Patek Philippe - The Hong Kong Watch Auction: XVI Hong Kong Wednesday, May 24, 2023 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2001
    Reference No: 5110P-001
    Movement No: 3’207’038
    Case No: 4’142’722
    Model Name: World Time
    Material: Platinum
    Calibre: Automatic, cal. 240 HU, 33 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 37mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Tiffany & Co., and date-coded June 2001, instruction manual, product literature, leather folio, additional Patek Philippe black crocodile strap, fitted presentation box, outer packaging and Tiffany outer packaging.

  • Catalogue Essay

    Both watch collectors and travel enthusiasts have particularly favoured the World Time complication. Since its release in the year 2000, the Patek Philippe ref. 5110 has enjoyed instant recognition for allowing its wearer to quickly identify the timezones of 24 different cities with no hesitation. Boasting distinct Patek Philipe proportions, this reference is very attractive, featuring subtle yet intricate finishing touches on both its dial and its case. The multi-faceted dial is composed of two peripheral rotary discs, where the inner disc details the respective timezones of the cities listed on the outer ring.

    Retailed by the esteemed Tiffany & Co, the present platinum World Time ref. 5110P-001 is a rare specimen, bearing a hand-engraved designation of the retailer along the caseband at 9 o’clock. This quiet giant is measured at 37mm, fitted with smooth straight lugs and is a quintessential Calatrava through and through. New at the time to Patek Phillippe, the hands are defined by their contours that flatter the baton-shaped applied hour markers. Taking cues from the manufacturer’s heritage as masters of pocket watches, the centre of the dial also features hand-engraved guilloche patterns that bring depth to the flat surface. Closed with a sapphire caseback, the wearer is also invited to admire its uber-thin cal. 240HU is an automatic movement that is technically sound and as beautifully finished as its dial, with Geneva stripes, perlage and anglage.

    To the best of our knowledge, the present ref. 5110P is the first known example embellished with a hand-engraved Tiffany & Co. designation along its caseband. Offered in excellent overall condition, this rare gem is further accompanied by its original accessories with a Patek Philippe Certificate of Origin delivered with a Tiffany & Co. stamp.

  • 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. 5110P-001
A fine and attractive platinum world time wristwatch with guilloche dial, Certificate of Origin and presentation box, retailed by Tiffany & Co.

Circa 2001
37mm diameter
Case, dial, movement and clasp signed

HK$240,000 - 400,000 

Sold for HK$660,400

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2031

The Hong Kong Watch Auction: XVI

Hong Kong Auction 24 - 25 May 2023