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

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  • Manufacturer: Patek Philippe
    Year: Circa 2014
    Reference No: 5131J-014
    Movement No: 5’780’303
    Case No: 4’659’619
    Model Name: World Time
    Material: 18K yellow gold
    Calibre: Automatic, cal. 240 HU, 33 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K yellow gold Patek Philippe deployant clasp
    Dimensions: 39.5mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Eldorado Watch Co., Hong Kong dated 21 May 2014, instruction manual, product literature, leather folio, hangtag, fitted presentation box and outer packaging.

  • Catalogue Essay

    The Patek Philippe World Time has a rich heritage dating back to the early 1930s when it was first introduced by Louis Cottier, the father of the world time watch. From the early ref. 96HU to the present ref. 5131J, the World Time epitomizes Patek Philippe's flair for innovation and elegance.

    One distinguishing feature of the ref. 5131 is the signature "Patek Philippe Geneve" elegantly engraved in italic script on the bezel. Taking center stage is the immaculate and vibrant cloisonné enamel world map, a testament to the extraordinary skills of Patek Philippe's master enamellers. The intricate art of cloisonné requires meticulous attention to detail at every stage, with the slightest distortion considered an imperfection. With only two to three enamellers capable of producing these dials, just 30-40 of each metal version can be made annually, making the ref. 5131 one of the most coveted timepieces ever created.

    The ref. 5131 was first produced in 2008 in yellow gold, followed by white gold in 2009 and pink gold in 2014. As part of the inaugural yellow gold series, this ref. 5131J features a world map depicting the Americas, Europe and Africa, surrounded by beautiful gold ribbons.

    Succeeding the renowned ref. 5131J-001, the present ref. 5131J-014 enjoyed a remarkably brief production run of less than two years before being discontinued, rendering it a scarce find for collectors. While paying homage to its forerunner, the ref. 5131J-014 featured subtle design evolutions that distinguished the model. Three cities on the cloisonné enamel world map were altered - Caracas made way for La Paz, while Moscow and Dubai swapped positions with Moscow ultimately reappearing. Additionally, the rich hues of the enamel dials are said to have become even more vibrant and eye-catching. With the skills to create these ornate dials possessed by only a handful of Patek Philippe's master artisans, barely 30 to 40 examples in each precious metal are handcrafted annually. Their rarity is thus ensured.

    For the collector, the opportunity to acquire the ref. 5131J-014 is particularly special given its brief window of production. With the reference no longer available from Patek Philippe, examples reaching the open market are seldom seen. Its dazzling enamel work and intricate world time mechanism will continue to captivate and delight for generations to come.

    Offered in brand new single factory sealed condition and complete with its Certificate of Origin, presentation box and hang tag, this rare and discontinued ref. 5131J-014 presents a compelling opportunity for connoisseurs to acquire an important piece of Patek Philippe's craftsmanship.

  • 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. 5131J-014
A very fine and rare yellow gold world time wristwatch with cloisonné enamel dial, Certificate of Origin and presentation box, single sealed

Circa 2014
39.5mm diameter
Case, dial, movement and clasp signed

HK$550,000 - 1,100,000 

Sold for HK$698,500

Contact Specialist

Thomas Perazzi
Deputy Chairman, Watches, Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: XVII

Hong Kong Auction 24-25 November 2023