Patek Philippe - The Hong Kong Watch Auction: XVII Hong Kong Friday, November 24, 2023 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2015
    Reference No: 5275P-001
    Movement No: 5’251’901
    Case No: 6’050’070
    Model Name: Chiming Jump Hour
    Material: Platinum
    Calibre: Manual, cal. 32-650 HGS PS, 75 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe engraved deployant clasp
    Dimensions: 40mm width x 47.5mm length
    Signed: Case, dial, movement, and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Salons Patek Philippe, Geneva dated 1 September 2015, Patek Philippe Attestation, wooden anniversary presentation box, commemorative medal, leather folio with photograph, product literature, presentation box and outer packaging.

  • Catalogue Essay

    To celebrate its 175th anniversary in 2014, Patek Philippe unveiled six limited edition timepieces that highlighted the brand's unparalleled technical skills and artistry. The ref. 5275P chiming jump hour wristwatch was undoubtedly the most complicated and impressive of the collection. Inspired by the 1989 commemorative ref. 3969 released for Patek Philippe's 150th anniversary, the ref. 5275P paid homage while asserting a bold, modern style.

    It took Patek Philippe's watchmakers four years to research and develop this complex timepiece. Only 175 examples were produced, with the platinum case and dial engraved in a floral scroll motif. The motif elegantly adorns the otherwise empty dial and extends to the case sides and clasp.

    The innovative cal. 32-650 HGS PS represented a remarkable feat of technology. The jumping hour mechanism required intricate power and energy management to synchronize the functions. Four new patents were introduced, three for the jumping mechanism and one isolating the hour striking. As a result, the seconds, minutes and digital hour all advance instantaneously rather than continuously.

    While the ref. 3969 was traditionally sized, the ref. 5275P makes a bolder statement at 40mm diameter and 47.5mm lug to lug. Connoisseurs particularly appreciate its loud, crisp chime synchronized precisely to the time.

    Fresh-to-market and complete with its original Patek Philippe Certificate of Origin and accessories. The ref. 5275P exemplifies Patek Philippe's taste, technical mastery, and incredible rarity, representing the pinnacle of fine watchmaking.

  • 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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Σ891

Ref. 5275P-001
An exceptional and rare limited edition platinum chiming wristwatch with jump seconds and minutes, digital jump hour, engraved dial and case, with Certificate of Origin, Attestation, commemorative medal and presentation box, made for the 175th anniversary of Patek Philippe

Circa 2015
40mm width x 47.5mm length
Case, dial, movement, and clasp signed

Estimate
HK$2,500,000 - 4,700,000 
€303,000-569,000
$321,000-603,000

Sold for HK$3,048,000

Contact Specialist

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

The Hong Kong Watch Auction: XVII

Hong Kong Auction 24-25 November 2023