Patek Philippe - The Hong Kong Watch Auction: NINE Hong Kong Monday, November 25, 2019 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2010
    Reference No: 5131G-001
    Movement No: 5’530’432
    Case No: 4’487’026
    Model Name: World Time
    Material: 18K white gold
    Calibre: Automatic, cal. 240/229, 33 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 39.5mm Diameter
    Signed: Dial, case, movement and clasp signed
    Accessories: Further accompanied by Patek Philippe Certificate of Origin stamped Patek Philippe Salons de Genève dated 23rd February 2010, instruction manual, product literature, leather folio, outer packaging and fitted presentation box

  • Catalogue Essay

    The reference 5131 is Patek Philippe’s latest for its world-time wristwatches, which was first launched in 2008 encased in yellow gold. Inspired aesthetically and practically from its pocket watch ancestors, the world-time wristwatch was designed out of necessity for wearers to be able to read all time zones on a single dial. First innovated by Louis Cottier in the early 1930’s, the world-time wristwatch was designed with a rotating bezel with cities representing all time zones and the 12 O’clock position would determine the time-zone indicated. The design was simple, practical and aesthetically pleasing, hence the same concept has been repeated till date.

    Starring a handcrafted cloisonné enamel dial featuring various continents of the world, each dial is unique in its own respect. Examples of reference 5131 encased in yellow gold represents the Americas, Europe and Africa, whilst examples encased in white gold represents Europe, Africa, Asia and Oceania. It is believed that approximately 150 to 200 examples were produced in both yellow and white gold. Furthermore, only two to three enamellers are able to produce these dials and can only deliver 30 to 40 dials each year.

    The Patek Philippe world-time wristwatches have always been sought after by collectors from the boutiques with a scarce amount of supply. The combination of the exquisitely crafted cloisonné enamel dial and the practicality of the world-time complication is what attracts the most esteemed collectors of Patek Philippe wristwatches. The present example in white gold is further presented with the original Certificate of Origin stamped Patek Philippe Salons de Genève and its original fitted presentation box.

  • 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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Σ1057

Ref. 5131G-001
A fine, attractive and rare white gold world-time wristwatch with cloisonné enamel dial, Certificate of Origin and presentation box

Circa 2010
39.5mm Diameter
Dial, case, movement and clasp signed

Estimate
HK$600,000 - 900,000 
€68,400-103,000
$76,900-115,000

Sold for HK$812,500

Contact Specialist

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

The Hong Kong Watch Auction: NINE

Hong Kong Auction 25-26 November 2019