Patek Philippe - INTERSECT: Online Auction Hong Kong Monday, March 22, 2021 | Phillips

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    • Circa 2018

    • 39.5mm diameter

    • Case, dial, movement, bracelet and clasp signed.

  • Manufacturer: Patek Philippe
    Year: Circa 2018
    Reference No: 5131/1P-001
    Movement No: 7’138’666
    Case No: 6’224’482
    Model Name: World Time
    Material: Platinum
    Calibre: Automatic, cal.240 HU, 33 jewels
    Bracelet/Strap: Platinum Patek Philippe bracelet
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 39.5mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed.
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 24th April 2018 stamped by retailer Kooheji Store Company, Saudi Arabia, leather folio, instruction manual, product literature, hangtag, fitted presentation box and outer packaging

  • Catalogue Essay

    The Patek Philippe World Time has a tremendous heritage dated back to the early 1930’s, offered to the world by the father of the world time, Louis Cottier. Fast forward 90 years, the World Time remains one of the most coveted modern timepiece from the maison. Highly notable for the immaculate and vibrant cloisonné enamel map, the art of cloisonné enamel commands exceptional skillful artisans and painstaking process to execute, thus extremely rare and adorned by collectors of prestige timepieces.

    The ref. 5131 was chronologically produced in various metals from 2008 in yellow gold , followed by white gold in 2009, pink gold in 2014 and finally platinum in 2017. First to be made in platinum and enhanced with a platinum ‘brick’ bracelet, the 5131P is surely opulent. Taking centre stage of the dial depicts a new hemisphere of the world, the North Pole. Executed in vast green of land and shades of blue of the deep sea, traces of icy white enamel evokes the land of true North , the map is stunning with gold wire intricately outlining the coasts of Canada and Russia. The 24 hour city ring features Hong Kong, Dubai and Moscow as representatives of their respective time zone. Later models will instead feature Beijing.

    With only 6 platinum examples appeared previously in auction, the present example 5131P is in unused, pristine condition and remains preserved in its original single sealed packaging. Furthermore, it is fresh to the market, and offered with the Certificate of Origin, presentation box and hang tag. Discontinued just at the beginning of this year in 2021, the present lot is extremely rare and highly elusive, and is beyond doubt an opportunity not to miss.

  • 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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10

Ref. 5131/1P-001
A very rare and exceptional platinum world time wristwatch with cloisonné enamel dial and platinum bracelet, Certificate of Origin and presentation box, single sealed

Circa 2018
39.5mm diameter
Case, dial, movement, bracelet and clasp signed.

Estimate
HK$1,100,000 - 1,800,000 
€119,000-194,000
$141,000-231,000

Sold for HK$1,512,000

Contact Specialist

Hin Hin Wong

Associate Specialist, 20th Century & Contemporary Art, Hong Kong

+852 2318 2013

hinhinwong@phillips.com

 

Thomas Perazzi

Head of Watches, Asia

+852 2318 2001

WatchesHK@phillips.com

 

Charlene Lau

Head of Jewels, Hong Kong

+852 2318 2039

JewelleryHK@phillips.com

 

INTERSECT: Online Auction

Online Auction 23 - 30 March 2021