Patek Philippe - The New York Watch Auction: SEVEN New York Saturday, December 10, 2022 | Phillips

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  • Condition Report

  • Description

    View our Conditions of Sale.

  • Manufacturer: Patek Philippe
    Year: 2014
    Reference No: 5575-001
    Movement No: 5’869’200
    Case No: 6’011’603
    Model Name: World Time
    Material: 18K white gold
    Calibre: Automatic, cal. 240 HU LU, 35 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe 175th Anniversary deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated March 15, 2015, Patek Philippe Attestation, wooden anniversary presentation box, commemorative coin, leather envelope with photograph, product literature and outer packaging.

  • Catalogue Essay

    Launched as a commemorative piece for the firm’s 175th anniversary in 2014, the Patek Philippe ref. 5575G was part of a limited-edition of 1300 timepieces. It was released alongside the reference 5975, a multi-scale chronograph executed in white, yellow, pink gold and platinum, the 5275P an exquisite platinum chiming wristwatch with digital jump hour, and the reference 5175R, the Grandmaster Chime. The collection was the summation of the brand’s long and prestigious history, reflecting on complicated movements and aesthetic refinement.

    The reference 5575G was no exception. It was the first Patek Philippe timepiece that combined a world time complication with a moon phase following the lunar cycle. The brand engineered an entirely new caliber for this watch (and the corresponding ladies' version, the reference 7175 in rose gold), the caliber 240 HU LU ("heures universelle lune"), an ultra-thin automatic movement with a 22 karat gold micro rotor. The moon display is immensely realistic, yet retains an elegance against a nocturnal starry sky, with the skyscape made possible by two sophisticated and highly complex moon phase discs rotating according to the actual orbit of the moon.

    The present example is offered for the first time by its original owner. The watch is in excellent condition and accompanied by its Certificate of Origin, presentation box, and commemorative coin. Patek Philippe’s 175th anniversary watches were extremely well-received both for their designs and innovative mechanisms, and the reference 5575 perfectly encapsulates the essence of this historic collection.

    CONSIGNED BY 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

Σ17

Ref. 5575-001
A rare and attractive limited edition white gold world-time wristwatch with moon phase, Certificate of Origin, Attestation, commemorative coin, and presentation box, made for the 175th anniversary of Patek Philippe

2014
40mm Diameter
Case, dial, movement and clasp signed

Estimate
$50,000 - 100,000 
CHF47,500-95,000
€48,400-96,700
HK$391,000-783,000
S$68,800-138,000

Place Advance Bid
Contact Specialist

Paul Boutros

Head of Watches, Americas

+1 (212) 940-1293

[email protected]

 

Isabella Proia

Head of Sale, New York

+1 (212) 940 1285

[email protected]

 

The New York Watch Auction: SEVEN

New York Auction 10 - 11 December 2022