Patek Philippe - The New York Watch Auction: SIX New York Saturday, June 11, 2022 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2017
    Reference No: 5230G-010
    Movement No: 7’094’778
    Case No: 6’192’381
    Model Name: World-Time, New York Edition
    Material: 18K white gold
    Calibre: Automatic, cal. 240Q, 33 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 38.5mm Diameter
    Signed: Case, dial, movement, and clasp signed.
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated March 12th, 2018, wooden presentation box, hang tag, leather envelope, product literature and outer packaging.

  • 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.

    Patek Philippe’s reference 5230G, New York Edition, was a celebration of both the brand’s long, prestigious history, and their landmark, 2017 exhibition “Patek Philippe -The Art of Watches Grand Exhibition.” A comprehensive 10-day event featuring over 450 curated timepieces from the Patek Philippe Museum, it was the largest watch-related exhibition ever held in the United States. Accordingly, Patek Philippe issued nine limited edition timepieces, including the present reference 5320G - a stunning world-time wristwatch featuring a metallic, Art Deco relief of the Manhattan skyline on the dial.

    The present example is fresh to the market, and is the seventh known New York Edition model to be offered at auction. This example is the second oldest to appear on the market. Consigned by the original owner, the watch is complete and preserved in outstanding condition. Produced in just 300 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.

    View More Works

Σ16

Ref. 5230G-010
A very fine and attractive limited edition white gold world-time wristwatch with "New York" dial, Certificate of Origin, and presentation box

2017
38.5mm Diameter
Case, dial, movement, and clasp signed.

Estimate
$30,000 - 60,000 
CHF29,600-59,300
€28,400-56,800
HK$235,000-471,000
S$41,600-83,100

Sold for $81,900

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: SIX

New York Auction 11-12 June 2022