Watchcollecting.com (Watch Collecting) is offering a near mint condition Patek Philippe Grand Complications Split Seconds Chronograph (5370P-001) first sold in 2017.
Bidding opened this week and ends on Tuesday, August 24 at 10:30 a.m. EST and has already reached £55,000 with six days to go for the online auction.
Watch Collecting is rapidly building an international reputation for the sale of rare and hard to find timepieces.
The site debuted in March with the sale of a rice for a blue dialled 2016 Patek-Philippe “double-sealed,” Nautilus 5711 for $113,305 / £82,500.
This week’s star lot, the Patek Philippe 5370P-001 gained international notoriety as the first pure split seconds chronograph made with a wholly in-house movement.
Launched by Patek Philippe in 2015, it was the first wristwatch to use the CHR 29-535 PS calibre, based on the 5170 with the addition of a split-seconds module.
The watch is a contemporary classic with a vintage feel thanks to its deep black grand feu enamel dial with white gold Breguet style numerals and rhodium-plated steel hands with lume that can withstand the whip effect of the chronograph.
The strap is bent from being fastened on the case cushion but appears unworn.
The clasp has light marks and scratches. The watch is offered with its box, certificate of origin, leather document wallet and all booklets.
It also has the original platinum case back that is an alternative to the sapphire back presently fitted.