Patek Philippe - The Hong Kong Watch Auction: XIII Hong Kong Thursday, November 25, 2021 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2018
    Reference No: 5524G-001
    Movement No: 7’182’529
    Case No: 6’283’335
    Model Name: Calatrava Pilot Travel Time
    Material: 18K white gold
    Calibre: Automatic, cal. 324 S C FUS, 29 jewels
    Bracelet/Strap: Calf
    Clasp/Buckle: 18K white gold Patek Philippe pin buckle
    Dimensions: 42mm diameter
    Signed: Case, dial, movement and buckle signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped 9th October 2018, instruction manual, product literature, setting pin, leather folio, outer packaging and fitted presentation box.

  • Catalogue Essay

    Released in 2015 at Baselworld, the Patek Philippe Calatrava Pilot Travel Time ref. 5524G was the most talked about timepiece in the community for various reasons. Taking its inspiration from their first ever pilot’s watch from the 1930s, it is was unknown to many that the firm were producing pilot’s watches back then and rightfully so, as these extremely rare examples were produced in very small quantities as prototypes. To some, the launch of the ref. 5524G was deemed as a revelation for the firm as they embraced the concept of modernization of a pilot’s dual-time wristwatch. Some disagreed as it was not a replica of the vertical chronograph from the 1930s, but a completely new watch with minimal linkage to the original example. However, with that said, the controversial element of the timepiece is perhaps the reason why it was highly sought-after in the market when it was launched.

    Encased in a 42mm diameter white gold Calatrava-style case, the watch features an Art Deco inspired dial with oversized luminous filled applied white gold Arabic numerals against a grainy matte dark navy blue dial, blued sword hands and an additional skeletonized hand for the second time zone with apertures for day and night indication for each time zone, while a register at 6 o’clock indicates the date. The case features two patent pending adjusters for setting the additional time zone. In 2018, Patek Philippe released their first ladies Calatrava Pilot’s Travel Time ref. 7234R after a successful reception of the ref. 5524G.

    The present example Patek Philippe ref. 5524G-001 from circa 2018 is offered by its original owner and is preserved in excellent overall condition, 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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Property from the Original Owner

1006

Ref. 5524G-001
A fine and attractive white gold dual-time pilot's wristwatch with center seconds, date, day and night indication, Certificate of Origin and presentation box

Circa 2018
42mm diameter
Case, dial, movement and buckle signed

Estimate
HK$200,000 - 300,000 
€22,100-33,200
$25,600-38,500

Sold for HK$277,200

Contact Specialist

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

The Hong Kong Watch Auction: XIII

Hong Kong Auctions 25-26 November 2021