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

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  • Manufacturer: Patek Philippe
    Year: 2018
    Reference No: 5230G-011
    Movement No: 7’141’960
    Case No: 6’255’223
    Model Name: World Time “Bogota”
    Material: 18K white gold
    Calibre: Automatic, cal. 240 HU, 33 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 38.5mm Diameter
    Signed: Case, dial, movement, strap, and clasp signed.
    Accessories: Accompanied by Patek Philippe Certificate of Origin, product literature, leather wallet, Patek Philippe Attestation confirming this watch is part of a limited series of 10 pieces produced for Bauer & Co., oversized glossy photo, large leather binder, presentation box, and outer box.

  • Catalogue Essay

    World time watches were invented, as is the case with most innovations, out of necessity. With the advent of the industrial age came global trade and world travel and, as a direct result, there was a need for timekeeping devices capable of tracking time in multiple time zones. The world-time complication, other than being a utilitarian invention, is also a fascinating window into history when studying its evolution. With the rise and fall of nations, one featured capital on a watch’s bezel or dial replaced another as the reference city for a specific time zone.

    This particular 5230G replaces New York City, USA with Bogota, Colombia as the representative city of the Eastern time zone, and the city is rendered in red text as additional emphasis. Produced for the 125th anniversary of Joyeria Bauer in 2018, a retailer of Patek Philippe located in the Colombian capital, it additionally features the crest of Joyeria Bauer on the sapphire caseback, as well as a stunning, grey guilloche dial.

    The present example is fresh-to-the-market and consigned by the original owner, as well as offered in complete and outstanding condition. Produced in just 10 examples, the present lot is a rare opportunity to own this modern synthesis of Patek Philippe’s historical past and technical mastery.

    PROPERTY OF THE ORIGINAL OWNER

  • 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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Σ86

Ref. 5230G-011
One of only 10 pieces, a limited-edition white gold world time wristwatch with grey guilloché dial, Certificate of Origin, and presentation box, made to celebrate the 125th anniversary of Joyeria Bauer in Bogota

2018
38.5mm Diameter
Case, dial, movement, strap, and clasp signed.

Estimate
$30,000 - 60,000 
CHF27,000-54,000
€27,700-55,500
HK$235,000-469,000
S$40,300-80,700

Sold for $69,850

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