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: 5275P-001
    Movement No: 5’251’793
    Case No: 6’007’797
    Material: Platinum
    Calibre: Manual, cal. 32-650 HGS PS, 75 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: Platinum Patek Philippe 175th Anniversary deployant clasp
    Dimensions: 40mm Width x 47.5mm Length
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated March 17, 2014, Patek Philippe Attestation, wooden anniversary presentation box, commemorative coin, leather folio with photograph, product literature and outer packaging.

  • Catalogue Essay

    Patek Philippe celebrated its 175th anniversary in 2014 by releasing a collection of six limited edition timepieces, all of which highlighted the manufacture's technical skill and quality of workmanship. Each release garnered excitement and praise from collectors, with the reference 5275P being amongst the collection’s most complicated and impressive offerings. It was built on a tradition established by the previous commemorative pieces released by Patek Philippe for their 150th anniversary in 1989, such as the Jump Hour reference 3969, but to grand effect.

    The reference 5275P is a modern chiming Jump Hour wristwatch that took four years of research and development to create. Paying homage to the reference 3969, the 21st century example was bold and modern with a platinum engraved case and dial, as well as a chime at the top of the hour. Patek Philippe produced only 175 examples, and the watch is the epitome of a complication watch inspired from their historical past, with an elegant aesthetic housed in a tonneau-shaped case. The dial is engraved with a floral scroll motif, brilliantly executed to counter the otherwise empty space on the dial, and the engraving extends to both the sides of the platinum case and the clasp.

    Amongst watch enthusiasts, the new caliber 32-650 HGS PS was an amazing feat of technology, with the jump hour requiring precise power and energy management to permit the functions to advance in sync. It introduced four new patents, three pertaining to the jumping mechanism and the other isolating the hour striking mechanism. The result is that all the time indications - the seconds, the minutes and the digital hour - advance by instantaneous jump intervals, rather than a constant movement. In contrast to the rather traditionally sized 3969, the 5275P is boldly sized at 40mm in diameter and 45mm from lug to lug. The reference 5275P is most appreciated by connoisseurs for its loud and crisp chiming mechanism, which is perfectly synchronized to the time.

    Consigned by the original owner and fresh-to-the market, this watch is extremely well-preserved and is offered complete with the original Patek Philippe Certificate of Origin and its accompanying set of accessories. The reference 5275P combines taste, technical mastery, and incredible rarity, and is a masterful representation of Patek Philippe’s excellence in watchmaking.

    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.

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PLEASE NOTE, THIS LOT IS A PREMIUM LOT. ONLINE BIDDING WILL BE DISABLED FOR THIS LOT. TO BID ON THE LOT YOU MUST COMPLETE AND SATISFY OUR PREMIUM LOT PRE-REGISTRATION PROCEDURE NO LATER THAN 24 HOURS BEFORE THE START OF THE AUCTION SESSION IN WHICH IT IS OFFERED. PLEASE ALSO NOTE THAT ONLY IN PERSON, WRITTEN ABSENTEE, OR TELEPHONE BIDS WILL BE ACCEPTED FOR THESE LOTS. PLEASE CONTACT THE BIDS DEPARTMENT AT [email protected] FOR DETAILS.

Σ ≈20

Ref. 5275P-001
An exceptional and rare limited edition platinum jump hour chiming wristwatch with jump seconds, Certificate of Origin, Attestation, commemorative coin and presentation box, made for the 175th anniversary of Patek Philippe

2014
40mm Width x 47.5mm Length
Case, dial, movement and clasp signed

Estimate
$300,000 - 600,000 
CHF285,000-571,000
€289,000-579,000
HK$2,350,000-4,690,000
S$411,000-823,000

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