1/13
Lot #1523

Patek Philippe 3970G Fourth Series Perpetual Calendar Chronograph

How do I bid? Start here

Introduction

Tasked with creating the successor to the iconic ref. 2499, Philippe Stern created the legendary Patek Philippe ref. 3970, which has now gone on to become one of Patek Philippe's most sough-after vintage references. Released in 1986, a year after the ref. 2499 was discontinued, the ref. 3970 includes some design choices that are indicative of the period during which it was created. In the '80s, dress watches were getting smaller, and as such, Stern decided to take the ref. 2499's 37.5mm case and reduce it to 36mm for the ref. 3970. This served to broaden the piece's appeal and give it a classier aesthetic. The ref. 3970’s construction also builds upon this classy design with a concave bezel and downturned fluted lugs that help to slim the case's profile on the wrist and maintain its elegant look and feel. Equipped with the same movement that was in the ref. 2499, the Lemania cal. 2310, Patek Philippe’s artisans have heavily modified it to be just as finely finished as any other Patek movement. Carrying a lot of history itself, the Lemania cal. 2310 is often regarded as one of the most legendary movements to have ever existed, with its inception dating back to a joint project between Lemania and Omega in the 40's. With its visual overhaul, Patek decided to rebrand their refinished Lemania 2310 as the cal. CH 27-70, a movement that Patek collectors hold in particularly high regard, much like the ref. 3970 that it is found within.

Loupe This Scorecard

Grade

M 9

Status

Vetted & Approved

Included

Watch Only

Est. value range

$80,000 – $120,000

The Details

Brand

Patek Philippe

Dimensions

36mm

Model

Perpetual Calendar Chronograph

Movement

Manual Wind cal. CH 27-70

Reference

3970G

Bracelet

Leather strap

Year

1999-2004 (Fourth Series)

Condition

Excellent Near-Mint

Material

18kt White gold

Included

Watch only

Dial Color

White

THE DIAL

This fourth-series variant sports a crisp white dial with pointed applied hour markers, thick inscriptions, and sword-shaped hands.

THE CASEBACK

This example features a screw-down exhibition caseback that provides a perfect view of its immaculately finished manual-wind Lemania based caliber.

TIMING MACHINE READOUT

This reading was taken (crown down) with a ONEOF Accuracy Boutique Edition timing machine at time of cataloging. It is provided as a courtesy only, and shall not be construed as a warranty or guarantee of any kind. Please refer to our terms and conditions of sale for more information.

Condition

Watch is in exellent, near-mint condition with only minor signs of surface wear. There are some scratches on the edge of the bezel at around 35 minutes past as shown in the images. The case appears unpolished with sharp hallmarks on lugs and a well porportioned case. Chamfers are sharp and crisp along edge of lugs. Dial is unmarked and blemish free.

Please Note: Due to CITES considerations, if the watch is to be shipped outside of the USA, the exotic skin strap will have to be removed.

Our Perspective

Perhaps one of the most iconic complicated timepieces to leave the hallowed halls of Patek Philippe, the ref. 3970 is a legendary watch with collectors across the world understandably scrambling to add an example to their collection.

Eric Ku

Co-founder