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

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  • Manufacturer: Patek Philippe
    Year: Circa 2016
    Reference No: 5275P-001
    Movement No: 5’252’104
    Case No: 6’061’404
    Model Name: Chiming Jump Hour
    Material: Platinum
    Calibre: Manual, cal. 32-650 HGS PS, 75 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 40mm width x 47.5mm length
    Signed: Case, dial, movement and clasp signed

  • Catalogue Essay

    Patek Philippe celebrated their 175th anniversary in 2014 and as collectors have come to expect, they released a collection of six limited edition timepieces, which highlighted their technical skill and quality workmanship. Each example was a marvel, with the reference 5275P a modern chiming Jump Hour wristwatch that took four years of research and development and four patents to create. Paying homage to the 1989 anniversary Jump Hour reference 3969, the 21st century example was bold and modern with a platinum engraved case and dial, as well as a chime at the top of the hour. Patek Philippe produced only 175 examples, and the watch was the epitome of complications from their historical past, and elegant aesthetic design in the tonneau-shaped case.

    Amongst watch enthusiast the new caliber 32-650 HGS PS was an amazing feat of technology, with the jump hour requiring the power and energy to create the functions to happen, and energy management the heart of the movement. The manually wound 48 hour caliber allowed the time to “jump” at the hour, as well as the minutes and seconds. Energy was stored and released with the lever and wolf’s tooth winding made from Silinvar, which is extremely light and almost friction free, allowing for little energy loss with time “jumping” and not a constant movement.

    The present example is fresh to the market and in unused condition still in its factory seal. The reference 5275P is known for its loud and crisp chiming mechanism, which is perfectly synchronised to the time. Accompanied with certificate of origin and presentation box, the watch is a wonderful tribute to the brand and their excellence in movement design and manufacture.

  • 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. 5275P-001
An exceptional and rare limited edition platinum chiming wristwatch with jump seconds and minutes, digital jump hour, engraved dial and case, with Certificate of Origin, made for the 175th anniversary of Patek Philippe, single sealed

Circa 2016
40mm width x 47.5mm length
Case, dial, movement and clasp signed

HK$2,000,000 - 3,000,000 

Sold for HK$2,875,000

Contact Specialist

Thomas Perazzi

Head of Watches, Asia
+852 2318 2001


The Hong Kong Watch Auction: X

Hong Kong Auction 10 July 2020