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  • Manufacturer: Patek Philippe
    Year: 2010
    Reference No: 5130
    Movement No: 5'553'303
    Case No: 4'525'619
    Material: Platinum
    Calibre: Automatic, 240 HU, 33 jewels
    Bracelet/Strap: Black Patek Philippe crocodile leather strap
    Clasp/Buckle: Platinum Patek Philippe folding deployant clasp
    Dimensions: 40 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Patek Philippe Certificate of Origin dated 1 January 2011, Attestation confirming the present watch is part of a limited edition series of 50 pieces produced exclusively for Ahmed Seddiqi & Sons of Dubai by Patek Philippe in the year 2010, product literature, instruction manual, leather wallet, leather portfolio, portfolio photographs of the present watch, fitted presentation box and outer packaging. Furthermore delivered with Patek Philippe Extract from the Archives confirming production of the present watch in 2010 and its subsequent sale on 10 December 2010.

  • Catalogue Essay

    The World Time system was invented by master watchmaker Louis Cottier in 1935. The ingenious system allowed the wearer to view multiple time zones immediately. Watches featuring the World Time system were fitted with two discs, which could be easily adjusted to change and compare the time of various cities around the world. Such is the genius of the World Time mechanism, that Cottier’s invention is still used today. Patek Philippe’s most modern interpretation is reference 5130 and 5131.

    This platinum reference 5130, made in 50 examples, was made exclusively for Ahmed Seddiqi & Sons of Dubai to celebrate the retailer’s 60th Anniversary and the 50 year relationship between Seddiqi and Patek Philippe. The case back is printed "Commemorative Piece 1950-2010" to celebrate the auspicious event, along with the retailer’s logo – a double facing ‘S’.

    The time zone for Dubai is highlighted in red, emphasizing its importance and contrasting wonderfully against the black dial.

    Offered in excellent condition, it is the first time in auction history that a ‘World Time Dubai’ has ever appeared on the market.

  • 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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Property from a Prominent International Collector

Σ972

Ref. 5130
A fine and very rare platinum limited edition worldtime wristwatch with guilloché dial, original certificate and presentation box, produced exclusively for Ahmed Seddiqi & Sons of Dubai and made to commemorate its 60th Anniversary and 50 year relationship with Patek Philippe

2010
40 mm. diameter
Case, dial and movement signed

Estimate
HK$900,000 - 1,600,000 
€108,000-193,000
$110,000-200,000

Sold for HK$875,000

Contact Specialist
Thomas Perazzi
Head of Watches, Asia
+852 2318 2030
[email protected]

Ziyong Ho
Specialist
+852 9386 2032
[email protected]

Jill Chen
Specialist
+852 2318 2033
[email protected]

The Hong Kong Watch Auction: FOUR

Hong Kong Auction 30 May 2017