Patek Philippe - The Geneva Watch Auction: XVIII Geneva Friday, November 3, 2023 | Phillips
  • Manufacturer: Patek Philippe
    Year: 2021
    Reference No: 5524R-001
    Movement No: 7'374'178
    Case No: 6'430'899
    Model Name: Calatrava Pilot Travel Time "Tiffany & Co."
    Material: 18k pink gold
    Calibre: Automatic, cal. 324 S C FUS, 29 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: 18K pink gold Patek Philippe pin buckle
    Dimensions: 42mm Diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Tiffany & Co. San Francisco USA and dated April 18th 2021, setting pin, instruction manual, hang tag, product literature, leather folio, fitted presentation box and Tiffany & Co. outer packaging.

  • Catalogue Essay

    Patek Philippe’s Calatrava Pilot Travel Time took its inspiration from early 20th century air travel pioneers and the brand's early aviation watches. Released at Baselworld in 2015 in white gold and 2018 in pink gold , the reference 5524 at first met some resistance from the collecting community as it was a 21st century dual-time wristwatch made for 21st century tastes and not merely an iteration of a more classic offering.

    Sentiments quickly changed, and the watch became sought after for its thoroughly modern functionality as a companion piece for world travelers.

    The 42mm diameter case is dominated by two large correctors found at the 8 and 10 o’clock positions. These allow for the hour hand to jump forward or backward an hour per push, and feature patent-pending safety locks to ensure the time is not accidentally changed. The indices are filled with Superluminova, increasing the legibility of the oversized Arabic numerals. A bold sword hand indicates local time, and a second, skeletonized hand shows home time.

    To date, only one other iteration of the present example has appeared on the auction market, underscoring the rarity of this timepiece. The present watch is offered in excellent, barely worn condition and is accompanied by all its original accessories such as the Patek Philippe Certificate of Origin dated June 28, 2019, setting pin, product literature, presentation box and outer packaging.

    Phillips has had the pleasure of offering only one 5524 in pink gold underlining the models extreme rarity, however, the present watch is signed Tiffany & Co, making it only the 2nd known pink gold model bearing this prestigious signature (4 models in white gold signed Tiffany & Co. are known).

  • Artist Biography

    Patek Philippe

    Swiss • 1839

    Since its founding in 1839, this famous Geneva-based firm has been surprising its clientele with superbly crafted timepieces fitted with watchmaking's most prestigious complications. Traditional and conservative designs are found across Patek Philippe's watches made throughout their history — the utmost in understated elegance.

    Well-known for the Graves Supercomplication — a highly complicated pocket watch that was the world’s most complicated watch for 50 years — this family-owned brand has earned a reputation of excellence around the world. Patek's complicated vintage watches hold the highest number of world records for results achieved at auction compared with any other brand. For collectors, key models include the reference 1518, the world's first serially produced perpetual calendar chronograph, and its successor, the reference 2499. Other famous models include perpetual calendars such as the ref. 1526, ref. 3448 and 3450, chronographs such as the reference 130, 530 and 1463, as well as reference 1436 and 1563 split seconds chronographs. Patek is also well-known for their classically styled, time-only "Calatrava" dress watches, and the "Nautilus," an iconic luxury sports watch first introduced in 1976 as the reference 3700 that is still in production today.

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Ref. 5524R-001
A rare and attractive pink gold pilot’s dual-time wristwatch with date, day and night indicator, certificate of origin and presentation box retailed by Tiffany & Co.

42mm Diameter
Case, dial, movement and buckle signed

CHF30,000 - 60,000 

Sold for CHF48,260

Contact Specialist

Alexandre Ghotbi
Deputy Chairman, Watches, Head of Watches, Europe, and Middle East

+41 79 637 17 24

Tiffany To
Head of Sale, Geneva

+41 79 460 55 88


The Geneva Watch Auction: XVIII

Geneva Auction 3 - 4 November 2023