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

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  • Manufacturer: Patek Philippe
    Year: Circa 2012
    Reference No: 5130/1R-001
    Movement No: 5’654’358
    Case No: 4’579’310
    Model Name: World Time
    Material: 18K pink gold
    Calibre: Automatic, cal. 240 HU, 33 jewels
    Bracelet/Strap: 18K pink gold Patek Philippe bracelet, max length 180mm
    Clasp/Buckle: 18K pink gold Patek Philippe deployant clasp
    Dimensions: 39.5mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Duran Madrid dated 22nd September 2012, instruction manual, product literature, leather folio, outer packaging and fitted presentation box.

  • Catalogue Essay

    Released in 2006, the Patek Philippe ref. 5130 World Time is the second modern iteration of the famous timepiece. Being the successor of the ref. 5110, the new model featured essentially the same caliber but a larger case size at 39.5mm in diameter compared to 37mm for its previous model. The World Time was initially developed by Louis Cottier in 1935 via an inner rotating disc indicating 24 cities covering all time zones. Fast forward to modern times, the mechanism remains largely unchanged due to its high practicality and easy use.

    Produced in all four precious metals including yellow gold, pink gold, white gold and platinum, only the pink gold and white gold variants were released with a bracelet variant in the firm’s signature rice bead style. The reference was discontinued entirely in 2016 making way for the new ref. 5230.

    Fresh-to-the-market, the present Patek Philippe World Time ref. 5130/1R-001 is the 10th example to be identified and features an attractive chocolate brown guilloche dial matching perfectly with the prominent pink gold case and bracelet. Offered in excellent overall condition with extremely minimal signs of use and wear, the present timepiece from circa 2012 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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946

Ref. 5130/1R-001
A fine and well-preserved pink gold world time wristwatch with guilloche dial, bracelet, Certificate of Origin and presentation box

Circa 2012
39.5mm diameter
Case, dial, movement, bracelet and clasp signed

Estimate
HK$200,000 - 400,000 
€23,100-46,200
$25,600-51,300

Sold for HK$381,000

Contact Specialist

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

The Hong Kong Watch Auction: XVI

Hong Kong Auction 24 - 25 May 2023