Patek Philippe - The Hong Kong Watch Auction: X Hong Kong Friday, July 10, 2020 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2017
    Reference No: 5131R-011
    Movement No: 7’103’334
    Case No: 6’205’783
    Model Name: World Time
    Material: 18K pink gold
    Calibre: Automatic, cal. 240 HU, 33 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18k pink gold Patek Philippe deployant clasp
    Dimensions: 39.5mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Further accompanied by Patek Philippe Certificate of Origin stamped 23 October 2017, Patek Philippe presentation box, hang tag, leather envelop with product literature and outer packaging

  • Catalogue Essay

    In 1939, Patek Philippe introduced the reference 1415 HU (heures universelles), which was their first world time wristwatch and was historically significant for its innovative movement. Based on the ground breaking work of Louis Cottier and his world time pocket watches from two years earlier, the new model was diminutive in size at 31mm diameter, but met a growing need as international travel became more common, and there was a desire to keep track of time across the globe. Approximately 115 examples were produced, and overtime the brand enhanced the design by adding an extremely rare cloisonné enamel map to the center of the dial, an example of which sold at Phillips Geneva in May 2018, lot 268 for 972,500 CHF. With changing tastes and styles and always seeking to innovative and upgrade, Patek Philippe released their reference 2523 world time in 1953 with a 36mm diameter wristwatch and two-crown setting and winding system. Some examples featured very rare enamel dials. Today, these watches are highly collectible and sought after by passionate collectors. In keeping with their long and traditional past, Patek Philippe released their reference 5110 world time wristwatch in 2000, which later replaced it with the reference 5130, and the reference 5131 with cloisonné map dial in 2008.

    The present model in pink gold is in unused condition and remains single sealed. It is fresh to the market and is a lovely representation of this model. Produced in a large 39.5mm diameter cases, it was offered in yellow, white and pink gold models, and while now disconnected, Patek Philippe released the current platinum example in 2017. The reference 5131 featured the ultra-thin caliber 240 HU with micro-rotor, and a variety of enamel dials featuring Europe, Africa, Asia and the Americas. This handsome pink gold model features Asia and the Americas, and a fine example of the high quality cloisonné enamel workmanship by Patek Philippe artisans. Accompanied by the Certificate of Origin, presentation box and hang tag, this is an attractive and modern iteration of one of the brands most historical timepieces.

  • 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 OF A DISTINGUISHED PRIVATE COLLECTOR

Σ877

Ref. 5131R-011
A very fine and rare pink gold world time wristwatch with cloisonné enamel dial, with Certificate of Origin and presentation box, single sealed

Circa 2017
39.5mm diameter
Case, dial, movement and clasp signed

Estimate
HK$650,000 - 900,000 
€70,900-98,200
$83,300-115,000

Sold for HK$875,000

Contact Specialist

Thomas Perazzi

Head of Watches, Asia
+852 2318 2001

WatchesHK@phillips.com

 

The Hong Kong Watch Auction: X

Hong Kong Auction 10 July 2020