Patek Philippe - The Hong Kong Watch Auction: XII Hong Kong Saturday, June 5, 2021 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2019
    Reference No: 5131/1P-001
    Movement No: 7’212’423
    Case No: 6’264’604
    Model Name: World Time
    Material: Platinum
    Calibre: Automatic, cal. 240 HU, 33 jewels
    Bracelet/Strap: Platinum Patek Philippe bracelet, max length 165mm
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 39.5mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin, Rare Handicrafts Certificate of Authenticity, instruction manual, product literature, leather folio, travel pouch, outer packaging and fitted presentation box.

  • Catalogue Essay

    The Patek Philippe World Time has long been an admirable asset to the firm’s established heritage. First developed by Louis Cottier in the 1930s, it did not take long for Patek Philippe to incorporate the innovative mechanism to their very first world time ref. 1415, adopting an inner rotating disc decorated with 24 various time zones indicated by their respective cities.

    Fast forward to modern times, the Patek Philippe World Time wristwatch remains largely unchanged. To celebrate the new millennium, the firm released the ref. 5110 and was the first world time reference introduced since the ref. 2525, which was discontinued in 1965. With a successful reception among collectors, the ref. 5110 was discontinued in 2006 and made way for the new ref. 5130, featuring a similar aesthetics to its previous model with a larger case measuring 39.5mm diameter.

    In 2008, Patek Philippe introduced the ref. 5131 in yellow gold featuring essentially the same case and movement as the ref. 5130, however featuring a rare and highly desirable cloisonné enamel dial depicting the various continents from the world map. Rare handicrafts are another important asset to Patek Philippe as it enables the firm to display traditional craftsmanship through various techniques of enameling. With only a handful of master artisans able to execute the delicate craft of cloisonné enameling, the construction of the dial is achieved by applying thin gold wiring on the surface precisely bending it to form its motif. Enamel is then filled within the gold borders with various colours. The enameling process requires the dial to be heated several times in a kiln at approximately 700 – 800 degree Celsius.

    Released in a total of four metals, the last to be released in 2017 was the ref. 5131/1P-001 in platinum featuring a bracelet. Regarded as one of the most sought after Patek Philippe references since its launch, the beautifully paired bracelet provides the wearer with a luxurious heft that is achieved utilizing platinum. Recently discontinued in 2021, the demand for these wonderful world time wristwatches are ever growing. Offered in excellent overall condition, the present example from circa 2019 is accompanied by its full set of accessories.

  • 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. 5131/1P-001
An exceptional and rare platinum world time wristwatch with cloisonné enamel dial, bracelet, Certificate of Origin and box

Circa 2019
39.5mm diameter
Case, dial, movement, bracelet and clasp signed

HK$780,000 - 1,200,000 

Sold for HK$1,134,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: XII

Hong Kong Auctions 5-6 June 2021