Patek Philippe - The Hong Kong Watch Auction: TWO Hong Kong Monday, May 30, 2016 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2009
    Reference No: 5180
    Movement No: 3'719'037
    Case No: 4'495'420
    Material: Titanium
    Calibre: Automatic, 240 SQU, 27 jewels
    Bracelet/Strap: Black Patek Philippe crocodile leather strap
    Clasp/Buckle: Titanium Patek Philippe Henri Stern buckle
    Dimensions: 39 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin dated 23 November 2009, Attestation confirming that the present watch is a unique piece, product literature, portfolio photograph of the present watch and leather portfolio.

  • Catalogue Essay

    Property of an Important Collector

    Titanium was first discovered in 1791 by English clergyman and amateur geologist William Gregor (1761-1817). Gregor had found black sand by a river bank and noticed that it was attracted to a magnet. This black sand is now today what we call titanium and is extracted from minerals found inside earth. In 1980 the first titanium wristwatch was launched and today, titanium is arguably one of the most sought after and trendy materials to use in watchmaking due to its incredibly durable, light and corrosive resistant qualities.

    Patek Philippe seldom deviates from current production. It is virtually unheard of to find a Patek Philippe cased in titanium. There are but a few examples known from the titanium collection offered at auction in New York in 2014 and three examples made for Only Watch. The present watch is unique and made especially for the charity Children Action and auctioned in 2009 for 520,000 Swiss Francs.

    Reference 5180 was first introduced in 2008 and greeted very warmly by the market. The watch is completely skeletonized and has a large case diameter of 39mm. Every bridge of the skeletonized movement is completely hand engraved and this reference in particular is extremely popular in Asia.

    This unique titanium reference 5180 is extraordinarily light and uber good looking. The reference is completely transformed when cased in titanium and the present watch is in pristine overall condition.

    Patek Philippe most notably, and recently, generously donated the stainless steel reference 5016 with blue enamel dial that was sold at the Only Watch auction in 2015, breaking the world record for most valuable wristwatch ever sold.

    To our knowledge, only 9 other Patek Philippe titanium watches have been offered on the market, with one watch - reference 6000T - also presented to Children Action in 2007 to raise money for child support throughout Southern America, Europe and Southeast Asia.

  • 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. 5180
A unique and very important titanium skeletonized wristwatch with original certificate

39 mm. diameter
Case, dial and movement signed

HK$2,700,000 - 4,000,000 

Sold for HK$4,240,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

Ziyong Ho
+852 9386 2032

Jill Chen
+852 2318 2033

The Hong Kong Watch Auction: TWO

Hong Kong Auction 31 May 2016