Patek Philippe - The New York Watch Auction: EIGHT New York Saturday, June 10, 2023 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2022
    Reference No: 5520P-001
    Movement No: 5’256’600
    Case No: 6’529’646
    Model Name: Alarm Travel Time
    Material: Platinum
    Calibre: Automatic, cal. AL 30-660 SC FUS, 52 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: Platinum Patek Philippe pin buckle.
    Dimensions: 42mm Diameter
    Signed: Case, dial, movement, and buckle signed.
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 29 September 2022, large leather folio, additional solid caseback, setting pin, product literature, and fitted box.

  • Catalogue Essay

    In 2019, Patek Philippe once again pushed the boundaries of contemporary watchmaking with the release of the first sports luxury grand complication, the reference 5520P Alarm Travel Time. Five years in the making and engineered with four new patent applications, this entirely new integrated movement—combination of the dual time zone and an alarm mechanism— is adorned with the Patek Philippe Seal – certifying the highest level of finishing and precision. The high-performance caliber AL 20-660 S C FUS is composed of 574 parts, with a power reserve of 52 hours.

    Designed for the modern-day traveler, the alarm mechanism of this timepiece is truly unique. Operated by the interlock pusher at 2 o’clock decorated with a small bell-shaped design, it triggers a hammer which strikes a gong that encircles the movement, chiming in pleasing, gentle notes - similar to the striking sounds of a minute repeater. The function is intuitive and easy to operate, the inclusion of the small bell-shaped aperture below the 12 o’clock marker provides a convenient visual indicator of whether the alarm has been set on (white) or off (black). Directly below is a digital display of the set alarm time, which can be adjusted in 15-minutes increments, with its own day/night indicator just beneath the apertures. The classiness of its chimes is without doubt an elegant reminder in any meeting without significant disruption.

    The 5520P is the very first timepiece with a water-resistant complication alarm and gong striking function fused into one. An intriguing and impressively complicated timepiece, Phillips is proud to offer the present 5520P with its original accessories in outstanding overall condition.

  • 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. 5520P-001
An extremely rare and technically impressive platinum dual-time wristwatch with 24-hour alarm, on/off indicator, day/night indicator, date display, Certificate of Origin, and presentation box

2022
42mm Diameter
Case, dial, movement, and buckle signed.

Estimate
$150,000 - 300,000 
CHF135,000-270,000
€139,000-277,000
HK$1,170,000-2,350,000
S$202,000-403,000

Sold for $190,500

Contact Specialist

Paul Boutros
Head of Watches, Americas
+1 (212) 940-1293
WatchesNY@Phillips.com
 
Isabella Proia
Head of Sale, New York
+1 (212) 940 1285
iproia@phillips.com

The New York Watch Auction: EIGHT

New York Auction 10 - 11 June 2023