Patek Philippe - The Hong Kong Watch Auction: XIV Hong Kong Friday, May 27, 2022 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2017
    Reference No: 5230G-010
    Movement No: 7’103’318
    Case No: 6’196’592
    Model Name: World Time, New York Edition
    Material: 18K white gold
    Calibre: Automatic, cal. 240 HU, 33 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 38.5mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped De Boulle, INC. dated 5th September 2017, instruction manual, product literature, leather folio, outer packaging and fitted presentation box.

  • Catalogue Essay

    For horological connoisseurs, July 13th, 2017 was an exciting day in New York City when “Patek Philippe-The Art of Watches Grand Exhibition” first opened to the public for a ten-day celebration of the brand and their formidable history. The exhibition included over 450 pieces chosen from their museum and selected collectors, which demonstrated the brand's skill and workmanship that have made them a dominant force in luxury Swiss watchmaking. The exhibition was a moment to relish all Patek Philippe's history, an opportunity to meet their watchmakers and see them in action, as well as to own a very limited number of exhibition timepieces made for this rare and special event. Patek Philippe issued a total of nine limited-edition wristwatches and pocket watches, and the present 5230/G New York Edition is one of the most sublime and charming of these special timepieces.

    Based on the traditional reference 5230G world time equipped with the firm’s cal. 240 HU, automatic movement with a micro-rotor, the watch has an opaline blue dial with an Art Deco metal relief of the Manhattan skyline. The 24 world cities are featured in blue contrasting with the white dial giving the watch a cool contemporary appeal. The world-time mechanism has a long history in the Patek Philippe line-up with the reference 1415 first released in 1939. The Louis Cottier invention allowed travelers to see 24 time zones simultaneously, and with the case pusher to select the local time.

    Limited to 300 examples, the present example from circa 2017 is offered in “like new” overall condition with no signs of use and wear is further complete with 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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Σ1037

Ref. 5230G-010
A very fine and rare limited edition white gold world time wristwatch with Certificate of Origin and presentation box, made for the Patek Philippe – The Art of Watches Grand Exhibition in New York

Circa 2017
38.5mm diameter
Case, dial, movement and clasp signed

Estimate
HK$470,000 - 940,000 
€59,900-120,000
$60,300-121,000

Sold for HK$693,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia 
+852 2318 2001
WatchesHK@phillips.com

The Hong Kong Watch Auction: XIV

Hong Kong Auction 27 - 28 May 2022